Project Management for the Oil and Gas Industry
A World System Approach
Systems Innovation Book Series

Project management for oil and gas projects comes with a unique set of challenges that include the management of science, technology, and engineering aspects. Underlining the specific issues involved in projects in this field, Project Management for the Oil and Gas Industry: A World System Approach presents step-by-step application of project management techniques. Using the Project Management Body of Knowledge (PMBOK®) framework from the Project Management Institute (PMI) as the platform, the book provides an integrated approach that covers the concepts, tools, and techniques for managing oil and gas projects.

The authors discuss specialized tools such as plan, do, check, act (PDCA); define, measure, analyze, improve, control (DMAIC); suppliers, inputs, process, outputs, customers (SIPOC); design, evaluate, justify, integrate (DEJI); quality function deployment (QFD); affinity diagrams; flowcharts; Pareto charts; and histograms. They also discuss the major activities in oil and gas risk assessment, such as feasibility studies, design, transportation, utility, survey works, construction, permanent structure works, mechanical and electrical installations, and maintenance.

Strongly advocating a world systems approach to managing oil and gas projects and programs, the book covers quantitative and qualitative techniques. It addresses technical and managerial aspects of projects and illustrates the concepts with case examples of applications of project management tools and techniques to real-life project scenarios that can serve as lessons learned for best practices. An in-depth examination of project management for oil and gas projects, the book is a handbook for professionals in the field, a guidebook for technical consultants, and a resource for students.

World Systems Framework for Oil and Gas Industry. Characteristics of Oil and Gas Projects. Project Management Body of Knowledge. Oil and Gas Project Communication. Critical Path Method for Oil and Gas Projects. Drag and Cost in CPM. Decision Tools for Oil and Gas Project Management. Reliable Schedule Forecasting. Multi-Attribute Drilling Systems Selection. Managing Oil and Gas Construction Projects. Engineering Economics for Oil and Gas. Project Risk Analysis. Appendix A: Reservoir Management and Monitoring. Appendix B: Useful Units and Conversion Factors.