1. “P ROJECT O WNERS (NOC’ S ) SHOULD INCREASINGLY ADOPT LONG TERM PMC CONTRACTS OVER PMC CONTRACTS FOR INDIVIDUAL PROJECTS ” 2nd PMI-AGC Energy Forum: DMS Debates Keser Akhtar AMEC Tommy Mars Accenture Dr. Mohammed Al-Qahtani Kuwait Oil Company

2. Support long term PMC contracts

3. Long Term PMC (Program Management) Transfer Of Knowledge / Expertise from PMC to NOC. Building in house capabilities in terms of personnel development / procedures for NOC’s whilst working with PMC’s. Familiarization with NOC systems and procedures and can play an active role in further improvements. Recruitment and mobilization delays at the start of projects are overcome.

4. Long Term PMC (Program Management) Provide simultaneous management services to simultaneous projects which may be at a different stage…FEED, Contract Review etc. Understand strengths / weaknesses over time for multiple contractors. Knowledge of existing / on-going projects provides PMC with a better vision of NOC’s overall programme strategy. Work with NOC to advise / suggest changes (Technical / Commercial) to Contracts utilising lessons learnt from previous projects. Consistency of approach, management and reporting.

5. Time Output Long Term PMC Team will start here for every project Short Term PMC Team will start here for every project Forming Norming Storming Performing Reduced Productivity / Efficiency Increased Time / Cost to Project Life Cycle Add Value from Day 1 Increased Productivity / Efficiency Reduce Time / Cost to Project Life Cycle PMC Team Life Cycle

6. Project Vendors Manufacturing ProcurementsEngineering Remote Teams PMC Global Network

7. Flexibility in recruiting expertise and skilled manpower. PMC Global Network

8. Knowledge Transfer

9. Time Output Why Long Term PMC Contracts? Lessons learned and continuous improvement adding continuous value to NOC Minimise project set up times – Can add value from day 1 Can maintain a stable resource profile across simultaneous projects maximising efficiency and productivity.

10. Short Term PMC (Project Management) Recruitment / Mobilization Delays / Costs at the start of every project. Focus on Project Delivery NO interest in Clients Strategic Goals / Objectives. No mechanism for sharing best practice / learning across live projects. Need to form relationship with Operational Teams No consistent execution strategy with simultaneous projects. No familiarity with existing simultaneous projects.