Describe the item or answer the question so that site visitors who are interested get more information. You can emphasize this text with bullets, italics, or bold, and add links.

Describe the item or answer the question so that site visitors who are interested get more information. You can emphasize this text with bullets, italics, or bold, and add links.

Describe the item or answer the question so that site visitors who are interested get more information. You can emphasize this text with bullets, italics, or bold, and add links.

At the end of this module,  you should be able to:

1. Define in one’s own words a project.
2. Define project management.
3. Explain the differences between projects and operations.
4. Define a capital value project.
5. List the characteristics of a capital value project.
6. Discuss the characteristics of a successful capital value project.
7. Discuss why capital value projects fail so often.
8. Explain the role of projects in implementing business strategy.
9. Discuss the strategic context of a project.
10. Discuss the elements of an integrated project management system.
11. Explain the project life cycle and the concepts of rolling wave planning and progressive elaboration.
12. Discuss the core elements of a capital value project: phases, phase-gate reviews, decision support package, front-end loading (FEL), and project management roles and responsibilities.
13. Explain the product life cycle.
14. Discuss the project management life cycle.

At the end of this module, you should be able to:

Identify Phase - Overview

1. List the identify phase objectives, activities, and deliverables. 

Framing the Project Opportunity

1. Describe the road map for the identify and select phases.
2. Describe the framing workshop.
3. Describe the tools used in a framing workshop in identify phase.
4. Explain the benefit of using a multi-discipline team to frame the business case and select business opportunities.
5. Explain the project management team’s role in defining and selecting business opportunities.
6. Define business goals, business strategy, and business objectives.
7. Define critical interfaces for effectively framing an opportunity.
8. List the significant threats in identify and select phases.

Engineering Management

1. Discuss the role of engineering on a project.
2. Discuss the elements of engineering for value
3. Define value-improving practices (VIPs).
4. Explain the importance of VIPs.
5. Identify the recommended VIPs for use within the FEL phases.
6. Discuss the technology qualification assurance process.
7. Discuss sources of value of standardization.

Risk Management

1. Define risk management.
2. Define what is meant by threat, opportunity, and uncertainty.
3. Describe the risk management processes.
4. Examine the contents of a typical risk register.
5. Describe risk management key roles and responsibilities.
6. Examine the outline of a risk management plan.
7. Write a risk statement using cause(s), event, and consequence(s).
8. Use a risk breakdown structure.
9. Identify tools and techniques used to identify risks (generic and industry-specific).

Cost Estimating and Scheduling

1. Recognize the critical drivers of projects and associated estimates.
2. Explain the value of a realistic estimate and the estimating process.
3. Discuss the importance of setting expectations in early phases by communicating the basis of an estimate, its type, uncertainty, and ranges.
4. Describe the use of schedules to plan, forecast, and control project activities.
5. Describe schedule levels and their use in projects.

Project Execution Planning

1. Describe the value of project execution planning and the role of the project execution plan (PEP). 
2. Recognize the importance of having a written PEP that evolves through the project lifecycle. 
3. Examine the typical contents of the PEP. 
4. Articulate PEP ownership and responsibilities across the project.
5. Describe the tools used in developing and controlling the PEP.

At the end of this module,  you should be able to:

Select Phase - Overview

1. List the select phase objectives, activities, and deliverables. 

Select Development Option (Alternatives) 

1. Describe the concept selection process.
2. Describe the tools used in a framing workshop in the select phase.
3. Discuss the critical success factors for making effective decisions.

Engineering Management 

1. Discuss the basis of the design (BoD) document.

Project Assurance 

1. Define project assurance (PA).
2. List objectives of PA.
3. Discuss how organizations implement PA on a project.
4. Describe the design hazard management (DHM) process.
5. Define project health, safety, security, environment Review (PHSSER).
6. Describe the scope of each of the seven potential PHSSERs.

Risk Management

1. Discuss risk ratings and the probability impact grid.
2. Explain the probability impact matrix.

Cost Estimating and Scheduling

1. Define a work breakdown structure (WBS) and how its in planning.
2. Define a work package and a WBS dictionary.
3. List the benefits of using a WBS.
4. Describe the role of the work breakdown structure in planning, executing, monitoring, controlling, and closing the project.
5. Discuss IPA (www.ipaglobal.com) findings on accelerating mega projects beyond their natural pace.

Stakeholder Management

1. Define stakeholder management.
2. Discuss the value of stakeholder management planning. 
3. Discuss the process for developing a stakeholder engagement plan. 
4. Discuss the contents of the stakeholder engagement plan.

Contracting and Procurement Strategy

1. Define contracting and procurement strategy.
2. Discuss the importance of contracting and procurement strategy.
3. Describe the contracting and procurement strategy development process.
4. Define the components of a contracting and procurement strategy.
5. Discuss contracting approaches.
6. Discuss the relationship between types of contracts and project outcomes.
7. List the critical issues in contracting and procurement strategy.
8. Discuss the role of external financing in the contract approach.
9. Discuss the attributes that the customer looks for in engineering, procurement, construction (EPC) contractor.
10. Discuss what drives success and failure in EPC lump-sum contracts.

Health, Safety, Security, and Environment

1. Provide a typical process for developing and implementing health, safety, security, and environmental management system (HSSE MS) in capital Projects.
2. Define the commitments of HSSE leadership in the execution and delivery of capital projects.
3. Define HSSE excellence in terms of the required HSSE MS activities in projects and international best practice requirements.

At the end of this module, you should be able to:

Define Phase - Overview

1. List the define phase objectives, activities, and deliverables. 

Quality Management

1. Define quality.
2. List quality management principles.
3. Identify project quality management processes.
4. Discuss quality management in projects.
5. Discuss the importance of a project quality management plan.

Engineering Management

1. Discuss the role of the owner’s engineering team.
2. Discuss the roles and responsibilities of the engineering contractor’s team.
3. List examples of contents of front-end engineering design (FEED) and BoD by the end of the define phase.
4. Discuss the critical elements that impact the integrity of an asset.
5. Describe typical management of change (MoC) process.

Risk Management

1. Describe the strategies for responding to negative and positive risks.
2. Perform a risk register update.
3. Build responses into the PEP.

Cost Estimating and Scheduling

1. List the reasons for conducting schedule and cost risk analysis.
2. Describe the schedule and cost risk analysis processes.
3. List and describe the components of a capital project cost estimate.
4. Examine and interpret typical reports generated by a schedule and cost risk analysis software.

Contractor Registration, Prequalification, Evaluation, and Selection

1. Describe the Contractor Registration, Prequalification, Evaluation, and Selection process.
2. System Completion Process and Operational Readiness
3. Define operational readiness.
4. Define the system completion process (SCP).
5. Define SCP planning and SCP execution.
6. List SCP activities by project phases.

At the end of this module, you should be able to:

Execute Phase - Overview

1. List the execute phase objectives, activities, and deliverables. 

Engineering Management

1. Define detailed engineering.
2. Describe the detailed engineering process.
3. Discuss the roles of the owner’s engineering team in Execute phase. 
4. Discuss the roles and responsibilities of the engineering contractor in Execute phase.

Risk Management

1. Discuss tracking and monitoring existing threats and opportunities and residual threats and opportunities, and identification of new threats or opportunities.
2. Identify and describe types of risk management reports typically produced and submitted for stakeholder review.
3. Discuss closing threat and opportunity events or transitioning primarily threats to operational responsibility or opportunities to operations responsibility (usually business opportunities).

Contract Management and Administration

1. Describe the contract management and administration process.
2. List contract administration good practices.
3. List different types of claims.
4. Identify actions that the owner’s project team can take to mitigate claims.

No project management experience is required. 

The content and concepts are very similar. We designed the on-demand class to be suitable for a digital, self-study format.

At the end of this course, you will receive: 

• 40 hours of content,
• a printable student guide, 
• interactive video lessons with personalized navigation,
• instructor email support,
• a student discussion board where you can engage and chat with other students,
• interactive games, 
• Interactive learning assessments, and
• practice exams.

When we receive the payment, you will receive an email from INDENTRA LTD. with all the links and information you need to get started.

Once you enroll in the course, INDENTRA LTD will send you an email with the specific details and dates.

At any time, you may call or email our customer service team for assistance in enrolling in the event date of your choice. Alternatively, you can choose to use the online scheduling feature.