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ONLINE: Management of Energy Project Teams (PBM925)

  • 22-24 June 20213 daysVirtual instructor-led course, OnlineCourse Fee: 1475 EUR + VAT

Description

This course introduces project management techniques that are equally applicable to small scale oil & gas upstream studies as they are to large scale geothermal developments. Topics contrast the hard task-side challenges of delivering projects on time and under budget in the energy sector with the soft people-side issues of managing project teams. Task challenges include project definition clarity, accurate measurement of progress vs. scope and deliverables, realistic time and cost estimation and, risk management, procurement and outsourcing, project planning and quality management. People issues include understanding and managing stakeholder expectations, team capability assessment, combating bias, building and managing the project team. Throughout the course, participants will become familiar with the pros and cons of project management tools.

Course Structure: 9 modules of 1½ hours each, delivered over 3 days
Each day will consist of 3 modules, split into units of 1½ hours, followed by a 20 min break.

Course Level: Foundation / Skill
Instructor: Bob Harrison

Designed for you, if you are...

  • An industry or finance professional requiring a fundamental understanding of energy project management

How we build your confidence

The course is taught using a combination of interactive instruction, facilitated discussion and hands-on exercises, case studies and short videos on key topics.

The benefits from attending

By the end of the course you will be able to:

  • Understand the fundamentals of project management in the energy sector, including the stage gate process
  • Appreciate the inherent features of projects, their cyclical nature, and why they often fail in the energy sector
  • Measure project performance
  • Define project objectives and scope, and relate them to work based structures
  • Estimate time, resource and cost schedules according to project scope
  • Identify, register and (hopefully) mitigate project risks
  • Appreciate the challenges of procurement and outsourcing of services
  • Plan projects better and ensure quality of delivery
  • Analyse project stakeholders' needs and manage their expectations
  • Be aware of cognitive biases within the project team and how to counteract them
  • Build better project teams via competency assessment and application of the Belbin method, to identify skill gaps and assess suitability of personnel for different roles within the project team

Topics

  • The inherent features of projects - the stage gate process
  • Measuring project performance - the various evolutions of the Iron Triangle
  • The project life cycle and why most projects fail
  • Stakeholder analysis
  • Introducing some tools for effective project management
  • Project objectives: what they are and why are they crucially important
  • Project scope: what must be delivered, and what is (actually) not required
  • Work breakdown structures: organising project work into manageable portions
  • How to estimate time and resources required to deliver the project
  • Cost estimation and control
  • Project team assessment, selection and management: physical team vs. virtual team
  • Risk management in energy projects: different risk profiles for different energy sectors
  • Procurement and outsourcing: doing things in-house vs. using external contractors
  • The project plan
  • Project quality management


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