Diploma in Petroleum Project Management & Field Development Economics Mentor: Edvantage Learning
Diploma in Petroleum Project Management & Field Development Economics
₹22500/ $0 ₹30000/ $0
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Course Objective:

This diploma course in collaboration with Lincoln Professorial Academy empowers students with comprehensive knowledge and hands-on experience in managing petroleum projects, emphasizing effective project planning, economic evaluation, and risk management strategies tailored to the oil and gas industry. Through real-world case studies and practical activities, participants develop essential skills to manage complex petroleum projects from conception to completion, preparing them to excel in high-demand roles within the industry.

Benefits of joining our Diploma program:

·        Acquire high-demand project management skills specific to oil and gas.

·        Industry-recognized certification to enhance your resume.

·        Comprehensive understanding of petroleum project lifecycle and economics.

·        Real-world training through hands-on projects and simulations.

·        Specialized risk management and safety expertise.

·        Master advanced tools like MS Project and Primavera.

·        Network with industry professionals for future opportunities.

·        Prepare for lucrative roles in project management and field economics.

Learning Outcomes:

ü  Mariagerment Skills: Develop comprehensive project management capabilities tailored to the petroleum industry. covering the entire project lifecycle and field development.

ü  Evaluate Projects Using Economic and Financial Metrics: Gain the skills to assess project profitability and feasibility with confidence using tools like NPV, IRR, and cash flow analysis.

ü  Implement Risk Management and Strategic Planning: Understand and apply risk assessment and mitigation strategies to optimize project success

ü  Excel in Team Leadership and Stakeholder Engagement: Hone leadership, communication, and team management skills, equippirng you to lead multidisciplinary teams effectively.

ü  Use Advanced Project Tools and Software: Gain proficiency in tools like MS Project and Primavera, enhancing your ability to manage project timelines.

 

Prerequisites:

For Freshers: Basic knowledge of the oil and gas industry or a strong interest in learning about petroleum project management. For Professionals: Industry experience or a foundational understanding of project management principles.

 

Agendas:

Module 1: Introduction to Project Management in the Petroleum Industry

Module 2: Petroleum Industry Operations & Project Lifecycle

Module 3: Field Development Planning (FDP)

Module 4: Project Planning and Scheduling

Module 5: Petroleum Economics and Financial Modeling

Module 6: Risk Management in Petroleum Projects

Module 7: Cost Estimation and Budgeting

Module 8: Procurement and Contract Management

Module 9: Health, Safety, and Environment (HSE) in Project Management

Module 10: Leadership and Team Management

Module 11: Project Execution and Monitoring

Module 12: Project Closeout and Lessons Learned

 

Final Assessment

Ø  Final Project Presentation: Students present their project plan, including planning, risk management, field development, and cost estimation for a petroleum project.

Ø  Course Completion and Feedback Session

Key Benefits

*     Career-Ready Expertise

*     Hands-On Learning for Real-World Impact

*     Certification for Career Advancement

*     Expanding Industry Network

*     Comprehensive Knowledge of the Project Lifecycle

Frequently Asked Questions (FAQs)

Who is this diploma course for?

It’s ideal for professionals in the oil and gas sector or fresh graduates aiming to pursue project management roles.

What are the prerequisites for joining?

Basic understanding of the oil and gas industry; freshers with an interest in petroleum project management are welcome.

What career paths can this course open for me?

Roles in project management, field development planning, and petroleum economics across the oil and gas sector.

Are there any hands-on activities?

Yes, each module includes case studies, practical exercises, and project simulations.

What is the final assessment?

Students will present a complete petroleum project plan covering all essential project management phases.

What project management tools will I learn?

MS Project, Primavera, and industry-standard tools for scheduling, budgeting, and project monitoring.

Can I pursue this diploma part-time?

Yes, the course is structured to accommodate part-time learners.

Is there a certification upon completion?

Yes, a recognized diploma certificate from Lincoln Professional Academy in Petroleum Project Management will be awarded.

How will this course benefit me as a fresher?

It builds foundational skills in project management, making you job-ready for entry-level roles in petroleum project management.