Project Management for Capital Projects

Project Management for Capital Projects

This comprehensive 3-day course offers an in-depth exploration of best practices for managing capital projects across their entire lifecycle. The program provides a robust framework for understanding and implementing key project management concepts, tools, and techniques.

The curriculum begins by addressing common pitfalls in capital projects and introduces essential governance structures to ensure project success. Participants will learn how to effectively use stage gate processes, develop comprehensive project charters, and create aligned project frames that set the foundation for successful execution. The course emphasizes the importance of stakeholder management, integrated project teams, and effective communication strategies as cornerstones of project success.

As the program progresses, attendees will delve into critical aspects of project planning and execution, including concept selection, value improving practices, and the development of a solid basis of design. Practical sessions cover essential project management tools such as work breakdown structures, change management processes, and risk management strategies. The course also addresses the crucial areas of cost estimation, schedule management, and progress measurement, providing participants with the skills to effectively control and report on project performance.

The final day focuses on the execution and closure phases of capital projects, covering topics such as procurement management, contracting strategies, and effective contractor oversight. Participants will learn how to develop robust execution plans, manage interfaces between various project elements, and ensure smooth commissioning and startup. The course concludes with an exploration of emotional intelligence in project management, highlighting its importance in leading complex capital projects to successful completion.

Throughout the program, participants will engage in practical exercises, case studies, and discussions, allowing them to immediately apply the concepts learned to real-world scenarios. By the end of the course, attendees will have a comprehensive toolkit of project management skills and strategies specifically tailored to the unique challenges of capital projects.

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Instructor was very knowledgeable and the course has relevant information that applied to CRC and our industry."

What you will learn:

  • Master the use of the Project Frame tool to align stakeholders on project scope, objectives, and facility type early in the project lifecycle, setting a strong foundation for project success.
  • Understand and apply Value Improving Practices (VIPs) to potentially reduce project costs by up to 10% and accelerate schedules by up to 12%.
  • Develop proficiency in Interface Management techniques to effectively coordinate work and information transfer between vendors, contractors, and other project stakeholders.
  • Learn how to create and implement a robust Construction Management plan that minimizes last-minute emergencies and ensures smooth project execution.
  • Explore the concept of Emotional Intelligence in project management, including its correlation with project success, life success, and lifetime earnings, and learn how to apply these insights to enhance leadership effectiveness.

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Get this course customized to meet the unique learning needs of your team at a date and location convenient for you.

To learn more about this cost-effective training solution, WhatsApp us or email info@asiaedge.net to find out how.


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