Petrosync Distinguished Lecturer Larry R. Dysert

Transcription

1 Leading Cost Engineering Framework Worldwide! Successful Project Cost Estimation & Control Improve Your Cost Accuracy with the Ultimate GOLD Standard of Cost Engineering 7th-11th September 2015, Kuala Lumpur, Malaysia Petrosync Distinguished Lecturer Larry R. Dysert CCC CEP Chair of Technical Board AACE International Association for the Advancement of Cost Engineering Testimonials Over 30 years of global experience in cost estimating & controls Chair of AACE International Technical Board, AwardWinner & Fellow of AACE International International Consultant & Trainer for Saudi Aramco, Shell, Exxon, GS Construction, Petronas, Chevron, PTTEP, ConocoPhillips Managing Partner of Conquest Consulting Group, USA Approved Education Provider of AACE International Responsible for cost estimation & controls and projects small & big with the biggest project up to USD $25 billion! A real great course! AKER SOLUTIONS Very practical approach and training examples. Thus, easy to understand and be applied to day to day cost estimation. NEWFIELD This training is very useful and relevant to my daily job and provide two different perspective, owner s and contractor s point of view. PETRONAS Good trainer makes a difference. PETRONAS RESEARCH Petrosync is one persistant and most organized organizer of trainings. PETRONAS CARIGALI Practical insights which you can t find in text book. Topic coverage is comprehensive!. PETRONAS This course provides me detail knowledge to prepare estimation and cost control. SMB OFFSHORE Better understanding in cost managing/tracking for small/medium/large project. SHELL Great course with very experienced instructor. SHELL Supported by

2 Course Overview Designed to provide comprehensive of the fundamentals of estimation & control, this masterclass covers many subtle and advanced estimating & control concepts for specific industry like Oil & gas which are equipment-centric, and this influence is important in the selection of estimating methodologies and techniques used in estimate preparation. This process will be covered from both the contractor and owner s points of view, noting the similarities and differences in the respective approach of each. An emphasis will be placed on examining the conceptual estimating methodologies that can assist in preparing accurate estimates at early design stages of project. The cost control process will be based on the concept of Plan-Do-Check-Assess of total cost management framework. Course Objectives DRIVE a consistent and effective process across the execution of all projects then improve the results of the entire portfolio of projects UNDERSTAND the AACE International best practices framework for Cost Engineering CAPITALIZE on TCM cost engineering practices to increase your cost engineering accuracy GAIN more in-depth knowledge of cost engineering estimation and control terminology UNDERSTAND the different requirements for estimating throughout the project life cycle OBTAIN a comprehensive understanding of estimating methodologies used throughout the project lifecycle, and when to use them UNDERSTAND how progress measurement, performance assesment, realistic forecasting, and effective change management contribute to project success Specially Designed for This course is intended for Cost Estimators Cost Engineers Cost Controllers Quantitative Surveyor Project Director Project Head Project Manager Project Engineer PROGRAM SCHEDULE 08:00 09:00 Registration (Day1) 09:00 11:00 Session I 11:00 11:15 Refreshment & Networking Session I 11:15 13:00 Session II 13:00 14:00 14:00 15:30 Lunch Session III 15:30 15:45 Refreshment & Networking Session II 15:45 17:00 Session IV 17:00 End of Day

3 COURSE AGENDA Day One: Total Cost Management Overview Total Cost Management Process TCM as a Process and Reference Model Strategic Asset Management Process Project Control Process Asset and Project Lifecycles Organization and Leadership for TCM Capital Investment Option Identification and Development Decision Making and Risk Management Project Control Process Scope Development and Execution Strategy Planning and Control Baseline Development Project Performance Measurement and Assessment TCM Knowledge Management Project Planning Establishing and Communicating Goals and Objectives Estimating Introduction Capital Project Process and Estimate Classification Estimate Preparation Workflow Day Two: Cost Estimating Conceptual Estimating Methodologies Analogy Estimating Capacity Factoring Estimating Exercise 1-Capacity Factored Estimate for Process Equipment Exercise 2-Capacity Factored Estimate for Process Unit Structuring the Estimate Overview of Estimating Methodologies Biases in Estimating Detailed Estimating Detailed Estimating Activities Estimate Quantification Equipment Estimating Labor Rates/Labor Productivity Cost/Pricing/Allowances Estimate - Schedule Integration Reliability Limitations/Estimate Accuracy Day Three: Cost Estimating Equipment Factored Estimating Exercise 3 - Equipment Factored Estimate for Process Unit Parametric Estimating Other Conceptual Estimating Methods Estimating Uncertainty Estimate Contingency Risk Analysis Escalation Presenting the Estimate Estimate Quality Management Estimate Review/Validation Exercise 4-Estimate Preparation for Sample Project Estimating Knowledge Management Issues with Estimating Mega-Projects 1

4 COURSE AGENDA Day Four: Cost Control Total Cost Management (TCM) Overview TCM as a Process and Reference Model Strategic Asset Management Process Project Control Process Planning What, Where, How, When, Who, How Much? Project Definition Decomposition Work Breakdown Structure Organization Breakdown Structure Cost Breakdwon Structure Establishing Baselines Cost Baseline Schedule Baseline Budgeting Accounting Budget vs. Project Budget Original Budget vs. Current Budget Conversion of Cost Estimate to Baseline Project Control Budget Exercise 5-Preparation of Project Control Budget Exercise 6- Prepare Quantity Adjusted Control Budget Time-Ohase (Cash Flow) Budgeting Cost Accounting Original Budget Approved Scope Change Budget Shift Current Budget Commitment Expenditure Accrual Incurred Cost Currency Issues Performance Measurement Physical Progress Measurement and Earned Value Physical Progress Measurement Methods Units Completed Weighted Units Completed Start Finish Incremental Milestone Level of Effort Judgement WHY YOU SHOULD ATTEND PETROSYNC S EVENTS To ensure that all objectives of the course matches yours, all PetroSync programs are developed after intensive and extensive research within the industry PetroSync programs focus on your immediate working issues to ensure that you are able to apply and deliver immediate results in real work situations Application and implementation of industry knowledge and experience are the drivers for our course design, not theoretical academic lectures PetroSync training focuses on practical interactive learning tools and techniques including case studies, group discussions, scenarios, simulations, practical exercises and knowledge assessments during the course. Invest a small amount of your time to prepare before attending the course to ensure maximum learning PetroSync follows a rigorous selection process to ensure that all expert trainers have first-hand, up-to-date and practical knowledge and are leaders of their respective industrial discipline

5 COURSE AGENDA Day Five: Cost Control Performance Analysis Variance Analysis Cost Variance Schedule Variance Performance Indices Cost Performance Index Schedule Performance Index Exercise 7-Performance Analysis Determination of Cause for Variance Performance Reporting Forecasting Forecast at Completion (Estimate at Completion) Forecast Calculation Methods Assume Performance to Date Assume Budgeted Performance Calculate Estimate to Complete Hybrid Methods Change Management Change Management Principles Identification of Change Categorization of Change Determining Impact of Change Determining Impact of Cumulative Change Change Management Procedures Change Mangement Monitoring & Reporting Risk Fund Management Contingency Drawdown Reserve Management Exercise 9-Contingency Drawdown Exercise 8-Forecast Determination Petrosync Quality Limited Attendees The course has limited seats to ensure maximum learning and experience for all delegates. Certificate of Attendance You will receive a Certificate of Attendance bearing the signatures of the Trainer upon successful completion of the course. This certificate is proof of your continuing professional development. Interactive Training You will be attending training designed to share both the latest knowledge and practical experience through interactive sessions. This will provide you with a deeper and more long-term understanding of your current issues. High Quality Course Materials Printed course manual will provide you with working materials throughout the course and will be an invaluable source of reference for you and your colleagues afterward. HYBRID TRAINING SOLUTIONS FOCUSED TRAINING REDUCED COST ENHANCED RESULTS Over the years, there has been a growing demand for hybrid training programs. It is an excellent option to maximize your training dollar for your specific training needs. We make it possible to run a training program that is customized to your training needs at a fraction of an in-house budget! If you like to know more about this program, please contact us on or general@petrosync.com

6 Petrosync Distinguished Lecturer Larry R. Dysert CCC CEP Chair of Technical Board AACE International Association for the Advancement of Cost Engineering Over 30 years of project estimating, management, consulting and training experience Provide cost estimate reviews and validation for large and strategic process industry estimates. Certified Cost Professional & Certified Estimating Professional from AACE International Mr. Larry R. Dysert, CCC CEP has over 30 years of professional experience in estimating, management, project consulting and training experience in a wide variety of industries. Larry is the managing partner in Conquest Consulting Group, providing consulting services to process industry owners on recommended best practices for estimating, project controls, and project benchmarking. Larry has been responsible for the preparation of conceptual and detailed estimates for capital porjects, domestic and international, ranging to over $25 billion in size. Active in AACE International, Larry is currently serving as the Chair of AACE s Technical Board. Larry is also a Fellow of AACE International, a recipient of AACE s Total Cost Management Award, a recipient of AACE Award of Merit, and an Honorary Lifetime Member. Larry was the Chair for the task force that developed AACE s Certified Estimating Professional Program. Larry has specialized in estimates of various project size, strategic importance, utilizing new technologies, and those involving in the use of parametric estimating methodologies. Larry has presented training seminars in estimating, cost metrics analysis, risk analysis and Total Cost Management to process industry companies around the world. Major Projects Completed US $20 billion integrated oil sands facility in Canada Estimate review for US$2.5 billion grass-roots in-situ bitumen production facility using steam-assisted gravity drainage technology in Alberta Global investment modeling for an alternative energy company using proprietary gasification technology Cost auditing of engineering services for a US$1 billion chemical manufacturing facility Kodak environmental remediation projects DOE Hanford nuclear waste & facility cleanup David s Selected Client List: Saudi Aramco Shell Exxon Chevron Petronas PTTEP Eastman Kodak Eastman Chemical Novacor Chemical Pemex Union Oil ARCO SOHIO Lagoven (Venezuela) Maroven (Venezuela) SASOL (South Africa) Petro-Canada Kodak DOE (Washington) Nova Chemical Syncrude (Canada) Petrotrin Enbridge Pipelines Weyerhauser Sun Refining Saudi Pecten Petrochemical Pacific Refining Champlin Petroleum Fluor Corporation Petroleum Cost Engineering & Project Management Training Courses (April - December 2015) DATE COURSE TITLE INSTRUCTOR 20th - 24th Apr Cost Engineering, Risk Management & Earned Value Management Richard Slingerland 18th-21st May Cost Engineering Intensive Ko Des Bouvrie 27th - 29th Jul Analysis and Modelling for Cost, Economics & Risk Richard Slingerland 07th - 11th Sep Successful Project Cost Estimation Control Larry Dysert 28th - 01st Sep Cost Engineering Intensive Raymond Hagedoorn For a copy of PetroSync s Training Calendar for 2014, please visit :

7 COURSE DETAILS Title : Successful Project Cost Estimation & Control Date : 7th - 11th September 2015 Location : Kuala Lumpur, Malaysia INVESTMENT PACKAGES PROGRAMME CONSULTANT Name : Cay Aagen registration@petrosync.com Phone : Fax : Investment Package Deadline Course Fee TERMS AND CONDITIONS Standard Price 4th Sept 2015 SGD $ 5,995 Early Bird Offer Group Discount (3 or more Delegates) Group Discount is based on Standard Price * To enjoy the promotion & discount offer, payment must be made before deadline * For 7 or more delegates, please inquire for more attractive package. * Prices include lunches, refreshments and materials. Promotion & discount cannot be combined with other promotional offers. * Important: Please note that registration without payment will incur a SGD 200 administration fee. 1st Delegate Name Direct Line Number: Job Title: Head of Department: 2nd Delegate Name Direct Line Number: Job Title: Head of Department: 3rd Delegate Name Direct Line Number: Job Title: Head of Department: 7th Aug 2015 SGD $ 5,795 4th Sept 2015 DELEGATES DETAILS INVOICE DETAILS Mr Department: Attention Invoice to: Direct Line Number: Fax: Company: Industry : Address: Postcode: Country: Please note: - Indicate if you have already registered by Phone Fax Web - If you have not received an acknowledgement before the training, please call us to confirm your booking. PAYMENT METHODS By Credit Card : Please debit my credit card: Visa MasterCard Card Number: 10% discount for groups of 3 registering from the same organization at the same time Mr Department: Mr Department: AMEX Mrs Ms Dr Others Mrs Ms Dr Others Mrs Ms Dr Others Security Code: Expiry Date: Name printed on card: By Direct Transfer : Please quote invoice number(s) on remittance advice PetroSync Global Pte Ltd Bank details: Account Name: PetroSync Global Pte Ltd Bank Name : DBS Bank Ltd Bank Code : 7171 Bank Swift Code : DBSSSGSGXXX Branch code : 288 Account No : SGD : USD : Bank Address : 12 Marina Boulevard, Level 3. Marina Bay Financial Centre Tower 3. Singapore All bank charges to be borne by payer. Please ensure that PetroSync Pte Ltd receives the full invoiced amount. DISCLAIMER Please note that trainers and topics were confirmed at the time of publishing; however, PetroSync may necessitate substitutions, alterations or cancellations of the trainers or topics. As such, PetroSync reserves the right to change or cancel any part of its published programme due to unforeseen circumstances. Any substitutions or alterations will be updated on our web page as soon as possible. DATA PROTECTION The information you provide will be safeguarded by PetroSync that may be used to keep you informed of relevant products and services. As an international group we may transfer your data on a global basis for the purpose indicated above. If you do not want us to share your information with other reputable companies, please tick this box. CANCELLATION POLICY You may substitute delegates at any time as long as reasonable advance notice is given to PetroSync. For any cancellation received in writing not less than fourteen (14) working days prior to the training course, you will receive credit voucher less a SGD $200 administration fee and any related bank or credit card charges. Delegates who cancel less than fourteen (14) working days of the training course, or who do not attend the course, are liable to pay the full course fee and no refunds will be granted. In the event that PetroSync cancels or postpones an event for any reason and that the delegate is unable or unwilling to attend in on the rescheduled date, you will receive a credit voucher for 100% of the contract fee paid. You may use this credit voucher for another PetroSync to be mutually agreed with PetroSync, which must occur within a year from the date of postponement. PetroSync is not responsible for any loss or damage as a result of the cancellation policy. PetroSync will assume no liability whatsoever in the event this event is cancelled, rescheduled or postponed due to any Act of God, fire, act of government or state, war, civil commotion, insurrection, embargo, industrial action, or any other reason beyond management control. CERTIFICATE OF ATTENDANCE A minimum of 70% attendance is required prior issuance of PetroSync's Certificate. DETAILS Please accept our apologies for mail or that is incorrectly addressed. Please us at registration@petrosync.com and inform us of any incorrect details. We will amend them accordingly. CHARGES & FEE(s) - For Payment by Direct TelegraphicTransfer, client has to bear both local and oversea bank charges. - For credit card payment, there is additional 4% credit card processsing fee. Confirmation I agree to PetroSync s terms & conditions,payment terms and cancellation policy. Authorized Signature : PAYMENT TERMS : Payment is due in full at the time of registration. Full payment is mandatory for event attendance.