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 Management -- 1.4.1.3 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 Cost -- 1.5.11 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 Variables -- 2.3.2.1 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) -- 3.5.5 Program Evaluation and Review Technique (PERT) -- 3.5.6 Example -- 3.5.7 Application of the PERT Method -- 3.5.7.1 Statistics Calculation for Activity Time -- 3.5.7.2 Example -- 3.5.7.3 Time schedule control -- 3.6 Planning Overview -- Quiz -- 4 Project Cost Control -- 4.1 Introduction -- 4.2 Cost Types -- 4.2.1 Cost Estimate -- 4.2.1.1 Top-Down Estimates -- 4.2.1.2 Bottom-Up Estimates -- 4.2.1.3 Analogous Estimates -- 4.2.1.4 Parametric Estimates -- 4.2.2 Steel Structure Cost Estimate -- 4.2.3 Detailed Cost -- 4.2.4 Cost Estimate to Project Control -- 4.3 Economic Analysis to Project Cost -- 4.3.1 Work Breakdown Structure (WBS).

4.3.2 Organization Breakdown Structure (OBS) -- 4.3.3 OBS/WBS Matrix -- 4.3.4 Work Packages -- 4.3.5 Cost Control -- 4.3.6 (S) Curve -- 4.3.7 Engineering Cost Control -- 4.4 Cash Flow Calculation -- 4.4.1 Project Cash Flow -- 4.4.2 Impact on Increasing Cost -- 4.4.3 Project Late Impact -- 4.4.4 Impact of Operation Efficiency -- Quiz -- 5 Resource Hiring -- 5.1 Introduction -- 5.2 Project Organization -- 5.2.1 Types of Organizations -- 5.2.1.1 Project Organization as a Part of the Company -- 5.2.1.2 Separate Project Organization -- 5.2.1.3 Matrix Organization -- 5.2.2 Selecting the Best Organization -- 5.3 Roles and Responsibilities of the Project Manager -- 5.3.1 Project Manager as a Leader -- 5.4 Administrative Organization for Total Quality Management -- 5.5 Team Member Selection -- 5.6 Managing the Team -- 5.7 Allocate Resources to Project Plan -- 5.7.1 Example -- 5.8 Relation Between Project Parties -- 5.9 Document and Information Transfer -- 5.10 Information Transfer -- 5.11 Quality Control in the Design Phase -- 5.11.1 Inputs and Outputs of the Design Phase -- 5.11.2 Design Verification -- 5.11.3 Change in the Design -- 5.11.4 Approval of the Design -- Quiz -- 6 Tendering, Bidding, and Contract Traps -- 6.1 Introduction -- 6.2 Contracts -- 6.2.1 Measured Contract -- 6.2.2 Lump Sum -- 6.2.3 Cost Plus -- 6.3 Contract Between the Owner and Engineering Office -- 6.4 The Importance of Contracts in Assuring the Quality of the Project -- 6.5 Contracts in ISO -- 6.6 FIDIC Contracts -- 6.7 General Conditions in the Contracts -- 6.8 Arbitration and the Arbitrator -- 6.9 Bids and Tenders -- 6.9.1 Public (Open) Tender -- 6.9.2 Limited Tender -- 6.9.3 Negotiated Tender -- 6.9.4 Direct Order -- 6.9.5 Tender Technical Evaluation -- 6.9.6 Commercial Evaluation -- 6.9.6.1 Commercial Evaluation Methods -- 6.10 Closeout Report -- Quiz.

7 New Approach in Managing Oil and Gas Projects -- 7.1 Introduction -- 7.2 Quality System -- 7.3 ISO 9000 -- 7.4 Quality Management Requirements -- 7.4.1 Quality Manual -- 7.4.2 Quality Plan -- 7.4.3 Quality Control -- 7.4.3.1 Why is Quality Control Important? -- 7.4.3.2 Submittal Data -- 7.4.3.3 How to Check Incoming Materials -- 7.4.3.4 Methods of Laying Out and Checking Work -- 7.4.3.5 Material/Equipment Compliance Tests -- 7.4.3.6 When to Inspect Work -- 7.4.3.7 Paperwork/Documentation -- 7.4.3.8 Quality Control Plans -- 7.4.4 Quality Assurance -- 7.4.4.1 Quality Assurance in the ISO -- 7.4.4.2 The Responsibility of the Contractor (Manufacturer) -- 7.4.4.3 Responsibility of the Owner -- 7.5 Project Quality Control in Various Stages -- 7.5.1 Feasibility Study Stage -- 7.5.2 Feed (Preliminary) Engineering -- 7.5.3 Detailed Engineering Study -- 7.5.3.1 Design Quality Control -- 7.5.4 Execution Phase -- 7.5.4.1 ISO and Control Work -- 7.5.4.2 Inspection Procedures -- 7.5.4.3 Importance of Contracts in Assuring the Project Quality -- 7.5.4.4 Checklists -- 7.6 Operational Phase of the Project -- 7.7 Total Building Commissioning System -- 7.7.1 Planning Stage -- 7.7.1.1 Identify Commissioning Team -- 7.7.1.2 Define Owner's Project Requirements with the Customer Agency -- 7.7.1.3 Develop Preliminary Commissioning Plan -- 7.7.1.4 Commissioning for Certifications (LEED, Energy Star, etc.) -- 7.7.1.5 Commissioning Agent Costs -- 7.7.1.6 Cost-Benefit Analysis for Commissioning -- 7.7.2 Design Stage -- 7.7.2.1 Incorporate Commissioning into A/E and CM Scope of Services -- 7.7.3 Construction Stage -- 7.7.3.1 Review Submittals for Performance Parameters -- 7.7.3.2 Develop and Utilize Construction Checklists -- 7.7.3.3 Oversee and Document Functional Performance Testing -- 7.7.3.4 Test Data Records -- 7.7.3.5 Hold Commissioning Team Meetings and Report Progress.

7.7.3.6 Conduct Owner Training -- 7.7.3.7 Turnover Commissioning Record -- 7.7.4 Building Commissioning Process Post-Construction Stage -- 7.7.4.1 Post-Construction Stage -- 7.7.4.2 Perform Deferred and Seasonal Testing -- 7.7.4.3 Re-inspect/Review Performance Before End of Warranty Period -- 7.7.4.4 Complete Final Commissioning Report -- 7.7.4.5 Recommission Facility Every 3-5 Years -- 7.7.4.6 Recommissioning -- 7.7.5 Advantages for Total Building Commissioning System -- Quiz -- 8 Practical Risk Management for Oil and Gas Projects -- 8.1 Introduction -- 8.1.1 The Risk Management Process -- 8.2 Project Risks -- 8.3 Risk Assessment -- 8.4 Risk Identification -- 8.4.1 Methods of Defining Risk -- 8.4.1.1 Brainstorming -- 8.4.1.2 Delphi Technique -- 8.4.1.3 Nominal Group Technique -- 8.4.1.4 Crawford Slip -- 8.4.1.5 Expert Interviews -- 8.4.1.6 Root Cause Identification -- 8.4.1.7 Checklists -- 8.4.1.8 Documentation Reviews -- 8.4.2 Grouping the Risks -- 8.5 Define Priorities -- 8.5.1 Matrix Method -- 8.5.2 Tabulated Method -- 8.6 Risk Response Planning and Strategies -- 8.7 Risk Monitoring and Control -- 8.8 Example -- 8.9 Operations risk -- 8.10 Methods of Risk Avoidance -- Quiz -- References -- EULA.