Project Management Institute (PMI), the leading authority in project management committed to advancing the profession, is set to showcase its globally renowned certifications at the NOG Energy Week.
Among the certifications to be highlighted are the gold standard, Project Management Professional (PMP), and the PMI Construction Professional (PMI-CP), which can be pivotal in enhancing the skills and career prospects of professionals in the oil, gas, and energy sectors.
The oil, gas, and energy sectors are inherently complex, with large-scale projects that require meticulous planning, execution, and control. They are also synonymous with high-risk endeavors and multiple stakeholders.
Project management is the backbone of these operations, providing a structured approach to project delivery. It helps minimise risks, optimise resource utilisation, and enhance overall project performance.
“Project management is the cornerstone of success in managing the complexities of the oil & gas sector. With projects becoming increasingly ambitious, our globally recognised certifications ensure that project managers are equipped to meet the challenges of tomorrow, today, guiding projects from conception through completion with efficiency,” said George Asamani, MD, Sub Saharan Africa, PMI.
Studies consistently show that PMP certification holders earn higher median salaries than those without PMP certification, 33 per cent higher on average across the 21 countries surveyed in the 13th Earning Power.
: Project Management Salary Survey.
PMP-certified project professionals in Nigeria demonstrated an even greater lift, reporting an increase of 60 per cent in median salary compared to their non-certified peers.
The global energy sector employs more people today than it did in 2019, primarily driven by growth in clean energy, which now provides more jobs than fossil fuels. Since 2022, total employment in the energy sector has risen to nearly 67 million, an increase of 3.4 million.
According to the World Energy Employment 2023 report, most of these new jobs are in construction and manufacturing.
“Globally, wasteful expenditure in the construction sector amounts to $127 million on every $1 billion spent on projects,” added Asamani.
Individuals keen to pursue the PMI-CP certification need three years of on-the-job experience (within the last ten years) in construction or built environment projects. To become PMI-CP certified, they must complete four foundational eLearning courses, Construction Contract and Risk Management, Construction Project Communications, Construction Interface Management, and Construction Scope and Change Order Management, and pass the capstone exam.
Candidates who complete three additional courses—Construction Execution Planning, Construction Technology and Innovation, and Construction Performance and Materials Management, can earn the PMI-Senior Construction Professional credential.