Capital Project Planning & Execution in Oil & Gas | One Day USD: 150/- and Two Day USD: 250/- Per Pax.
Description
1. Introduction to Capital Projects in Oil & Gas
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Definition and significance of capital projects
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Types of capital projects: upstream, midstream, downstream
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Importance of proper planning and execution for cost, schedule, and safety performance
2. Project Lifecycle Overview
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Concept to commissioning phases
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Key project stages: feasibility, FEED (Front-End Engineering Design), EPC, and operations
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Stage-gate (phase-gate) decision process
3. Project Planning Fundamentals
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Defining project scope, objectives, and deliverables
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Developing work breakdown structures (WBS)
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Estimating time, cost, and resource requirements
4. Front-End Loading (FEL) and Feasibility Studies
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Concept and importance of FEL stages (FEL-1 to FEL-3)
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Conducting feasibility and conceptual design studies
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Risk identification and mitigation planning at early stages
5. Engineering, Procurement & Construction (EPC) Management
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Overview of EPC contracting models
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Coordination between engineering, procurement, and construction activities
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Vendor management and logistics planning
6. Project Execution Strategies
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Execution planning and scheduling (using tools like Primavera/MS Project)
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Interface management and stakeholder communication
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HSE integration in project execution
7. Cost, Schedule, and Quality Control
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Key performance indicators (KPIs) for project monitoring
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Cost control systems and progress measurement
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Managing change orders and variations
8. Risk Management in Capital Projects
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Identification and classification of project risks
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Quantitative vs. qualitative risk analysis
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Contingency planning and mitigation strategies
9. Project Governance and Stakeholder Management
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Role of project sponsors, steering committees, and project managers
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Stakeholder engagement and communication plans
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Decision-making hierarchy and accountability
10. Project Execution Challenges
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Common issues: scope creep, delays, cost overruns
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Managing contractor performance and productivity
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Lessons learned from past mega-projects
11. Commissioning and Handover
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Pre-commissioning, commissioning, and start-up phases
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Documentation, testing, and performance verification
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Transition to operations and maintenance
12. Project Closeout and Post-Evaluation
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Financial and technical closeout processes
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Capturing lessons learned and best practices
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Post-project evaluation and continuous improvement
