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Delivering Successful Projects within the Oil & Gas Industry

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

Current View: In-Person format Go to Online format

Scheduled Dates

Date: Location: Fee: Enrollment:
20 - 24 Sep 2021 Athens - Greece $5,950
08 - 12 Nov 2021 London - UK $5,950
17 - 21 Jan 2022 London - UK $5,950
25 - 29 Jul 2022 New York - USA $6,950
19 - 23 Sep 2022 Athens - Greece $5,950

*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:

  • Understand the importance of clear requirements for project delivery within the Oil & Gas industry
  • Understand structural and systematic aspects of project planning and execution that can be used
  • Relate to best practice project management philosophies
  • Comprehend how project success is measured with emphasis on time, cost, quality and scope
  • 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:

  • How to establish the key requirements in an Oil & Gas project
  • The route to successful project integration and delivery
  • The importance of leading and managing a successful project team

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

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

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

  • 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

  • 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

  • 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

  • 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

  • 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