In the face of staggering global statistics on the inability to successfully engage in project management in the ever-competitive oil and gas industry, ESI International, the project management training company, has released a Point of View paper simplifying steps to ensure effective project management. The paper, Successfully Navigating the Oil & Gas Landscape, outlines how efficient project management training can contribute to project success.
Today, oil and gas projects have transformed into mega projects with longer lead times. On the downside, it has been observed that the execution time has prolonged, resulting in cost overruns to a considerable extent. By their very nature, mega projects are complex and technologically demanding. They have highly difficult and risky execution procedures and require a sound project management process.