Introduction
Independent industry studies consistently find that a majority of major oil and gas capital projects experience cost overruns of 20% or more, with schedule delays the norm rather than the exception.Weak EPC contract strategy, fragmented procurement planning and poor interface management between engineering, procurement and construction are recurring root causes of this underperformance.
This Engineering, Procurement & Construction (EPC) Project Management for the Oil & Gas Industry training course gives project, contracts and technical professionals a structured, practical framework for managing EPC projects from contract strategy through to commissioning and handover.Participants will examine how leading operators and EPC contractors plan, control and deliver complex capital projects, covering contract strategy, scheduling and cost control, procurement and supply chain management, construction and HSE management, and commissioning and close-out.
This GLOMACS Engineering, Procurement & Construction (EPC) Project Management for the Oil & Gas Industry training course will highlight:
- EPC and EPCM delivery models and contract strategy selection
- Planning, scheduling and cost control techniques for major capital projects
- Procurement and supply chain management for long-lead and critical equipment
- Construction, quality, HSE and risk management on EPC sites
- Commissioning, handover and contract close-out procedures
Objectives
At the end of this Engineering, Procurement & Construction (EPC) Project Management for the Oil & Gas Industry training course, you will learn to:
- Assess and select the most appropriate EPC delivery and contract model for a given project risk profile
- Develop and apply robust scheduling, cost control and change management techniques
- Evaluate and manage procurement, vendor and subcontractor performance throughout the project lifecycle
- Apply construction, quality, HSE and risk management best practice on EPC sites
- Plan and manage commissioning, handover and contract close-out to protect project value
Training Methodology
This Engineering, Procurement & Construction (EPC) Project Management for the Oil & Gas Industry training course is delivered in an interactive and participative workshop style, combining direct input from the course leader with group discussions, case studies and practical exercises.
Delegates will work through a realistic EPC project case study throughout the week, applying tools and techniques to real project scenarios, supported by video material and opportunities for individual reflection.
Organisational Impact
Enrolling staff on this Engineering, Procurement & Construction (EPC) Project Management for the Oil & Gas Industry training course will help your organisation to:
- Reduce the risk of cost overrun and schedule delay on EPC capital projects
- Strengthen contract strategy and risk allocation across the project portfolio
- Improve procurement planning and vendor and subcontractor performance
- Build stronger construction, quality and HSE management capability
- Sharpen commissioning, handover and close-out discipline
- Develop a common EPC project management language across engineering, procurement, construction and commercial teams
Personal Impact
By attending this training course, participants will be able to:
- Apply structured EPC contract strategy and risk allocation principles
- Build and control realistic project schedules, budgets and change processes
- Engage confidently with procurement, vendor and subcontractor management
- Manage construction, quality, HSE and risk issues with greater authority
- Lead commissioning, handover and close-out activities effectively
- Contribute more effectively to EPC project teams and decision-making
Who should Attend?
This training course is suitable for professionals involved in the planning, execution or oversight of EPC capital projects in the oil and gas industry, and does not require a specific technical or commercial background.
This GLOMACS Engineering, Procurement & Construction (EPC) Project Management for the Oil & Gas Industry training course is suitable to a wide range of professionals but will greatly benefit:
- Project Managers and Project Engineers
- Contracts and Procurement Professionals
- Construction and Site Managers
- Commissioning and Operations Engineers
- Cost, Planning and Project Controls Professionals
Foundations of EPC Project Management & Contract Strategy
- Overview of EPC, EPCM and LSTK delivery models and how they differ from traditional design-bid-build
- Owner, EPC Contractor and subcontractor roles, responsibilities and interfaces
- Selecting the appropriate delivery and contract model against the project risk profile
- Contract structures and risk allocation principles in EPC agreements
- Key contract types used in oil and gas capital projects: lump sum, reimbursable and hybrid
- The EPC project lifecycle from FEED through detailed design, construction and handover
- Project governance structures and stakeholder management
- Setting up the Project Execution Plan as the master control document
Project Planning, Scheduling & Cost Management
- Developing the Work Breakdown Structure for EPC projects
- Scheduling techniques: Critical Path Method, milestone planning and level of detail by project phase
- Integrating engineering, procurement and construction schedules
- Earned Value Management for measuring true project progress
- Cost estimating methods and levels of accuracy across project phases
- Budgeting, cost control and forecasting techniques
- Managing change and variation orders without eroding project value
- Progress measurement, certification and payment mechanisms
Procurement & Supply Chain Management for EPC Projects
- Developing an effective procurement strategy for EPC projects
- Vendor pre-qualification, bid evaluation and contractor/subcontractor selection
- Identifying and managing long-lead and critical equipment items
- Expediting techniques to protect schedule integrity
- Inspection, factory acceptance testing and quality surveillance of vendors
- Logistics, freight forwarding and customs considerations for major equipment
- Subcontract administration and performance management
- Materials management, warehousing and site receipt and storage control
Construction Management, Quality, HSE & Risk
- Construction planning, sequencing and site mobilisation
- Construction management structures and site organisation
- Quality Assurance and Quality Control systems and inspection regimes
- Health, Safety and Environmental management on major projects
- Risk identification, assessment and mitigation planning
- Interface management across engineering disciplines and contractors
- Managing multiple contractors and subcontractors on a shared site
- Monitoring construction productivity and addressing delays
Commissioning, Handover, Claims & Project Close-Out
- Mechanical completion and readiness for commissioning
- Pre-commissioning, commissioning and start-up sequencing
- Performance testing and acceptance criteria
- Handover to operations and documentation requirements
- Managing contract claims, disputes and variations at close-out
- Negotiating and resolving final account and retention issues
- Capturing lessons learned for future project delivery
- Project close-out, demobilisation and final reporting
- Upon successful completion of this training course, a GLOMACS Certificate will be awarded to all delegates.
- Guided Learning Hours – In accordance with ISO 9001:2015–certified quality management standards, one Guided Learning Hour is awarded for every 60 minutes of attendance.
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