Project Management for the Oil and Gas Industry

Introduction

Working within the Oil & Gas industry provides a complex project environment that throws up its own particular project management challenges. This detailed and integrated Project Management for the Oil and Gas Industry 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. This training 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 Project Management for the Oil & Gas Industry 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 training 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 GLOMACS Project Management for the Oil & Gas Industry training 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

Modules

This training course is split into the following modules:

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

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

Objectives

This GLOMACS Project Management for the Oil & Gas Industry training 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

By the end of this GLOMACS 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

Training Methodology

Participants to this Project Management for the Oil & Gas Industry training course will receive a thorough training on the subjects covered by the course outline with the instructor utilising a variety of proven adult learning teaching and facilitation techniques. Training course 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 training course includes teamwork around an applicable case study, group discussion and critical analysis of actual projects.

This GLOMACS Project Management for the Oil & Gas Industry training course assumes prior knowledge of the fundamentals of the topics covered in the training 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.

Organisational Impact

In the current challenging economic climate for the Oil and Gas Industry, the need to select appropriately and deliver projects successfully is immense and the ability to make correct decisions is a key skill to allow us to deliver within the given constraints, thus delivering profitable results to our organisation.

Personal Impact

The ability to deliver successful projects in such a complex environment is a core skill for project managers and all involved in delivering or leading packages of work. When carried out properly projects are more predictable, value delivery is enhanced and client satisfaction is increased. Understanding how and when key decisions can be made or particular activities support delivery is immense for anyone working in Oil & Gas projects.