Project , Contract & Procurement

Project Management – Preparatory training

This course will teach the candidates, fundamentals of project management. Learn how to apply essential project management concepts, deal with changes and challenges, and check the impact of the decisions on project outcomes.

Learning outcomes
Upon completion of the course, candidates would be able to

  • Define project objectives, minimize scope changes.
  • Develop time and cost estimates, create and control the schedule and the budget
  • Assemble, motivate and lead a project team
  • Communicate project progress, maintain stakeholder engagement and develop plans for managing risks
  • Manage scope, resources, schedule and team dynamics
  • Make trade-offs between desired project outcomes and understand how prototypes and iterative processes help mitigate the risks of uncertainty
  • Will be able to successfully take the PMP certification exam

Course Outline

  • Introduction to Project Management
  • Project Conception & Start-Up
  • Definition Phase – Initiation
  • Project Stakeholder Management
  • Planning The Project
  • Quality Management
  • Team Management
  • Risk Management
  • Project Launching and Execution
  • Project Monitoring and Controlling
  • Communication and Reporting
  • Change Management
  • Closing a Project

Target Audience:
Project Managers, Project coordinators

Standard course: 5 days

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This training would help the participants understand the fundamentals of contracts management. It would cover the key topics & terminologies used in contracts from a lay person’s perspective.

Learning outcomes
Upon completion of the program, the participants will be to:

  • Identify contract components
  • Read and digest content of a contract at operational level
  • Understand key operations elements and assess impact / risk to business
  • Understand and interpret commercial concepts in a contract
  • Negotiation techniques

Course Outline

  • Introduction to Process Safety Management
  • Process Safety culture
  • Process Hazard Analysis & Risk Assessment
  • Managing Process Safety Risks
  • Review and improvement of process safety performance

Target audience:
Supply Chain professionals

Standard: 2 days

This course aims at all levels ofpurchasing staff and potentially key stakeholders. This course is designed to help to identify those suppliers that are the most important, deliver value and minimise risk

Learning outcomes
Upon completion of the course, candidates would be able to

  • Segment a supply base and identify important and strategic suppliers
  • Describe and apply different approaches and interventions for important and strategic suppliers
  • Apply a series of approaches to better manage an important supplier
  • Manage relationships with key suppliers across the entire business
  • Manage a supplier against contract requirements
  • Drive and manage supplier improvements
  • Conduct supplier review meetings
  • Manage a strategic relationship

Course Outline

  • Introduction& overview of Supplier Relationship Management (SRM)
  • Supplier Relationship Management (SRM) processes, introducing the current trends in relationship management
  • Supplier segmentation & Categorization – support suppliers based on importance and define relationship expectations
  • Supplier Risk Management
  • Supplier performance management
  • Post-contract supplier management
  • Supplier development and value creation – help put in place processes to effectively manage performance and develop supplier capabilities to continuously improve value

Target audience:
Supply Chain professionals

Standard : 2 days

This is a workshop based training designed to help the candidates develop and improve the trading and pricing fundamentals competency of the participants post which they would be able to appreciate and understand various trading principles in the Oil & Gas industry

Learning outcomes
After successful completion of the training, candidates would be able to understand

  • fundamentals of trading
  • the changing landscape of Oil and Gas trading
  • the different types of contracts that are traded
  • the different pricing basis of Oil and Gas and the commercial implications
  • price exposure
  • shipping
  • Product swap
  • The techniques of O&G trading, hedging and price risk management

Course outline

  • Fundamentals of trading
  • Regional O&G, petro-chemical production developments and the
  • Economic and political factors affecting O&G trading and marketing
  • O&G, petrochemicals trading strategies
  • Mechanics of trading
  • The key role of shipping and terminals and alternative product trading strategies
  • Shipping, cost and type
  • The different forms of sale and purchase contracts and charter parties
  • Product swap
  • Factors influencing pricing
  • The techniques of O&G trading, hedging and price risk management

Target audience:
Supply Chain Professionals

2 days

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