Managing Capital Projects in the Front-End Course
Consultant/Trainer: Laurent Spring & Stuart Arnott
The Petrogenium Managing Capital Projects in the Front-End course will offer practical guidance to participants on how to manage and approve multi-disciplinary and multifunctional projects in the front-end, from project kick-off to Final Investment Decision. Application of this course will enable participants to effectively reduce the project recycles, delivery delays and increased costs that have negative impacts on overall economics and resulting in loss of credibility in delivering projects as per promises. This objective is achieved through the implementation of industry-leading practices in Front-End Loading, Integrated Project Management, and Governance decision-making.
Participants
This Petrogenium. course focuses on senior individuals with a minimum of 10 years experience in their discipline and in capital projects. Participants should hold a senior position with responsibilities for leading and integrating various aspects of capital projects. This includes senior professionals in project support functions (Project Services, C&P, Technology, Operations & Maintenance, Construction). Another key target audience are individuals in project governance roles, whether they represent the operator, joint-venturers, or government regulatory and oversight bodies. This course will greatly deepen their understanding of the essential elements required to successfully deliver projects before endorsing concepts and designs.
Learning Objectives
- How is technical scope developed at each stage until the Final Investment Decision
- Tools and techniques to optimize functional requirements and designs
- Multi-functional workflows and swimlanes as a best-in-class PM approach
- Usage of an Integrated Project Management System (IPMS)
- The limitations of decisions that can be made by the Project Team and identify decisions that fall under the purview of Governance
- Purpose, requirements, and timing of Project Assurance
| Day 1 | Day 2 | Day 3 | Day 4 | Day 5 |
|---|---|---|---|---|
| ASSESS STAGE | SELECT STAGE | DEFINE | ||
| Stage Gate process and Assurance | Concepts Identification | Technical scope development in SELECT | Concept Selection Assurance review | Technical scope development in DEFINE |
| Integrated Project Management System | VIP in ASSESS | Defining the functional requirements | Basis for Design: Optimising functions through VIP | Freezing the FEED design and scope |
| Front-End Loading | Concepts shortlisting | Cost & Schedule estimations | Integrated Technical Review | Project execution readiness |
| Early benchmarking and Project Framing | Cost Estimations & Schedule Assurance Review | End-DEFINE project assurance | ||
| Technical scope development in ASSESS | External Benchmarking | Tendering and FID | ||
| Value Improvement Practices (VIP) | ||||
Programme
| Day 1 | Day 2 | Day 3 | Day 4 | Day 5 |
|---|---|---|---|---|
| ASSESS STAGE | SELECT STAGE | DEFINE | ||
| Stage Gate process and Assurance | Concepts Identification | Technical scope development in SELECT | Concept Selection Assurance review | Technical scope development in DEFINE |
| Integrated Project Management System | VIP in ASSESS | Defining the functional requirements | Basis for Design: Optimising functions through VIP | Freezing the FEED design and scope |
| Front-End Loading | Concepts shortlisting | Cost & Schedule estimations | Integrated Technical Review | Project execution readiness |
| Early benchmarking and Project Framing | Cost Estimations & Schedule Assurance Review | End-DEFINE project assurance | ||
| Technical scope development in ASSESS | External Benchmarking | Tendering and FID | ||
| Value Improvement Practices (VIP) | ||||