New Project Management Approach Based on Earned Value and Results 
Williams Chirinos
Description
Statistics show that two out of three projects have difficulties meeting the three successful criteria: delivered on time, with a final actual cost on or below budget, and in full compliance with the requirements.
In this course, you will learn a new approach to implement earned value management (EVM) based on projects results (deliverables and milestones). In the first two days, participants will review the current practices of six project management principles, trends, and new techniques to facilitate the definition of the work scope and to better control the execution of oil and gas projects, in order to increase the probability of success and ROI of your capital projects. On the third day, participants will simulate two case study projects using the trial version of a software application called IPM-Pro (Integrated Project Management Professional), which is provided on a CD to each attendee.
Topics include:
- Project management review
- Enhancement of project performance (Effective integrated approach)
- Principle 1 – Scope definition (work breakdown structure – results based technique)
- Principle 2 – Baseline plan (performance measurement baseline – project work plan)
- Principle 3 – Project performance (earned value – earned schedule)
- Principle 4 – Performance measurement (EVM techniques – reporting)
- Principle 5 – Change management (the triple constraint – re-baseline development)
- Principle 6 – Close-out (lessons learned)
Learning Level
Introductory to intermediate
Course Length
3 Days
Why You Should Attend
This course teaches those working on projects the limitations of current project management practices to define the work scope and control of the execution of projects. Learn the difference between deliverables-milestones-based project planning process and the current activities-tasks-based project planning process. Learn an easy way to define and control the execution of oil and gas projects using a simplified and practical approach of work breakdown structure, earned values, and earned schedule methodologies. Simulate the planning and execution of case study projects using the new integrated project management approach and the trial version of a new software application.
Who Should Attend
This course is for project managers, project sponsors, project engineers, project planners, cost estimators, project controls, discipline leads, construction managers, and project people in general.
Special Requirements
Participants must bring a laptop to this training.
CEUs
2.4 CEUs (Continuing Education Units) will be awarded for this 3-day course.
Cancellation
Policy
To receive a full refund, all cancellations must be received in writing no later than 14 days prior to the course start date. Cancellations made after the 14-day window will not be refunded. Send cancellation requests by email to trainingcourses@spe.org; by fax to +1.866.460.3032 (US) or +1.972.852.9292 (outside US); or mail to SPE Registration, PO Box 833836, Richardson, TX 75083.
For more details, please contact us at trainingcourses@spe.org.
Williams Chirinos, M.Sc., P.Eng., PMP, is president of INEXERTUS, Inc. a project management consulting firm specializing in providing software applications, consulting and training services to implement the latest and most effective project management techniques. He has project management experience and expertise, with more than 20 years’ experience in the oil and gas industry and EPC environments.
Chirinos obtained his Industrial Engineering degree in Venezuela and an MS in petroleum engineering at the University of Tulsa. He is Project Management Professional (PMP) certified and active PMI member since 2006.
Chirinos is an associate editor of Society of Petroleum Engineer’s Oil and Gas Facilities magazine and was a technical editor reviewer from 2005 to 2012. He is also the president at PMI Southern Alberta Chapter Toastmasters Club.
