The changing role of modern project management
In recent times, declining oil prices have given rise to a drop in the level of activity in both major and emerging African oil and gas markets, including Nigeria, the continent’s biggest oil producer. Consequently, industry operators are facing challenging times as reflected in reductions in headcount and other cost-cutting measures that are being implemented across the industry. Nevertheless, exciting opportunities including megaprojects in the area of oil and gas infrastructure development and new foreign direct investment inflows lie ahead. With this in mind, stakeholders throughout the oil and gas value chain are taking the time to reorganise their processes in a bid to position themselves to compete in a revitalised market. With plans for the implementation of large scale projects ahead, industry operators realise that they cannot afford to bring average talent to the game if they want to remain competitive. According to a report by PwC, stakeholders rate people skills and skills retention as the second most likely factor to impact business in the industry over the next three years, ahead of instability and unstoppable political events.
The revolution in the industry underscores the need for the continuous …show more content…
An online programme like the project management programme with the University of Roehampton, London Online can help Nigerians working in the oil and gas sector to become more familiar with working with people from other countries and cultures, encourage critical thinking and build a more holistic understanding of the issues the sector faces. The university’s project management education also makes people more employable as they are more likely to be considered for bids and can demonstrate that they understand best practice to run
In recent times, declining oil prices have given rise to a drop in the level of activity in both major and emerging African oil and gas markets, including Nigeria, the continent’s biggest oil producer. Consequently, industry operators are facing challenging times as reflected in reductions in headcount and other cost-cutting measures that are being implemented across the industry. Nevertheless, exciting opportunities including megaprojects in the area of oil and gas infrastructure development and new foreign direct investment inflows lie ahead. With this in mind, stakeholders throughout the oil and gas value chain are taking the time to reorganise their processes in a bid to position themselves to compete in a revitalised market. With plans for the implementation of large scale projects ahead, industry operators realise that they cannot afford to bring average talent to the game if they want to remain competitive. According to a report by PwC, stakeholders rate people skills and skills retention as the second most likely factor to impact business in the industry over the next three years, ahead of instability and unstoppable political events.
The revolution in the industry underscores the need for the continuous …show more content…
An online programme like the project management programme with the University of Roehampton, London Online can help Nigerians working in the oil and gas sector to become more familiar with working with people from other countries and cultures, encourage critical thinking and build a more holistic understanding of the issues the sector faces. The university’s project management education also makes people more employable as they are more likely to be considered for bids and can demonstrate that they understand best practice to run