Crucial for any computer vision or augmented reality application, the camera calibration is the process in which one gets the intrinsics and the extrinsics parameters of a camera, such as focal length, principal point and distortions values. Nowadays, the most used method to deploy the calibration comprises the use of images of a planar pattern in different perspectives, in order to extract control points to set up a system of linear equations whose solution represents the camera parameters, followed by an optimization based on the 2D reprojection error. In this work, the ring calibration pattern was chosen because it offers higher accuracy on the detection of control points. Upon application of techniques such as fronto-parallel transformation, iterative refinement of the control points and adaptative segmentation of ellipses, our approach has reached improvements in the result of the calibration process. Furthermore, we proposed extend the optimization model by modifying the objective function, regarding not only the 2D reprojection error but also the 2D collinearity error.