Effective Project and Risk Management,

01-03 Jun, 2015 - Jakarta, INDONESIA

Effective Project & Risk Management

 

Presenter:

Mr.Charlie reith

 

Day 1

Introductions

  • Ice breaker session - discussion on setting realistic budgets and the handover procedures from strategy - Program Managers, sales departments or Contracts to the PM and the project execution team.
  • Question: has decommissioning to abandonment costs been considered in the allocated budget’s?
  • What Contingency costs are included or available percentages % allocated?

Lesson 1

  • Review and explanations of diffrent tools and software packages to assist with Cost Models –Budget and P&l tracking, project reporting updates, simplifid reports.
  • Classic Measures of successful execution and delivery! : how many projects are actually delivered within budget, on schedule, to the required quality and in accordance with the agreed technical specifiations, basis of design.

Lesson 2

  • Contracts and Legal understanding in handover, considerations over the life cycle of the project.
  • Discussions on different contracting strategies. Lump Sum EPC or EPCI versus separate packages in specialist Installation and commissioning contracting entities.
  • Do not underestimate “Regulatory or Statutory” requirements from different geographic regions.
  • HSE, Environmental impact considerations

Lesson 3

  • Integrated Planning tools, resourcing allocations.
  • Considerations to specialist skill sets across the complete life cycle of the project and geographic supply chain requirements in capacity or capabilities.

 

Who Should Attend

Personnel of all types who make project-related decisions in the presence of real uncertainty, in particular to Upstream Oil & Gas business - programme managers, project sponsors, project managers and their planning personnel, technical managers, project engineers, system engineers, software systems engineers, engineers of all disciplines, and those responsible for the development of policy and processes in the fields of development, acquisition, EPC procurement and supply.

 

Delivery Method

The course will be delivered using a balanced combination of video, presentation, workshops and discussion sessions. The workshops and discussions are focused on putting into practice the techniques covered in the presentation and video.

 
Day 2

Lesson 4: Risk Management

  • Management of Change (* agreed variations to scope) versus unforeseen variation orders impact to budgets/ schedule.
  • Addressing slippages in schedules
  • Opportunities - risk transfer or reduction or eliminate as soon as practically possible.
  • Economic climate (Dealing with external and or internal forces) issues changing over life cycle.

Discussion on tabled examples:

  • E.g.; NASA Projects success and failures and transfer of PM processes and experiences into oil and gas business sectors
  • Aero space Boeing Inc. Dreamliner Vs. Airbus A 380 competing strategies, schedules;
  • Issues encountered in execution phases “Lessons Learnt”.
  • Todays challenges LNG –FLNG projects to Shale Gas. Available trained project resources and specialist supply chain requirements, competing implications.
  • Considerations for a paradigm shift in certain practices to mitigate and control risks.

 

Day 3

Reflective session

  • Overview of dedicated project management office (PMO) versus (OPM) organizational project management combination of both dependent on the organization, size and volume of projects running in parallel.
  • Cash is king and strategic centers of excellence! Corporate controls versus regional management at business unit level.

Lesson : 5

  • Use of e-Project Tools and global support.
  • Documents for Project execution. Project Standards and specialist support available on line to teams.
  • Added value life cycle model in Web-Ex and accessible to global teams.
  • Wrap Up – Feedback Session.

 

FOR ENQUIRIES

Gamar Carlesater

Email : gamar@cmtsp.com.sg

Tel: +65 9186 7757 | Fax: +656345 5928