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 Oil and Gas Project Management P398 QR Code
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Oil and Gas Project Management



The program will present the latest in project delivery, planning and monitoring approaches and methodologies, negotiation strategies, and innovative technologies for the management of oil and gas projects with specific examples of what works and what does not.

Course Objectives:

At the end of this course the participants will be able to:

  • Discuss advanced issues in project delivery systems
  • Explain the nature of Design in Oil & Gas Projects
  • Cover the management techniques for mitigating projects with compressed schedules
  • Identify project success factors and characteristics
  • Apply advanced applications of Lead/Lag scheduling in construction
  • Discuss the unique problems related to schedule updating, cost control, and cash flow
  • Gain negotiation skills that can diffuse conflicts and resolve disputes thus saving time and money
  • Explain important warranty and contractual issues
  • Recognize the challenges of integrating state-of-the-art management methods and technologies for construction projects
  • Demonstrate the latest computer tools for project management

Targeted Audience:

  • 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

Course Outlines:

Unit 1: Project Delivery Systems & Project Finance:

  • Project Management Terminology
  • Pros and Cons of various Delivery Systems?
  • Success Factors, what to look for?
  • Build - Operate - Transfer (BOT), Functional Specifications, Issues and Concerns
  • Economic Evaluation
  • Project Finance

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

  • Project Phases and issues pertinent to each phase
  • Financial Evaluation Methods
  • Owner and Contractor cash Flow
  • Project Scope Development
  • The Work Breakdown Structure
  • Technologies for computer Project Estimating

Unit 3: Advanced Topics in Scheduling and Estimating of Projects:

  • Conceptual & Parametric Estimating
  • Lead/Lag Scheduling
  • Resource Allocation for construction projects
  • Time-Cost Tradeoff
  • Linear Scheduling Method
  • Technologies for computer Project Scheduling

Unit 4: Project Control & Negotiations in Construction Management:

  • Project Control Systems
  • Project Updating Methods
  • Earned Value Management
  • Team Development and Effective Teamwork
  • Developing effective negotiation strategies and tactics
  • Understanding your BATNA (Best Alternative To a Negotiated Agreement)
  • What to do when negotiations break down and how to respond to tricks

Unit 5: Advanced Issues in Project Management:

  • Building Information Modeling
  • Material Management
  • Lean Project Management

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