Project management in the oil and gas industry
Oil and gas projects have special characteristics that need a different technique in project management. The development of any country depends on the development of the energy reserve through investing in oil and gas projects through onshore and offshore exploration, drilling, and increasing facili...
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| Main Author | |
|---|---|
| Format | Electronic eBook |
| Language | English |
| Published |
Hoboken, New Jersey : Salem, Massachusetts :
John Wiley & Sons, Inc. ; Scrivener Publishing LLC,
2016.
|
| Subjects | |
| Online Access | Full text |
| ISBN | 9781119084105 1119084105 9781119084112 1119084113 9781119084129 1119084121 9781523110384 1523110384 9781119083610 1119083613 |
| Physical Description | 1 online resource |
Cover
Table of Contents:
- Cover; Title Page; Copyright Page; Dedication; Contents; Preface; About the Author; 1 How to Manage Oil and Gas Projects; 1.1 The Principal of Project Management; 1.2 Project Characteristics; 1.3 Project Life Cycle; 1.3.1 Initiation of the Project; 1.3.1.1 Getting to the Scope Baseline; 1.3.2 Feasibility Study; 1.3.3 FEED (Preliminary) Engineering; 1.3.4 Detail Engineering; 1.3.5 Decision Support Package; 1.3.6 Design Management; 1.3.7 Execution Phase; 1.3.8 Commissioning and Startup; 1.4 Is this Project Successful?; 1.4.1 Project Management Goals; 1.4.1.1 Project Integration Management.
- 1.4.1.2 Project Scope Management1.4.1.3 Project Time Management; 1.4.1.4 Project Cost Management; 1.4.1.5 Project Quality Management; 1.4.1.6 Project Human Resource Management; 1.4.1.7 Project Communications Management; 1.4.1.8 Project Risk Management; 1.4.1.9 Project Procurement Management; 1.5 Project Management Tasks; 1.5.1 Define the Project Target; 1.5.2 Define the Scope of Work; 1.5.3 Define the Time Frame; 1.5.4 Define the Available Resources; 1.5.5 Define the Cost; 1.5.6 Evaluate the Master Plan; 1.5.7 Accept the Master Plan; 1.5.8 Schedule Follow Up; 1.5.9 Cost Follow Up.
- 1.5.10 Comparing Between Actual Work and Master Plan Cost1.5.11 Performance Evaluation; 1.6 Project Manager Skill; Quiz; 2 Project Economic Analysis; 2.1 Introduction; 2.2 Project Cash Flow; 2.2.1 Depreciation Methods; 2.2.1.1 Straight-Line Method; 2.2.1.2 Declining-Balance Method; 2.2.1.3 Sum-of-the-Year-Digits; 2.2.1.4 Sinking-Fund Method; 2.2.1.5 Service-Out Method; 2.2.2 Method of Net Present Value (NPV); 2.2.2.1 Inflation Rate; 2.2.3 Minimum Internal Rate of Return (MIRR); 2.2.4 Payout Method; 2.3 Economic Risk Assessment; 2.3.1 Probability Theory.
- 2.3.2 Probability Distribution of Variables2.3.2.1 Normal Distribution; 2.3.2.2 Log Normal Distribution; 2.3.2.3 Binominal Distribution; 2.3.2.4 Poisson Distribution; 2.3.2.5 Exponential Distribution; 2.3.2.6 Weibull Distribution (Rayleigh Distribution); 2.3.2.7 Gamma Distribution; 2.3.2.8 Logistic Distribution; 2.3.2.9 Extreme Value (Gumbel Distribution); 2.3.2.10 Pareto Distribution; 2.3.3 Distribution for Uncertainty Parameters; 2.3.3.1 Triangular Distribution; 2.3.3.2 Uniform Distribution; 2.3.4 Choose the Appropriate Probability Distribution; 2.3.4.1 Chai Square Method.
- 2.3.4.2 Kolmograv-Smirnov (K-S)2.4 Decision Tree; 2.5 Monte-Carlo Simulation Technique; 2.6 Risk Adjusted Value (RAV); 3 Pitfalls in Time Schedule Planning; 3.1 Introduction; 3.1.1 Plan Single Point of Accountability (SPA); 3.1.2 Starting the Plan; 3.1.3 Work Breakdown Structure (WBS); 3.2 Responsibilities of the Team; 3.3 Expected Activity Time Period; 3.4 Calculate the Activity Time Period; 3.5 Time Schedule Preparation; 3.5.1 Gantt Chart; 3.5.2 Arrow Diagram Method (ADM); 3.5.3 Precedence Diagram Method (PDM); 3.5.4 Critical Path Method (CPM).