Projects take on many shapes and sizes, but few are as large, complex, and demanding as those in the energy sector. As a result, energy projects need to be thoroughly planned, carefully monitored, and accurately evaluated in order to be successfully delivered. No two projects are identical, but all projects share a common ingredient for success and that is, thorough planning.
The key to good project planning in the energy sector is the need to recognise that these types of project are highly dynamic. In other words, they are constantly subject to change and, as such, the techniques used to monitor and evaluate them needs to accurately reflect their true progress and problems. Without this, controlling and delivering energy projects successfully will be a challenge of enormous proportions.
By the end of this Planning, Monitoring & Evaluation of Energy Projects training course, participants will have learned how to:
- Define the fundamental components of a good project plan
- Establish a robust framework for project implementation and control
- Develop project budgets and schedules that can be accurately monitored and evaluated
- Evaluate key performance indicators through earned value management
- Recognise energy project risks and know how to manage them
This training course will incorporate both theory and skill training components, applying hands-on exercises, facilitation of group discussions, practical case studies and real-life examples.
The organisation will benefit by:
- Enhancing performance through optimised project planning, monitoring & evaluation methods
- Improving project key performance indicators and success rates
- Increasing the efficiency of their project planning and execution teams
- Achieving corporate goals through effective risk identification, analysis, and control
- Attracting new clients and improving their reputation with existing clients
- Increasing their project management knowledge base
Participants will develop additional and valuable skills through:
- Learning how to develop a well-constructed project plan
- Improving their schedule development & analysis techniques
- Refining their project monitoring & evaluation skills
- Enhancing their abilities in identifying and controlling project risks
- Knowing how to manage change efficiently & effectively
- Perfecting their integrated team management skills
The Energy Training Centre training course is tailored for all personnel who are exposed to, involved in, or responsible for, the successful planning, execution, control, and delivery of projects in the energy sector.
This Planning, Monitoring & Evaluation of Energy Projects training course is suitable for a wide range of project professionals but will greatly benefit:
- Project Managers
- Project Planners & Estimators
- Quality Assurance Managers
- Contract Managers
- Procurement Managers
- Project Engineers
- Discipline Engineers
- Technical Assistants
DAY ONE: UNDERSTANDING ENERGY PROJECTS
- Energy Project Complexity and Success Factors
- The Energy Project Lifecycle
- Project Strategizing and Strategic Planning
- Managing the Project Triple Constraint
- Energy Project Context & Environment
- Commercial Viability Evaluation
DAY TWO: ENERGY PROJECT PLANNING
- The 20 Project Management Sequence Steps
- Defining Energy Project Scope
- Developing Work & Cost Breakdown Structures
- Project Management Roles & Responsibilities
- Project Planning Inputs, Tools & Techniques
- Project Estimating Techniques
DAY THREE: ENERGY PROJECT SCHEDULING & MONITORING
- Project Scheduling & Network Analysis Techniques
- Critical Path Method vs. PERT
- Resource Allocation
- Resource Levelling
- Compressing Schedules
- Schedule Monitoring Methods
DAY FOUR: PERFORMANCE EVALUATION & PROJECT CONTROL
- Key Performance Indicators
- Earned Value Management
- The Project Control Cycle
- Management of Change
- Document Control
- Project Handover to Operations
DAY FIVE: ENERGY PROJECT RISK MANAGEMENT
- The Six-Step Risk Management Process
- Risk Management Planning
- Risk Identification
- Qualitative & Quantitative Risk Analysis
- Risk Response Planning & Implementation
- Risk Monitoring & Control