Fundamentals of Project Management & Risk Assessment

Introduction

The Fundamentals of Project Management & Risk Assessment programme introduces participants
to the fundamental principles of project management and risk assessment within the context of the
oil and gas industry. The industry operates in complex, high-risk environments where effective
project management and accurate risk assessment are essential for safety, cost efficiency, and timely
delivery.
From exploration and drilling to production, maintenance, and facility upgrades, successful project
execution requires a structured approach, strong coordination, and proactive risk mitigation. The
course will equip learners with core tools, methodologies, and industry best practices needed to
plan, execute, monitor, and control oil and gas projects. Participants will engage in real-life case
studies, practical exercises, and scenario-based analysis to enhance decision-making and project
success

Target Audience

This course is designed for:
 Project managers, project engineers, and coordinators
 Operations, maintenance, and production personnel
 HSE officers and supervisors
 Technical team leads and field supervisors
 Procurement, contracting and supply chain personnel
 Junior professionals transitioning into project roles
 Business development and planning officers
 Anyone seeking foundational knowledge in oil & gas project management

Learning Objectives

Upon completing the course, participants will be able to:
 Understand the fundamentals of project management and its relevance to oil and gas
operations
 Define project scope, objectives, deliverables, and constraints
 Apply key project management tools (WBS, Gantt charts, project charters, schedules)
 Identify and assess operational, financial, environmental, and safety risks
 Apply risk management techniques such as qualitative and quantitative risk assessment
 Monitor and control project performance using KPIs and project dashboards
 Understand stakeholder roles and communication requirements in project delivery
 Recognize the importance of HSE integration in project planning and execution
 Evaluate lessons learned and implement continuous improvement strategies

Organizational Benefits

✓ More disciplined project planning and execution

✓ Improved identification and mitigation of project risks

✓ Better control of cost, schedule, quality and stakeholder expectations

✓ Stronger HSE integration and project governance.

Course Content

Module 1: Introduction to Project Management in the Oil & Gas Industry
Module 2: Project Planning and Scope Development
Module 3: Cost, Time and Quality Management
Module 4: Procurement & Contracting Essentials
Module 5: Fundamentals of Risk Assessment
Module 6: Risk Management Techniques & Tools
Module 7: Project Execution, Monitoring and Control
Module 8: Stakeholder Management & Communication
Module 9: HSE Integration in Project Management
Module 10: Project Closure and Continuous Improvement
Concluding remarks, action planning and wrap-up

Duration

This is a two (2) days course

Delivery

Onsite | Online | Hybrid