Project management is defined as a combination between science, which follows a systematized process and art which requires creativity to convert human ideas into actual realities. On the other hand, project management is the application of knowledge, skills, tools and techniques to project activities to meet project requirement.
Oil and gas (O&G) industry plays a very important part as the nation building, despite the fact that each of its facility is having a unique requirement. As millions of money are needed to jump start an O&G project, appropriate initiatives are apparently essential in ensuring the success of a particular project. Effective project management approach is seemed as one of the best solutions to this dilemma. It can be seen that the relevancy of having a structured project management approach and guidance such as Project Management Book of Knowledge (PMBOK) and Stage Gate Project Management Process (SGPMP) shall be the way forward for future project implementation. The implementation can be also tailored made according to each local country requirement and business, where the upstream and downstream O&G projects might have some differences in terms of approval authority and project stages. Hence, as this paper has successfully achieved its aim of reviewing the project management of O&G industry, further study is expected to be carried out in investigating the specific critical success factors that ensure the success delivery of O&G project worldwide.
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