The oil and gas industry is characterized by multi-million-dollar investment, future-oriented, and projects that generate a lot of revenues, which require specialized project management skillset. Development of any country depends on how they use their energy reserve and oil and gas is one such industry.
The most crucial part of oil and gas projects is managing the complexity of the major capital. The major job of an oil and gas project manager is to manage the cross-functional teams, tight budget, and schedule, ensure the safety regulations are in place, reduce exposure to the risk and maintain transparency with the stakeholders.
Oil and gas projects require onshore and offshore exploration, drilling, and increasing the facilities to do so. These projects need the kind of management that can be learned through PMP training. Projects in the oil and gas industry are large and make up for most of the percentage that an organization spends, thus it requires project management learning and development to deal with such complex projects.