PEDRO ANDRADE

,QWURGXomRj,QIRUPiWLFD


,QIRUPiWLFD&RPSXWDGRU



$ SDODYUD ,QIRUPiWLFD VXUJLX HP  SRU DVVRFLDomR GDV SDODYUDV ,QIRUPDomR H
$XWRPiWLFDSDUDGHVLJQDURGRPtQLRGRWUDWDPHQWRDXWRPiWLFRGDLQIRUPDomR2XVHMD
D,QIRUPiWLFDpRWUDWDPHQWRDXWRPiWLFRGHLQIRUPDomRDWUDYpVGDXWLOL]DomRGHWpFQLFDV
SURFHGLPHQWRVHHTXLSDPHQWRVDGHTXDGRVWHQGRSRUEDVHRVFRPSXWDGRUHV

$SDODYUD&RPSXWDGRUWHPRULJHPQRODWLP&RPSXWDUHTXHVLJQLILFD´FRQWDUFDOFXODU
RXDYDOLDUµ2FRPSXWDGRUpXPHTXLSDPHQWRHOHFWUyQLFRH[WUHPDPHQWHIOH[tYHORQGH
RFRUUHRSURFHVVRUHSUHVHQWDGRQDILJXUDVHJXLQWH



,QIRUPDo}HV
 'DGRV
 RX

 UHVXOWDGRV
RX
,QSXW 

3URFHVVDPHQWR 2XWSXW



­ VHTXrQFLD GH RSHUDo}HV QHFHVViULDV SDUD D SURGXomR GRV UHVXOWDGRV GHVHMDGRV
GHVLJQDVHSRU3URJUDPDHHVWHpFRQFHELGRSRUDOJXpPGHVLJQDGRSRU3URJUDPDGRU

,QIRUPDomR
 e WRGD D IRUPD GH H[SUHVVmR RX GH UHSUHVHQWDomR GH IDFWRV
DFRQWHFLPHQWRVREMHFWRVLGHLDVVHQWLPHQWRVRXVHQVDo}HV

'DGRV
6mRRVHOHPHQWRVTXHVHUYHPGHEDVHSDUDRWUDWDPHQWRHVREUHRVTXDLVR
FRPSXWDGRU DFWXD 5HSUHVHQWDP IDFWRV FRQFHLWRV RX LQVWUXo}HV GH XPD PDQHLUD
QRUPDOL]DGDTXHSHUPLWDDFRPXQLFDomRLQWHUSUHWDomRHSURFHVVDPHQWR2VGDGRVVmR



Digitally signed

Pedro Andrade by Pedro Andrade

DN: cn=Pedro
Andrade, c=PT
Date: 2005.05.13
Signature
Not Verified 01:14:54 Z
UHSUHVHQWDGRV SRU VtPERORV WDLV FRPR OHWUDV Q~PHURV « PDV QmR VmR HP VL D
LQIRUPDomRGHVHMDGD

3URFHVVDPHQWR GH 'DGRV
 &RQVLVWH QD MXQomR GH WRGRV RV GDGRV DYDOLDomR H
RUGHQDomRGRVPHVPRVGHIRUPDDREWHULQIRUPDomRSHUFHSWtYHOSHOR+RPHP

([HPSOR



'DGRV ,QIRUPDomR




 
2,2&20%  &20%2,2
 3URFHVVDPHQWR






















 &ODVVLILFDomRGRV&RPSXWDGRUHV


&ULWpULR &ODVVLILFDomR &DUDFWHUtVWLFDV

7UDEDOKDPFRPJUDQGH]DVItVLFDVFRQWtQXDVQRWHPSR
&RPSXWDGRUHV SRUPHGLomRGLUHFWD
$QDOyJLFRV $SOLFDPVH QD LQG~VWULD IDEULFR GH DoR GLVWULEXLomR
)XQFLRQDPHQWR HQHUJpWLFDFRQWURORGHTXDOLGDGHGHSURGXomR«
LQWHUQR
7UDEDOKDP FRP JUDQGH]DV FRGLILFDGDV SRGHQGR
&RPSXWDGRUHV WUDWDU YiULRV WLSRV GH GDGRV QXPpULFRV H QmR
'LJLWDLV QXPpULFRV
$SOLFDPVHQRFDPSRFRPHUFLDOHFLHQWtILFR
6mR DOWDPHQWH HVSHFLDOL]DGRV QD UHDOL]DomR GH XPD
WDUHIDHVSHFtILFD([5RERWVXWLOL]DGRVQDLQG~VWULDH
7LSRV 8WLOL]DomRHVSHFtILFD
FRPSXWDGRUHV FRQFHELGRV SDUD R FRQWUROR GH
GH PLVV}HVHVSDFLDLV
XWLOL]DomR
([HFXWDP YiULDV WDUHIDV WDLV FRPR JHVWmR GH
8WLOL]DomRJHUDO
HPSUHVDVFiOFXORFLHQWtILFR«

7rPJUDQGHYHORFLGDGHHFDSDFLGDGHGHFiOFXOREHP
FRPR JUDQGH SUHFLVmR QRV UHVXOWDGRV 7UDEDOKDP
$SOLFDo}HV
QRUPDOPHQWH FRP SRXFRV SHULIpULFRV SHOR TXH DV
FLHQWtILFDV
RSHUDo}HV GH LQSXW H RXWSXW VmR PDLV OHQWDV HP
&DPSRV UHODomRDRXWURVFRPSXWDGRUHV
GH
DSOLFDomR 1mR QHFHVVLWDP GH JUDQGH FDSDFLGDGH GH FiOFXOR
PDV VLP GH JUDQGH YHUVDWLOLGDGH H FDSDFLGDGH GH
$SOLFDo}HV
PDQXVHDPHQWR GH SHULIpULFRV SRLV QHFHVVLWDP GH
FRPHUFLDLV
WUDWDPHQWRLQWHQVLYRHUiSLGRGHGDGRVDUPD]HQDGRV
HPILFKHLURV
2VPLFURFRPSXWDGRUHVVmRWDPEpPGHVLJQDGRVSRU
FRPSXWDGRUHV SHVVRDLV 3HUVRQDO &RPSXWHUV
3HUVRQDO6\VWHPVHVmRSDUDXVRJHUDOHQTXDQWRTXH
DV ZRUNVWDWLRQV VmR XWLOL]DGDV SDUD DSOLFDo}HV
3RWHQFLDOLGDGHV 0LFURFRPSXWDGRUHV HVSHFLDOL]DGDV GH FiOFXOR FLHQWtILFR RX GHVHQKR
RX H JUiILFR6mRJHUDOPHQWHGRWLSR´PRQRSRVWRµVHQGR
3HUIRUPDQFHV :RUNVWDWLRQV XWLOL]DGRV SRU XPD SHVVRD GH FDGD YH] HPERUD
DFWXDOPHQWH PXLWRV PRGHORV SRVVDP FRPSRUWDU
YiULRVSRVWRVGHWUDEDOKRHPVLPXOWkQHRGHVGHTXH
VHMDP FRQWURODGRV SRU XP VRIWZDUH GH JHVWmR
;(1,;81,;




Digitally
signed by

Pedro Pedro Andrade

DN: cn=Pedro
Andrade, c=PT

Andrade
Date:
2005.05.13
Signature
Not Verified 01:18:11 Z
 &ULWpULR &ODVVLILFDomR &DUDFWHUtVWLFDV
6mR XVDGRV HP SHTXHQDV H PpGLDV HPSUHVDV
QRUPDOPHQWH HP IXQo}HV GH JHVWmR 3RVVXHP
PDLRUHV FDSDFLGDGHV GH PHPyULD H YHORFLGDGH GH
SURFHVVDPHQWR H VmR GR WLSR ´PXOWLSRVWRµ
SHUPLWLQGRDOLJDomRVLPXOWkQHDGHYiULRVXWLOL]DGRUHV
0LQLFRPSXWDGRUHV SRU XP WHUPLQDO RX DLQGD ´VHUYLGRUHVµGH UHGHVGH
H PLFURFRPSXWDGRUHV JHULQGR D UHGH H
6HUYHUV GLVSRQLELOL]DQGRPHLRVGLVFRVLPSUHVVRUDV«SDUD
VHUHP SDUWLOKDGRV SHORV PLFURFRPSXWDGRUHV OLJDGRV
j UHGH GHVLJQDGRV SRU ´FOLHQWVµ 'HYLGR jV VXDV
SRWHQFLDOLGDGHV H SHUIRUPDQFHV RV
PLQLFRPSXWDGRUHV WrP FXVWRV PDLV HOHYDGRV TXH RV
PLFURFRPSXWDGRUHV
3RWHQFLDOLGDGHV 6mR FRPSXWDGRUHV GH PpGLR H JUDQGH SRUWH RX
RX PDFURFRPSXWDGRUHV QRUPDOPHQWH XWLOL]DGRV FRPR
3HUIRUPDQFHV VLVWHPDV FHQWUDLV GH SURFHVVDPHQWR HP PpGLDV H
JUDQGHV HPSUHVDV RX LQVWLWXLo}HV S~EOLFDV 3RVVXHP
0DLQIUDPHV JUDQGHFDSDFLGDGHGHPHPyULDFDSDFLGDGHGHOLJDomR
H PLOKDUHV GH SRVWRV GH WUDEDOKR HP VLPXOWkQHR
YHORFLGDGHV GH SURFHVVDPHQWR PXLWR HOHYDGDV H
FDSDFLGDGH SDUD FRQWHU XP HOHYDGR Q~PHUR GH
SHULIpULFRV6mRPXLWRGLVSHQGLRVRV

6mR XWLOL]DGRV SRU JUDQGHV RUJDQL]Do}HV FRP

HQRUPHV H[LJrQFLDV GH SRGHU GH FiOFXOR VHQGR
PXLWtVVLPR GLVSHQGLRVRV (P 3RUWXJDO H[LVWH XP
6XSHUFRPSXWDGRUHV
VXSHUFRPSXWDGRULQVWDODGRQD)&&1)XQGDomRSDUD
R GHVHQYROYLPHQWR GH PHLRV GH &iOFXOR &LHQWtILFR
1DFLRQDLV













Digitally signed

Pedro
by Pedro
Andrade
DN: cn=Pedro
Andrade, c=PT

Signature
Not Verified
Andrade Date:
2005.05.13
01:15:37 Z

+LVWyULDGRVFRPSXWDGRUHV

$XWLOL]DomRSHOR+RPHPGHPiTXLQDVDX[LOLDUHVGHWUDWDPHQWRGHLQIRUPDomRVXUJLXj
PXLWRV VpFXORV VHQGR XP H[HPSOR R ÉEDFR TXH p XVDGR GHVGH R VpF 9,,, D& SDUD
HIHFWXDU IDFLOPHQWH DGLo}HV H VXEWUDFo}HV H FRP DOJXPD KDELOLGDGH PXOWLSOLFDo}HV H
GLYLV}HV

2XWURVPDUFRVLPSRUWDQWHVQDKLVWyULDGRVFRPSXWDGRUHVHQFRQWUDPVHGHVHJXLGD

%ODLVH3DVFDOFRQVWUyLXPDPiTXLQDGHFDOFXODUFRPHQJUHQDJHQVPHFkQLFDVTXH
SHUPLWH HIHFWXDU DV TXDWUR RSHUDo}HV DULWPpWLFDV (VWD PiTXLQD DLQGD p XWLOL]DGD
DFWXDOPHQWH PDV QD YHUVmR HOHFWURPHFkQLFD VRE D IRUPD GH PiTXLQDV UHJLVWDGRUHV
IDFWXUDGRUDVHGHFRQWDELOLGDGH

  -DFTXDUG LQYHQWD R FDUWmR SHUIXUDGR PHWiOLFR VREUH R TXDO VmR FRGLILFDGDV
RSHUDo}HVUHSHWLWLYDVSURJUDPDTXHSHUPLWHPRFRQWURORDXWRPiWLFRGHWHDUHV

  &KDUOHV %DEEDJH SXEOLFD XP WUDEDOKR LQWLWXODGR 'LIIHUHQWLDO (QJLQH HP TXH
HQXQFLD RV SULQFtSLRV GH FRQVWUXomR GH XPD PiTXLQD TXH SRVVD HIHFWXDU RSHUDo}HV
DOJpEULFDV R SURJUDPD GHYHUi HVWDU FRQWLGR QD SUySULD PiTXLQD RV UHVXOWDGRV
LQWHUPpGLRV GR FiOFXOR GHYHUmR VHU PHPRUL]DGRV QR VHX LQWHULRU H GHYHUmR H[LVWLU
GLVSRVLWLYRVTXHSHUPLWDPDLQWURGXomRGRVGDGRVHYLVXDOL]DomRGRVUHVXOWDGRV

*%RROHDSUHVHQWDXPDQRYDiOJHEUDDÉOJHEUD%RROHDQDTXHWHPSRUEDVHD
DSOLFDomRGHRSHUDGRUHVOyJLFRV´(µ´28µ´1®2µHHOHPHQWRVDOJpEULFRV

  +ROOHULW LQYHQWD XP FyGLJR SDUD D WUDQVLomR GH GDGRV OHWUDV DOJDULVPRV H
VtPERORVVREDIRUPDGHSHUIXUDo}HVUHDOL]DGDVVREUHXPFDUWmRHPSDSHOHFRQVWUyL
PiTXLQDV HOHFWURPHFkQLFDV WDEXODGRUDV TXH PHGLDQWH XP SURJUDPD DUPD]HQDGR
H[WHUQDPHQWHUHDOL]DPRWUDWDPHQWRGHGDGRVGHPRGRDREWHUUHVXOWDGRVVREIRUPDV
SUHYLDPHQWHGHWHUPLQDGDV




Digitally signed

Pedro
by Pedro
Andrade
DN: cn=Pedro
Andrade, c=PT

Signature
Not Verified
Andrade Date:
2005.05.13
01:15:54 Z
$ XWLOL]DomR GHVWH WLSR GH PiTXLQDV VRIUH JUDQGH H[SDQVmR TXDQGR DFRSODGDV D
FDOFXODGRUDV HOHFWURPHFkQLFDV LQWHUSUHWDGRUDV VHSDUDGRUDVLQWHUFDODGRUDV H
LPSUHVVRUDV
$ FRQVWUXomR H FRPHUFLDOL]DomR GH WDEXODGRUDV GHX RULJHP j FULDomR GH JUDQGHV
HPSUHVDVQRV(8$TXHVmRDFWXDOPHQWHJUDQGHVPXOWLQDFLRQDLV

 ² +RZDUG $LNHQ 3URIHVVRU GD 8QLYHUVLGDGH GH +DUYDUG FRPHoRX D SURMHFWDU
XPDPiTXLQDGHFiOFXORDXWRPiWLFRSURFXUDQGRRDSRLRGD,%09LULDDFRQVHJXLUDMXGD
ILQDQFHLUDHPWHQGRRGLVSRVLWLYRHQWUDGRHPIXQFLRQDPHQWRHPUHFHEHQGR
RQRPHGH´+DUYDUG0DUN,$XWRPDWLF6HTXHQFH&RQWUROOHG&DOFXODWRUµ
(VWDFDOFXODGRUDSRGLDHIHFWXDUDVTXDWURRSHUDo}HVEiVLFDVFRPXPDSUHFLVmRGH
GtJLWRV H GLVSXQKD GH  DFXPXODGRUHV SDUD DGLFLRQDU FRPXWDGRUHV ERW}HV H SDLQpLV
FRP ILFKDV FRPR RV XVDGRV QD FRPXWDomR WHOHIyQLFD $V VHTXrQFLDV GH RSHUDo}HV
SURJUDPDV HUDP IRUQHFLGDV j PiTXLQD HP ILWD GH SDSHO SHUIXUDGR $ DGLomR H
VXEWUDFomR HUDP HIHFWXDGDV HP FHUFD GH  VHJXQGRV D PXOWLSOLFDomR HP FHUFD GH 
VHJXQGRVHDGLYLVmRSRGLDOHYDUVHJXQGRV
(QTXDQWR HVWHYH HP IXQFLRQDPHQWR FHUFD GH  DQRV HVWD FDOFXODGRUD SURGX]LX XPD
JUDQGH TXDQWLGDGH GH LQIRUPDomR SDUD ILQV FLHQWtILFRV GH HQJHQKDULD H PLOLWDUHV )RL
GXUDQWH XPD GDV YiULDV DYDULDV QR 0DUN , TXH IRL HQFRQWUDGR SRU *UDFH 0XUUD\
+RSSHURSULPHLUR%8*GDKLVWyULDGRVFRPSXWDGRUHV2QRPHGDGRjDYDULDGHYHX
VH DR IDFWR GH HVWD WHU VLGR SURYRFDGD SRU XPD ERUEROHWDPDULSRVD EXJ TXH IRL
HQFRQWUDGDPRUWD

²)RLFRQFHELGRHFRQVWUXtGRRILFLDOPHQWHRSULPHLURFRPSXWDGRUHOHFWUyQLFRQD
8QLYHUVLGDGHGH3HQQV\OYDQLDQRV(8$WHQGRVLGRGHQRPLQDGRSRU(1,$&(OHFWURQLF
1XPHULF,QWHJUDWRUDQG&RPSXWHU

²1RV/DERUDWyULRV%(//QRV(8$pGHVFREHUWRRWUDQVtVWRUTXHFRQWULEXLUiD
SDUWLU GH  SDUD D PLQLDWXUL]DomR GRV FLUFXLWRV HOHFWUyQLFRV H SDUD D UHGXomR GR
YROXPHGRVFRPSXWDGRUHV





Digitally
signed by

Pedro Pedro Andrade

DN: cn=Pedro
Andrade, c=PT

Andrade
Date:
2005.05.13
Signature
Not Verified 01:16:15 Z
 ² $ ,%0 LQYHQWD D SULPHLUD OLQJXDJHP VLPEyOLFD SDUD SURJUDPDomR GH
FRPSXWDGRUHV )2575$1 )RUPXOD 7UDQVODWRU GHVWLQDGD D VHU XVDGD SRU FLHQWLVWDV
ItVLFRVHPDWHPiWLFRV

 ² 'HVHQYROYLPHQWR GD SULPHLUD OLQJXDJHP VLPEyOLFD SDUD SURJUDPDomR GH
FRPSXWDGRUHV DGHTXDGD DR WUDWDPHQWR GD LQIRUPDomR SDUD JHVWmR GHQRPLQDGD
&2%2/&RPPRQ%XVLQHVV2ULHQWHG/DQJXDJH

 ² $ ,QWHO DSUHVHQWD R SULPHLUR PLFURSURFHVVDGRU FRQVWLWXtFR SRU XP ~QLFR
FLUFXLWR LQWHJUDGR R ,QWHO  SURFHVVDGRU GH  ELWV FRP FDSDFLGDGH GH HQGHUHoDU
.EGHGDGRVH.EGHSURJUDPDVFRPWUDQVtVWRUHVQXPDSDVWLOKDGHVLOtFLRGH
PP)LJ

 ² 1LNODXV :LUWK FULD XPD OLQJXDJHP VLPEyOLFD 3$6&$/ WHQGR FRPR REMHFWLYR
HQVLQDUDVWpFQLFDVGHSURJUDPDomRHGiRULJHPjWpFQLFDGH3URJUDPDomR(VWUXWXUDGD

 ² -DPHV 0DUWLQ HQXQFLD QR WUDEDOKR ´3ULQFLSOHV RI 'DWD%DVH 0DQDJPHQWµ D
GHILQLomR GH ´%DVH GH 'DGRVµ H RV SULQFtSLRV D TXH GHYH REHGHFHU XP 6LVWHPD GH
*HVWmRGH%DVHGH'DGRVFULDQGRRFRQFHLWRGHVHSDUDomRGHGDGRVHSURJUDPDV

 ² &OLYH 6LQFODLU QR 5HLQR 8QLGR FRQFHEH XP FRPSXWDGRU GH SHTXHQDV
GLPHQV}HV=;LQWHJUDQGRQDVXDXQLGDGHDULWPpWLFDHOyJLFDXPLQWHUSUHWDGRUSDUD
XPD OLQJXDJHP GH SURJUDPDomR %$6,& ² %HJLQHUV $OOSXUSRVH 6\PEROLF ,QVWUXFWLRQ
&RGHXWLOL]DQGRFRPRSHULIpULFRVSDUDDOpPGHXPWHFODGRGHPHPEUDQDXPUHFHSWRU
GH79HXPJUDYDGRUGHFDVVHWHVPXVLFDO$FDSDFLGDGHGHPHPyULDGHVWHFRPSXWDGRU
HUDFHUFDGHYH]HVPDLRUTXHDGR(1,$&

 ² 6WHYHQ -REV H 6WHYHQ :R]LQDN FRQFHEHP QRV (8$ VHJXQGR RV PHVPRV
SULQFtSLRVGHPLQLDWXUL]DomRIDFLOLGDGHGHXWLOL]DomRHEDL[RSUHoRXPFRPSXWDGRUTXH
GHQRPLQDPGH$SSOH,)LJ
9iULRVFRQVWUXWRUHVLQLFLDPQHVVDpSRFDDSURGXomRHPODUJDHVFDODGHFRPSXWDGRUHV
PLQLDWXUL]DGRVGHIiFLOXWLOL]DomRH EDL[RSUHoRGHYHQGD'HVWDIRUPDRFRPSXWDGRU
WRUQDVHXP%HPSDUDFRQVXPR


²$,QWHOGHVHQYROYHRGHELWVSDUDD,%0RFRUUHQGRDVVLPRODQoDPHQWR
GHVHXSULPHLURPLFURFRPSXWDGRUSHVVRDO
1DPHVPDpSRFD%LOO*DWHVDGTXLUHj6HDWOH&RPSXWHUXP6LVWHPD2SHUDWLYR4'26
DGHTXDGRSDUDRV3HUVRQDO&RPSXWHUVHTXLSDGRVFRPSURFHVVDGRUHV,QWHOGHELW%LOO
*DWHV H 3DXO $OOHQ IXQGDP XPD HPSUHVD TXH GHQRPLQDP 0LFURVRIW H GmR XP QRYR
QRPH DR 6LVWHPD 2SHUDWLYR 06'26 0LFUR 6RIW ² 'LVF 2SHUDWLQJ 6\VWHP $
JHQLDOLGDGHGH%LOO*DWHVIRLFRQVHJXLURFRQWUDWRFRPD,%0TXHJDUDQWLXDGLYXOJDomR
GHXP62TXHVHWRUQRXRVWDQGDUGHGRPLQRXRPHUFDGR



























(YROXomRGRV&RPSXWDGRUHV

$RORQJRGDV~OWLPDVTXDWURGpFDGDVDHYROXomRGRVFRPSXWDGRUHVSDVVRXSRUGLYHUVRV
IDFWRUHVVHQGRRVPDLVLPSRUWDQWHVDFRQVWLWXLomRItVLFDGRVVHXVFRPSRQHQWHVFRPR
VHSRGHREVHUYDUQRGLDJUDPDVHJXLQWH
 *HUDomR²9iOYXODV
 • ž &RPSXWDGRU HOHFWUyQLFR ² (1,$& (OHFWURQLF 1XPHULF ,QWHJUDWRU $QG
 &DOFXODWRUTXHVLJQLILFD´FDOFXODGRUDHLQWHJUDGRUQXPpULFRHHOHFWUyQLFR
• 6HPPHPyULDHSURJUDPDGRDWUDYpVGHILFKDV
 • %DVHDGRQDVYiOYXODVYiOYXODVSHVDYDFHUFDGHWRQHODGDVRFXSDYDXPD
 iUHD GH  P FRP  PHWURV GH DOWXUD H SUHFLVDYD GH  SHVVRDV D WUDEDOKDU HP
VLPXOWkQHR

• 6y WUDEDOKD GXUDQWH  VHJXQGRV FRQVHFXWLYRV SRUTXH DV YiOYXODV IXQGLDP FRP
 IDFLOLGDGHGHYLGRjVDOWDVWHPSHUDWXUDVTXHDWLQJLD

 *HUDomR²7UDQVtVWRUHV

• 0XGDQoDGHYiOYXODVSDUDWUDQVtVWRUHV
 • 2 WUDQVtVWRU EDVHDYDVH QDV SURSULHGDGHV VHPLFRQGXWRUDV GH DOJXQV HOHPHQWRV
 FRPR R JHUPkQLR H R VLOtFLR REWHQGRVH HQRUPHV YDQWDJHQV VREUH DV YiOYXODV GH
YLGURJUDQGHUHGXomRGHWDPDQKRPDLRUYHORFLGDGHGHRSHUDomRPHQRUFRQVXPR
 HQHUJpWLFR PHQRUGLVVLSDomR GHFDORU PHQRUQ~PHUR GHDYDULDV PHQRU WHPSR GH
 PDQXWHQomRHPDLRUILDELOLGDGH
 • 6XUJHRFRQFHLWRGH´6RIWZDUHµDSOLFDGRDRVSURJUDPDVTXHHUDPLQWURGX]LGRVQR
FRPSXWDGRUSDVVDQGRDGDUVHPHQRVLPSRUWkQFLDDR´+DUGZDUHµ
 • ,QLFLDVH D SURJUDPDomR DWUDYpV GH FRPDQGRV DEUHYLDGRV VXUJLQGR DVVLP D 
 OLQJXDJHPGHSURJUDPDomRR´$VVHPEOHUµ
 

  *HUDomR ²&LUFXLWRV,QWHJUDGRV
• &LUFXLWRVLQWHJUDGRV²FRPSRQHQWHVHOHFWUyQLFRVFRPFHUFDGH PPGHiUHDH
 FRQWHQGR LQWHUQDPHQWH YiULRV WUDQVtVWRUHV H RXWURV FRPSRQHQWHV HOHFWUyQLFRV ²
 ´&KLSµ
 • 6mRFODVVLILFDGRVHPIXQomRGRQ~PHURGHWUDQVtVWRUHVTXHRVFRPS}HP
 66,6PDOO6FDOH,QWHJUDWLRQ²WUDQVtVWRUHV
  06,0LGOH6FDOH,QWHJUDWLRQ²WUDQVtVWRUHV
  /6,/DUJH6FDOH,QWHJUDWLRQ²WUDQVtVWRUHV
• &RPRDSDUHFLPHQWRGR&KLSDYHORFLGDGHGRVFRPSXWDGRUHVDXPHQWRXSDUDDV

GH]HQDVGHQDQRVHJXQGRVSRULQVWUXomRVHJXQGR PLOK}HVQDQRVHJXQGRV
 • 6XUJHP DV SULPHLUDV OLQJXDJHQV GH SURJUDPDomR RULHQWDGDV SDUD D UHVROXomR GH
 SUREOHPDV HVSHFtILFRV FRPR SRU H[HPSOR )RUWUDQ SDUD DSOLFDo}HV FLHQWtILFDV H
&REROSDUDDSOLFDo}HVFRPHUFLDLV



  *HUDomR ²&LUFXLWRV,QWHJUDGRVGH9/6,
 • 9/6, 9HU\/DUJH 6FDOH ,QWHJUDWLRQ VmR FLUFXLWRVTXHFRQVHJXHP LQWHJUDU GHQWUR
 GH XPD iUHD PXLWR UHGX]LGD  D  PP XPD TXDQWLGDGH PXLWR JUDQGH GH
WUDQVtVWRUHVHHOHPHQWRVHOHFWUyQLFRVGLYHUVRVFHUFDGH
 • 2 GHVHQYROYLPHQWR GD PLFURHOHFWUyQLFD SURGX] QD GpFDGD GH  RV SULPHLURV
 PLFURSURFHVVDGRUHV TXH VmR FLUFXLWRV LQWHJUDGRV TXH FRQVWLWXHP SRU VL Vy XPD
XQLGDGHOyJLFDHDULWPpWLFDHXPDSHTXHQDPHPyULD

• &RPHoD D SURGX]LUVH HP JUDQGH HVFDOD RV PLFURFRPSXWDGRUHV H VXUJHP YiULDV
 OLQJXDJHQV GH SURJUDPDomR VDWLVID]HQGR DV PDLV GLYHUVDV QHFHVVLGDGHV %$6,& SDUD
 DSOLFDo}HV JHUDLV /2*2 SDUD DSOLFDo}HV HGXFDFLRQDLV )257+ SDUD DSOLFDo}HV
JUiILFDVHQWUHRXWUDV
 • *HQHUDOL]DPVH D PXOWLSURJUDPDomR R PXOWLSURFHVVDPHQWR H R
 WHOHSURFHVVDPHQWR
 • ²3ULPHLURFRPSXWDGRUSHVVRDOR,%03&
• ,QtFLRGDUHYROXomRLQIRUPiWLFD


 *HUDomR«,QWHOLJrQFLDDUWLILFLDO
 • 1HVWD QRYD JHUDomR GH FRPSXWDGRUHV p GDGR XP PDLRU rQIDVH D QRYDV
DUTXLWHFWXUDVHDQRYDVWpFQLFDVGHSURJUDPDomR«



















(VWUXWXUDJHUDOGRFRPSXWDGRU


7UDWDPHQWRGD,QIRUPDomR
3RU WUDWDPHQWR GD LQIRUPDomR HQWHQGHVH WRGR XP FRQMXQWR GH RSHUDo}HV TXH p
QHFHVViULR HIHFWXDU VREUH XP GHWHUPLQDGR FRQMXQWR GH GDGRV GH PRGR D TXH VH
SRVVDPH[WUDLULQIRUPDo}HVFRQVLGHUDGDV~WHLVSDUDXPGHWHUPLQDGRILP





'DGRV

 ,QIRUPDo}HV
UHVXOWDGRV
RX
 




&RPSRQHQWHV


 +DUGZDUH ² (TXLSDPHQWR RX
HVWUXWXUDItVLFDGRFRPSXWDGRU
 
 6RIWZDUH ² 6XSRUWH OyJLFR RX
&RPSRQHQWHV IXQGDPHQWDLV GH XP FRQMXQWR GH SURJUDPDV H RXWURV

SURFHGLPHQWRV RSHUDFLRQDLV TXH
VLVWHPDH
 SURFHVVDPHQWR DXWRPiWLFRGH SRVVLELOLWDPDXWLOL]DomRGRFRPSXWDGRU
LQIRUPDomR
 
8QLGDGHV SHULIpULFDV ² 8QLGDGHV
 DGLFLRQDLV TXH IRUQHFHP RV GDGRV D
 WUDWDUHGHYROYHPDVLQIRUPDo}HV







3HULIpULFRV
3DUDTXHRXWLOL]DGRUSRVVDWUDQVPLWLULQIRUPDo}HVDR&RPSXWDGRUHSRVWHULRUPHQWH
UHFHEHU UHVXOWDGRV SUHFLVD GDV GHQRPLQDGDV ´8QLGDGHV 3HULIpULFDVµ TXH URGHLDP D
8QLGDGH&HQWUDO8&HVHPDVTXDLVHVWDVHULDFRPSOHWDPHQWHLQ~WLO

3RGHVH GLYLGLU RV SHULIpULFRV HP WUrV JUXSRV FRQIRUPH R IOX[R GH LQIRUPDomR HQWUH
HVWHHD8&


 'HHQWUDGD,QSXW
6mRUHVSRQViYHLVSRUIRUQHFHURVGDGRVD
 VHUHPSURFHVVDGRV3RGHPVHUGH
 FRPXQLFDomRGLUHFWDRXLQGLUHFWDFRPR
XWLOL]DGRU

([7HFODGR5DWR&DQHWDVySWLFDV
 OLJKWSHQ/HLWRUDVySWLFRVVFDQQHUV
 -R\VWLFN«

'HVDtGD2XWSXW

 6mRUHVSRQViYHLVSRUDFHLWDUGHIRUPD
 DGHTXDGDRVGDGRVTXHRFRPSXWDGRUOKHV
 3HULIpULFRV

 HQYLDGHSRLVGHSURFHVVDGRV
([0RQLWRU*UDYDGRUGH
 EDQGDPDJQpWLFD,PSUHVVRUD&ROXQDV



 'DWDVKRZ«


 0LVWRV,QSXW2XWSXW
 3RGHPVHUGHDUPD]HQDPHQWRRXGH
 WUDQVPLVVmRGHLQIRUPDomR
(['LVFRUtJLGRRXGXUR
 'LVFRVIOH[tYHLVRXGLVTXHWHV%DQGDV
 PDJQpWLFDV'LVFRVySWLFRV«








(VWUXWXUDLQWHUQD
2&RPSXWDGRU p FRQVWLWXtGRSRU GLYHUVRV FRPSRQHQWHV WHQGR FDGD XP D VXD IXQomR
HVSHFtILFDTXH VH HQFRQWUDP LQWHUOLJDGRV DWUDYpV GH XPD SODFD GH FLUFXLWRV LPSUHVVRV
GHQRPLQDGDPRWKHUERDUGSODFDPmH

 ,QSXW

0HPyULD5$0
520%LRV
8& 8$/

03

&38

%86
2XWSXW



&38 ² &HQWUDO 3URFHVVLQJ 8QLW ² $ 8QLGDGH GH SURFHVVDPHQWR FHQWUDO RX
PLFURSURFHVVDGRUpRFRPSRQHQWHUHVSRQViYHOSRUHIHFWXDURVFiOFXORVPDWHPiWLFRV
TXH WUDQVIRUPDP D LQIRUPDomR HQYLDGD SDUD R FRPSXWDGRU 2 SURFHVVDGRU p
FRQVWLWXtGRSRUGLYHUVRVFRPSRQHQWHVLQWHUQRVGRVTXDLVVHGHVWDFDPRVVHJXLQWHV
8& ² 8QLGDGH GH FRQWUROR ² e UHVSRQViYHO SRU HIHFWXDU DV FRPXQLFDo}HV GD
PHPyULD LQWHUQD GR SURFHVVDGRU H RV YiULRV GLVSRVLWLYRV GH HQWUDGDVDtGD GR
FRPSXWDGRU
8$/ ² 8QLGDGH DULWPpWLFD H OyJLFD ² ([HFXWD DV LQVWUXo}HV PDWHPiWLFDV GR
SURFHVVDGRUTXHSRGHPVHUDULWPpWLFDV OyJLFDV(281®2RXGH
FRPSDUDomR! 
03²0HPyULDSULQFLSDO²$UPD]HQDRVGDGRVLQVWUXo}HV

%86²eRFDQDOGHFRPXQLFDo}HVTXHID]DOLJDomRGHWRGRVRVFRPSRQHQWHVGHXP
FRPSXWDGRUVHQGRHOHVLQWHUQRVRXH[WHUQRV

&DFKH²0HPyULDFDFKH²eXPDPHPyULDYROiWLOTXHSHUPLWHRSWLPL]DUDYHORFLGDGH
GDWUDQVIHUrQFLDGHLQIRUPDomRHQWUHRSURFHVVDGRUHDPHPyULD5$0




Digitally
signed by

Pedro Pedro Andrade

DN: cn=Pedro
Andrade, c=PT
Date:

Signature
Not
Verified
Andrade 2005.05.13
01:19:18 Z
5$0 ² 5DQGRP $FFHVV 0HPRU\ ² 0HPyULD YROiWLO TXH DUPD]HQD RV SURJUDPDV TXH
HVWmRDVHUH[HFXWDGRV

520²5HDG2QO\0HPRU\²0HPyULDQmRYROiWLOTXHSHUPLWHDUPD]HQDUGDGRVTXH
QXQFD PDLV SRGHUmR VHU HOLPLQDGRV (VWHV VmR HVFULWRV SHORV IDEULFDQWHV GH PRGR D
SHUPLWLUHPDDUUDQTXHGRHTXLSDPHQWR(VWHFRQMXQWRGHSURJUDPDVpGHQRPLQDGRGH
%,26%DVLF,QSXW2XWSXW6\VWHP

3ODFD *UiILFD ² e UHVSRQViYHO SRU WUDQVIRUPDU D LQIRUPDomR TXH R FRPSXWDGRU
GHYROYHHPIRUPDGHLPDJHQV

3ODFD *UiILFD ' ² 3ODFD JUiILFD TXH SDUD DOpP GH GHVFRGLILFDU DV LPDJHQV TXH R
FRPSXWDGRUIRUQHFHWHPXPWLSRGHPLFURSURFHVVDGRUTXHSHUPLWHHIHFWXDUFiOFXORV
JHRPpWULFRVPXLWRFRPSOH[RVGHPRGRDVLPXODUDVWUrVGLPHQV}HV

3ODFD GH 6RP ² 5HVSRQViYHO SRU GHVFRGLILFDU D LQIRUPDomR HP VRQV FRPR SRU
H[HPSORP~VLFDV

3ODFDGH5HGH²eUHVSRQViYHOSHODFRPXQLFDomRGRFRPSXWDGRUFRPTXDOTXHURXWUR
FRPSXWDGRUGHPRGRDDPERVSRGHUHPWURFDULQIRUPDomRHQWUHVL

02'(0²0RGHODGRU'HVPRGHODGRU²WLSRGHSODFDGHUHGHTXHSHUPLWHDOLJDomRGH
GRLVRXPDLVFRPSXWDGRUHVDWUDYpVGHXPDOLQKDWHOHIyQLFDH[,QWHUQHW

'LVSRVLWLYRV GH DUPD]HQDPHQWR ² 6mR PHPyULDV GR WLSR SHUPDQHQWH RX VHMD DV
LQIRUPDo}HVILFDP DUPD]HQDGDV QHVWHV GLVSRVLWLYRV DWp TXH R XWLOL]DGRU RV HOLPLQH([
'LVTXHWH&''9'RXGLVFRUtJLGR








6LVWHPDVGHQXPHUDomR

2VVLVWHPDVGHQXPHUDomRDTXLHVWXGDGRVWrPFRPRREMHFWLYRVLPSOLILFDUDFRQYHUVmR
HQWUH D OLQJXDJHP XWLOL]DGD SHORV SURFHVVDGRUHV H OLQJXDJHQV GH SURJUDPDomR
%LQiULR+H[DGHFLPDO SDUD XPD OLQJXDJHP PDLV KDELWXDO GHFLPDO &RPR YDPRV
REVHUYDUDRORQJRGHVWHFDStWXORH[LVWHPYiULRVPpWRGRVTXHSRGHPRVXWLOL]DUDVVLPGH
PRGRDFRQVHJXLUPRVFRQYHUWHUTXDOTXHUFyGLJRFRQKHFLGRHPGHFLPDO

'HFLPDO

2 VLVWHPD GHFLPDO p DTXHOH TXH WRGRV FRPHoDPRV D XWLOL]DU GHVGH TXH DSUHQGHPRV D
FRQWDU&RPRpGRFRQKHFLPHQWRGHWRGRVpFRPSRVWRSRUGH]DOJDULVPRVGDtRQRPH
GHFLPDO

2VDOJDULVPRVVmR

$VVLPWHPRVTXHUHSUHVHQWDQHQKXPDXQLGDGHRXPDXQLGDGHRGXDVXQLGDGHVH
DVVLP VXFHVVLYDPHQWH RX VHMD RV VtPERORV VmR D UHSUHVHQWDo}HV DEVWUDFWDV GH XPD
GHWHUPLQDGD TXDQWLGDGH SRGHQGR GHSRLV HVWDV WHU XPD FRUUHVSRQGrQFLD FRP XPD
JUDQGH]DItVLFDTXDOTXHU([PHWUROLWURHWF«

$TXDQWLGDGHGHVtPERORVXWLOL]DGRVGHXPVLVWHPDGHQXPHUDomRGHWHUPLQDDEDVHGR
PHVPR RX VHMD FRPR QR GHFLPDO WHPRV GH] DOJDULVPRV SRGHPRV GL]HU TXH p XP
VLVWHPDGHQXPHUDomRGHEDVH

4XDOTXHUQ~PHURGHFLPDOpUHSUHVHQWDGRDWUDYpVGHVWHVDOJDULVPRVWHQGRHPFRQWDD
VXDSRVLomRQRQ~PHURUHSUHVHQWDGRFRPRSRUH[HPSOR

 






$VVLPSRGHPRVFDOFXODURYDORUGHTXDOTXHUQ~PHURXWLOL]DQGRDVHJXLQWHH[SUHVVmR


1 = DQ  Q + DQ− Q− +  + D   + D + D + D− − +  + D−Q  − Q


([HPSOR

 =  ×  +  ×  +  ×  +  [ +  × − =  ×  +  ×  +  ×  +  ×  +  × 


%LQiULR

2VLVWHPDELQiULRpRVLVWHPDXWLOL]DGRSDUDHIHFWXDUWRGDVDVFRPSOH[DVRSHUDo}HVGH
XPPLFURSURFHVVDGRUEHPFRPRSDUDGHVHQKDUWRGRRWLSRGHFLUFXLWRVGHHOHFWUyQLFD
GLJLWDO2ELQiULR FRQIRUPHR SUySULRQRPH LQGLFD WHP DSHQDV GRLV DOJDULVPRV VHQGR
HOHVRHR&RPRDJUDQGHPDLRULDGRVFLUFXLWRVHOpFWULFRVDSHQDVWrPGRLVHVWDGRV
OLJDGRGHVOLJDGR FRQVHJXLPRV Mi j SDUWLGD YHU SRUTXH p TXH VH XWLOL]D HVWH WLSR GH
FyGLJRSDUDRGHVHQKRGHFLUFXLWRV
1DWDEHODVHJXLQWHSRGHPRVYHULILFDUDUHODomRHQWUHRVDOJDULVPRVELQiULRVHGHFLPDLV
$RVGtJLWRVELQiULRVWDPEpPVHSRGHFKDPDU´ELW·Vµ

'HFLPDO %LQiULR
 
 
 
 
 
 
 
 
 
 
 






$VVLPWHPRVFRPRHTXDomRGHVWDOLQJXDJHPRVHJXLQWH


1 = D Q  Q + D Q −  Q − +  + D    + D  + D  

&RQYHUV}HVGHELQiULRSDUDGHFLPDO

3DUD REWHUPRV D FRQYHUVmR GH TXDOTXHU YDORU ELQiULR SDUD GHFLPDO GHYHPRV XWLOL]DU D
HTXDomR GHVWD OLQJXDJHP GH PRGR D REWHUPRV R YDORU SUHWHQGLGR (QWmR GHYHPRV
HIHFWXDURVVHJXLQWHVSDVVRV

$WULEXLURVtQGLFHVDFDGDXPGRVGtJLWRVUHSUHVHQWDGRV
    
 
(IHFWXDURFiOFXORGRYDORUDWUDYpVGDHTXDomR
1 =  ×  +  ×  +  ×  +  ×  +  ×  +  ×  =  ×  +  +  ×  +  +  ×  +  ×  =  

1RWD4XDOTXHUQ~PHURELQiULRSRGHUiVHUFDOFXODGRSHORPpWRGRDQWHULRU

&RQYHUV}HVGHGHFLPDOSDUDELQiULR

3DUD FRQYHUWHU XP Q~PHUR GHFLPDO SDUD ELQiULR EDVWD GLYLGLU R Q~PHUR SHOD EDVH GR
VLVWHPDSDUDRTXDORTXHUHPRVFRQYHUWHUGHVHJXLGDWRUQDPRVDGLYLGLURUHVXOWDGRGD
GLYLVmRDQWHULRUDWpQmRSRGHUPRVGLYLGLUPDLVQHQKXPDYH]

     
     
     
    
    
    
    

'H VHJXLGD DSHQDV WHPRV TXH OHU RV UHVWRV H R UHVXOWD GD ~OWLPD RSHUDomR GD GLUHLWD
SDUDHVTXHUGD


([HPSOR

     
     
    
   
   
    
    
1 



























$UPD]HQDPHQWRGHLQIRUPDomR


0HGLGDVGHLQIRUPDomR

$VVLP FRPR p QHFHVViULR VDEHU TXDQWLILFDU R OtTXLGR TXH OHYD XPD JDUUDID OLWURV
WDPEpPpQHFHVViULRTXDQWLILFDUDLQIRUPDomRHDFDSDFLGDGHGHFDGDHTXLSDPHQWRSDUD
DUPD]HQDU D PHVPD 7RGD D LQIRUPDomR TXH p WUDQVIHULGDDUPD]HQDGD QR QRVVR
FRPSXWDGRU p IHLWD DWUDYpV GH OLQJXDJHP ELQiULD TXH DQWHULRUPHQWH YLPRV FRPR VH
REWpP $ FDGD YDORU  RX  SRGH VHU GHVLJQDGR SRU %,7 'LJLWR ELQiULR 3RU FDGD
FRQMXQWRGHELW·VREWpPVHXP%\WH$VVLPWHPRV

ELW·V  E\WH 
E\WHV  .E\WH. .LOR
.E\WHV  0E\WH0 0HJD
0E\WHV  *E\WH* *LJD
*E\WHV  7E\WH7 7HUi

&DSDFLGDGHGRVHTXLSDPHQWRV
&DGDHTXLSDPHQWRWHPXPDFHUWDFDSDFLGDGHGHDUPD]HQDPHQWRGHLQIRUPDomRFRPR
SRGHPRVYHUQDWDEHODVHJXLQWH


'LVTXHWHV 0%

PLQ 0%
&'
PLQ 0%


'9' *%RX*%


'LVFR5tJLGR 'H*%DWp*%





Digitally
signed by
Pedro Pedro Andrade
DN: cn=Pedro
Andrade, c=PT

Signature
Not Verified
Andrade Date:
2005.05.13
01:19:44 Z
)LFKHLURVH3DVWDV
$ LQIRUPDomR GHQWUR GH XPD XQLGDGH GH DUPD]HQDPHQWR p DUTXLYDGD HP IRUPDWR GH
ILFKHLURVHSDVWDV&DGDSURJUDPDDUPD]HQDDLQIRUPDomRTXHSURGX]QXPILFKHLURTXH
WHPDVHJXLQWHVFDUDFWHUtVWLFDV
8PILFKHLURpFRQVWLWXtGRSRUGXDVSDUWHVRQRPHHDH[WHQVmR
2QRPHpDWULEXtGRSHORXWLOL]DGRURXSHORSURJUDPDTXHJUDYDRILFKHLUR
$H[WHQVmRLQGLFDTXHWLSRGHILFKHLURpH[GRFXPHQWRIROKDGHFiOFXORHWF
8PILFKHLURpUHSUHVHQWDGRGDVHJXLQWHIRUPDQRPHH[WH[FDUWDGRF
$H[WHQVmRGRVILFKHLURVUHSUHVHQWDHPTXHSURJUDPDpTXHIRLFULDGRRILFKHLURSRU
H[HPSOR


;/6 ([FHO 7;7 1RWHSDG

'2& :RUG 337 3RZHUSRLQW
0%' $FFHVV %03 3DLQW

$V SDVWDV DSHQDV WrP D XWLOLGDGH GH VHSDUDU RV ILFKHLURV GH PRGR D REWHUPRV XPD
PHOKRURUJDQL]DomRGRVPHVPRV

















6RIWZDUH

&RPRMiWtQKDPRVREVHUYDGRDQWHULRUPHQWHRVSURJUDPDVVRIWZDUHVmRDSDUWHOyJLFD
GR FRPSXWDGRU RX VHMD WRGRV RV SURJUDPDV VmR FRQVWLWXtGRV SRU ILFKHLURV H SDVWDV
LQIRUPDomR

2VSURJUDPDVSRGHPVHUFODVVLILFDGRVFRQIRUPHDVXDIXQomR

6LVWHPDV 2SHUDWLYRV ² 2 VLVWHPD RSHUDWLYR p FRQVWLWXtGR SRU XP FRQMXQWR GH
SURJUDPDV TXH SHUPLWHP D XWLOL]DomR GR QRVVR FRPSXWDGRU RX VHMD WHP D IXQomR GH
FRPXQLFDUDRXWLOL]DGRURTXHRFRPSXWDGRUHVWiDSURFHVVDUDVVLPFRPRFRPXQLFDU
DR FRPSXWDGRU DTXLOR TXH R XWLOL]DGRU SUHWHQGH ID]HU )D] DTXLOR D TXH VH FKDPD D
LQWHUIDFHKRPHPPiTXLQD
2V VLVWHPDV RSHUDWLYRV VmR FODVVLILFDGRV VHJXQGR GXDV GDV VXDV FDUDFWHUtVWLFDV $VVLP
SRGHPVHUPRQRWDUHIDPXOWLWDUHIDJUiILFRVRXQmRJUiILFRV

262pXQLWDUHIDVHDSHQDVSRGHPRVH[HFXWDUXPDWDUHIDGHFDGDYH]HPXOWLWDUHIDVH
SXGHUPRVH[HFXWDUYiULDV
262pJUiILFRVHWHPXPDPELHQWHJUiILFRHQmRJUiILFRVHpDSHQDVXPDFRQVRODGH
WH[WR

([HPSORV

8QLWDUHID
06'26
1mR*UiILFR
8QLWDUHID
:LQGRZV
*UiILFR
8QLWDUHID
:LQGRZV
*UiILFR
8QLWDUHID
:LQGRZV;3
*UiILFR






Digitally
signed by

Pedro Pedro Andrade

DN: cn=Pedro
Andrade, c=PT

Andrade
Date:
2005.05.13
Signature
Not Verified 01:20:10 Z
6RIWZDUHDSOLFDFLRQDO²6mRWRGRVRVSURJUDPDVTXHQRVSHUPLWHPHIHFWXDUDOJXPD
WDUHID HVSHFtILFD FRPR SRU H[HPSOR HVFUHYHU XPD FDUWD :RUG FULDU XP GHVHQKR
3DLQWHWF

/LQJXDJHQV GH SURJUDPDomR ² 6mR SURJUDPDV TXH SHUPLWHP FULDU SURJUDPDV RX
VHMDTXDOTXHUDSOLFDomRTXHH[HFXWDPRVWHYHTXHVHUSURJUDPDGDSRUDOJXpPDWUDYpVGH
XPDOLQJXDJHPGHSURJUDPDomR([&9LVXDO%DVLFHWF




























06'26

2 06'26 IRL R SULPHLUR VLVWHPD RSHUDWLYR GD 0LFURVRIW (VWH VLVWHPD RSHUDWLYR
IXQFLRQDYDDWUDYpVGHWH[WRQmRJUiILFRHDSHQDVSHUPLWLDH[HFXWDUXPDDSOLFDomRGH
FDGD YH] XQLWDUHID 2 :LQGRZV ;3 SHUPLWH H[HFXWDU DSOLFDo}HV GH 06'26 DWUDYpV
GDRSomROLQKDGHFRPDQGRVGRPVGRVTXHVHSRGHHQFRQWUDUQRPHQXLQLFLDU
WRGRVRV
SURJUDPDV
DFHVVyULRV


6HVV}HVGH06'26HPMDQHOD
2 06'26 p H[HFXWDGR HP IRUPDWR GH MDQHOD GR :LQGRZV ;3 FRPR SRGHPRV
REVHUYDUGHVHJXLGD



1RWD6HTXLVHUPRVH[HFXWDUHVWDDSOLFDomRHPIRUPDWRGHHFUmLQWHLUREDVWDH[HFXWDU
DFRPELQDomR$OW(QWHUSDUDPXGDUDYLVWDHQWUHMDQHODHHFUmLQWHLUR

$SURPSWGRPVGRVHVWiUHSUHVHQWDGDQDLPDJHPSRU
F?GRFXPHQWVDQG6HWWLQJV?-RDR!
2TXHVLJQLILFDTXHQHVWHPRPHQWRQRVHQFRQWUDPRVQDSDVWD´-RDRµTXHVHHQFRQWUD
GHQWUR GD SDVWD ´GRFXPHQWV DQG 6HWWLQJVµ TXH HVWi DUPD]HQDGD QR GLVFR UtJLGR
UHSUHVHQWDGRSHODOHWUDF





$OJXQVFRPDQGRVGR06'26
7RGDVDVLQVWUXo}HVGHPVGRVVmRGDGDVSHORFRPDQGRVHJXLGRGRVSDUkPHWURVHGH
HQWHU

&RPDQGR )XQomR 6\QWD[
$OWHUDomRGH'ULYH
0XGDSDUDXP
GLVSRVLWLYRHVSHFtILFR $
$%«
$'LVTXHWH 
&'LVFR5tJLGR
'&G5RP
&/6 /LPSDRHFUm &/6
',5
0RVWUDRFRQWH~GRGD ',53FRPSDXVD
',5
SDVWDSUHVHQWH ',5:HPFROXQDV
',56YHUVXESDVWDV
3UHSDUDXPGLVSRVLWLYR
)250$7 GHPHPyULDSDUDD )RUPDW/
SULPHLUDXWLOL]DomR
0RVWUDDDMXGDGHXP ´FRPDQGRµ"
+HOS"
GHWHUPLQDGRFRPDQGR (['LU"
&ULDXPDSDVWDGHQWUR 0'´1RPHGHSDVWDµ
0DNH'LU0'
GDSDVWDFRUUHQWH ([0'&DUWDV
&KDQJH'LU &'&DUWDV
0XGDSDUDXPDSDVWD
&' &'XPDSDVWDDFLPD
5HPRYH'LU 5'´1RPHGH3DVWDµ
(OLPLQDXPDSDVWDYD]LD
5' ([5'&DUWDV
&RSLDXPILFKHLURGH ;FRS\´RULJHPµ´GHVWLQRµ
&RS\;FRS\
XPDSDVWDSDUDRXWUD ([;FRS\F?FDUWDV?FDUWDGRFG?FDUWDVGRF
0RYHXPILFKHLURSDUD 0RYH´RULJHPµ´GHVWLQRµ
0RYH
RXWUDSDVWD ([0RYHF?FDUWDV?FDUWDGRFG?FDUWDVGRF
'HO´QRPHH[Wµ
'HO (OLPLQDXPILFKHLUR
(['HO&DUWDGRF
0XGDRQRPHDXPD 5HQ´1RPHDQWLJRµ´1RPHQRYRµ
5HQ
SDVWDRXILFKHLUR ([5(1&DUWDV'RFXPHQWRV
9rRFRQWH~GRGHXP
7\SH´QRPHH[Wµ
7\SH ILFKHLURGHWH[WRGR
([7\SHDXWRH[HFEDW
'26
)HFKD D MDQHOD GH 06
([LW 'RV H UHJUHVVD DR ([LW
:LQGRZV





Digitally
signed by

Pedro Pedro Andrade

DN: cn=Pedro
Andrade, c=PT
Date:

Signature
Not
Verified
Andrade 2005.05.13
01:20:31 Z
$SUHVHQWDomRHFDUDFWHUtVWLFDVGR:LQGRZV;3

2:LQGRZV;3DSUHVHQWDDOJXPDVLQRYDo}HVIDFHDRVVLVWHPDVRSHUDWLYRVDQWHULRUHV

 $VSHFWRJUiILFREDVWDQWHDSHODWLYR

 0DLRUIDFLOLGDGHGHXWLOL]DomRGHYLGRjH[LVWrQFLDGHDVVLVWHQWHVPDLVLQWXLWLYRV

 0DLRUUDSLGH]QDH[HFXomRGRVSURJUDPDV

 0HOKRUFRPSDWLELOLGDGHFRPSURJUDPDVGHRXWURVVLVWHPDVRSHUDWLYRV0LFURVRIW

 $FWXDOL]Do}HVDXWRPiWLFDVGRVLVWHPDRSHUDWLYRDWUDYpVGD,QWHUQHW

 6HUYLoRVGHPRQLWRUL]DomRHPHGLomRTXHRWRUQDPPDLVILiYHOHPDLVVHJXUR

 8WLOL]DomR PXOWLXWLOL]DGRU QR PHVPR FRPSXWDGRU RX VHMD SRGHPRV PXGDU GH
XWLOL]DGRU VHP IHFKDU D UHVSHFWLYD VHVVmR H VHP WHU TXH WHUPLQDU DV DSOLFDo}HV
DEHUWDV