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Home » Seminars » Project Management » Delivering Successful Projects within the Oil & Gas Industry

Delivering Successful Projects
within the Oil & Gas Industry

Delivering Successful Projects within the Oil & Gas Industry

Code Date Venue Fees
PM060 24 - 28 Jul 2017 Vienna - Austria $5,500 Register
PM060 13 - 17 Nov 2017 London - United Kingdom $5,500 Register

Project Management Institute (PMI)® has reviewed and approved GLOMACS as a Global Provider of project management training. This is a PMI Approved/Registered seminar and hence attendance to this seminar will enable those credentialed with PMI to receive applicable PDUs upon updating their status with PMI.

Introduction

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 highly interactive 5-day course provides participants with the key skills required to plan, execute, control and successfully deliver projects in the most challenging of environments. We will make good use of industry best practice project management tools backed-up with practical instruction in order to assist achievement of desired results.

Objectives

This course 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

At the end of this course, you 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 PERT 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

Training Methodology

Participants will receive a thorough training with the Tutor utilising a variety of proven adult learning teaching and facilitation techniques. Course methodology includes an insight into industry best practice project management delivery tools and processes. The 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.

Who Should Attend?

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

  • Project Management Professionals
  • Commercial Management Professionals
  • Contracts Management Professionals
  • Financial Management Professionals
  • All other business services professionals who have the responsibility for planning, decision-making 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.


SEMINAR OUTLINE

DAY 1

Stakeholder Management

  • Understand who the key stakeholders are and how they may impact upon the project
  • Consider implications of unclear needs and expectations

Preparing for Project Delivery

  • 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

Project Estimating

  • Utilise relevant techniques for project estimating
  • Understand the associated activities – their relationships and personnel required

Project Schedule Planning

  • Utilise relevant techniques for project scheduling
  • Develop a network diagram
  • Gantt Chart – developing the schedule baseline

DAY 2

Project Planning: Critical Path and Network Scheduling

  • Developing the precedence Network Diagram with Total and Free Float calculations
  • Develop a Gantt Chart –the schedule baseline

Developing Project Budget & Schedule Control

  • Understand how to estimate Cost & Schedule
  • Prepare to manage or control project costs

Managing the Project Supply Chain (Crucial in Oil & Gas Projects)

  • Familiarise yourself with different Contract types according to risk distribution
  • Learn the difference between Fixed Price & Cost-Plus Contracts

Project Resource Management – Typical Challenges for an Oil & Gas Project

  • Resource Allocation Algorithms for Resource Prioritisation
  • Planning and Scheduling Limited Resources
  • Options for accelerating the schedule and how to deliver

DAY 3

Project Risk and Contingency Analysis

  • 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

Selecting and Developing an Oil & Gas Project Team

  • Challenges of an Oil & Gas project team
  • Learn about different leadership models
  • Dynamics of Team Development & motivation

Project Monitoring & Controlling a Project in an Unstable Environment

  • 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

DAY 4

Managing Project Change

  • Managing change in projects
  • Understanding the best-practice change processes used in projects

Project Communication & Support

  • Knowledge transfer and its importance in the Oil & Gas industry
  • The benefits of utilising a Project Support Office
  • Project Reviews
  • Engaging with Oil &Gas Partners and key stakeholders

Project Quality Management

  • Learn about Project Quality Management
  • Differentiate between Quality Planning, Assurance & Control
  • Understand how quality tools can be used

DAY 5

Project Operational Considerations

  • What are the operational considerations that need to be met and prepared for?
  • What are the environment protection measures?

Project Cost and Schedule Recovery

  • Project Cost and Schedule Recovery Techniques relevant to the Oil & Gas industry
  • The implications of late recovery practices

Staying Focused, Delivering and Closing your Project

  • Project Management Reporting
  • Project Handover & closure
  • Lessons Learned

Reference

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

Accreditation

  • Quality Logo
  • Quality Logo

(The PMI Registered Education Provider logo and PMI are registered marks of the Project Management Institute, Inc.)



Delivering Successful Projects
within the Oil & Gas Industry


Upcoming Dates

Code Date Venue Fees
PM060 24 - 28 Jul 2017 Vienna - Austria $5,500
PM060 13 - 17 Nov 2017 London - United Kingdom $5,500

Project Management Institute (PMI)® has reviewed and approved GLOMACS as a Global Provider of project management training. This is a PMI Approved/Registered seminar and hence attendance to this seminar will enable those credentialed with PMI to receive applicable PDUs upon updating their status with PMI.

Introduction

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 highly interactive 5-day course provides participants with the key skills required to plan, execute, control and successfully deliver projects in the most challenging of environments. We will make good use of industry best practice project management tools backed-up with practical instruction in order to assist achievement of desired results.

Objectives

This course 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

At the end of this course, you 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 PERT 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

Training Methodology

Participants will receive a thorough training with the Tutor utilising a variety of proven adult learning teaching and facilitation techniques. Course methodology includes an insight into industry best practice project management delivery tools and processes. The 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.

Who Should Attend?

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

  • Project Management Professionals
  • Commercial Management Professionals
  • Contracts Management Professionals
  • Financial Management Professionals
  • All other business services professionals who have the responsibility for planning, decision-making 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.

SEMINAR OUTLINE

DAY 1

Stakeholder Management

  • Understand who the key stakeholders are and how they may impact upon the project
  • Consider implications of unclear needs and expectations

Preparing for Project Delivery

  • 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

Project Estimating

  • Utilise relevant techniques for project estimating
  • Understand the associated activities – their relationships and personnel required

Project Schedule Planning

  • Utilise relevant techniques for project scheduling
  • Develop a network diagram
  • Gantt Chart – developing the schedule baseline

DAY 2

Project Planning: Critical Path and Network Scheduling

  • Developing the precedence Network Diagram with Total and Free Float calculations
  • Develop a Gantt Chart –the schedule baseline

Developing Project Budget & Schedule Control

  • Understand how to estimate Cost & Schedule
  • Prepare to manage or control project costs

Managing the Project Supply Chain (Crucial in Oil & Gas Projects)

  • Familiarise yourself with different Contract types according to risk distribution
  • Learn the difference between Fixed Price & Cost-Plus Contracts

Project Resource Management – Typical Challenges for an Oil & Gas Project

  • Resource Allocation Algorithms for Resource Prioritisation
  • Planning and Scheduling Limited Resources
  • Options for accelerating the schedule and how to deliver

DAY 3

Project Risk and Contingency Analysis

  • 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

Selecting and Developing an Oil & Gas Project Team

  • Challenges of an Oil & Gas project team
  • Learn about different leadership models
  • Dynamics of Team Development & motivation

Project Monitoring & Controlling a Project in an Unstable Environment

  • 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

DAY 4

Managing Project Change

  • Managing change in projects
  • Understanding the best-practice change processes used in projects

Project Communication & Support

  • Knowledge transfer and its importance in the Oil & Gas industry
  • The benefits of utilising a Project Support Office
  • Project Reviews
  • Engaging with Oil &Gas Partners and key stakeholders

Project Quality Management

  • Learn about Project Quality Management
  • Differentiate between Quality Planning, Assurance & Control
  • Understand how quality tools can be used

DAY 5

Project Operational Considerations

  • What are the operational considerations that need to be met and prepared for?
  • What are the environment protection measures?

Project Cost and Schedule Recovery

  • Project Cost and Schedule Recovery Techniques relevant to the Oil & Gas industry
  • The implications of late recovery practices

Staying Focused, Delivering and Closing your Project

  • Project Management Reporting
  • Project Handover & closure
  • Lessons Learned

Reference

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


Quality Logo

GLOMACS is registered with NASBA as a sponsor of Continuing Professional Education (CPE) on the National Registry of CPE Sponsors. NASBA have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.

 

All Training Seminars delivered by GLOMACS by default are eligible for CPE Credit.

Quality Logo

GLOMACS is proud to be an approved Registered Education Provider (R.E.P.) with PMI. As an R.E.P. GLOMACS is qualified to issue applicable Professional Development Units (PDUs) to participants of any of its PMI registered/approved seminars where one (1) PDU is equivalent to one (1) contact hour of training.

(The PMI Registered Education Provider logo and PMI are registered marks of the Project Management Institute, Inc.)



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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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