The complicated project environment that comes with working in the oil and gas sector presents unique project management difficulties. Regardless of whether they are in charge of project selection, management, or project leadership, this comprehensive and integrated training course will help everyone in the industry make better judgments about projects. In addition to following one current offshore project example from birth to death, the Project Management for the Oil & Gas Industry course offers the chance for practical experience through industry project case studies.
From the decision-making concepts utilized by business development and commercial departments to FEED and planning and delivery, this interactive training course equips learners with the skills necessary to implement projects successfully. Participants in this training course on project management for the oil and gas industry gain the sophisticated abilities needed to successfully implement company plans. A thorough introduction to project sanctioning, detailed planning, organizing, and execution leading to monitoring and control activities, and finally closing out and measuring the benefits delivered will be provided.
The course will be delivered using examples of industry best practices in project management as well as practical instruction on the processes, and organizational structures. The Oxford Training Center is a top training facility that specializes in offering a broad variety of professional courses intended to improve workers’ abilities and knowledge in companies and organizations. Oxford Center offers training solutions that empower your employees and propel your company to new heights, whether they are delivered on-site, online, or through a blended approach.
Objectives and target audience
Objectives
- Recognize the contextual factors that affect project delivery in the oil and gas sector
- Learn about the approval and sanctioning process for projects (PSAP)
- Recognize the methodical and structural elements of project planning and execution that can be used
- Recognize and comprehend the causes of project successes and failures
- Discuss the ideas of best practices in project management and how they aid in project completion
- Understand the metrics used to measure project success, with a focus on time, cost, benefit, and value addition
- Learn about financial modeling and project funding techniques
Target audience
- Recognize how crucial it is to incorporate scope, time, resources, and cost management into a flexible, controllable project management strategy
- Define, create, and incorporate end-user requirements into the project in a methodical manner
- Determine the sources of risk, discover ways to reduce possible dangers, and cope with ambiguity
- Create project network diagrams to identify schedule and expense risks using advanced PERT and CPM calculations
- Create a plan for recovering from project budget and schedule overruns
- Create succinct and understandable project progress reports
- Use earned value methods to track, predict, and manage project performance
How will attendees benefit?
A broad spectrum of professionals can benefit from this training session, however
- Project and program managers
- Senior project support managers with a connection
- Decision-makers in senior management
- Employees in the commercial management project lead the engineers
Course contents
Project management principles and the difficulties of project approval in the oil and gas sector:
- Projects and programs
- Life cycles of projects and stage gates
- Development of the strategic project business case for the oil and gas industry project sanctioning and approval process (PSAP)
- Project identification and accountability awareness for project concepts
- Investigative decision-making
The oil and gas project context
- Understanding the microenvironment in connection with project selection
- Recognize the stakeholders and their potential effects on the project.
- Infrastructure, institutional elements, and the regulatory framework
- Project viability: those who make decisions
- Responsibilities for project planning and preparation
Integration of project management
- Recognize the importance of using a project team strategy.
- Communication is crucial in oil and gas projects.
- Project systems and procedures for hiring, contract awarding, managing employees, and conducting reviews
Engagement of project stakeholders
- Recognize the measurement models and the setting of an oil and gas project.
- Determine the project’s major stakeholders and make plans to interact with them.
- Participatory vs. centralized monitoring
- Ideal periods of project reviews
- Control choices based on input monitoring
- Assessment of the project