The LNG industry is dynamic and versatile, presenting unique challenges when it comes to implementing complex projects. This comprehensive training course provides an in-depth understanding that enhances business direction, ensures project alignment with the overall business vision and strategy, and expands the project management landscape.
The LNG project management training course—supported by real-world market case studies—focuses on best practices for managing various aspects of a project throughout its lifecycle. From conception and design to planning, monitoring, control, closure, and handover to the customer and operations, this course covers it all.
This training course will equip you with the essential tools and techniques to establish accurate project baselines and assess both qualitative and quantitative risks associated with LNG projects. It will also explore the key factors that contribute to successful project delivery while highlighting the risks and causes of failure, based on various analytical findings.
Key highlights of The Energy Training Centre training course include:
- The importance of compliance with technical and commercial proposals and the business value proposition.
- The project management framework in the LNG industry.
- Tools and techniques for seamless project integration and delivery.
- Implementing best practices and benchmarking to optimize risk control in LNG projects.
- The effectiveness of SMART project KPIs for accurate tracking and reporting.
- An introduction to modern project management methodologies.
By the end of this LNG Project Management training course, participants will be able to:
- Recognize the significance of project commercial and technical compliance and how they align with business plans.
- Develop a comprehensive project management plan.
- Apply CPM and PERT techniques to create a project network diagram.
- Assess project performance by comparing earned value to project baselines.
- Demonstrate effective problem-solving by applying industry best practices.
- Gain familiarity with the Agile framework and its principles.
Participants in this training course will receive comprehensive instruction on the topics outlined in the seminar, with the instructor employing a range of effective interactive teaching and facilitation techniques. The training methodology includes an overview of project selection criteria and corporate strategic considerations, as well as proven processes for achieving thorough project integration and monitoring. The training course will incorporate interactive discussions for knowledge sharing, case study analysis, and the demonstration of delegates' advanced skills through the analysis of complex project cases.
This LNG Project Management training course is designed to help organizations achieve the following objectives:
- Reinforce the importance of aligning all employees with shared organizational goals.
- Optimize business efficiency to maximize revenue and profitability.
- Streamline communication between cross-disciplinary stakeholders through common terminology.
- Leverage team collaboration to ensure smooth processes and eliminate waste.
- Improve process flow and maintain competitive operational best practices.
- Expand familiarity with advanced tools and techniques.
This LNG Project Management training course will help participants expand their knowledge base, develop their skill sets, and enhance their competencies by:
- Aligning with a standardized and structured framework for effective project management.
- Becoming familiar with modern tools and techniques in LNG project management.
- Optimizing work efficiency through the implementation of industry best practices.
- Sharing knowledge and experiences in an open, interactive discussion environment.
- Gaining exposure to various use cases and lessons learned.
- Strengthening critical problem-solving skills with a focus on data acquisition and analysis.
This training course targets industry practitioners who already have the fundamental knowledge about the project management and LNG industry. However, the basic fundamentals will be briefed prior to deep diving into advanced concepts and techniques to ensure alignment of all delegates to the training syllabus topics.
This LNG Project Management training course is suitable to a wide range of professionals but will greatly benefit:
- Project and Programme Managers
- Head of PMO & Senior Management
- Bids and Proposal Managers
- Project Lead Engineers
- Business Commercial Managers
Day One: Projects Pursuits, Tenders & Awards
- Prioritization of projects and associated risks
- Opportunity value proposition and strategic business case
- Technical proposal
- Commercial proposal
- Agreement and responsibility matrix
- Project Sanctioning and approval
- Project charter
Day Two: Project Environment, Stakeholders & Risks
- Highlight project objectives and milestones
- Define various project environmental factors
- Benchmarking LNG typical practices
- Study similar LNG projects success and failure factors
- Identify project stakeholders and their influence
- Involve internal project team
- Identify potential risk occurrence relevant to LNG industry
- Qualitative and quantitative analysis techniques
- Internal kick-off meeting
Day Three: Project Planning – Scope, Schedule, Cost & Procurement
- Identify project scope baseline
- Develop Work Breakdown Structure (WBS)
- Prepare a network diagram
- Build a Gantt chart
- Identify the outsourcing requirements
- Define the appropriate contract type
- Vendors selection criteria
- Budget baseline
Day Four: Project Execution, Monitoring & Controlling
- Project revenue phasing
- Project billing and cash flow
- Change management
- Track the project – using EVM
- Quality control
- Project Cost and Schedule Recovery Techniques relevant to the Oil & Gas industry
- Late recovery practices
- Project handover and learned lessons
Day Five: Introduction to Modern Project Management Methodologies
- Modern methodologies implications
- Principles of Agile framework
- Fundamental processes
- Agile aspects and team roles
- Scrum visual board and activities log tracking
- Retrospective and continuous improvement
