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Objectives

• Explain the nature and fundamental of Oil & Gas Projects and Project Management.
• Discuss contemporary and current Project Management tool kits, processes and techniques.
• To probe Risk Management practices in Oil & Gas Projects.
• Explain how to effectively manage stakeholders and communication in a complex Oil & Gas Projects.
• Evaluate Planning approaches and instruments for Oil & Gas Projects.
• To assess the commercial viability of Oil & Gas Projects.
• Develop robust and advanced business case and project plan for Oil and Gas Projects.

The Delegates

• Project managers, engineers, and supervisors in the oil and gas industry.
• Professionals involved in exploration, production, or downstream operations.
• Team leaders seeking to enhance project management skills.
• Technical staff transitioning into project management roles.
• Any professional aspiring to lead projects in the oil and gas sector.

The Contents

• Concepts of Project Management & Intricacies of Project Approval in Oil & Gas Industry :
• Projects and Programmes
• 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 in Relation to 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 Analyse 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
• Recognising 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
• Utilise 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 Utilising 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
• Recognising 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
• Lessons Learned

Course assessment  .

The Discount

Free Seats Are Offered