Estimating, Planning & Scheduling of Projects for Oil & Gas Production

Course Info

Length: 2 Weeks

City: Kuala Lumpur

Type: In Classroom

Available Dates

  • Mar-11-2024

    Kuala Lumpur

  • Apr-08-2024

    Kuala Lumpur

  • May-13-2024

    Kuala Lumpur

  • June-10-2024

    Kuala Lumpur

  • July-08-2024

    Kuala Lumpur

  • Aug-12-2024

    Kuala Lumpur

  • Sep-09-2024

    Kuala Lumpur

  • Oct-14-2024

    Kuala Lumpur

  • Nov-11-2024

    Kuala Lumpur

  • Dec-09-2024

    Kuala Lumpur

Dates in Other Venues

  • Mar-11-2024

    Istanbul

  • Mar-18-2024

    Paris

  • Mar-18-2024

    Singapore

  • Mar-25-2024

    Barcelona

  • Mar-25-2024

    Dubai

  • Apr-01-2024

    London

  • Apr-01-2024

    Amsterdam

  • Apr-08-2024

    Istanbul

  • Apr-15-2024

    Paris

  • Apr-15-2024

    Singapore

  • Apr-22-2024

    Barcelona

  • Apr-29-2024

    Dubai

  • May-06-2024

    London

  • May-06-2024

    Amsterdam

  • May-13-2024

    Istanbul

  • May-20-2024

    Paris

  • May-20-2024

    Singapore

  • May-27-2024

    Dubai

  • May-27-2024

    Barcelona

  • June-03-2024

    London

  • June-03-2024

    Amsterdam

  • June-10-2024

    Istanbul

  • June-17-2024

    Paris

  • June-17-2024

    Singapore

  • June-24-2024

    Dubai

  • June-24-2024

    Barcelona

  • July-01-2024

    Amsterdam

  • July-01-2024

    London

  • July-08-2024

    Istanbul

  • July-15-2024

    Paris

  • July-15-2024

    Singapore

  • July-22-2024

    Barcelona

  • July-29-2024

    Dubai

  • Aug-05-2024

    Amsterdam

  • Aug-05-2024

    London

  • Aug-12-2024

    Istanbul

  • Aug-19-2024

    Singapore

  • Aug-19-2024

    Paris

  • Aug-26-2024

    Barcelona

  • Aug-26-2024

    Dubai

  • Sep-02-2024

    Amsterdam

  • Sep-02-2024

    London

  • Sep-09-2024

    Istanbul

  • Sep-16-2024

    Singapore

  • Sep-16-2024

    Paris

  • Sep-23-2024

    Barcelona

  • Sep-30-2024

    Dubai

  • Oct-07-2024

    Amsterdam

  • Oct-07-2024

    London

  • Oct-14-2024

    Istanbul

  • Oct-21-2024

    Singapore

  • Oct-21-2024

    Paris

  • Oct-28-2024

    Dubai

  • Oct-28-2024

    Barcelona

  • Nov-04-2024

    London

  • Nov-04-2024

    Amsterdam

  • Nov-11-2024

    Istanbul

  • Nov-18-2024

    Singapore

  • Nov-18-2024

    Paris

  • Nov-25-2024

    Barcelona

  • Nov-25-2024

    Dubai

  • Dec-02-2024

    London

  • Dec-02-2024

    Amsterdam

  • Dec-09-2024

    Istanbul

  • Dec-16-2024

    Paris

  • Dec-16-2024

    Singapore

  • Dec-23-2024

    Barcelona

  • Dec-30-2024

    Dubai

Course Details

Course Outline

10 days course

Concepts of Project Management & Intricacies of Project Approval in Oil & Gas Industry:

 

  • Projects and Programs

  • Project Life Cycles and Stage Gates

  • 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

  • Exploratory decision-analysis.

Project Context for Oil & Gas Projects:

 

  • Appreciation of macro-environment about project choice

  • Understand who stakeholders are and how they may impact upon the project

  • Regulatory framework, institutional factors and infrastructure

  • Project Feasibility Decision-makers

  • Project Preparation & Planning responsibilities

  • Project Financial Modelling and Project Leadership Skills:

  • Structuring project finance deals

  • Financing/ credit risk considerations for the Oil & Gas project

  • The time value of money – how it applies to project finance

  • Yields and rate of return - Discounted Cash Flow (DCF) analysis

  • Build an executive leadership style that guides the project toward greater performance and profit

  • Understand the Project Organisation in a typical Oil & Gas project

  • Project Manager–Unique Requirements

Identify Reasons for Project Failures & Prepare for Successful Delivery and Integration:

 

  • Understand why some projects fail

  • Gain an understanding of successful projects and analyze reasons for success

  • Development of the Project Charter

  • Define success criteria and KPI’s of an example Oil & Gas project

  • Capture Project Requirements

  • Understand the need for a project team approach

  • Importance of communication in an Oil & Gas project

  • Working Collaboratively

Development Project Stakeholder Relationships & Project Communication:

 

  • Identify and plan to engage with the project’s key stakeholders

  • Creating project dashboards

  • Presenting decisions to the project board

  • Recognizing the need for Project Recovery

  • Control Decision-making

Preparing for Project Delivery:

 

  • Understand who the key stakeholders are and how they may impact upon the project

  • Consider implications of unclear needs and expectations

  • Understand 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

  • Utilize relevant techniques for project estimating

 Project Planning - Schedule, Cost & Resources:

 

  • Develop a network diagram

  • Developing the precedence Network Diagram with Total and Free Float calculations

  • Develop a Gantt Chart –the schedule baseline

  • Understand how to estimate project cost baseline

  • Familiarise yourself with different Contract types according to risk distribution

  • Learn the difference between Fixed Price & Cost-Plus Contracts

  • Resource Allocation Algorithms for Resource Prioritisation

  • Planning and Scheduling Limited Resources

  • Options for accelerating the schedule and how to deliver

Manage Risks & Resources:

 

  • Risk Management Process & Model

  • Identifying Potential Risk Events typical in an Oil & Gas project

  • Understand qualitative and quantitative analysis techniques

  • Design appropriate risk response planning strategies

  • Challenges of an Oil & Gas project team

  • Learn about different leadership models

  • Dynamics of Team Development & motivation.

Managing Project Changes while Maintaining Quality:

 

  • Managing change in projects

  • Understanding the best-practice change processes used in projects

  • Tracking the project – using Earned Value Management (EVM)

  • Managing Variable Conditions - managing the tensions

  • Learn about the critical chain and its growing popularity in the Oil & Gas industry

  • The benefits of utilizing a Project Support Office

  • Project Reviews

  • Learn about Project Quality Management

  • Differentiate between Quality Planning, Assurance & Control

  • Understand how quality tools can be used

Staying Focused, Delivering, and Closing your Project:

 

  • Recognizing the operational considerations that need to be met and prepared for

  • Learn about Project Cost and Schedule Recovery Techniques relevant to the Oil & Gas industry

  • The implications of late recovery practices

  • Project Management Reporting

  • Project Handover & closure