Describe the required technique to control resources allocation for different projects to minimize cost with maximum profit. Moreover,  tools required to control the project cost in scope of authorized budget. Over all projects cash flow and arrange the cost for each project according to different budget will be discussed. The tricks in the contract and how can we use our skill to prepare tender package match with our requirement. Define the type of contract according to our projects types.  There will be a workshop about risk assessment for new oil and gas plant. The main element of project management professional will be presented to be as a core for PMP exam preparation.

There will different case studies that cover each module of the project management.

This course is designed for project  engineers who are interested in the area of project management for construction. This courses for any engineer  who are interesting  in learning about project schedule, cost control, budget and cost estimate.

Day One: Project Management Frame work

•  What is Project Management?.
• Characteristics of project objectives.
• Factors affecting project success.
• Project Management process.
• Project life cycle new approach in oil and gas
• Project charter in oil and gas
• Case Study: Rehabilitation projects

 Day Two

• Project Time Management.
• Activity Definition.
• Tools and Techniques for activity sequencing.
• Rules for estimating activity duration.
• Schedule development.
• Outputs from Schedule development.
• How to develop a complete plan.
• PERT Duration Calculation.
• Case Sudy: New Crude oil Pumps

 Day Three

• Scope management
• Define stake holder
• Case Study: Upgrade helicopter pad
• Resources Planning
• Communication management plan
• Prepare cash flow
• Cost Control
• Bid price component
• Types of Contract
• Cost Estimate
• Classification of cost component.
• Project Budget for cost accounts
• Methods of analysis
• Cost account report

 Day Four

• Indirect cost
• Direct cost
• Cost overrun
• Cost underrun
• Use cost to follow up the project
• Types of contracts
• EPC contract characteristics
• International methods of tender evaluation
• Cases from Japan, USA

Day Five

• Project risk assessment
• Develop risk assessment
• Qualitative and quantitative risk assessment
• Worshop: for  new plant risk assessmen

RECTUS attendance certificate will be issued to all attendees completing minimum of 80% of the total course duration