Applied Project Management (Oil & Gas)

5 DAY COURSE

Title:Applied Project Management (Oil & Gas)
Duration:5 day Course
PDU's:35

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Applied Project Management - Course Specification

In this video Colin Balchin explains the content of the Applied Project Management course.

Overview

This intensive five-day course is concerned with the application of Project Management techniques and knowledge for the effective estimating, planning, managing and control of a project.
It extends to identification, assessment and control of qualitative risks in the project-based enterprise. Uncertainty is inherent in all projects and particularly in the aspects of technical, financial, schedule, legal and quality (the latter includes safety, health, environment and facility integrity) performance. In addition, the course explores quantitative risk analysis using the basics of probability. 
All terms and techniques covered in the course are compatible with PMI's "Body Of Knowledge.

Objectives

By the end of the course, delegates will be able to:

• Understand the terms, processes, stages and documents used in the capital value process.
  Apply basic methods for defining and estimating activities.
• Use a systematic approach to Scope Management and Work Breakdown Structures.
• Build a WBS effectively to define the project work and coding of activities.
• Develop cost breakdown, organisation breakdown and product breakdown structures and learn the relationship between the structures.
• Use software estimating tools / methods to integrate estimate to work scope via WBS.
• Revise the estimate, budgets and monitor actual costs.
• Understand the strengths and weaknesses of MS Project in project planning and control.
• Integrate estimate and plan, setting up basic project and recording progress.
• Use standard software to assist in the risk management processes
• Understand merits and disadvantages of qualitative and quantitative risk assessment.
• Apply risk mitigation strategies, preliminary contingency levels and critical variables.
• Understand and apply Monte Carlo methods and expected monetary outcome.
• Effectively manage cash flow and cost control on the project.
• Effectively integrate risk and earned value 

Duration

The course is five days and begins at 8:30 AM.

Attendees

This course is open to a wide variety of attendees including professionals in various disciplines and nontechnical support staff. It will be of particular interest to those engaged in project management who want to convert project management theory into practice, whether they are currently project managers, working towards a professional qualification, or involved as part of a project team.

Pre-Course

Delegates are expected to have a certain amount of core project management knowledge prior to attending the course, such as having gained the APMP or PMP qualification. It is not mandatory to have these qualifications, as this knowledge may have been gained by working in a project environment.
If this is the case, then it is recommended about 7 years experience in a project environment.

Project Management 1 or PMP Certificate or seven years PM experience.

Delivery

The course is delivered classroom style using a mix of lectures, practical exercises, team working and hands-on computer based working as appropriate. Emphasis is placed on the interaction between delegates and their discussion of, and contribution to concerns and issues faced in the workplace The teams will develop estimates, plans and risk analysis of the case study or project. The course can be adapted to workshop format to develop estimates, plans and risk analysis for client-specific projects as deliverables.