Course Details

Working within the Oil & Gas industry provides a complex project environment that throws up its particular project management challenges. This detailed and integrated training course will assist anyone in the industry to make better decisions on projects, whether they are involved in project selection, management, or leading aspects of projects. This course provides the opportunity for hands-on experience using industry project case studies – and follows one current offshore project example from the cradle to the grave.

This interactive training course provides participants with the skills required to deliver projects effectively, from decision-making concepts used by business development and commercial departments, through to FEED and into planning & delivery.

This course focuses on industry best practice Project Management examples merged into practical instruction. They are digging deep into tried and tested processes and tools, to best support the likelihood of future projects achieving their desired results and benefits delivered by the project.

This course has been designed as a roadmap to ensure that the reasoning behind project selection is understood. When we combine that with the development of skills in detailed planning, organizing, and execution delivery, and closing out the project successfully, we are looking to progress our project management career with confidence

At the end of this course the participants will be able to:

Cover the management techniques for mitigating projects with compressed schedules
Identify project success factors and characteristics
Apply advanced applications of Lead/Lag scheduling in construction
Discuss the unique problems related to schedule updating, cost control, and cash flow
Gain negotiation skills that can diffuse conflicts and resolve disputes thus saving time and money
Explain important warranty and contractual issues
Recognize the challenges of integrating state-of-the-art management methods and technologies for construction projects

Project Managers
Senior-related Project Support Managers
Senior management decision-makers
Commercial Management Personnel
Project Lead Engineers
Project Control and business services professionals who have the responsibility for planning and controlling project schedules and costs in client and contracting companies

Course Outline

10 days course

Day 1

Day 2

Day 3

Day 4

Day 5

Day 6

Day 7

Day 8

Day 9

Day 10

Concepts of Project Management & Intricacies of Project Approval in Oil & Gas Industry:

Projects and Programs
Project Life Cycles and Stage Gates
Project Sanctioning and Approval Process. (PSAP) for the Oil & Gas Industry
Development of the Strategic Project Business Case
Project Identification–Awareness of accountability of Project Ideas
Exploratory decision-analysis.

Project Context for Oil & Gas Projects:

Appreciation of macro-environment about project choice
Understand who stakeholders are and how they may impact upon the project
Regulatory framework, institutional factors and infrastructure
Project Feasibility Decision-makers
Project Preparation & Planning responsibilities
Project Financial Modelling and Project Leadership Skills:
Structuring project finance deals
Financing/ credit risk considerations for the Oil & Gas project
The time value of money – how it applies to project finance
Yields and rate of return - Discounted Cash Flow (DCF) analysis
Build an executive leadership style that guides the project toward greater performance and profit
Understand the Project Organisation in a typical Oil & Gas project
Project Manager–Unique Requirements

Identify Reasons for Project Failures & Prepare for Successful Delivery and Integration:

Understand why some projects fail
Gain an understanding of successful projects and analyze reasons for success
Development of the Project Charter
Define success criteria and KPI’s of an example Oil & Gas project
Capture Project Requirements
Understand the need for a project team approach
Importance of communication in an Oil & Gas project
Working Collaboratively

Development Project Stakeholder Relationships & Project Communication:

Identify and plan to engage with the project’s key stakeholders
Creating project dashboards
Presenting decisions to the project board
Recognizing the need for Project Recovery
Control Decision-making

Preparing for Project Delivery:

Understand who the key stakeholders are and how they may impact upon the project
Consider implications of unclear needs and expectations
Understand the project success criteria and how the project will be measured as successful
Define the project requirements
Develop the scope – using product and work breakdown structures
Utilize relevant techniques for project estimating

Project Planning - Schedule, Cost & Resources:

Develop a network diagram
Developing the precedence Network Diagram with Total and Free Float calculations
Develop a Gantt Chart –the schedule baseline
Understand how to estimate project cost baseline
Familiarise yourself with different Contract types according to risk distribution
Learn the difference between Fixed Price & Cost-Plus Contracts
Resource Allocation Algorithms for Resource Prioritisation
Planning and Scheduling Limited Resources
Options for accelerating the schedule and how to deliver

Manage Risks & Resources:

Risk Management Process & Model
Identifying Potential Risk Events typical in an Oil & Gas project
Understand qualitative and quantitative analysis techniques
Design appropriate risk response planning strategies
Challenges of an Oil & Gas project team
Learn about different leadership models
Dynamics of Team Development & motivation.

Managing Project Changes while Maintaining Quality:

Managing change in projects
Understanding the best-practice change processes used in projects
Tracking the project – using Earned Value Management (EVM)
Managing Variable Conditions - managing the tensions
Learn about the critical chain and its growing popularity in the Oil & Gas industry
The benefits of utilizing a Project Support Office
Project Reviews
Learn about Project Quality Management
Differentiate between Quality Planning, Assurance & Control
Understand how quality tools can be used

Staying Focused, Delivering, and Closing your Project:

Recognizing the operational considerations that need to be met and prepared for
Learn about Project Cost and Schedule Recovery Techniques relevant to the Oil & Gas industry

The implications of late recovery practices
Project Management Reporting
Project Handover & closure

Estimating, Planning & Scheduling of Projects for Oil & Gas Production

Course Info

Course Details

Course Outline

Concepts of Project Management & Intricacies of Project Approval in Oil & Gas Industry:

Project Context for Oil & Gas Projects:

Identify Reasons for Project Failures & Prepare for Successful Delivery and Integration:

Development Project Stakeholder Relationships & Project Communication:

Preparing for Project Delivery:

Project Planning - Schedule, Cost & Resources:

Manage Risks & Resources:

Managing Project Changes while Maintaining Quality:

Staying Focused, Delivering, and Closing your Project:

Estimating, Planning & Scheduling of Projects for Oil & Gas Production

Course Info

Course Details

Course Outline

Concepts of Project Management & Intricacies of Project Approval in Oil & Gas Industry:

Project Context for Oil & Gas Projects:

Identify Reasons for Project Failures & Prepare for Successful Delivery and Integration:

Development Project Stakeholder Relationships & Project Communication:

Preparing for Project Delivery:

Project Planning - Schedule, Cost & Resources:

Manage Risks & Resources:

Managing Project Changes while Maintaining Quality:

Staying Focused, Delivering, and Closing your Project:

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