Project Management for Oil and Gas

Introduction:

The Project Management for Oil and Gas program explores the latest trends and techniques in project delivery, planning, and monitoring. It includes negotiation strategies and advanced technologies relevant to oil and gas project management, featuring examples of successful strategies and common pitfalls.

This comprehensive course is designed to provide personnel with sophisticated skills and knowledge necessary for managing oil and gas projects. It is multidisciplinary, aimed at developing critical project management skills specific to the oil and gas industry.

Objectives:

At the end of this Project Management for Oil and Gas course, participants will be able to:

• Discuss advanced issues in project delivery systems.
• Explain the nature of design in oil and gas projects.
• Apply management techniques for projects with compressed schedules.
• Identify project success factors and characteristics.
• Utilize advanced lead/lag scheduling applications in construction.
• Address unique problems related to schedule updating, cost control, and cash flow.
• Develop negotiation skills to diffuse conflicts and resolve disputes, saving time and money.
• Explain important warranty and contractual issues.
• Recognize challenges in integrating advanced management methods and technologies.
• Demonstrate the latest computer tools for project management.

Training Methodology:

• Interactive presentations
• Team discussions
• Role-playing
• Seminars
• Question and Answer Sessions
• Seminar evaluation and critique

Course Outline:

Unit 1: Project Delivery Systems and Project Finance

• Terms used in project management
• Pros and cons of different dissemination systems
• Success factors to consider
• Topics and issues concerning the Build – Operate – Transfer model
• Cost benefit analysis
• Project finance or scheme finance

Unit 2: Project Finance, Cash Flow, and Advanced Project Estimating

• Specific phases of the project and associated problems
• Quantitative assessment of projects
• Cash flow of the client and contractor
• Defining the project
• Organizing the project into smaller, manageable items
• Software and systems for estimating projects

Unit 3: Advanced Topics in Scheduling and Estimating of Projects

• Preliminary and quantity-based estimates
• Repeatable scheduling
• Scheduling resources for construction work
• Time and money equation
• Scheduling using linear graph
• Computer applications for scheduling construction projects

Unit 4: Project Control and Negotiations in Construction Management

• Control mechanisms for projects
• Changing or updating the project
• Managing finances and performance measurement by value
• Team dynamics and achieving team performance
• Preparing for and conducting negotiations effectively
• Constructing your own BATNA (Best Alternative To a Negotiated Agreement)
• Handling stuck negotiations and dealing with tricks

Unit 5: Advanced Issues in Project Management

• Building information modeling
• Material management
• Lean Construction Management