MARINE PROJECTS AND CONTRACTS

MARINE PROJECTS AND CONTRACTS

Objectives:

This course is exclusively developed for professionals engaged in multiple disciplines across niche segments of the Offshore & Marine Rig-building & FPS Conversion industry.

Participants will be able to learn from real life experiences and be equipped for managing the challenges ahead through this intensive course, covering:

• Overview of Offshore & Marine Projects for Conversion of Tankers, Drill Ships and Rigs
• Project Risks Identification, Evaluation and Mitigation Strategies
• Conducting Hazop Studies in E & P Projects
• Impact of Project Risks on Corporate Performance
• Project and Risk Management Framework
• Project Organization Structures
• Commercial and Contractual Risks in High Value Complex Projects Contracts Breakdown Structures and Works Breakdown Structures v
• Financing and Cash Flow Management
• Risks Monitoring and Management Controls
• Incidents Prevention and Consequences Management
• Project Resource Planning
• Human Resource Competencies
• Cross Functional Teams and Distributed Works Management
• Responsibility Assignment Matrix

Course contents:

INTRODUCTION TO ADVANCED CONCEPTS OF PROJECT MANAGEMENT

• Setting Objectives
• Business Processes in a Projects
• Networks of Interdependent Activities
• Phases and Interfacing Approaches
• Project Planning Techniques
• Scheduling and Resource Allocation Methods
• Synchronizing Contract and Project Management

OVERVIEW OF PROJECT SCOPE IN OFFSHORE VESSELS AND TANKER SHIPS, AS OWNERS

• Rig Repair Projects
•  Shipbuilding Projects
•  FPSO and FSO Conversion Projects
•  OSV’s like Anchor Handling, Supply, Towing and Seismic Survey Vessels
•  Development of Contract Packages in E & P Projects and Distribution across the Supply Chain
•  Modules, Skids and Structural Fabrications
• Typical Forms of Contracts with Shipyard

PROJECTS & RISKS MANAGEMENT FRAMEWORK

• Steering Committee and its Role
• Global Projects Management Office – Projects Directorate
• Comparative view of Matrix, Hybrid and Project Team Structures
• Communication, Controls and Audit Channels
• Risk Based Planning & Scheduling Systems
• Use of ERP and ICT in Optimization of Resources

CHANGE ORDERS AND VARIATIONS MANAGEMENT

• Change Order System
• Additional Orders
•  Variations
•  Verbal Instructions and Consequences
•  Delays and Disputes due to Change Orders

FORENSIC ANALYSIS IN PROJECT MANAGEMENT

• Schedule Analyzer Program
• Post Delay Causation Analysis
• Budgets and Variance Analysis
•  Principles of Cost and Works Engineering
•  Validation of Baseline, Updates and As-built Schedules

PROJECT RESOURCE PLANNING FOR A FPS CONVERSION PROJECT

• Human Resource Competencies
• 3D Model - Alignment of OBS, WBS and RAM
• Milestones Network and Options for Conflict Resolution
• Use of Constraint Programming for Optimization
• Cross-Functional Teams
• Support Services

RISK EVALUATION, MANAGEMENT AND MITIGATION STRATEGIES

• Unique Risks
• Economic Risks – Local & Global Markets
• Political Risks
• Evaluation of Environmental Risks & HAZOP Studies
• Contingency Planning

PERFORMANCE MONITORING AND CONTROLS

• Managing Parallelogram of Project Stages through Interdependency and Milestone Management
• Cash Flow Envelope Diagram
• Pyramid of PEM (Performance Evaluation Metrics)
•  Earned Value and Financial Ratios
•  QHSE Statistics
•  Global view of Productivity Indicators (PI)

FAMILIARIZATION WITH CONTRACT LAWS AND LEGAL PRINCIPLES

• Which and How Many Laws are Applicable to an International Project?
• Choice of Applicable Laws
• Contract Formation, Execution and Completion
• Breaches of Contract, Types of Breaches and Consequences of a Breach
• Laws Applicable for Redress and Dispute Resolution

Who Should Attend?

 This course is specially developed for professionals engaged in the Offshore & Marine industry including Rig builders, FPS Operators & Owners, Rig Owners, Ship Conversion Yards and E & P Contractors.  As well as Projects Director, General Manager, Commercial Manager, Business Development and Sales Manager, Senior Projects and Contracts Manager, Fleet Manager, Marine & Technical Superintendent, Senior Engineer or Middle level Manager marked for Succession Planning.