Short Courses and Conferences

Excellence in Project Management for the Energy Industry

Safer, Better, Faster, and Cost Efficient Projects

Dates Pending


Course Outline

Tuesday • July 21, 2015

  1. Project Management's Impact on the Bottom Line
    • Improve Return on Capital Employed (ROCE) and Total Shareholder Return (TSR)
  2. Project Development and Execution Process
    • IDENTIFY and Assess Business Opportunity
    • SELECT from Alternatives
    • DEVELOP Preferred Alternative for Full Funding
    • EXECUTE--Detail Design, Procurement and Construction
    • OPERATE and Evaluate
  3. Value Improving and Best Practices
    1. Decision and Risk Analysis (D&RA)
      • Decision Hierarchy
      • Strategy Table
      • Influence Diagram
      • Tornado Diagram
      • Decision Tree
      • S-Curve
    2. Project Execution Planning (PEP)
      • Defining the Vision of Success (Business Goals, Project Objectives and Drivers and Scope of Work)
      • Defining the Strategy for Success (Management Level Plan, Risk Management Plan, Organization Plan, Contracting Plan, Best Practices Implementation Plan and Team Performance Management Plan)
      • Defining the Tools for Success (Time Management Plan, Cost Management Plan, Quality Management Plan, Safety and Environmental Management Plan, Materials Management Plan and Communications Management Plan)

Wednesday • July 22, 2015

  1. Value Improving and Best Practices (continued)
    1. Value Improving Practices by IPA
      • Technology Selection
      • Well Definition and Design
      • Classes of Plant Quality
      • Constructability Reviews
      • Design-to Capacity
      • Process Reliability Modeling
      • Traditional Value Engineering
      • Others
    2. Project Reviews
      • Peer Review
      • Pre-Funding Assessment
      • Post Project Assessment
      • Business Evaluation

Thursday • July 23, 2014

  1. Total Cost Management
    1. Economic Analysis
      • Net Present Value (NPV)
      • Payout
      • Rate of Return (ROR)
    2. Cost Estimating
      • Estimate Types and Methods
      • Allowance, Contingency and Accuracy
      • Work Breakdown Structure (WBS)
    3. Planning and Scheduling
      • Plan Versus Schedule
      • Critical Path Schedule
      • Resource Planning
    4. Contracting and Procurement
      • Lump Sum Contracts
      • Reimbursable Contracts
      • Incentive Contracts
      • Partnering / Alliances
    5. Performance Measurement
      • Earned Value Concept
    6. Cost Control and Forecasting
      • Budgets
      • Trends
      • Commitments
      • Expenditures
    7. Progress Reporting


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