Effective measures for auditing project performance and controlling projects is the key to any project’s success. In this course, you will discover proven ways to work within your identified constraints, without letting predefined limits curtail creativity and innovation. Our Auditing Project Performance & Project Control course is developed to help you learn the required skillsets to validate your project through auditing the limits of time, human resources, materials, budget, and specifications to ensure project success. This course focuses on the hands-on training and experience, practicing art of auditing your project against the project requirements documents, risk management plans, and budget estimates. You will also learn the best industry practices used to measure the triple constraints of project management and risk that ensure project success and techniques for estimating and forecasting future performance of your project.

1. Supported By
PETROSYNC’S COST ENGINEERING & PROJECT MANAGEMENT
Your Key To Project Success by Ensuring Project is within Budget and Allocated Time
12 October —15 October 2015
Bangkok, Thailand
AUDITINGPROJECTPERFORMANCE
&PROJECTCONTROL

2. 2
Our Auditing Project Performance & Project Control course is developed to help you learn the
required skillsets to validate your project through auditing the limits of time, human
resources, materials, budget, and specifications to ensure project success.
COST ENGINEERING & PROJECT MANAGEMENT | AUDITING PROJECT PERFORMANCE & PROJECT CONTROL
How Does This Course Benefits You?
Success Criteria Development
-Do you know how to determine "success criteria" for
project audit?
Pinpoint Critical Criteria in Capital Projects Evaluation
Master the critical criteria in project evaluation by learning the causes of variances & program
evaluation and review technique (PERT) to ensure better evaluation and management in
projects.
Evaluate the Strengths and Weaknesses in Projects
Attain best skills in evaluating strengths and weaknesses in projects by learning the triple
constraints of project performance and effective measures in auditing project performance.
Adopt Consistent Process for Accessing Project Risk
Handle project risk by adopting consistent process by learning the risk analysis approaches to
minimize the risk and to ensure success in project
Master Ways to Recover Troubled Projects
Master the skills in recovering troubled projects by identifying the change within the project
and determining the risk tolerances and learning the alternative constraints in managing.
Gain best-in-industry practices and benchmarks to ensure project success
Learn the best practices and benchmarks in auditing project performance by practising to
measure the triple constraints of project management and risk that ensure project success.
Development of "Lessons Learned" on the project
- Do you know this can help improve project performance?
Effective measures for auditing project performance and controlling projects is the key to
any project’s success. In this course, you will discover proven ways to work within your
identified constraints, without letting predefined limits curtail creativity and innovation.
general@petrosync.com | +65 6451 4500 | www.petrosync.com
Course Overview
Course Design
This course focuses on the hands-on training and experience, practicing art of auditing your
project against the project requirements documents, risk management plans, and budget
estimates.
Includes Specific and Practical Case Studies
You will also learn the best industry practices used to measure the triple constraints of
project management and risk that ensure project success and techniques for estimating and
forecasting future performance of your project.

3. 3
COST ENGINEERING & PROJECT MANAGEMENT | AUDITING PROJECT PERFORMANCE & PROJECT CONTROL
PetroSync Distinguished Instructor
Who Needs This Program
Practical & Consulting
Over 23 years in project audit and management and was a
Master Business Analyst. His experience includes several multi-
million dollar international projects.
Training
Has delivered this course in several oil & gas companies, and it
has been well-rated from the past attendees.
Regional
Clientele base is from the SEAsian region, as well as in EU, and
AUS
Awards
 PMI Project Management Professional (PMP)
Mr. William H. Volpé III
PMP, CET, GWCPM,
GWCBA.
President & CEO
The Volpe Consortium,
Inc.
 People involved in Project Auditing and Management., Project & Cost Control, Internal
Audit, Risk Management, Project Planning, Project Quality Assurance & Process
Improvement
Job Titles Include:
Project Auditor
Financial Controller
Project Controller
Contract Engineers
Project Planner
Project Manager
Schedule Control Engineers
Project Engineers
PetroSync Inhouse Solutions
PetroSync can tailor our courses to meet your specific
needs at your preferred location and schedule. Contact us
for more information at +65 6415 4500 or email to
general @petrosync.com
PetroSync Quality Assurance
All PetroSync courses are developed with top quality to
address all your training needs and purposes. Our courses
are vetted strictly to ensure that we always deliver the best
courses with the best industry expert.
general@petrosync.com | +65 6451 4500 | www.petrosync.com
08:00—09:00 Registration (Day 1) 13:00—14:00 Lunch
09:00—11:00 Session I 14:00—15:30 Session III
11:00—11.15 Refreshment Session I 15:30—15:45 Refreshment Session II
11:15—13:00 Session II 15:45—17:00 Session Iv (Last Session)
Course Schedule

4. 4
COST ENGINEERING & PROJECT MANAGEMENT | AUDITING PROJECT PERFORMANCE & PROJECT CONTROL
DAY 1
Assessing Team Health During a Project Audit
Leadership and Management
 What is leadership?
 The difference between leadership and management
 Articulate your leadership vision, in light of the
assessment, and consider the best way(s) to realize it
 Processes for establishing direction, aligning people, and
motivating people to follow your vision
 Identifying different leadership styles
Leading Effective Teams
 What is a team?
 The stages of team development
 Forming/Storming/Norming/Performing/Adjourning
 Leading & maintaining effective, productive teams
DAY 2
Project Management Governance
 Projct management life-cycle and governance
 Reviews vs. Audits
 Planning tools
 The triple constraints and stakeholder management
 Discussion: Project Requirements Document
 Discussion: Work Breakdown Structure (WBS)
Estimating for Scheduling & Cost Control
 Using estimates for scheduling and cost control
 The estimating guideline
 Levels of estimating and estimate types
Top-down vs. bottom-up
Order of magnitude
Budget
Definitive
 Four estimating methodologies
Bottom-up
Parametric
Supplier bids
Analogous
Resource Allocation & Estimating
 Cost types and categories
 Identify controllable costs
Resource
Material
Direct
Indirect
 Program Evaluation and Review Technique (PERT) -
Planning and controlling risk with contingency
 Building the project resource pool
Using resources to build estimates
The responsibility matrix
 Time-controlled estimates
 Resource-limited estimates
Course Agenda — 4 Days
DAY 3
Scheduling - Part 2
 Basic scheduling and network calculations
 Exercises: Build a complex scheduling network
 Advanced precedence relationships and the critical path
 Alternative constraints
 Gantt and milestone charts
The Baseline and Cost Curves
 Establishing baselines
 Understanding types of baselines
 Time-phased distribution of costs
 Cumulative cost curves—Presenting Project Health

Managing Change Within The Project
 The process of control
 Earned Value Management (EVM) - Objective assessment
of variance and performance
 Identifying sources of change
 Screening change
 Updating the project plan
 Communicating change
Project Evaluation and Forecasting
 Causes of variances
 Establishing the “data date” for evaluation
 Controlling costs late in the project
 Controlling schedule late in the project
Register For This Course Now!
Kindly fill up your particulars in the
registration form placed at the end of this
brochure, and send it to us or email to
registration@petrosync.com
general@petrosync.com | +65 6451 4500 | www.petrosync.com
DAY 2 (Continued)
Scheduling - Part 1
 Scheduling network
 Validating schedules
 Basic project activities relationships—Arrow diagrams
 Exercises: Precedence diagrams process

5. 5
COST ENGINEERING & PROJECT MANAGEMENT | AUDITING PROJECT PERFORMANCE & PROJECT CONTROL
Project Audit and Earned-Value Forecasting
 Critical components of the project audit
 Sample project audit process
 Considerations in establishing a monitoring system
 Exercises: Earned-value forecasting
 Advanced earned-value forecasting tools
Analysis Fundamentals
 Risk probability and impact
 Presenting risk
 Risk analysis approaches
Qualitative
Quantitative
Descriptive
 Estimating methods and idea-generation tools
Analogy techniques
Checklists, Questionnaires, and Templates
Expert interview
Delphi technique
Brainstorming
Nominal group technique
Crawford slip method
SWOT analysis
Prototyping
Affinity Digramming
Impact Analysis and Risk Assessment
 Determining risk tolerances
 Analyzing risks
 Impact anlaysis
Project cost impacts
Project schedule impacts
Project scope impacts
 Risk assessment matrix
Analyzing and Prioritizing Risk
 Risk-based financial tools and techniques
 Expected-value analysis
 Decision trees
DAY 4
Register For This Course Now!
Kindly fill up your particulars in the
registration form placed at the end of this
brochure, and send it to us or email to
registration@petrosync.com
general@petrosync.com | +65 6451 4500 | www.petrosync.com
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28 Sept-1 Oct 2015 | Kuala Lumpur, Malaysia

6. 6
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All bank charges to be borne by payer. Please ensure that PetroSync Global Pte Ltd receives the full invoiced
amount.
Title : Auditing Project Performance & Project Control
Date : 12-15 October, 2015
Location : Bangkok, Thailand
COURSE DETAILS
INVESTMENT PACKAGE DATELINE FULL MASTERCLASS
Standard Price 9 October 2015 USD 3,595
Early Bird Offer 17 July 2015 USD 3,395
Group Discount
(3 or more Delegates)
9 October 2015 USD 3,295
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Name : Cay Aagen
Email : registration@petrosync.com
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Fax : +65 6415 4322
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necessitate substitutions, alterations or cancellations
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