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Managing Projects: Oil and Gas Industry

Available Modalities:

  • e-Training
  • Public Classroom
  • On Site
  • Virtual Classroom
Delivery Method PDU Total Technical PMP/PgMp Leadership Strategy PMI RMP PMI SP PMI ACP PfMP PMI PBA
Instructor-led Training 22.5 18.5 4 0 0 8 0 0 0
Delivery Method Instructor-led Training
PDU Total 22.5
Technical PMP/PgMp 18.5
Leadership 4
Strategy 0
PfMP 0
  • CEUs: 2.25
  • CPEs: 27
  • Field of Study: Management Advisory Services
  • PDUs: 22.5

If you are working within today’s oil and gas industry, this comprehensive, introductory course will offer a solid understanding of project management methods through your industry lens. Gain practical experience in proven project management techniques and discover a wealth of valuable, flexible tools that you can use immediately to ensure the success of any project within your oil and gas organization. Whether you are part of one of the majors or a services firm supporting the industry; this course is specifically designed to be relevant to your everyday work environment through the introduction of industry-specific case studies and discussions in order to make the training come to life for you.

Managing Projects for Oil and Gas covers the entire project life cycle and is built around best practices currently used in today's fast-paced business environment. You'll learn project management skills through oil and gas specific case studies and the incorporation of industry-specific discussions, hands-on exercises and practical experiences that can immediately be applied to your job.  This approach yields a comprehensive project management experience, including the early stages of defining project requirements, developing work breakdown structures, project change control and closeout.

This course was specifically developed for persons involved with large, complex projects typically within upstream or midstream functions.  Persons with roles that should consider taking this course include:

  • Project sponsors, managers, and project engineers
  • Commercial and contracts analysts and managers
  • Risk managers and business analysts
  • Purchasing and procurement managers who will be supporting projects
  • Contractors and consultants contributing to projects
  • Operational staff stakeholders
  • Governance staff and auditors who will be reviewing project performance
  • Anyone who needs to interface with and speak the “language” of projects

This course gives you the foundation, techniques and tools to manage each stage of the project life cycle, work within organizational and cost constraints, set goals tied directly to stakeholder needs, get the most from your project management team, and utilize state-of-the-art project management tools to get the work done on time and within budget.

As part of your course materials, you'll receive a copy of Dictionary of Project Management Terms, Third Edition, by J. LeRoy Ward, PMP, PgMP. The course materials also include comprehensive reference material specific to each unit of the course.

Reminder: Participants taking this course should NOT take Managing IT Projects or Managing Projects as it will be duplicative material. Scheduling and Cost Control and Risk Management courses are also offered with the specialized oil and gas industry lens.


This course will allow for persons within, or supporting, the oil and gas industry to acquire foundational project management skills, concepts and techniques taught through an oil and gas industry lens with specialized case studies, discussions, and exercises.

  • Link project goals and objectives to clear, compelling stakeholder needs
  • Develop work breakdown structures associated with the oil and gas case study
  • Set realistic, measurable objectives and ensure positive results
  • Estimate project costs and schedules using simple, proven techniques; utilizing the oil and gas specific case study
  • Establish a dependable project control and monitoring system

This course uses digital materials.

  • Introduction to Project Management
    • What are "projects?"
    • Why project management?
    • The project life cycle
    • Influences on a project
    • Key stakeholders
    • Project management process groups
    • Project manager responsibilities
  • Project Closeout
    • Scope verification and customer acceptance
    • Administrative and contractual closure
    • Transferring lessons learned to future project
  • Project Implementation Through the Utilization of an Oil and Gas Industry Case Study and Discussions
    • Baselines
    • Developing the project team
    • Organizations and team structures
    • Managing change
    • Managing risk
    • Performance reporting
    • Reserves
    • Assessing and monitoring project performance
    • Earned value
    • Sunk costs
  • Project Initiation via the Utilization of an Oil and Gas Industry Case Study and Discussion
    • Understanding the role of senior management
    • Needs assessment
    • Project selection
    • Benefit/cost ratio
    • Present value and net present value
    • Building SMART objectives
    • Specific
    • Measurable
    • Agreed to
    • Realistic
    • Time-constrained
    • Developing requirements
    • Project charters
    • Project Requirements Document
  • Project Planning Through the Utilization of an Oil and Gas Industry Case Study and Discussions
    • Scope planning
    • The work breakdown structure
    • Estimating
    • Schedule Planning
    • Network Diagrams – CPM
    • Speeding up the Schedule
    • Project Management Planning Software
    • Cost Planning
    • Responsibility Matrix
    • Resource Loading and Leveling
    • Risk Planning
    • Procurement Planning
    • Communication and quality planning