OMV, a leading Austrian oil company, is continuously developing its exploration and production technologies either through in-house research or in cooperation with external partners. A package of evaluation criteria with an appropriate evaluation tool is used to rank these technology projects. The objective of this thesis was to review if the group of criteria and the evaluation tool applied satisfy the requirements of both OMV and scientific literature.
This was achieved by carrying out intensive research in relevant scientific literature. The methods and procedures used by OMV were then compared to the models and theories from scientific literature. The results of this research were used to adapt the package of criteria and the evaluation tool.
In addition to the theoretical basis of technical literature, an optimal package of evaluation criteria and an appropriate evaluation tool was developed in cooperation with OMV employees through workshops and discussions. This tool has been used successfully to evaluate several technology projects and has been found to be universally applicable.