Project Management for the Oil and Gas Industry This course is Designed, Developed, and will be Delivered under ISO Quality Standards 17-28 Jul 2017 Vienna 06-17 Nov 2017 London The Registered Education Provider (R.E.P.) status with the Project Management Institute (PMI ) enables PetroKnowledge to issue applicable professional development units to achieve and maintain PMI s professional credentials. Participants on this training course are entitled to receive 50 PDHs towards achieving or 50 PDUs towards maintaining PMI s professional credentials. R.E.P. ID 4349 The PMI Registered Education Provider logo is a registered mark of the Project Management Institute, Inc.
Project Management for the Oil and Gas Industry The Structure This comprehensive training course consists of two modules which can be booked as a 10 Day Training event, or as individual, 5 Day courses. Module 1 - Project Decision Making in the Oil and Gas Industry Module 2 - Delivering Successful Projects within the Oil and Gas Industry Why Choose this Training Course? Anyone working within the Oil & Gas industry knows that it is a complex project environment that throws up its own particular challenges. This detailed and integrated Project Management training course will assist anyone in the industry to make better decisions on projects, whether they are responsible for project selection, management, or leading aspects of projects through any point of the project life cycle. This PetroKnowledge training course provides participants with the advanced skills required to execute business strategies effectively, from decision-making models for commercial departments, through to FEED and into planning and delivery. Using industry best practice examples merged into practical instruction, with tried and tested processes and tools, this 10-day course is designed as a roadmap to provide the skills for planning, organising, execution and closing out of a project. 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. Who is this Training Course for? This PetroKnowledge training course is suitable to a wide range of professionals but will greatly benefit: Project Management Professionals Commercial Management Professionals Contracts Management Professionals Financial Management Professionals All other business services professionals who have the responsibility for planning, decision-making and controlling project schedules and costs in client and contracting companies The audience should be positioned to pursue and maintain competitive operational and business efficiency, revenue maximisation and profitability for the organisation. What are the Goals? This 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 At the end of this training course, you 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 How will this Training Course be Presented? Participants to this training course will receive a thorough training on the subjects covered by the course outline with the Tutor utilising a variety of proven adult learning teaching and facilitation techniques. 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. The course includes teamwork around an applicable case study, group discussion and critical analysis of actual projects. The course assumes prior knowledge of the fundamentals of the topics covered in the 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. www.petroknowledge.com
Daily Topics Day One Concepts of Project Management Projects and Programmes Project Life Cycles and Stage Gates Intricacies of Project Approval in the Oil & Gas Industry Project Sanctioning and approval Process. (PSAP) for the Oil & Gas Industry Development of the Strategic Project Business Case Project Identification Awareness of accountability of Project Ideas Exploration Survey Exploration Drilling Day Two Project Context in the Oil & Gas Industry Appreciation of macro-environment in relation to project choice Understand who stakeholders are and how they may impact upon the project Regulatory framework, institutional factors and infrastructure Strategic decision making through the Project Life Cycle Project Feasibility Decision makers Project Preparation & Planning responsibilities Project Execution techniques Delegating as the Project closes Project Leadership Skills Build an executive leadership style that creates trust, sets a clear vision, and guides your entire team toward greater performance and profit Understand the Project Organisation in a typical Oil & Gas project Project Manager Unique Requirements Consider implications of unclear roles and responsibilities to project success Day Three Project Financing and Financial Modelling for Oil & Gas Projects Project finance: Limited and non-recourse project finance Structuring project finance deals Project finance estimation: a dynamic process Financing/ credit risk considerations for the Oil & Gas project Evaluation Mathematics in Project Finance The time value of money how it applies to project finance Yields and rate of return Discounted Cash Flow (DCF) analysis for project finance Day Four Identify Reasons for Project Failures and Successes Understand why some projects fail Gain an understanding of successful projects and analyse reasons for success Starting with the End in Mind Define success criteria and KPI s of an example Oil & Gas project Capture Project Requirements Development of the Project Charter Project Management Integration Understand the need for a project team approach Importance of communication in an Oil & Gas project Project Systems and Processes for procurement, award of contracts, workforce management and reviews Project management issues and their resolution Day Five Project Stakeholder Engagement Identify and plan to engage with the project s key stakeholders Centralised vs. Participatory Monitoring Project Reporting Techniques Optimal Project Review Types and Intervals Control Decision-making Project Evaluation criteria Preparing for Project Decommissioning Decommissioning and rehabilitation considerations Reference Project Management Institute, A Guide to the Project Management Body of Knowledge (PMBOK Guide), Fifth Edition, Project Management Institute, Inc. 2013 QUALITY CERTIFICATION
Membership No.: 125094 Day Six Stakeholder Management Understand who the key stakeholders are and how they may impact upon the project Consider implications of unclear needs and expectations Preparing for Project Delivery Be clear about the project success criteria and how the project will be measured as successful Define the project requirements Develop the scope using product and work breakdown structures Project Estimating Utilise relevant techniques for project estimating Understand the associated activities their relationships and personnel required Learn about the differing levels of accuracy for estimating methods Project Schedule Planning Utilise relevant techniques for project estimating Gantt Chart developing the schedule baseline Day Seven Project Planning: Critical Path and Network Scheduling Developing the precedence Network Diagram Carry out Total and Free Float calculations Develop a Gantt Chart the schedule baseline Developing Project Budget & Schedule Control Project management inputs to cost budgeting Understand how to estimate Cost & Schedule Prepare to manage or control project costs Managing the Project Supply Chain (Crucial in Oil & Gas Projects) Familiarise yourself with different Contract types according to risk distribution Learn the difference between Fixed Price & Cost-Plus Contracts Project Resource Management Typical Challenges for an Oil & Gas Project Resource Allocation Algorithms for Resource Prioritisation Planning and Scheduling Limited Resources Options for accelerating the schedule and how to deliver Day Eight Project Risk and Contingency Analysis Risk Management Process & Model Identifying Potential Risk Events typical in an Oil & Gas project Understand qualitative and quantitative analysis techniques Evaluate Expected Monetary Value Design appropriate risk response planning strategies Selecting and Developing an Oil & Gas Project Team Challenges of an Oil & Gas project team Learn about different leadership models Dynamics of Team Development & motivation Project Monitoring & Controlling a Project in an Unstable Environment Tracking the project ensuring it s still on track Earned Value Management (EVM) - Translating Earned Value Information to reporting Managing Variable Conditions - managing the tensions Learn about the critical chain and its growing popularity in the Oil & Gas industry Day Nine Managing Project Change Managing change in projects Understanding the best-practice change processes used in projects Project Communication & Support Knowledge transfer and its importance in the Oil & Gas industry The benefits of utilising a Project Support Office Understanding legal requirements around delivery in the Oil & Gas Industry Project Reviews Engaging with Oil &Gas Partners and key stakeholders Project Quality Management Learn about Project Quality Management Differentiate between Quality Planning, Assurance & Control Understand how quality tools can be used Recognise the costs of quality and non-quality in projects Day Ten Project Operational Considerations What are the operational considerations that need to be met and prepared for? What are the environment protection measures? Project Cost and Schedule Recovery Project Cost and Schedule Recovery Techniques relevant to the Oil & Gas industry The implications of late recovery practices Staying focused, Delivering and Closing your Project Project Management Reporting Project Handover Project closure Lessons Learned Member of Clear Concepts. Clean Environment. The PMI Registered Education Provider logo is a registered mark of the Project Management Institute, Inc. Project Management for the Oil and Gas Industry
Project Management for the Oil and Gas Industry Please use BLOCK CAPITALS to fill in this form. It is important that you read carefully through all information before starting to complete the form. REGISTRATION DETAILS Family Name First Name (Mr./Ms.) Position Company Mailing Address Telephone Fax AUTHORISATION Mobile Email Authorised by Position Mailing Address Telephone. Fax. Mobile... Email... COURSE SCHEDULE 17-28 Jul 2017 Vienna 06-17 Nov 2017 London REGISTRATION FEES US$ 11,000/ - per participant This fee is inclusive of Documentation, Lunch and Refreshments MODE OF PAYMENT q q q Please invoice my company Please invoice me Cheque payable to PetroKnowledge Limited WAYS TO REGISTER T: +971 2 5577 389 F: +971 2 5577 128 E: info@petroknowledge.com W: www.petroknowledge.com HOTEL ACCOMMODATION Hotel accommodation is not included in the Registration Fee. A reduced corporate rate and a limited number of rooms are available for attendees wishing to stay at the hotel venue. Please make your request for accommodation at least 3 weeks prior to the commencement of the course. CERTIFICATION A Certificate of Completion will only be awarded to those delegates who attend the entire course Training & Development Services for the Oil & Gas Industry PetroKnowledge Limited P. O. Box 135120 Abu Dhabi, U.A.E. CANCELLATIONS & SUBSTITUTIONS You must notify the Registrar of cancellations at least 2 weeks before a scheduled seminar in order to be eligible for a credit. If you cannot attend, you may send a replacement from your organisation at no charge. There is a $250 handling charge for all cancellations or rescheduling. We reserve the right to cancel a seminar due to low enrolment. All registrants will be notified in advance and a full refund will be provided upon request. DISCLAIMER Circumstances beyond the control of PetroKnowledge may necessitate postponement, change of venue or substitution of the Instructor. As such, PetroKnowledge reserves the right to implement such amendments.
Other Related Courses To Boost Your Career: These will allow delegates to see how courses fit together, identify gaps, and customize their training needs to meet present and future job requirements. Training Managers can use the list of related courses for employees to ensure training progression meets the needs of the organization. Course & Seminar List Controlling Project Scope, Time & Cost Aligning Project Management with Organisational Strategy Advanced Managing Project Control Value Engineering Skills In-House Training Maximize your training budget and have several members of your staff, who require specific training, to attend with the advantage of not incurring additional travel costs when attending a public training courses & seminars. Would you like a PetroKnowledge training course delivered at a time or location to suit you? Would you like PetroKnowledge to tailor a course from our comprehensive library of programmes? Or would you like us to create an entirely new, bespoke course to suit the exact needs of your organisation? Working in partnership with our clients, PetroKnowledge provides an enjoyable, creative learning experience that enables participants to develop their skills and knowledge. We can deliver not only generic, off-the-shelf courses from our extensive learning portfolio, but we can provide tailored as well as bespoke learning on any aspect of skill development or knowledge. Our in-house courses are conducted by the same expert trainers who conduct PetroKnowledge public courses so you can be assured they will fulfill the learning objective of any organisation PetroKnowledge Limited P.O. Box 135120, Abu Dhabi United Arab Emirates Telephone: +971 2 557 7389 Email: info@petroknowledge.com Website: www.petroknowledge.com Training & Development Services for the Oil & Gas Industry