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An Interactive 10-Day PMI Registered Training Course

Project Management for the Oil and Gas Industry

Understanding the Key Requirements to Deliver Projects Successfully

Classroom Dates
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18 - 29 Nov 2024
London
$11,900
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02 - 13 Dec 2024
Pretoria
$11,900
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06 - 17 Jan 2025
London
$11,900
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14 - 25 Apr 2025
London
$11,900
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26 May - 06 Jun 2025
Dubai
$11,900
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21 Jul - 01 Aug 2025
London
$11,900
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25 Aug - 05 Sep 2025
Dubai
$11,900
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06 - 17 Oct 2025
Houston
$13,900
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24 Nov - 05 Dec 2025
London
$11,900
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08 - 19 Dec 2025
Pretoria
$11,900
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Online Dates
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18 - 29 Nov 2024
Online
$7,900
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26 May - 06 Jun 2025
Online
$7,900
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Register
24 Nov - 05 Dec 2025
Online
$7,900
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Working within the Oil & Gas industry provides a complex project environment that throws up its own particular project management challenges. This Project Management for the Oil and Gas Industry training course will assist anyone in the industry to make better decisions on projects, whether they are involved in project selection, management, or leading aspects of projects. This training course provides the opportunity for hands-on experience using industry project case studies – and follows one current offshore project example from the cradle to the grave.

This Project Management for the Oil & Gas Industry training course provides participants with the skills required to deliver projects effectively, from decision-making concepts used by business development and commercial departments, through to FEED and into planning & delivery.

This training course focuses on industry best practice Project Management examples merged into practical instruction. Digging deep into tried and tested processes and tools, in order to best support the likelihood of future projects achieving their desired results and benefits delivered by the project.

This training course has been designed as a roadmap to ensure that the reasoning behind project selection is understood. When we combine that with the development of skills in detailed planning, organising and execution delivery, and closing out the project successfully, we really are looking to progress our project management career with confidence.

Key areas covered include:

  • Understand the contextual considerations for project delivery within the Oil & Gas industry
  • Learn about the Project Sanctioning and Approval Process (PSAP)
  • Understand structural and systematic aspects of project planning and execution that can be used
  • Identify with and understand reasons for project failures and successes
  • Relate to best practice project management philosophies and how they support project delivery
  • Comprehend how project success is measured with emphasis on: time, cost , benefit, value addition
  • Gain familiarisation with project financing methods & Financial modelling   
  • Perform analytical techniques of project management using best-practice techniques
  • Understand the need for the project manager to be leading and managing project teams

This Energy Training Centre training course will highlight:

  • The need to undertake Front End Design & Survey in an Oil & Gas environment
  • How to establish the key requirements necessary to support Oil & Gas project approval
  • How Oil & Gas organisations ascertain the strategic fit and relevant options for project delivery
  • The route to successful project integration and delivery
  • The importance of leading and managing a successful project team

This training course is split in two modules:

MODULE I - Developing Project Strategy in the Oil and Gas Industry

MODULE II - Delivering Successful Projects within the Oil & Gas Industry

Each modules is structured and can be taken as a stand-alone training course; however, delegates with will maximise their benefits by taking Module 1 and 2 back-to-back as a 2-week training course.

This Project Management for the Oil & Gas Industry training course intends to guide successful project selection and delivery.

Criteria to be observed in generating the objectives:

  • Identify with and manage stakeholders and communication needs in the Oil & Gas industry
  • Maintain continuous project performance and delivery control
  • Accurately estimate and allocate project costs and resources
  • Compress or accelerate the schedule when required by adverse circumstances
  • Develop a project close-out plan in line with expected success criteria

By the end of this Energy Training Centre training course , participants will learn to:

  • Understand 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
  • Develop a project recovery plan for budget and schedule overruns
  • Produce clear and concise project progress reports
  • Measure, forecast and control project performance by employing earned value techniques

Participants to this Project Management for the Oil & Gas Industry training course will receive a thorough training on the subjects covered by the 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 Project Management for the Oil & Gas Industry training course assumes prior knowledge of the fundamentals of the topics covered in the training 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.

In the current challenging economic climate for the Oil and Gas Industry, the need to select appropriately and deliver projects successfully is immense and the ability to make correct decisions is a key skill to allow us to deliver within the given constraints, thus delivering profitable results to our organisation.

The ability to deliver successful projects in such a complex environment is a core skill for project managers and all involved in delivering or leading packages of work. When carried out properly projects are more predictable, value delivery is enhanced and client satisfaction is increased. Understanding how and when key decisions can be made or particular activities support delivery is immense for anyone working in Oil & Gas projects.

This training course is suitable to a wide range of professionals but will greatly benefit:

  • Programme and Project Managers
  • Project Management Professionals
  • Senior related Project Support Managers
  • Senior Management Decision Makers
  • Commercial Management Personnel
  • Project Lead Engineers
  • Project Control and business services professionals who have the responsibility for planning and controlling project schedules and costs in client and contracting companies

The audience should be positioned to pursue and maintain competitive operational and business efficiency, revenue maximisation and profitability for the organisation.

Module 1: Developing Project Strategy in the Oil and Gas Industry

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

  • Projects and Programmes
  • 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

Day Two: Project Context For Oil & Gas Projects

  • Appreciation of Macro-Environment in Relation to 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

Day Three: 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

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

  • Understand Why Some Projects Fail
  • Gain an Understanding of Successful Projects and Analyse 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

Day Five: 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
  • Recognising Need for Project Recovery
  • Control Decision-making
Module 2: Delivering Successful Projects within the Oil & Gas Industry

Day Six: 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
  • Utilise Relevant Techniques for Project Estimating

Day Seven: 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

Day Eight: 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

Day Nine: 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 Utilising a Project Support Office
  • Project Reviews
  • Learn about Project Quality Management
  • Differentiate between Quality Planning, Assurance & Control
  • Understand How Quality Tools Can be Used

Day Ten: Staying Focused, Delivering and Closing Your Project

  • Recognising 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
  • Lessons Learned

Project Management for the Oil and Gas Industry Training Course FAQ's

WHY ENERGY TRAINING CENTRE?

Industry Leading Expertise
Flexible Learning Options
Trusted & Approved
Best Prices

Our industry leading training courses cover the entire energy ecosystem, from conventional energy, to renewables. Regardless of where you are in the renewable sector, from start-up to NOC – our goal is to provide our clients with future-proof professional training and development to help you lead in navigate the energy transition. We are supporting clients within the conventional energy industry, such as those in oil gas adopt and implement effective strategies and systems to reduce their carbon footprint and emissions. We also deliver training and run bespoke programs for clients who may be making a larger scale transition into the renewable energy market. For those organisations who are growing or are fully established in the renewable energy space we offer professional development training to further their knowledge and skills, and ensure they are up-to-date with industry standards and regulations.

Get all your questions answered here!

If you need more help in answering your questions, feel free to contact us!

Contact us to know more
We offer multiple international training venues, which can be accessed via the following link: https://energytraining.ae/training-locations
 
Our training courses are conducted at partnered hotels located within the specified training areas. Please note that venue assignments may vary based on availability. For the most current information, do not hesitate to contact us at [email protected].

While we do not provide job placement services after the training course, we are confident that our programme equips you with the necessary tools and knowledge to enhance your career prospects and promote career growth. Our training course are designed to empower you with valuable skills and expertise to excel in your chosen field.

We offer two main training formats to cater to different preferences and needs: 

  • Classroom Training Delivery – Our traditional classroom-based training courses provide a face-to-face learning experience with subject matter experts. You’ll benefit form in-person interactions, hands-on exercises, and a structured classroom environment.
  • Online Training Delivery – We also offer convenient live/online training courses that you can access from anywhere with a stable internet connection. These courses provided flexibility and allow you to learn anywhere, making them suitable for busy schedules or remote learning.

The Energy Training Centre Certificate of Completion with corresponding learning hours who has successfully completed the training course.

Yes, we provide assistance by issuing a Letter of Invitation stating that you are confirmed to attend our training.

We value transparency and are happy to provide our instructor’s profiles upon request. If you would like to learn more about our instructor’s’ qualifications, expertise, and experiences, please email us at [email protected].

Yes, we do. We provide tailored training courses designed to meet the specific requirement of larger group of individuals. These customized training courses can be conducted both classroom and online formats, allowing you the flexibility to choose you preferred dates and duration.

Please contact us at [email protected] to discuss your group’s training needs, and we’ll work with you to create a personalized training course that aligns with your objectives.

Yes, here are the following options we can offer to assist you:

  • Corporate Discount – We can extend our corporate discount to participants staying at the same hotel, if we have any. Please enquire about the availability of this discount when you register for the training course.
  • Nearby Hotel Suggestions – If you prefer other accommodations, we can provide a list of nearby hotels to suit your needs and budget.

Feel free to go through hotel booking platforms on the internet to find the most cost-effective for you.

Upon receiving your registration details, either via email at [email protected] or through our online registration form, we will send you the following by email within 24-48 hours of registration.

  • Joining Instructions
  • Invoice/receipt (where appropriate)

 

Classroom
  • Tuition fee for a 5-day training course
  • Provision of a world-class subject matter expert to deliver this training
  • Meeting at a hotel venue corresponding to your chosen session
  • Welcome food and drinks, AM / PM snack, and Lunch
  • Digital course materials (e-Tablet)
  • Course completion certificates
  • Designing and administration of Pre-& Post Course Assessments
  • Preparation of participant’s Performance and Appraisal Report, if required
  • Issuance of Letter of Invitation for delegates needed visa processing, if required
Online
  • Tuition fee for a 5-day online training course
  • Provision of a world-class subject matter expert to deliver this training through live/virtual delivery
  • An electronic copy of the training manual and relevant hand-outs
  • Issuance of The Energy Training Centre e-Certificate of Completion
  • Administration of Pre-& Post Workshop Assessments
  • Link access of online platform acceptable to both parties

Certainly, we do provide corporate rates tailored for organizations seeking to enrol multiple employees in our training programs. To facilitate this, we encourage you to make a formal request via email addressed to [email protected]. We’ll be delighted to discuss and offer a suitable arrangement for your corporate needs.

Yes, special discounts are available upon request if you have more than one registrant for a course. For further information please email us at [email protected]

We offer two convenient payment options:

  • Bank Transfer – You can make payment via bank transfer. Once your registration is confirmed, you will receive an invoice with the banking details for the transfer. We would require you to supply a swift copy for us to confirm receipt of funds.
  • Payment Link – Alternatively, we provide a secure payment link that you can use to complete your payment after your registration has been confirmed.

There are two convenient options to register for a training course:

  • Online Registration Form – Register for your desired training course by completing the online registration form available on our website. Simple click on the registration button or select your preferred dates and provide the requested information.
  • Email Registration – You can email us your intention to register at [email protected]. Our team will guide you through the registration process and provide assistance you may need.

Yes, we do allow registration transfers in the event that you are unable to attend the training course. To initiate a transfer, please send us an official email requesting the change. We’ll guide you through the transfer process and ensure a smooth transition of your registration to another eligible participant.

We understand that time zones may be different between our Senior Consultants and our delegates. Our standard online course timings (11:00 AM to 4:00 PM, GMT+4 – Dubai, UAE) may be adjusted upon confirming the programme. Our team shall communicate between the confirmed registered delegates and suggest a suitable course timing for all.

Our training course sessions are scheduled and posted on our website for your convenience. However, we understand that there may be specific requirement for your group. If you have a preferred venue and specific training dates in mind, please feel free to propose them to us by clicking on the button “Propose you preferred location & date” of your preferred training course.

Our course timings slightly vary between the cities we offer our training courses. Please let us know of your preferred course and session (dates/venue) through email at [email protected]. Alternatively, you may call/WhatsApp us at +971 50 746 0956.

Our standard course duration for our classroom programmes is 6 hours per day while our online session is 5 hours per day.

Our training programmes are designed to be concise yet comprehensive, focusing on professional development. The duration varies based on the specific course content and objectives – we normally offer programmes between 5 – 10 days. However, our emphasis lies in delivering interactive and engaging sessions that prioritize depth of learning within a condensed timeframe. This approach ensures participants acquire substantial knowledge and skills efficiently.

Yes, The Energy Training Centre is certified and recognized by several prominent industry standards. Specifically, it holds certifications from ILM, Continuing Professional Development (CPD), and the Project Management Institute (PMI).

  • ILM (ID# 002398B) – This certification indicates that our training programmes meet high standards for leadership and management development, ensuring that they are designed to enhance participants’ skills in these critical areas.

  • Continuing Professional Development (CPD) – Our recognition by CPD reflects our commitment to providing educational opportunities that support ongoing professional growth and skill enhancement. This accreditation ensures that our training courses are relevant and effective for professionals seeking to advance their careers.

  • Project Management Institute (PMI) – Being recognized by PMI signifies that our training programmes align with industry best practices in project management. This certification assures participants that our offerings are in line with the standards required for effective project management and are valuable for those pursuing or maintaining PMI credentials.

These certifications underscore our dedication to providing high-quality, industry-relevant training that fosters professional growth and meets established standards. Additionally, we are actively pursuing further certifications and affiliations to enhance our offerings and ensure we remain at the forefront of industry best practices.

We have been assessed by TUV Rheinland Middle East FZE and comply with Quality Management System standards – ISO 9001:2015 and ISO 29993:2017, ensuring a commitment to quality and excellence in our operations and services.

Our training courses span across diverse industries, encompassing sectors such as but not limited to:

  • Power & Utilities
  • Oil & Gas
  • Financial Institutions
  • Government and Regulatory bodies
  • Manufacturing & Production Industry

Our commitment lies in continuously refining and expanding our training course offerings to align with evolving industry landscapes. We encourage individuals to explore our website or engage with our dedicated support team for the latest information on available courses, ensuring access to the most pertinent and current educational resources.

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