Project Management Fundamentals for Energy Projects

Introduction

Provides a comprehensive foundation in project management principles tailored to capital-intensive and operational energy projects.

Objectives

• Understand project management fundamentals
• Apply structured project lifecycle approaches
• Improve coordination and control
• Support successful project delivery

Target Audience

·         Project engineers

·         Supervisors

·         Junior project managers.

5-Day Scientific Program

Day 1

• Financial concepts and terminology
• Role of finance in petroleum operations
• Revenue, cost, and profitability basics
• Financial accountability

Day 2

• Income statement structure and analysis
• Cost classification and behavior
• Operational cost drivers
• Financial performance indicators

Day 3

• Balance sheet fundamentals
• Assets, liabilities, and equity
• Working capital management
• Asset-intensive business considerations

Day 4

• Cash flow statement analysis
• Operating, investing, and financing cash flows
• Cash flow vs profit
• Liquidity management

Day 5

• Financial decision-making for managers
• Interpreting financial reports
• Case studies
• Practical financial awareness toolkit