Project Management for the Oil and Gas Industry: A World System Approach

Adedeji B. Badiru, Samuel O. Osisanya

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January 23, 2013 by CRC Press
Reference - 781 Pages - 677 B/W Illustrations
ISBN 9781420094251 - CAT# 94254
Series: Industrial Innovation Series

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Features

  • Discusses how rigorous and disciplined application of project management tools and techniques can help mitigate technical, managerial, and human resources challenges
  • Highlights the importance of project planning, organization, control, and contingencies
  • Examines the four elements of communications management: planning, information distribution, performance reporting, and stakeholder management
  • Covers how to use proactive scheduling to build contingencies into the project schedule, preempting problems and adverse developments
  • Introduces the methodology of incorporating drag and drag cost into the conventional critical path method as a template for scheduling, planning, and control
  • Includes a collection of common tools and techniques for process improvement in project management, with specific focus on oil and gas projects
  • Defines the challenges management must address in quality, scheduling, and cost
  • Presents the basic computational techniques of engineering economic analysis for application to energy economics

Summary

Project management for oil and gas projects comes with a unique set of challenges that include the management of science, technology, and engineering aspects. Underlining the specific issues involved in projects in this field, Project Management for the Oil and Gas Industry: A World System Approach presents step-by-step application of project management techniques. Using the Project Management Body of Knowledge (PMBOK®) framework from the Project Management Institute (PMI) as the platform, the book provides an integrated approach that covers the concepts, tools, and techniques for managing oil and gas projects.

The authors discuss specialized tools such as plan, do, check, act (PDCA); define, measure, analyze, improve, control (DMAIC); suppliers, inputs, process, outputs, customers (SIPOC); design, evaluate, justify, integrate (DEJI); quality function deployment (QFD); affinity diagrams; flowcharts; Pareto charts; and histograms. They also discuss the major activities in oil and gas risk assessment, such as feasibility studies, design, transportation, utility, survey works, construction, permanent structure works, mechanical and electrical installations, and maintenance.

Strongly advocating a world systems approach to managing oil and gas projects and programs, the book covers quantitative and qualitative techniques. It addresses technical and managerial aspects of projects and illustrates the concepts with case examples of applications of project management tools and techniques to real-life project scenarios that can serve as lessons learned for best practices. An in-depth examination of project management for oil and gas projects, the book is a handbook for professionals in the field, a guidebook for technical consultants, and a resource for students.