Effective measures for auditing project performance and controlling projects is the key to any project’s success. In this course, you will discover proven ways to work within your identified constraints, without letting predefined limits curtail creativity and innovation.
Our Auditing Project Performance & Project Control course is developed to help you learn the required skillsets to validate your project through auditing the limits of time, human resources, materials, budget, and specifications to ensure project success.
This course focuses on the hands-on training and experience, practicing art of auditing your project against the project requirements documents, risk management plans, and budget estimates.
You will also learn the best industry practices used to measure the triple constraints of project management and risk that ensure project success and techniques for estimating and forecasting future performance of your project.
PetroSync - Auditing Project Performance & Project Control
1. Supported By
PETROSYNC’S COST ENGINEERING & PROJECT MANAGEMENT
Your Key To Project Success by Ensuring Project is within Budget and Allocated Time
12 October —15 October 2015
Bangkok, Thailand
AUDITINGPROJECTPERFORMANCE
&PROJECTCONTROL
2. 2
Our Auditing Project Performance & Project Control course is developed to help you learn the
required skillsets to validate your project through auditing the limits of time, human
resources, materials, budget, and specifications to ensure project success.
COST ENGINEERING & PROJECT MANAGEMENT | AUDITING PROJECT PERFORMANCE & PROJECT CONTROL
How Does This Course Benefits You?
Success Criteria Development
-Do you know how to determine "success criteria" for
project audit?
Pinpoint Critical Criteria in Capital Projects Evaluation
Master the critical criteria in project evaluation by learning the causes of variances & program
evaluation and review technique (PERT) to ensure better evaluation and management in
projects.
Evaluate the Strengths and Weaknesses in Projects
Attain best skills in evaluating strengths and weaknesses in projects by learning the triple
constraints of project performance and effective measures in auditing project performance.
Adopt Consistent Process for Accessing Project Risk
Handle project risk by adopting consistent process by learning the risk analysis approaches to
minimize the risk and to ensure success in project
Master Ways to Recover Troubled Projects
Master the skills in recovering troubled projects by identifying the change within the project
and determining the risk tolerances and learning the alternative constraints in managing.
Gain best-in-industry practices and benchmarks to ensure project success
Learn the best practices and benchmarks in auditing project performance by practising to
measure the triple constraints of project management and risk that ensure project success.
Development of "Lessons Learned" on the project
- Do you know this can help improve project performance?
Effective measures for auditing project performance and controlling projects is the key to
any project’s success. In this course, you will discover proven ways to work within your
identified constraints, without letting predefined limits curtail creativity and innovation.
general@petrosync.com | +65 6451 4500 | www.petrosync.com
Course Overview
Course Design
This course focuses on the hands-on training and experience, practicing art of auditing your
project against the project requirements documents, risk management plans, and budget
estimates.
Includes Specific and Practical Case Studies
You will also learn the best industry practices used to measure the triple constraints of
project management and risk that ensure project success and techniques for estimating and
forecasting future performance of your project.
3. 3
COST ENGINEERING & PROJECT MANAGEMENT | AUDITING PROJECT PERFORMANCE & PROJECT CONTROL
PetroSync Distinguished Instructor
Who Needs This Program
Practical & Consulting
Over 23 years in project audit and management and was a
Master Business Analyst. His experience includes several multi-
million dollar international projects.
Training
Has delivered this course in several oil & gas companies, and it
has been well-rated from the past attendees.
Regional
Clientele base is from the SEAsian region, as well as in EU, and
AUS
Awards
PMI Project Management Professional (PMP)
Mr. William H. Volpé III
PMP, CET, GWCPM,
GWCBA.
President & CEO
The Volpe Consortium,
Inc.
People involved in Project Auditing and Management., Project & Cost Control, Internal
Audit, Risk Management, Project Planning, Project Quality Assurance & Process
Improvement
Job Titles Include:
Project Auditor
Financial Controller
Project Controller
Contract Engineers
Project Planner
Project Manager
Schedule Control Engineers
Project Engineers
PetroSync Inhouse Solutions
PetroSync can tailor our courses to meet your specific
needs at your preferred location and schedule. Contact us
for more information at +65 6415 4500 or email to
general @petrosync.com
PetroSync Quality Assurance
All PetroSync courses are developed with top quality to
address all your training needs and purposes. Our courses
are vetted strictly to ensure that we always deliver the best
courses with the best industry expert.
general@petrosync.com | +65 6451 4500 | www.petrosync.com
08:00—09:00 Registration (Day 1) 13:00—14:00 Lunch
09:00—11:00 Session I 14:00—15:30 Session III
11:00—11.15 Refreshment Session I 15:30—15:45 Refreshment Session II
11:15—13:00 Session II 15:45—17:00 Session Iv (Last Session)
Course Schedule
4. 4
COST ENGINEERING & PROJECT MANAGEMENT | AUDITING PROJECT PERFORMANCE & PROJECT CONTROL
DAY 1
Assessing Team Health During a Project Audit
Leadership and Management
What is leadership?
The difference between leadership and management
Articulate your leadership vision, in light of the
assessment, and consider the best way(s) to realize it
Processes for establishing direction, aligning people, and
motivating people to follow your vision
Identifying different leadership styles
Leading Effective Teams
What is a team?
The stages of team development
Forming/Storming/Norming/Performing/Adjourning
Leading & maintaining effective, productive teams
DAY 2
Project Management Governance
Projct management life-cycle and governance
Reviews vs. Audits
Planning tools
The triple constraints and stakeholder management
Discussion: Project Requirements Document
Discussion: Work Breakdown Structure (WBS)
Estimating for Scheduling & Cost Control
Using estimates for scheduling and cost control
The estimating guideline
Levels of estimating and estimate types
Top-down vs. bottom-up
Order of magnitude
Budget
Definitive
Four estimating methodologies
Bottom-up
Parametric
Supplier bids
Analogous
Resource Allocation & Estimating
Cost types and categories
Identify controllable costs
Resource
Material
Direct
Indirect
Program Evaluation and Review Technique (PERT) -
Planning and controlling risk with contingency
Building the project resource pool
Using resources to build estimates
The responsibility matrix
Time-controlled estimates
Resource-limited estimates
Course Agenda — 4 Days
DAY 3
Scheduling - Part 2
Basic scheduling and network calculations
Exercises: Build a complex scheduling network
Advanced precedence relationships and the critical path
Alternative constraints
Gantt and milestone charts
The Baseline and Cost Curves
Establishing baselines
Understanding types of baselines
Time-phased distribution of costs
Cumulative cost curves—Presenting Project Health
Managing Change Within The Project
The process of control
Earned Value Management (EVM) - Objective assessment
of variance and performance
Identifying sources of change
Screening change
Updating the project plan
Communicating change
Project Evaluation and Forecasting
Causes of variances
Establishing the “data date” for evaluation
Controlling costs late in the project
Controlling schedule late in the project
Register For This Course Now!
Kindly fill up your particulars in the
registration form placed at the end of this
brochure, and send it to us or email to
registration@petrosync.com
general@petrosync.com | +65 6451 4500 | www.petrosync.com
DAY 2 (Continued)
Scheduling - Part 1
Scheduling network
Validating schedules
Basic project activities relationships—Arrow diagrams
Exercises: Precedence diagrams process
5. 5
COST ENGINEERING & PROJECT MANAGEMENT | AUDITING PROJECT PERFORMANCE & PROJECT CONTROL
Project Audit and Earned-Value Forecasting
Critical components of the project audit
Sample project audit process
Considerations in establishing a monitoring system
Exercises: Earned-value forecasting
Advanced earned-value forecasting tools
Analysis Fundamentals
Risk probability and impact
Presenting risk
Risk analysis approaches
Qualitative
Quantitative
Descriptive
Estimating methods and idea-generation tools
Analogy techniques
Checklists, Questionnaires, and Templates
Expert interview
Delphi technique
Brainstorming
Nominal group technique
Crawford slip method
SWOT analysis
Prototyping
Affinity Digramming
Impact Analysis and Risk Assessment
Determining risk tolerances
Analyzing risks
Impact anlaysis
Project cost impacts
Project schedule impacts
Project scope impacts
Risk assessment matrix
Analyzing and Prioritizing Risk
Risk-based financial tools and techniques
Expected-value analysis
Decision trees
DAY 4
Register For This Course Now!
Kindly fill up your particulars in the
registration form placed at the end of this
brochure, and send it to us or email to
registration@petrosync.com
general@petrosync.com | +65 6451 4500 | www.petrosync.com
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Analysis & Modeling for Cost, Economics & Risk
27-29 July 2015 | Kuala Lumpur, Malaysia
Successful Project Cost Estimation & Control
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28 Sept-1 Oct 2015 | Kuala Lumpur, Malaysia
6. 6
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Bank Address: 12 Marina Boulevard, Level 3. Marina Bay Financial Centre Tower 3. Singapore 018982.
All bank charges to be borne by payer. Please ensure that PetroSync Global Pte Ltd receives the full invoiced
amount.
Title : Auditing Project Performance & Project Control
Date : 12-15 October, 2015
Location : Bangkok, Thailand
COURSE DETAILS
INVESTMENT PACKAGE DATELINE FULL MASTERCLASS
Standard Price 9 October 2015 USD 3,595
Early Bird Offer 17 July 2015 USD 3,395
Group Discount
(3 or more Delegates)
9 October 2015 USD 3,295
INVESTMENT PACKAGES (Please Circle)
Group Discount is based on Standard Price
*To enjoy the promotion & discount offer, payment must be made before dateline
* For 7 or more delegates, please inquire for more attractive package.
* Prices include lunches, refreshments and materials. Promotion & discount cannot be combined with other
promotional offers.
* Important: Please note that registration without payment will incur a SGD 200 administration fee.
COURSE CONSULTANT
Name : Cay Aagen
Email : registration@petrosync.com
Phone : +65 6415 4500
Fax : +65 6415 4322
TERMS AND CONDITIONS
DISCLAIMER
Please note that trainers and topics were confirmed at
the time of publishing; however, PetroSync may
necessitate substitutions, alterations or cancellations
of the trainers or topics. As such, PetroSync reserves
the right to change or cancel any part of its published
courseme due to unforeseen circumstances. Any
substitutions or alterations will be updated on our web
page as soon as possible.
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relevant products and services. As an international
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CANCELLATION POLICY
You may substitute delegates at any time as long as
reasonable advance notice is given to PetroSync. For
any cancellation received in writing not less than
fourteen (14) working days prior to the training
course, you will receive credit voucher less a SGD $200
administration fee and any related bank or credit card
charges.
Delegates who cancel less than fourteen (14) working
days of the training course, or who do not attend the
course, are liable to pay the full course fee and no
refunds will be granted.
In the event that PetroSync cancels or postpones an
event for any reason and that the delegate is unable or
unwilling to attend in on the rescheduled date, you will
receive a credit voucher for 100% of the contract fee
paid. You may use this credit voucher for another
PetroSync to be mutually agreed with PetroSync,
which must occur within a year from the date of
postponement.
PetroSync is not responsible for any loss or damage as
a result of the cancellation policy. PetroSync will
assume no liability whatsoever in the event this event
is cancelled, rescheduled or postponed due to any Act
of God, fire, act of government or state, war, civil
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