Setting Up of Project Control Learning Academy in ADNOC

Abstract

The Project portfolio in the Oil & Gas industry across the value chain is quite large. Significant investments are done in complex environments to manage these Portfolio with annual budgets in International Oil Companies and National Oil Companies running into several billions of dollars. There are many challenges managing Projects and one of the key functions that helps in managing Projects is "Project Controls". A Unified Value Assurance Process for Projects in the Upstream Business unit was rolled out in July 2015. Based on the learnings from previous project execution and challenges to manage Project schedules, cost, budgets and risks, it was felt that the knowledge level of the Project Management and Project controls function needs to be raised. It was in this context that an idea to set up a Projects Academy came about. Preliminary evaluation for this academy showed extensive efforts, coordination, involvement of external parties and extended time to get the Project Academy set-up. As a quick win, the upstream business line supported the establishment of a "Project Control Learning Academy" with in-house resources. We will present in this paper how the Project Control Learning Academy was set-up and training being imparted through Human Capital function. We will also address the lessons learnt and the future course of action for enhancing the Academy.