What Is a Capital Project?
A capital project is a long-term, capital-intensive investment to build upon, add to, or improve a capital asset. Capital projects are defined by their large scale and large cost relative to other investments that involve less planning and resources.
Oil & Gas Capital Project Examples
- Gas plants
- Pipelines
- Batteries
- Storage facilities
- Compressors
What is Capital Project Manager?
An Oil & Gas Capital Project Manager plans and manages all aspects of project design, development, and implementation including preliminary technical research and feasibility analyses, funding and cost analyses, scheduling, public involvement, project budgeting and work plan development, project performance and results.
What are some of the responsibilities of a capital project manager?
- Maintaining the processes and procedures related to the management of required compliance Documentation
- Providing Operations support, scoping / estimating, and process troubleshooting to develop and manage projects
- Work closely with operations control, safety, environmental, land, procurement, accounting, construction inspection, scheduling
- Provide project management and technical support for the operation and construction
- Staying current with the regulations
- Oversee project schedules, logistics, estimating, and budget
- Led Vendor Award process, Equipment Selections and Technical Assurance reviews.
- Responsible for project management and construction efforts, participated in hiring and supervised contract project inspectors and contract multidiscipline project engineers during various projects as well as interfaced with Operations, Technical Servic
- Accountable for all project controls including: final cost estimation, scheduling, cost forecasting, procurement, project accounting and financial coding, project documentation and close
- Generated detailed reports on construction, project controls, HSSE, and QAQC for Project Status Report (PSR).
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