Project Management for Oil & Gas Sector at PTIT

On 27 – 28 July 2015 Khun Sorawut was a speaker at PTIT Public Training Course about Project Management for Oil & Gas Sector.

Projects in the oil and gas industry are always large, complex and capital intensive. Therefore, a comprehensive knowledge and understanding of project management is essential to have any chance to successfully complete these projects on time and within budget. This intensive 2-day workshop-style course is designed to thoroughly present the subject and practice of Project Management of Oil and Gas projects. You will learn how to balance time, cost and schedule constraints in order to maximize stakeholder satisfaction. You will also learn how to objectively and accurately measure project performance. In addition, the course provides a “hands-on” approach to managing projects in the Oil and Gas industry, throughout the various project phases (Initiation to Planning, Engineering and Construction, Monitoring and Controlling, Performance Management and Close-Out). The course is aligned with the Project Management Institute’s (PMI®) A Guide to the Project Management Body of Knowledge (PMBOK® Guide) and is ideal for anyone working in a project team environment required to manage increasingly challenging projects in the Oil and Gas industry.



Turning Falling Oil Prices into an Opportunity

“When you change the way you look at things, the things you look at change.” – Wayne Dyer

It’s been historically proven that global oil prices are volatile and cyclical. At present, we again are facing another cyclical low period with oil prices continuing to plummet. The good news is that it is only a matter of time before oil prices inevitably start to go up again. The president of Halliburton, Jeff Miller, shared his insights on the matter during the company’s Q4 financial results press conference: “Although oil demand growth expectations for 2015 have weakened, it is still growth. Demand is forecasted to increase by an estimated 900,000 barrels per day. Internationally, decline rates have become more pronounced in several key markets over the last couple of years. In areas like Angola, Norway, and Russia historical growth has given way to net production declines in the last year”.
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