A Project Management Institute, Inc. (PMI)®Registered Training Course
Project Management for the Oil and Gas Industry
Understanding the Key Requirements to
Deliver Projects Successfully
Course Overview
Working within the Oil & Gas industry provides a complex project environment that throws up its own particular project management challenges. This detailed and integrated 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 interactive 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 10-day GLOMACS Project Management for the Oil & Gas Industry 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 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
Modules
This training course is split into two modules:
Module I - Developing Project Strategy in the Oil and Gas Industry
Module II - Delivering Successful Projects within the Oil & Gas Industry
Each module is structured and can be taken as a stand-alone training course; however, delegates will maximise their benefits by taking Module 1 and 2 back-to-back as a 2-week training course.
Training Outline
Module 1: Developing Project Strategy in the Oil and Gas Industry
DAY 1: 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 2: 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 3: 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 4: 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 5: 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 6: 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 7: 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 8: 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 9: 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 10: 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
Certificates
- On successful completion of this training course, GLOMACS Certificate with eligible Continuing Professional Education credits (CPE) from National Registry of CPE Sponsor and Professional Development Units (PDUs) / Contact Hours from Project Management Institute (PMI®), will be awarded to the delegates
Accreditation
GLOMACS is proud to be an Authorized Training Partner (ATP No. 2759) with PMI®. As an ATP, GLOMACS is authorized to issue applicable Professional Development Units (PDUs) and Educational Contact Hours to participants of any of its PMI® approved training courses for PMI® Certification and Re-Certification.
GLOMACS is registered with NASBA as a sponsor of Continuing Professional Education (CPE) on the National Registry of CPE Sponsors. NASBA have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.
All Training Seminars delivered by GLOMACS by default are eligible for CPE Credit.
Providers and Associations
About Saudi Glomacs
At Saudi GLOMACS, we specialize in delivering world-class training courses in Saudi Arabia and across various international locations. Our training courses are tailored to meet the unique demands of Saudi Vision 2030 and the Human Capability Development Program, focusing on empowering Saudi citizens and enhancing workforce skills. We offer diverse courses spanning leadership, management, engineering, and technical disciplines to cultivate expertise and drive professional growth. Our flexible learning options—whether in-person, online, or in-house—ensure accessibility and convenience for individuals and organizations alike.
With over 30+ years of experience through the GLOMACS global network, we are committed to delivering innovative, results-driven training solutions. Our expert instructors combine industry knowledge with dynamic teaching methods, fostering practical skill development and long-term career success. By choosing Saudi GLOMACS, you're investing in personal excellence and contributing to the Kingdom’s sustainable economic growth and vision-driven transformation.
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