PROJECT MANAGEMENT IN OIL & GAS
Location | United Arab Emirates |
Date | 19-Feb-2024 To 23-Feb-2024 |
Duration | 5 Days |
Language | English |
Discipline | Project Management |
Training Certificate
Prolific Consultants FZE Certificate of Course Completion will be issued to all attendees.
Course Introduction
The oil and gas industry have one of the greatest contributions to the economy of a nation, and hence, projects within this industry are not only complex in nature but also high-stake. Given the importance of the industry in recent times, managing the complexity of major capital projects has never received the focus it is receiving currently.
Stakeholder demands are changing from greater return on investment to reduced risks, greater transparency, etc. Schedules and budgets are tight, and safety is very important. Further, with the many stakeholders involved in a single project, inputs and requirements through the project life cycle are diverse, making the process more complicated and convoluted.
Considering the rising concern and awareness around environmental conservation and the nature of the oil and gas industry, there is the critical inspection of project planning and progression in order to ensure no impact to the environment.
Large oil and gas projects constitute a significant percentage of company spend. However, oil and gas are two important and financially attractive sectors. Thus, project management in the oil and gas industry is extremely critical.
This oil and gas project management course will empower you with detailed information and knowledge of managing projects in the oil and gas industry.
Further, with the understanding, experience and confidence gained through this course, you will be able to undertake important roles of high responsibility in your Organisation, thus facilitating growth and progression within your Organisation.
This oil and gas project management training course will also equip you with the skills and confidence to handle such projects in any other Organisation, enhancing your career prospects.
Course Objective
By the end of the course, participants will be able to:
- Complete knowledge and information about managing complex, high-stake oil and gas projects successfully, thus facilitating career growth and progression.
- The required experience and confidence to oversee and successfully maintain the environment conservation standards and guidelines required during the progress of a project.
- Adequate confidence and increased skill to prepare a detailed project plan or charter, taking into consideration timelines, budgets, scope, the environment, etc.
- The necessary exposure and foresight to identify and/or predict possible challenges during project execution and make provisions in the project plan for addressing these.
- The skill and capability to balance between information transparency and security during the project.
- The experience and confidence to maintain healthy relationships with all stakeholders of a project.
- The capability and experience to increase organizational credibility and hence success through successful completion of projects despite constraints and within the set objectives.
- The knowledge to plan finances and other investments during the project life cycle.
- The ability and understanding to systematically define, design and integrate end-user requirements in the project plan.
- The skill to prepare clear and concise project progress reports for various stakeholders.
Suitable For
- Senior members of organizations from the oil and gas industry who should understand the importance of project management and project management training.
- Project managers and executives responsible for planning and executing a project.
- Investors who should check prospects and success of managing large, complex projects before investing in the Organisation.
- Other stakeholders involved in the initiation, execution through closure of a project.
- Project sponsors responsible for making decisions regarding sponsoring a project after checking risk management and probability of successful completion.
- Contract and procurement managers who may undertake management of projects for other organizations.
- Any other professional interested in knowing more about managing oil and gas projects.
Training Methodology
A highly interactive combination of lectures and discussion sessions will be managed to maximize the amount and quality of information and knowledge transfer. The sessions will start by raising the most relevant questions, and motivate everybody find the right answers. You will also be encouraged to raise your own questions and to share in the development of the right answers using your own analysis and experiences. Tests of multiple-choice type will be made available on daily basis to examine the effectiveness of delivering the course.
Course Content
DAY1:
MODULE 1 – COMPONENTS OF A SYSTEMATIC FOR OIL AND GAS PROJECTS
- Appraisal
- Selection and definition
- Planning
- Execution
- Control
MODULE 2 – CONTROLS IN OIL AND GAS PROJECT MANAGEMENT
- Scope
- Time
- Cost
- Quality
- Resources
- Safety
DAY2:
MODULE 3 – ASPECTS OF A SUCCESSFUL PROJECT
- Formal project phases and checkpoints
- Clear accountability
- Checks/balances between central functions and project teams
- Constant review of project value
- Risk monitoring
- Adequate opportunities
DAY3:
MODULE 4 – OIL AND GAS DEVELOPMENT STAGES EMPLOYING PROJECT MANAGEMENT APPROACHES
- Conceptual design
- Front-end engineering design
- Long lead equipment procurement
- Detailed design
- Construction/fabrication
- On-shore commissioning
- Transportation/installation
- Hook-up and commissioning before handover to end-user
MODULE 5 – PROJECT SANCTIONING AND APPROVAL PROCESS
- Idea generation and sharing
- Idea review by immediate supervisor
- Idea pitch to sponsor
- GO/NO decision
- Registration of GO ideas
- Prototype and business case refining
- GO/NO GO decision
- Idea implementation
DAY4:
MODULE 6 – STAKEHOLDER MANAGEMENT PROCESS
- Identify stakeholders
- Identify strengths and weaknesses
- Develop a stakeholder plan
- Stakeholder issues
- Relationship goals
- Communication plan
- Monitor and change plan as required
DAY5:
MODULE 7 – CRITICAL SUCCESS FACTORS IN OIL AND GAS PROJECT MANAGEMENT
- External challenge
- Customer knowledge experience
- Leadership support
- Institutional factors
- Project characteristics
- Manager/Team competence
- Project Organisation
- Contractual aspects
- Risk and requirement management
MODULE 8 – RISKS AFFECTING OIL AND GAS PROJECT MANAGEMENT
- Operations and costs
- Budgeting
- Regular
- Technology
- Construction
Case Studies, Role Plays, Videos, Discussions, Last Day Review & Assessments will be carried out.
Fees
$5,500