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An Intensive 5 Day Training Course

Delivering Successful Projects
within the Oil & Gas Industry

Understand How to Gain Maximum Economic Recovery on the Project Investment

Print this Course

Code Date Venue Fee($)
PM104 22 - 26 Jul 2019 New York - USA 6,950
PM104 11 - 15 Nov 2019 London - UK 5,950

*All fees are exclusive of VAT


Why Choose this Training Course?

Projects within the Oil & Gas sector face many prominent issues and the challenge of delivering projects has become more and more difficult. The challenges are increasingly complex; delivering innovative and technological solutions where schedules are compressed, budgets looking for cost efficiencies, safety is crucial and a network of stakeholders concerned about its impact on the environment and communities.

"There is more to life than increasing its speed."

-- Mahatma Gandhi

This exciting and highly interactive 5-day training course provides participants with the key skills required to plan, execute, control and successfully deliver projects in the most challenging of environments.  In order to assist delegates to achieve this, we make good use of industry best practice project management tools backed-up with practical instruction. This PetroKnowledge training course will also help the delegates to identify and develop solutions that will stand them in good stead in the future and to help improve the effectiveness of their project-delivery.

Key areas covered include:

This training course will highlight:


Training Objectives

What are the Goals?

This training course intends to guide successful project selection and delivery.

Criteria to be observed in generating the objectives:

  • Identify with and manage stakeholders via relevant communication strategies
  • Maintain continuous project performance and delivery control
  • Accurately estimate and allocate project costs and resources
  • Compress or accelerate the schedule when required
  • Develop a project close-out plan in line with expected success criteria

By the end of this training course, participants will learn to:

  • Understand the importance of integrating scope, time, resources and costs into a dynamic, manageable project management plan
  • Systematically define, design, and integrate end-user requirements in the project
  • Identify risk sources and learn how to mitigate potential risks and deal with uncertainty
  • Develop project network diagrams for CPM and PERT to identify schedule and cost risks
  • Develop a project recovery plan for budget and schedule overruns
  • Produce clear, concise project progress reports based on actual measurements and forecasts

Target Audience

Who is this Training Course for?

This PetroKnowledge course is suitable to a wide range of professionals but will greatly benefit:

  • Programme and Project managers
  • Project Support Managers
  • Senior Project Control Professionals with responsibility for managing project schedules and costs
  • Project Lead Engineers who manage packages of work

Training Methods

How will this Training Course be Presented?

Participants will receive a thorough training with the Tutor utilising a variety of proven adult learning teaching and facilitation techniques. Training methodology includes an insight into industry best practice project management delivery tools and processes. This PetroKnowledge course uses an applicable case study, and includes group discussion and critical analysis of actual projects. Prior knowledge of the fundamentals of projects is assumed, but will be covered briefly to ensure general understanding. New concepts and tools are introduced to enable delegates to progress from fundamental to more advanced project concepts.

Daily Agenda

Day One: Preparing for Project Delivery

Competency Description:  In order to deliver projects, we need to ensure that we are appropriately prepared for the all aspects that come as part and parcel of the project.  We will begin by recognising where to focus our time, our resources and commitment to delivering our projects successfully.

Key behaviours

  • Establishing projects requirements
  • Developing stakeholder management plan
  • Developing estimating methods

Topics to be covered

  • 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

Day Two: Project Planning - Schedule, Cost & Resources

Competency Description:  Developing project plans are at the forefront of delivering projects successfully. We use various tools to assist us in this crucial process.

Key behaviours

  • Establishing an understanding of the schedule within which the project is delivered
  • Develop detailed schedule and cost baselines
  • Gain an understanding of project supply chains
  • Learn the importance of resource management
  • Understand how to manage limited resources or accelerate schedules

Topics to be covered

  • 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

Day Three: Manage Risks & Resources

Competency Description:  The risk of project failure is huge one failed project may be enough to wipe out a full year’s profit, so we need to ensure we manage our project aiming for success throughout the project.  We need to manage the project teams and develop them to provide them the skills to deliver.

Key behaviours

  • Establishing how to manage project risks
  • Developing risk response plans to ensure best chance of project success
  • Developing a project team driven towards success
  • Developing project leadership skills to assist in decision-making

Topics to be covered

  • 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

Day Four: Managing Project Changes while Maintaining Quality

Competency Description: Project changes are expected and management of change is crucial.   The Project quality parameters must be set and adhered to satisfy client requirements.

Key behaviours

  • Establishing relevant project changes
  • Capturing monitoring information using earned value management
  • Recognise what type of project support can be delivered by PMO
  • Developing project quality management programme

Topics to be covered

  • 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

Day Five: Staying Focused, Delivering and Closing your Project

Competency Description:  Projects need to be maintained throughout the project life cycle all the way to the final stages and ultimately handover.  Occasionally there is a need for project recovery and we will identify when and how this should be decided upon.

Key behaviours

  • Establishing stakeholders’ needs in relation to operational considerations
  • Developing an understanding of project recovery
  • Preparing for project handover & closeout

Topics to be covered

  • 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

Accreditation

PMI Registered Education Provider

The Registered Education Provider (R.E.P. ID:4349) status with the Project Management Institute (PMI®) enables PetroKnowledge to issue applicable Professional Development Hours/Units (PDHs/PDUs) to participants on this training course, to help you achieve or maintain PMI® professional credentials.

The PMI® Registered Education Provider logo is a registered mark of the Project Management Institute, Inc.

Related Courses

Reference

Project Management Institute, A Guide to the Project Management Body of Knowledge (PMBOK® Guide), Fifth Edition, Project Management Institute, Inc. 2013


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Home » Courses » Project & Construction Management » Delivering Successful Projects within the Oil & Gas Industry
PetroKnowledge Training


Delivering Successful Projects
within the Oil & Gas Industry

Understand How to Gain Maximum Economic Recovery on the Project Investment


Code Date Venue Fees
PM104 22 - 26 Jul 2019 New York - USA $6,950
PM104 11 - 15 Nov 2019 London - UK $5,950



Why Choose this Training Course?

Projects within the Oil & Gas sector face many prominent issues and the challenge of delivering projects has become more and more difficult. The challenges are increasingly complex; delivering innovative and technological solutions where schedules are compressed, budgets looking for cost efficiencies, safety is crucial and a network of stakeholders concerned about its impact on the environment and communities.

"There is more to life than increasing its speed."

-- Mahatma Gandhi

This exciting and highly interactive 5-day training course provides participants with the key skills required to plan, execute, control and successfully deliver projects in the most challenging of environments.  In order to assist delegates to achieve this, we make good use of industry best practice project management tools backed-up with practical instruction. This PetroKnowledge training course will also help the delegates to identify and develop solutions that will stand them in good stead in the future and to help improve the effectiveness of their project-delivery.

Key areas covered include:

This training course will highlight:


Training Objectives

What are the Goals?

This training course intends to guide successful project selection and delivery.

Criteria to be observed in generating the objectives:

By the end of this training course, participants will learn to:

Target Audience

Who is this Training Course for?

This PetroKnowledge course is suitable to a wide range of professionals but will greatly benefit:

Training Methods

How will this Training Course be Presented?

Participants will receive a thorough training with the Tutor utilising a variety of proven adult learning teaching and facilitation techniques. Training methodology includes an insight into industry best practice project management delivery tools and processes. This PetroKnowledge course uses an applicable case study, and includes group discussion and critical analysis of actual projects. Prior knowledge of the fundamentals of projects is assumed, but will be covered briefly to ensure general understanding. New concepts and tools are introduced to enable delegates to progress from fundamental to more advanced project concepts.

Daily Agenda

Day One: Preparing for Project Delivery

Competency Description:  In order to deliver projects, we need to ensure that we are appropriately prepared for the all aspects that come as part and parcel of the project.  We will begin by recognising where to focus our time, our resources and commitment to delivering our projects successfully.

Key behaviours

Topics to be covered

Day Two: Project Planning - Schedule, Cost & Resources

Competency Description:  Developing project plans are at the forefront of delivering projects successfully. We use various tools to assist us in this crucial process.

Key behaviours

Topics to be covered

Day Three: Manage Risks & Resources

Competency Description:  The risk of project failure is huge one failed project may be enough to wipe out a full year’s profit, so we need to ensure we manage our project aiming for success throughout the project.  We need to manage the project teams and develop them to provide them the skills to deliver.

Key behaviours

Topics to be covered

Day Four: Managing Project Changes while Maintaining Quality

Competency Description: Project changes are expected and management of change is crucial.   The Project quality parameters must be set and adhered to satisfy client requirements.

Key behaviours

Topics to be covered

Day Five: Staying Focused, Delivering and Closing your Project

Competency Description:  Projects need to be maintained throughout the project life cycle all the way to the final stages and ultimately handover.  Occasionally there is a need for project recovery and we will identify when and how this should be decided upon.

Key behaviours

Topics to be covered

Accreditation

PMI Registered Education Provider

The Registered Education Provider (R.E.P. ID:4349) status with the Project Management Institute (PMI®) enables PetroKnowledge to issue applicable Professional Development Hours/Units (PDHs/PDUs) to participants on this training course, to help you achieve or maintain PMI® professional credentials.

The PMI® Registered Education Provider logo is a registered mark of the Project Management Institute, Inc.

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© 2018. Material published by Petroknowledge shown here is copyrighted.

All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing (in any medium), transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.


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© 2018. Material published by Petroknowledge shown here is copyrighted.

All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing (in any medium), transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.


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