LNG Project Management

What are the Goals?

By the end of this training course, participants will learn to:

• Understand the importance of project commercial and technical compliance and alignment to business plans
• Develop a comprehensive project management plan
• Utilize the CPM and PERT techniques by developing project network diagram
• Analyze project performance by measuring earned value against project baselines
• Demonstrate critical problems solving by implementing the learned industry best practices
• Familiarization with Agile framework and principles

Who is this Training Course for?

This training course targets industry practitioners who already have the fundamental knowledge about the project management and LNG industry. However, the basic fundamentals will be briefed prior to deep diving into advanced concepts and techniques to ensure alignment of all delegates to the training syllabus topics.

This training course is suitable to a wide range of professionals but will greatly benefit: 

• Project and Programme Managers
• Head of PMO & Senior Management
• Bids and Proposal Managers
• Project Lead Engineers
• Business Commercial Managers

Daily Agenda

Day One: Projects Pursuits, Tenders & Awards 

• Prioritization of projects and associated risks
• Opportunity value proposition and strategic business case
• Technical proposal
• Commercial proposal
• Agreement and responsibility matrix
• Project Sanctioning and approval
• Project charter

Day Two: Project Environment, Stakeholders & Risks 

• Highlight project objectives and milestones
• Define various project environmental factors
• Benchmarking LNG typical practices
• Study similar LNG projects success and failure factors
• Identify project stakeholders and their influence
• Involve internal project team
• Identify potential risk occurrence relevant to LNG industry
• Qualitative and quantitative analysis techniques
• Internal kick-off meeting

Day Three: Project Planning – Scope, Schedule, Cost & Procurement 

• Identify project scope baseline
• Develop Work Breakdown Structure (WBS)
• Prepare a network diagram
• Build a Gantt chart
• Identify the outsourcing requirements
• Define the appropriate contract type
• Vendors selection criteria
• Budget baseline

Day Four: Project Execution, Monitoring & Controlling 

• Project revenue phasing
• Project billing and cash flow
• Change management
• Track the project – using EVM
• Quality control
• Project Cost and Schedule Recovery Techniques relevant to the Oil & Gas industry
• Late recovery practices
• Project handover and learned lessons

Day Five: Introduction to Modern Project Management Methodologies 

• Modern methodologies implications
• Principles of Agile framework
• Fundamental processes
• Agile aspects and team roles
• Scrum visual board and activities log tracking
• Retrospective and continuous improvement