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What is meant by Code of Practice? The minimum guidelines for company employees expected on… Read More »Terms Used in Oil and Gas Industry

The success of project plans and their execution depends on the quality of the projectteam… Read More »Project Management Skills and Competences Matrix

What is meant by Debt? The money supplied by third parties for employment by thecompany… Read More »Oil and Gas Terms and Abbreviations

Control is not an end in itself, but a means to transform the capacity to… Read More »Control Processes in Project Management

What is meant by Free On Board (FOB)? A legal term related to ownership of… Read More »List of Abbreviations in oil and gas Exploration and Production

I was in a warm bed and suddenly I’m part of a plan! Woody Allen… Read More »How to do Work Planning for Project Management?

What is meant by Maintenance? The combination of all technical and associated administrative actions intended… Read More »Oil and Gas Glossary of Terms

A fool and his money are soon parted. 16th century proverb Introduction This section considers… Read More »How to do Cost Management for Project Management?

All my economists say, ‘on the one hand……..on the other’. Give me a one-handed economist.… Read More »How to do Economic Analysis for Project Managment

The big print giveth and the fine print taketh away. Bishop John Fulton Sheen The… Read More »Contracting/Procurement Procedure in Project Management