

Project Management in Oil & Gas Industry
This course equips participants with essential project management skills tailored to the unique challenges of the oil and gas industry. Learn to plan, execute, and control projects efficiently while ensuring alignment with industry standards and best practices.

Description
The oil and gas industry demands precise project management to navigate complex operations, high-stake investments, and dynamic environments. This course provides comprehensive training in project management principles, emphasizing oil and gas-specific strategies. Participants will explore topics such as project lifecycle, stakeholder management, risk mitigation, budgeting, and quality control. By the end of the program, attendees will have the confidence and knowledge to lead successful projects, optimize resources, and meet organizational goals.
Demo Class
Introduction
Effective project management is critical for the success of oil and gas operations. From exploration to production, projects in this sector require detailed planning, robust risk management, and efficient resource allocation. This course is designed to offer participants a structured approach to managing oil and gas projects while addressing industry-specific challenges.
Objectives
Learn the importance of integrating scope, time, resources and cost management into a dynamic, manageable project management plan
Systematically define, design, and integrate end-user requirements in the project
Identify risk sources and learn how to mitigate potential risks and deal with uncertainty
Develop project network diagrams for CPM and advanced PERT calculations to identify schedule and cost risks
Understand how to develop a project recovery plan for budget and schedule overruns
Learn techniques for producing clear and concise project progress reports
Measure, forecast and control project performance by employing earned value techniques
Training Methodology
Participants to this Project Management for the Oil and Gas Industry training course will receive a thorough training on the subjects covered by the training course outline with the instructor utilising a variety of proven adult learning teaching and facilitation techniques. Training course methodology includes an insight into organisational decision methods and short and long-term strategy considerations. In addition, industry best practice project management performance and delivery tools and processes will be introduced and used as practice examples. This training course includes teamwork around an applicable case study, group discussion and critical analysis of actual projects.
This training course assumes prior knowledge of the fundamentals of the topics covered in this course, but they will be covered briefly to ascertain general understanding. New concepts and tools are introduced throughout the course to enable delegates to progress from the fundamental to the more advanced concepts and tools used within project management.
Organisational Impact
Personal Impact
Who Should Attend?
This course is ideal for:
- Project managers, engineers, and supervisors in the oil and gas industry.
- Professionals involved in exploration, production, or downstream operations.
- Team leaders seeking to enhance project management skills.
- Technical staff transitioning into project management roles.
- Any professional aspiring to lead projects in the oil and gas sector.
DAY -1: INTRODUCTION
Why Project Management?
Advantages of Project Management
What is the nature of oil and gas projects
Project Phases and Life Cycle
Types of concessions
Feasibility study for oil and gas investment
Appraise, select, define
Project Stakeholders
Overview of Project Management Processes, Operations Management
and Skills
Key Attributes of Effective Project Manager and Team Management
Project Types and Structures: Activity Stages and Decision Gates
FEED and EPC Contracting in the O&G Sector
Exercises / Case Study / Practical Examples
DAY -2: PROJECT SCHEDULE PLAN
FEED engineering phase
Project Plan Development
Project Plan Execution
Overall Change Control
Scope Planning & Definition
CPM method
PERT method
Resource Scheduling: Developing Gantt Chart
Scope Change Control
Exercises / Case Study / Practical Examples
DAY -3: PROJECT COST CONTROL
Activity Definition
Activity Sequencing
Determining Ownership
Schedule Development
Time Control
Resource Planning
Cost Estimating
Cost Budgeting & Cost Control
Earned Value Reporting
Cost Estimating and Approval /
Authorizations for Expenditure
DAY -4: PROJECT QUALITY MANAGEMENT
Total quality management
Applied QC/QA in oil and gas projects
Quality Planning, Control & Assurance
Seven Tools Used in Quality Management
Organizational Planning
Staff Acquisition
Team Development
Motivational Techniques
Procurement Planning
Solicitation Planning
Solicitation
Source Selection
Communications Planning
Information Distribution
Progress Reporting
Administrative Closure
DAY -5: CONTRACTS, RISK ASSESSMENT
How to Study risk
Contract Administration
Bidding evaluation worldwide technique
Contract procedure
Weight score system
Advanced method in Commercial evaluation
Data Management, Relational Databases, and Documentation
Project and Operations Risk Registers and Risk Assessment
Methodology
Risk Reduction Strategies and Enhancement Opportunities
Qualitative and quantitative risk technique
Risk Identification
Risk Quantification
Risk Response & Control
Risk management workshop