|Code||Start Date||End Date||Location||Cost||Instructor||Register|
|PST0287-201501||20 Apr 2015||24 Apr 2015||Kuala Lumpur, Malaysia||SGD 5995||Richard Slingerland||Register|
Cost Engineering and Risk Management (Day 1 - 3) program will cover the latest techniques and practical methodologies of project cost engineering and risk management to successfully manage project cost and risk, in order to maximize business ROI in the long run. You will gain the combination of unmatched risk analysis skills, cost engineering and thorough knowledge of your project parameters and uncertainties.
Earned Value Management (Day 4 - 5) program will cover the principles, methodologies and industry best practices in Earned Value Management. Using the knowledge to analyze project performance and to provide accurate cost and schedule forecasting, you will be able to contribute to your project’s increased performance and success.
Delegates will be guided through step by step exercises on real oil and gas project case studies
Case study: Factor estimating
Quantity Ratio Estimating
Case study: Quantity ratio estimating
Parametric and Range Estimating
Case study: Detailed estimating
Location Factors and Market Factors
Case study: Analyzing differences between locations and markets
Case study: From estimate to budget
Case study: Earned value analysis
Advanced Project Control
Case study: Advanced project control
Case Study: Project assurance
Risk Analysis Introduction and Definitions
Case study: Setting up a risk analysis model
Case study: Schedule risk analysis
Integrated Cost and Schedule Risk Analysis
Case study: Integrated cost / schedule risk analysis
Definitions, Objectives, Methodologies and Analysis
Definitions and Principles
Case Study: Budget allocation
Case Study: Project baseline and control sheet
Earned Value Analysis
Case Study: Earned Value Analysis
Case Study: Earned Value Monitoring
Case Study: Project Controls Report and Dashboard
Advanced Earned Value Management
Case Study: Advanced Earned Value Management
The course is designed for:
Cost Engineers, Cost Estimators, Cost Controllers, Project Managers, Project Engineers, Project Planners, Finance Managers & Executives.
President, Zick Technologies (Since 10/93).
Petroleum engineering consulting and software development, specializing in the area of reservoir fluid phase behavior modeling. References available on request. Key achievements:
-Developed numerous equation-of-state and black-oil fluid characterizations for various major oil companies and as a sub-contractor for Pera A/S.
-Recommended phase behavior experimentation and modeling guidelines for several major oil companies.
-Wrote PhazeComp, a new, state-of-the-art program from Zick Technologies for equation-of-state phase behavior modeling, reservoir fluid characterization, and the robust, efficient calculation of minimum miscibility conditions.
-Wrote Streamz, unique Petrostreamz A/S software for translating, manipulating, and managing vast quantities of fluid stream information.
-Designed and helped write Pipe-It, unique Petrostreamz A/S software for managing and manipulating petroleum resources, processes, and projects.
-Taught numerous industry courses on phase behavior, equations of state, reservoir fluid characterization, and miscible gas injection processes.
-Designed and helped implement a new set of equation-of-state routines for the in-house reservoir simulator of a major oil company.
-Advised the architects of a major commercial reservoir simulator on ways to significantly improve their equation-of-state routines.
Director of Research, Reservoir Simulation Research Corporation (6/91–10/93).
Responsible for the research and development of more efficient, accurate, and reliable techniques for modeling reservoir fluid phase behavior within MORE® (a fully-compositional, equation-of-state reservoir simulator). Also responsible for improving three-dimensional visualization of reservoir simulator output, and for occasional consulting work. Key achievements:
-Designed and implemented new equation-of-state solution algorithms for MORE®, improving both efficiency and robustness while using less memory.
-Developed a powerful and flexible interface between MORE® and TECPLOT™ (three-dimensional surface contouring software from AMTEC Engineering).
Senior Principal Research Engineer, ARCO Oil and Gas Company (9/83–5/91).
Developed expertise in reservoir fluid phase behavior, phase behavior modeling, compositional reservoir simulation, and relative permeability modeling. Designed and analyzed PVT experiments. Created equation-of-state reservoir fluid characterizations. Developed ARCO’s phase behavior modeling software and relative permeability modeling software. Helped develop several of ARCO’s compositional and limited compositional reservoir simulators. Key achievements:
-Discovered the true, condensing/vaporizing mechanism of oil displacement by enriched hydrocarbon gases.
-Represented ARCO on the Prudhoe Bay co-owners’ Enhanced Oil Recovery Task Force for the Prudhoe Bay Miscible Gas Project.
-Designed and analyzed most of the PVT and slim-tube experiments for the Prudhoe Bay Miscible Gas Project.
-Created the equation-of-state reservoir fluid characterization adopted by the operating companies for the Prudhoe Bay Miscible Gas Project.
-Developed the miscibility pressure correlations used by the facility operators for the Prudhoe Bay Miscible Gas Project.
-Developed EOSPHASE, a then state-of-the-art program for equation-of-state phase behavior modeling, reservoir fluid characterization, and the robust, efficient calculation of minimum miscibility conditions.
-Developed SLIMTUBE, a special-purpose, equation-of-state simulator for slim-tube displacements.
-Developed new, compositionally-consistent, three-phase relative permeability models for ARCO’s compositional simulators and wrote data-fitting software for those models.
-Developed the phase behavior and relative permeability routines for a new, limited compositional reservoir simulator and assisted on other aspects of it.
-Continually added improvements to various in-house reservoir simulators.
-Regularly taught in-house courses on the phase behavior of miscible gas displacement processes.
A. A. Zick, “A Combined Condensing/Vaporizing Mechanism in the Displacement of Oil by Enriched Gases,” presented at the 61st Annual Technical Conference and Exhibition of the Society of Petroleum Engineers, New Orleans, LA (October, 1986).
D. E. Tang and A. A. Zick, “A New Limited Compositional Reservoir Simulator,” presented at the 12th SPE Symposium on Reservoir Simulation, New Orleans, LA (March, 1993).