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Buy Diazepam Europe It is common knowledge that capital projects often experience major cost overruns. Key areas that frequently contribute to cost blow out are: project management, stakeholder conflicts, resource constraints, regulatory changes and unfavorable external environments. Project management problems may include poor project planning, inaccurate cost estimating and poor supervision throughout the project lifecycle. This course covers the fundamental principles of capital project management.  Case studies will be provided to illustrate the field application of the capital project management fundamentals, methods, processes and practices

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• Skills and credibility in project management pertaining to capital cost engineering
• Practical know-how from practising experts with demonstrated ability
• Knowledge and skills to be actively involved in planning, implementation and evaluation stages of a range of functions in capital projects
• Best practice in capital cost engineering theories and practices

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• Introduction to Project Management – Project Management Methodologies. The Project Environment. The Project Life Cycles and Phases. The Project Organizational Structure. Project Offices and Project Support Offices. Project Teams and Leadership. Project Initiation, Project Scope Management, The Work Breakdown Structure, Project Code of Accounts and Project Communication
• Petroleum Economic Analysis – Enterprise Project Portfolio Management, Project Funding, Project Cash Flow, Asset Depreciation, Discount Factors, Payback, Return on Investment, Net Present Value, Internal Rate of Return,
• Cost Estimation and Budget Development
• Planning and Scheduling Techniques
• Project Procurement and Contract Types. Contract Agreement
• Preparation of Tender Document for Petroleum Capital Projects
• Bid Evaluation – Methods and Techniques
• Project Performance Measurements and Earned Value Management
• Project Risk Management
• Documentation and Records Management
• Case Studies