+971 2 557 7389 info@petroknowledge.com
Petroknowledge

An Intensive 2-Week Training Course

Project Management
for the Oil and Gas Industry

Essential Skills for Selecting & Delivering
Challenging Projects in a Complex Environment

Print this Course

Home » Courses » Project & Construction Management » Project Management for the Oil and Gas Industry
Code Date Venue Fee($)
PM101 16 - 27 Jul 2018 Vienna - Austria 11,000
PM101 05 - 16 Nov 2018 London - UK 11,000

*All fees are exclusive of VAT


Why Choose this Training Course?

Working within the Oil & Gas industry provides a complex project environment that throws up its own 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.   The Project Management for the Oil & Gas Industry 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 PetroKnowledge course focuses on industry best practice Project Management examples merged into practical instruction.  Digging deep into tried and tested processes and tools, in order to best support the likelihood of future projects achieving their desired results and benefits delivered by the project.

This 10-day 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, organising and execution delivery, and closing out the project successfully, we really are looking to progress our project management career with confidence.

Key areas covered include:

  • Understand the contextual considerations for project delivery within the Oil & Gas industry
  • Learn about the Project Sanctioning and approval Process (PSAP)
  • Understand structural and systematic aspects of project planning and execution that can be used
  • Identify with and understand reasons for project failures and successes
  • Relate to best practice project management philosophies and how they support project delivery
  • Comprehend how project success is measured with emphasis on: time, cost , benefit, value addition
  • Gain familiarisation with project financing methods & Financial modelling   
  • Perform analytical techniques of project management using best-practice techniques
  • Understand the need for the project manager to be leading and managing project teams

This training course will highlight:

  • The need to undertake Front End Design & Survey in an Oil & Gas environment
  • How to establish the key requirements necessary to support Oil& Gas project approval
  • How Oil & Gas organisations ascertain the strategic fit and relevant options for project delivery
  • The route to successful project integration and delivery
  • The importance of leading and managing a successful project team

The Structure

This comprehensive training course consists of two modules which can be booked as a 10 Day Training event, or as individual, 5 Day courses.

Module 1 - Developing Project Strategy in the Oil & Gas Industry

Module 2 - Delivering Successful Projects within the Oil and Gas Industry


Training Objectives click here

What are the Goals?

This training intends to guide successful project selection and delivery.

Criteria to be observed in generating the objectives:

  • Identify with and manage stakeholders and communication needs in the Oil & Gas industry
  • Maintain continuous project performance and delivery control
  • Accurately estimate and allocate project costs and resources
  • Compress or accelerate the schedule when required by adverse circumstances
  • 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 cost management 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 advanced PERT calculations to identify schedule and cost risks
  • Develop a project recovery plan for budget and schedule overruns
  • Produce clear and concise project progress reports
  • Measure, forecast and control project performance by employing earned value techniques

Target Audience click here

Who is this Training Course for?

The training course assumes prior knowledge of the fundamentals of the topics covered in the course, but they will be covered briefly to ascertain general understanding. New concepts and tools are introduced throughout the course to enable delegates to progress from the fundamental to the more advanced concepts and tools used within project management.

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

  • Programme and 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

The audience should be positioned to pursue and maintain competitive operational and business efficiency, revenue maximisation and profitability for the organisation.

Training Methods click here

How will this Training Course be Presented?

Participants to this training course will receive a thorough training on the subjects covered by the course outline with the Tutor utilising a variety of proven adult learning teaching and facilitation techniques. Training methodology includes an insight into organisational decision methods and short and long-term strategy considerations.  In addition, industry best practice project management performance and delivery tools and processes will be introduced and used as practice examples. This PetroKnowledge course includes teamwork around an applicable case study, group discussion and critical analysis of actual projects.

The training course assumes prior knowledge of the fundamentals of the topics covered in the course, but they will be covered briefly to ascertain general understanding. New concepts and tools are introduced throughout the course to enable delegates to progress from the fundamental to the more advanced concepts and tools used within project management.

Daily Agenda click here

Module I - Developing Project Strategy in the Oil & Gas Industry

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

Competency Description:  The need has never been greater for projects to be approved that will deliver the greatest return on our investment; further, we need to ensure that we are appropriately prepared for the risks that come with those decisions.  We will begin by recognising where to focus our time, our resources and commitment in order to sanction and deliver our projects successfully.

Key behaviours

  • Establishing prioritisation of projects and associated risks
  • Developing strategic business case for project approval
  • Developing a method to assist in catchment of project ideas

Topics to be covered

  • 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

Day Two: Project Context for Oil & Gas Projects

Competency Description:  Understanding the environment that the project sits within is crucial to relevant decision-making.  We use various tools to assist us in this strategic process.

Key behaviours

  • Establishing an understanding of the environment within which the project is delivered
  • Develop influencing skills via influencing model
  • Gain an understanding of project stakeholders and how to manage them and meet their expectations

Topics to be covered

  • 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

Day Three: Project Financial Modelling and Project Leadership Skills

Competency Description:  Project Financing is crucial, so an understanding of how financial decisions are made will be analysed.   The Project Manager and other key decisions makers are vital and we will consider the role of the project leaders and development of leadership skills where appropriate.

Key behaviours

  • Establishing prioritisation of projects and associated risks
  • Developing strategic business case for project approval
  • Developing project leadership skills to assist in decision-making
  • Developing a method to assist in catchment of project ideas

Topics to be covered

  • 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

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

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 commence our project aiming for success throughout the project.

Key behaviours

  • Establishing why projects fail
  • Developing plans to ensure best chance of project success
  • Developing a project team driven towards success

Topics to be covered

  • 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

Day Five: Development Project Stakeholder Relationships & Project Communication

Competency Description:  Project Stakeholders are crucial -  the likelihood of their requesting project changes are extremely high and good decision- makers need to understand the best tools to use to aim to satisfy the needs of stakeholders, or ultimately, maintaining a good relationship.

Key behaviours

  • Establishing stakeholders’ needs via engaging with them
  • Developing positive working relationships
  • Developing a method to report project decisions-made

Topics to be covered

  • 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

Module II - Delivering Successful Projects within the Oil and Gas Industry

Day Six: 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 Seven: 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 Eight: 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 Nine: 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 Ten: 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 click here

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 click here

Reference

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


Register Quick Enquiry Request an In-House Proposal

DMCA.com Protection Status

Home » Courses » Project & Construction Management » Project Management for the Oil and Gas Industry

VAT Announcement: The Government of UAE have introduced Value Added Tax (VAT) on goods and services from 01-January-2018. In compliance with the legislation issued by the UAE Government, we will be applying a 5% VAT on the fees for all our programs and services offered from January 2018 as applicable and stipulated in the FTA circulars.

PetroKnowledge Training


Project Management
for the Oil and Gas Industry

Essential Skills for Selecting & Delivering
Challenging Projects in a Complex Environment


Code Date Venue Fees
PM101 16 - 27 Jul 2018 Vienna - Austria $11,000
PM101 05 - 16 Nov 2018 London - UK $11,000



Why Choose this Training Course?

Working within the Oil & Gas industry provides a complex project environment that throws up its own 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.   The Project Management for the Oil & Gas Industry 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 PetroKnowledge course focuses on industry best practice Project Management examples merged into practical instruction.  Digging deep into tried and tested processes and tools, in order to best support the likelihood of future projects achieving their desired results and benefits delivered by the project.

This 10-day 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, organising and execution delivery, and closing out the project successfully, we really are looking to progress our project management career with confidence.

Key areas covered include:

This training course will highlight:

The Structure

This comprehensive training course consists of two modules which can be booked as a 10 Day Training event, or as individual, 5 Day courses.

Module 1 - Developing Project Strategy in the Oil & Gas Industry

Module 2 - Delivering Successful Projects within the Oil and Gas Industry


Training Objectives

What are the Goals?

This training 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?

The training course assumes prior knowledge of the fundamentals of the topics covered in the course, but they will be covered briefly to ascertain general understanding. New concepts and tools are introduced throughout the course to enable delegates to progress from the fundamental to the more advanced concepts and tools used within project management.

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

The audience should be positioned to pursue and maintain competitive operational and business efficiency, revenue maximisation and profitability for the organisation.

Training Methods

How will this Training Course be Presented?

Participants to this training course will receive a thorough training on the subjects covered by the course outline with the Tutor utilising a variety of proven adult learning teaching and facilitation techniques. Training methodology includes an insight into organisational decision methods and short and long-term strategy considerations.  In addition, industry best practice project management performance and delivery tools and processes will be introduced and used as practice examples. This PetroKnowledge course includes teamwork around an applicable case study, group discussion and critical analysis of actual projects.

The training course assumes prior knowledge of the fundamentals of the topics covered in the course, but they will be covered briefly to ascertain general understanding. New concepts and tools are introduced throughout the course to enable delegates to progress from the fundamental to the more advanced concepts and tools used within project management.

Daily Agenda

Module I - Developing Project Strategy in the Oil & Gas Industry

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

Competency Description:  The need has never been greater for projects to be approved that will deliver the greatest return on our investment; further, we need to ensure that we are appropriately prepared for the risks that come with those decisions.  We will begin by recognising where to focus our time, our resources and commitment in order to sanction and deliver our projects successfully.

Key behaviours

Topics to be covered

Day Two: Project Context for Oil & Gas Projects

Competency Description:  Understanding the environment that the project sits within is crucial to relevant decision-making.  We use various tools to assist us in this strategic process.

Key behaviours

Topics to be covered

Day Three: Project Financial Modelling and Project Leadership Skills

Competency Description:  Project Financing is crucial, so an understanding of how financial decisions are made will be analysed.   The Project Manager and other key decisions makers are vital and we will consider the role of the project leaders and development of leadership skills where appropriate.

Key behaviours

Topics to be covered

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

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 commence our project aiming for success throughout the project.

Key behaviours

Topics to be covered

Day Five: Development Project Stakeholder Relationships & Project Communication

Competency Description:  Project Stakeholders are crucial -  the likelihood of their requesting project changes are extremely high and good decision- makers need to understand the best tools to use to aim to satisfy the needs of stakeholders, or ultimately, maintaining a good relationship.

Key behaviours

Topics to be covered

Module II - Delivering Successful Projects within the Oil and Gas Industry

Day Six: 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 Seven: 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 Eight: 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 Nine: 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 Ten: 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.

Print Page

© 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.


Sending your message. Please wait...

Close

There was a problem sending your message. Please try again.

Please complete all the fields in the form before sending.

Download PDF

© 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.


Sending your message. Please wait...

Download PDF Click here to download PDF file Close

There was a problem sending your message. Please try again.

Please complete all the fields in the form before sending.

Download The Complete PetroKnowledge Training Schedules Here

Quality Assured Training

PetroKnowledge is one of the exclusive group of training providers who have been awarded the prestigious ISO 29990:2010 accreditation.

ISO 29990:2010 ISO 29990:2010 & ISO 9001:2015

Our Training Partners

We are an approved training provider and partner to over 10 global institutions. We believe in training excellence and our partners are a testament to that commitment.

Institute of Leadership & Management
Institute of Marine Engineering, Science and Technology
 Maintenance & Reliability Professionals
Energy Institute
merican Society for Nondestructive Testing
American Welding Society
Project Management Institute
German Association for Water, Wastewater and Waste (DWA).

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