PM0069 : Project Management: The A to Z of Best Practices

This practical and highly-interactive course includes various practical sessions and exercises. Theory learnt will be applied using our state-of-the-art simulators. 

 

Project management has evolved over time, becoming the principal mean of dealing with change in modern organizations. Best practices have occurred as a result of business evolution and of practicing project management at a global leveP l. Best practices in project management, if followed, increase the chances of success in achieving goals when dealing with projects. 

 

Project management is accomplished through the application and integration of the project management processes of initiating, planning, executing, monitoring and controlling, and closing. Best practice is based on experience and is used to describe the process of developing and following a standard way of doing things. In project management, best practice is a general term that include guidelines and international standards. 

 

Management of projects for petrochemical companies is critically important, as worldwide the industry spends over billions of dollars annually in building new plants or expanding the existing ones. The petrochemical industry has made tremendous improvements in its management of projects. Industry and cross industry best practices have become well recognized and implemented by most companies.  Several companies have taken steps to improve their approaches through changes in organizational models and skills, and establishment of expertise centers. 

 

This course is designed to provide an up-to-date overview of the best practices (A-Z) in project management in general and in petrochemical projects in particular. It covers the project management; the project management and plant production operations; the supply chain in the petrochemical projects; the program management; the project risk management; prioritizing the work; the critical chain management; the tam and personnel management; the project management and information system; the program management office and portfolio management; and the petrochemical project best practices. 

 

The course is carefully developed to reflect the best practices that also match the training requirements of distinguished professional organizations such as the Project Management Institute (PMI) and FIDIC. The Professional Development Units/Hours (PDUs) or Continuing Education Units (CEUs) awarded to our participants are recognized by the Project Management Institute (PMI) and by the International Association for Continuing Education & Training (IACET-USA).