The Successful Management of Major Oil and Gas Projects – Avoiding Distress

This unique two-day In-house seminar will provide participants with an insight into the common causes of project failure, how they can be avoided and resolved.

Course Overview

This unique two-day *In-house seminar will provide participants with an insight into the common causes of project failure, how they can be avoided and resolved.*

Through this highly practical workshop you will:

  • Examine how to organise the successful delivery of complex projects to avoid costly disputes
  • Understand why projects fail and how widespread it could be to avoid this within your own activity
  • Review the mechanisms under which projects are typically managed and delivered to manage and control your exposure to risk
  • Establish the key rules of engagement to ensure control
  • Evaluate how project stakeholders define success to better meet their expectations

What are the objectives of this seminar?

By attending this seminar you will:
  • Gain a detailed knowledge and understanding of the causes of project failure
  • Become aware of best practice procedures to avoid and manage project distress
  • Find out how improved awareness can contribute to reduced distress and improved project failings
  • Understand the best practice procedures that improve bottom line project performance
  • Learn about dealing with all project participants to manage and reduce effects of project failure
  • Recognise the importance of early recognition and intervention
  • Master the application of project risk management

Who should attend?

  • Project managers
  • Risk managers
  • Bid managers
  • Procurement managers
  • Commercial managers
  • Contract managers
  • Engineers
  • Bid and tender managers
  • In-house counsel
  • Contract analysts
  • Programme managers
  • EPC contractors
  • Energy companies
  • Specialist contractors

Sample Programme Day 1

Day One

Why do projects fail and how widespread is failure?
  • A review of how organisations typically reach the decision to invest in new capital projects
  • Business case
  • Effective sponsorship
  • Failing to plan is planning to fail
  • Business/portfolio/program and project governance and controls
  • Behaviours or process?: A stitch in time saves nine…
Project delivery, participants, roles, responsibilities and deliverables: Looking at how companies organise the delivery of complex projects including
  • Project deliverables
  • Processes
  • Responsibilities
  • Timing
  • Pit falls and problems
Contract delivery mechanisms: Review of the mechanisms under which projects are typically managed and delivered
  • Common project delivery structures
  • Operational features
  • Reimbursement mechanisms
  • Risk distribution

PRACTICAL EXERCISE
During this session participants will be introduced to a case study oil project. The project is unique and will form the basis around which many practical and action based studies will take place during the day. Participants will also be introduced to a standard industry contract which will also be used in conjunction with many of the issues discussed.

Rules of engagement: How are the parties to a major project controlled, managed and co-ordinated?
  • The role of contract
  • Who does what and when?
  • Programmes and programming
  • Understanding the contract
  • Setting up systems for success
  • Pitfalls

Sample Programme Day 2

Day Two

What defines project success? Looking at how project stakeholders define success
  • Common features of failed projects:
    • Project types
    • Symptoms
    • Causes
    • Cures

PRACTICAL EXERCISE
During this session participants will engage in a workshop to examine and consider the case study project and review the extent to which the project exhibits features that have a potential to contribute to project failure. The participants will examine the extent to which the standard industry contract assists in addressing these features and helps in delivering success.

Drivers towards project success
  • An examination of the features of successful projects
  • Managing risk
  • An introduction to the basic principles of risk management
  • People versus contracts
  • Reducing the impacts of project failure
  • Teaming
  • Effective leadership is worth a fortune

PRACTICAL EXERCISE
Using risk management practices participants will review the case study project and produce a risk management plan. Participants will also review the standard contract and consider the extent to which it adequately manages risk and make suggestions for alterations and amendments.

Project pinch points – An examination of common issues causing project distress
  • Incomplete design
  • Split responsibility
  • Aggressive programmes
  • HAZOP and design reviews
  • Preferential engineering/re-engineering
  • Approval points
  • Change orders
  • Claims and delays
Managing and mitigating the effects of project failure
  • Early warnings signs
  • Using the programme
  • Earned value
  • Using the contract
  • Risk management (project and team perspectives)
  • Project recovery and acceleration

PRACTICAL EXERCISE
Using the case study project participants will consider a range of the mitigation and recovery options available and the implementation of the risk management plan from the day.

Prepare for failure – The key to success
  • A review of project and commercial management procedure and practice that can alleviate the negative impacts of project failure

QUESTIONS AND ANSWERS
Participants are invited to contribute to a question and answer session addressing specific real project issues together with issues and topics arising out of this programme.

Recommended Trainers

Expert Presenters

Nicholas Pollard is COO and Managing Director of Navigant’s Global Construction Practice. Nick has more than 30 years experience in the delivery of complex construction and engineering projects and is the chair of Navigant’s project advisory group. Prior to joining Navigant Nick held senior posts at several major contracting groups where he oversaw the delivery of some of the world’s most challenging and demanding high profile construction and engineering projects and programmes. This exposure provides Nick with a unique insight into why projects fail and what it takes to improve project performance and outcomes.

Mike Kenyon is a Director of Navigant’s Global Constriction Practice. A Chartered Quantity Surveyor and Fellow of the Royal Institution of Chartered Surveyors Michael has 20 years of commercial management and construction claims experience and is a practicing Expert Witness on matters of quantum and project disruption. Michael’s considerable expertise has been gained from having worked for both consulting and contractor organisations and on a wide range of national and international projects; ranging from oil and gas, petrochemical, off shore, building and civil engineering infrastructure projects. Michael’s exposure through claims and disputes to numerous distressed and projects provides a practical perspective and insight as to why projects can fail.

Colin Byford is a Director of Navigant’s Global Construction Practice and is a Chartered Quantity Surveyor and a Fellow of the RICS. He has over 22 years experience of commercial management and specialises in quantity surveying, procurement advice and forensic investigations. Colin has worked for clients, contractors and private practice in most sectors of the engineering and construction industry. Colin has considerable experience of the oil and gas sector working on projects including subsea field developments, semi submersible rigs, FPSOs, accommodation platforms, gas gathering platforms, LNG trains, oil and gas pipelines and oil refineries. Colin has been appointed to provide independent expert advice relating to quantum, disruption and project delays to court, arbitration, adjudication and other tribunals. Colin is also a tutor and marker for the College of Estate Management for their construction law and civil engineering measurement modules.

In association with Navigant

Navigant is a specialised, global expert services firm dedicated to assisting clients in creating and protecting value in the face of critical business risks and opportunities. Through senior level engagement with clients, Navigant professionals combine technical expertise in disputes and investigations, project advisory and management consulting, with business pragmatism in the highly regulated Energy sectors. Supporting companies globally in the delivery and resolution of complex project challenges in the oil and gas sectors. This support has been applied to a wide range of projects including refining facilities, LNG storage, FPSO vessels and off shore production facilities.

Bespoke training

We can customise this course to meet the requirements of your organisation. Contact us to discuss your training requirements.

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