and Total Cost Management

Transcription

1 Total Cost Management Framework Series Project Development Process and Total Cost Management Achieve a greater project effectiveness and the best project results! 11th Nov th Nov 2013, Kuala Lumpur, Malaysia Petrosync Distinguished Instructor Larry R. Dysert Managing Partner Conquest Consulting Group (CCG) Learn from the Leading Cost Engineering Framework Worldwide! Over 30 years of global experience in project estimating, management, consulting, and training experience. Chair of AACE International Technical Board, Award Winner & Fellow of AACE International Certified Cost Consultant, Certified Estimating Professional Course Objectives Maximize capital project investment performance through effective application of comprehensive PDP (Project Development Process) and principles of TCM (Total Cost Management). Learn a detailed and comprehensive capital PDP. Learn to apply the principles of TCM to achieve the best-in-class project results. Understand the concept of PDP and TCM through various examples, exercises and interactive sessions which provides an effective learning experience. Specially Designed for The course is designed for Cost Engineers, Cost Estimators, Cost Controllers, Project Managers, Project Engineers, Analysts, Finance Managers & Executives. 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. You can follow course progress on your laptop with soft copies provided. Supported by

2 Course Overview This course is designed to illustrate the effective application of a comprehensive Project Development Process (PDP) and the principles of AACE International's Total Cost Management (TCM) Framework to maximize capital project investment performance. The course is designed for those involved in the design and management of large capital projects. It will provide a detailed overview of a comprehensive capital PDP, and establish the principles of TCM that should be applied in an effective fit-for-purpose manner to achieve best-in-class projects results. The course will involve class participation exercises to reinforce understanding of the learning concepts. A combination of lecture, examples, and interactive sessions will be utilized, providing the attendees with an opportunity to engage in discussions and to participate in an effective learning experience. Petrosync Distinguished Instructor Larry R. Dysert Managing Partner Conquest Consulting Group (CCG) Larry has over thirty years of project estimating, management, consulting, and training experience in the chemical, petroleum, oil sands, high technology, manufacturing, and construction industries. He is the Managing Partner of Conquest Consulting Group (CCG), involved in many of CCG's consulting areas, including providing cold-eyes estimate reviews, estimate preparation, estimating organizational development, estimating software implementation, project management and controls, and training. Larry has been responsible for the preparation of conceptual and detailed estimates for capital projects, domestic and international ranging to over $25 Billion in size. He has specialized in estimates of large project size, strategic importance, utilizing new technologies, and those involving the use of parametric estimating methodologies. Larry often provides training in estimating, Total Cost Management, cost metrics analysis, and risk analysis. He is a frequent presenter and author on estimating and project management topics. He is a Certified Cost Consultant, Certified Estimating Professional, AACE Fellow, Honorary Lifetime Member, and an active member of AACE International. Larry is the Chair of AACE's Technical Board, and the recipient of AACE's Total Cost Management Award. He is also a member of the Society for Cost Estimating and Analysis (SCEA). CLIENT LIST INCLUDES: Saudi Aramco Shell Exxon Chevron Petronas PTTEP Eastman Kodak Eastman Chemical Novacor Chemical Pemex Union Oil Jacob Engineering ARCO SOHIO Lagoven (Venezuela) Maroven (Venezuela) Kodak SASOL (South Africa) Petro-Canada DOE (Washington) Nova Chemical Syncrude (Canada) Petrotrin Raytheon Engineering Enbridge Pipelines Weyerhauser Sun Refining Saudi Pecten Petrochemical Pacific Refining Champlin Petroleum Fluor Corporation GS Engineering & Construction Corp PT Inti Karya Persada Technik Flint Energy Servies Bechtel Unifield Engineering IN-HOUSE SOLUTIONS SAVE COST IMPROVE PERFORMANCE REDUCE RISK PetroSync understands that in current economic climate, getting an excellent return on your training investment is critical for all our clients. This excellent training can be conducted exclusively for your organization. The training can be tailored to meet your specific needs at your preferred location and time. We will meet you anywhere around the globe. If you like to know more about this excellent program, please contact us on or general@petrosync.com

3 Course Agenda Day One - 11th November 2013 Day Two - 12th November 2013 Overview Day 1 provides an overview of the characteristics of capital projects, and the criteria of capital project success and failure. It provides an overview of both TCM and PDP principles that if applied effectively, will lead to successful capital projects. Characteristics of Large Capital Projects Criteria of Project Success (and Failure) TCM Process Overview Plan-Do-Check-Assess Cycle Strategic Asset Management Project Control Process Asset and Project Life Cycles, Portfolios and Programs Project Development Process Overview Phased Project and Scope Development Gate Reviews as Decision Points Estimate Classification as an Interface between PDP and TCM Exercise - Adapting the PDP to project types HYBRID TRAINING SOLUTIONS FOCUS TRAINING REDUCE 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 totally to your training needs at a fraction of an in-house budget! If you like to know more about this excellent program, please contact us on or general@petrosync.com Front-End Loading (FEL) Phases 1 and 2 Day 2 is focused on FEL Phase 1 (Business Planning) and FEL Phase 2 (Feasibility Planning). The course will cover both the goals and steps involved in the early FEL phases, as well as the technical and project deliverables that should be completed during each phase and why they are critical to project success. The importance of defined gate reviews to ensure compliance with the project process will be covered. The identification and selection between project alternatives will be discussed. Issues with project team development, organization and leadership will be discussed. PDP Front-End Loading Phases 1 and 2 FEL 1 - Business Planning Business Planning Goals Business Planning Steps TCM Principles Applied in FEL 1 TCM Application during FEL 1 FEL 2 - Feasibility Planning Feasibility Planning Goals Feasibility Planning Steps TCM Principles Applied in FEL 2 TCM Application during FEL 2 Exercise - Evaluating a project deliverables Importance of Disciplined Gate Reviews between Phases Alternative Identification and Selection Value Improving Practices Exercise - Selecting VIPs Project Team Organization and Leadership 21 OCT - 25 OCT 28 OCT - 30 OCT 31 OCT - 01 NOV 11 NOV - 13 NOV 11 NOV - 15 NOV Project and Cost Engineering Training Courses (JUL - DEC 2013) DATE COURSE INSTRUCTOR Advanced Cost Estimating Cost Engineering and Risk Management Earned Value Management Uncertainty and Risk Management in E&P Projects Project Development Process and Total Cost Management L. R. Dysert R. Slingerland R. Slingerland Dr. P. D. Giammalvo L. R. Dysert

4 Day Three - 13th November 2013 Front-End Loading Phase 3 Day 3 begins with an introduction to Project Metrics and Benchmarking; before focusing on FEL Phase 3 (Project Planning), which supports both the project funding decision, and the establishment of project control baselines to control the project through execution, start-up and commissioning. The importance of effective cost and schedule baselines required to support project execution will be covered. Also discussed on Day 3 are the challenges of effective Front-End Loading and Total Cost Management, as well as Contracting Strategies. Introduction to Project Metrics and Benchmarking PDP Front-End Loading Phase 3 FEL 1 - Project Planning Project Planning Goals Project Planning Steps TCM Principles Applied in FEL 3 TCM Application during FEL 3 Importance of Cost and Schedule Baselines to Support Project Execution Utilizing Metrics and Benchmarking to Understand Baseline Plans Exercise - Utilizing benchmarking information Challenges of Effective FEL and TCM Contracting Strategies Exercise - Selecting a contracting strategy Day Five - 15th November 2013 Managing Risk: Organization Competency Day 5 begins examining the identification and management of risk throughout the project lifecycle. Identification of key elements of the PDP and TCM processes to reduce and control risk will be emphasized. Also discussed will be developing an organizational competency to support the effective development and application of PDP and TCM principles critical to achieving effective execution of large capital projects and to maximize capital investment performance. Day Four - 14th November 2013 Project Execution and Asset Operation Day 4 will provide coverage for the Project Execution Phase, including Project Start-Up and Commissioning. Additional detail regarding monitoring and control of cost and schedule performance during project execution will be highlighted. Effective measurement of project performance supports project forecasting for final project costs. Issues involved with change management during project execution will be discussed. Also covered will be the application of total cost management during the operations of the capital asset. Project Execution Phase Project Execution Goals Project Execution Steps TCM Principles Applied during Project Execution TCM Application during Project Execution Budgeting and Accounting Performance Measurement Exercise - Performance Measurement Performance Analysis and Forecasting Exercise - Forecasting Managing Change Asset Operations Phase TCM during Asset Operations Control of Risk Throughout the Project Development Process Risk Identification Risk Management Practices Exercise - Risk identification, measurement, mitigation Key Elements of PDP and TCM to Manage Risk Developing Organizational Competency to Support PDP and TCM Identification of Core Competencies Implementing Effective PDP and TCM Processes Organization Models for Large Capital Projects PROGRAM SCHEDULE 08:00-09:00 09:00-11:00 11:00-11:15 11:15-13:00 13:00-14:00 Registration (Day 1) Session I Refreshment & Networking Session I Session II Lunch 14:00-15:30 15:30-15:45 15:45-17:00 Session III Refreshment & Networking Session II Session IV End of Day

5 Course Details Title : Project Development Process and Total Cost Management Date : 11th - 15th of November 2013 Location : Kuala Lumpur, Malaysia INVESTMENT PACKAGES PROGRAMME CONSULTANT Name : Cay Aagen registration@petrosync.com Phone : Fax : Investment Package Deadline FULL MASTERCLASS 11th Nov th Nov 2013 TERMS AND CONDITIONS Standard Price 8th Nov 2013 USD $ 4,995 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 Head of 2nd Delegate Name Head of 3rd Delegate Name Head of DELEGATES DETAILS Attention Invoice to: 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: 11th Oct 2013 USD $ 4,795 8th Nov % discount for groups of 3 registering from the same organization at the same time INVOICE DETAILS AMEX Security Code: Expiry Date: Name printed on card: By Direct Transfer : Please quote invoice number(s) on remittance advice PetroSync LLP Bank details: Account Name: PetroSync LLP Bank Number: 7144 Branch Code: 013 Account No: Name of Correspondent Bank : Standard Chartered Bank, 6 Battery Road, Singapore SWIFT Code of Correspondent Bank: SCBLSGSGXXX All bank charges to be borne by payer. Please ensure that PetroSync LLP 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. 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.