资本投资公司投融资决策支持体系研究.pdfVIP

lil!|ll·-E 《 山 V um0 叩 内 1- U ， 内 国际石油经济 6 ι INTERNATIONAL PETROLEUM ECONOMICS 资本投资公司投融资决策支措体系研究 盒睛剑，耿撞，俞勇 (申国海津石油总公司规划计划部) 摘要:为提高资本效益，中国油气公司需要加强战略规划和资产管理，推进投资体制改革与投资管理平台建 设，建立以资本投资多维评价及优化资产组合管理为核心的规划平台，以实现对投资项目全生命周期的绩效管理，并 逐步建立在国有资本投资公司战略规划引领下的投资、融资及资本混合决策支持体系。提出投融资决策支持体系的建 设目标和基本框架，进而提出建立投融资决策支持平台的设计思路，即在组织架构上，要在总部建立配套的投融资许 估组织体系，在平台上实现各专业部门和职能部门信息和智力资源的共享，逐步形成企业战略和投融资智库;在管理 流程上，要根据新的资产纽合和综合评价决策门径管理流程，优化信息传递和评价决策流程;在信息系统上，建立基 础信息采集与统一多维评价层、全生命周期的资产数据库和项目储备库层以及资产组合集中优选和情景规划工具层的 三层结构。在平台应用方面，着重讨论了投融资运作框架、在不同门径前的选择、资源池管理、投融资的资本选择等 问题。 关键词:油气公司;资本投资;资产管理;决策支持 Research on the integrated investment and financing decision support system for a capital investment company JIN Xiaojian , GENG Jie ,YU Yong (CNOOC Strategy Planning Dept.) Abstract: In order to increase capital efficienc弘 Chinas oil and gas companies need to strengthen strategic pl缸ming and asset management , facilitate the construction of investrnent management platform whose core is the multi-dimensional evaluation of capital investrnent and asset portfolio management and by which the performance management of investrnent projects over their full life cycie could be realized and gradually building up the integrated decision support system led by s位ategic planning of state- owned capital investrnent ∞mpanies.ηle articie proposes its objectives and fundan1ental framework and then the design thinking of the platform , which refiects three aspects, namely building a supporting investrnent and fìnancing portfolio evaluation system at headquarters to realize the sharing of information and knowledge resources on the platform for each specialist and functional department and to gradually form the