Project planning and performance management in oil and gas sector
Course Code: OG25
Course Objective
- Learn about Project planning and performance monitoring
- Know about some skills and techniques relevant to the oil and gas industry
- The course focuses on integrating knowledge of projects and the skills they require.
- Learn about handling data and documentation that are essential requirements for successful projects and operations.
Target Audience
- Project and operations team members and supervisors involved in planning, implementing, supervising and directing projects
- Upstream professionals, such as: engineers, geo-scientists and planners
- Corporate and asset team members involved in oil and gas assets.
Course Outline
- Project management in an oil and gas industry context
- Overview of project and operations management process and skills
- Project structures: activity stages and decision gates
- Planning: an essential requirement of projects and operations
- Offshore field development
- Videos: Deepwater drilling and offshore field development
- Exercise: estimating under conditions of uncertainty
- Cost estimating and approval / authorisation for expenditure
- Project management frameworks: PMBOK, PRINCE and Six Sigma
- Resource scheduling exercise: developing Gantt charts
- Key attributes of high-performing project managers
- FEED and EPC contracting in the oil and gas industry
- Video: gas liquefaction (LNG) plant construction project
- Quantifying risks and opportunities
- Exercise: evaluating extreme risks and contingencies
- Strategies to reduce risk and enhance opportunities
- Detailed planning, analysis and modelling
- Project networks and critical path analysis
- Exercise: precedence diagram construction and critical path determination
- Flawless startup concept
- Videos: gas processing plant case study
- Parallel engineering and problems that arise
- Probabilistic approach to project cost-time forecasting
- Chemical plant construction: alternating critical paths simulated
- Review of project planning, scheduling and risk-analysis software
- Cost-time control: milestone monitoring, earned value and achievement analysis
- Contracts and procurement: issues and risks
- Exercise: tendering, competitive bidding and bid evaluation
- Resource procurement and the supply chain
- Contracts that share risk: alliance, incentive and gain share contracts
- Performance and problem solving
- Project team organisation, teamwork and motivation
- Large-scale deepwater FPSO project developments and operations
- Leadership, direction and management skills
- Data management, relational databases and documentation
- Project and operations risk registers and risk assessment methodology
- Exercise: Ongoing operating performance monitoring and targets for a producing field
- Delegating and assigning responsibilities effectively
- Quality, health, safety, security and environmental systems
- Managing pipeline and other transportation assets
- Key performance indicators for measuring operating performance
- Problem solving versus decision-making
- Structured and systematic approaches to problem solving
- Innovation and creativity: Confronting a crisis and contingency planning
- Securing project closure and learning from the outcomes
- Delivering project and operational objectives
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