Project Sanctioning Quiz and Flashcards

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Questions and Answers

At which level is Stage 1 of the PSAP process usually initiated?

Corporate Headquarters

CSU or SBU (correct)

Business Development Unit

Project Management Office

What is the purpose of the Pre-feasibility studies in Stage 1 of PSAP?

To classify project opportunities

To define project goals and objectives

To demonstrate the value of a project

To determine the feasibility of a project (correct)

What is the outcome of defining basic technical parameters in Stage 1?

Project Charter is created

Business Case document is developed

Technical requirements of the project are outlined (correct)

Project Proposal document is submitted

What is the key deliverable that demonstrates strategic fit in Stage 1?

Demonstration of value Signup and view all the answers

What is the purpose of the Project Identification stage in PSAP?

To identify opportunities aligned with corporate objectives Signup and view all the answers

What is the primary purpose of Stage 3 in the project sanctioning and approval procedure?

To prepare the basic engineering designs and drawings Signup and view all the answers

Which of the following is NOT an activity undertaken in Stage 1 of PSAP?

Project scheduling Signup and view all the answers

What is one of the key activities that takes place during Stage 3?

Selection of the contracting strategy Signup and view all the answers

What is one of the key deliverables of Stage 3?

FEED scope and execution strategy document Signup and view all the answers

When does the contracting cycle commence during the project sanctioning and approval procedure?

During Stage 3: Front End Engineering Design and Execution Planning Signup and view all the answers

What is the purpose of the Front End Engineering Design (FEED) in Stage 3?

To prepare the basic engineering designs and drawings Signup and view all the answers

What is the outcome of the procurement activities during Stage 3?

Procurement of long lead items Signup and view all the answers

Who is responsible for providing technical support for the electronic platform?

ITD Signup and view all the answers

What is the primary objective of Project Governance?

To position the project for successful completion Signup and view all the answers

Who is responsible for developing PSAP Key Performance Indicators (KPIs)?

GGM, ETD Signup and view all the answers

What is the role of the Work Group in the PSAP framework?

To capture lessons learned and new initiatives Signup and view all the answers

Who ensures total ownership of PSAP by all units of the Corporation?

PC GMD Signup and view all the answers

What is the role of the PSAP Advisory Council (PAC) in the PSAP framework?

To approve changes to OSAO Signup and view all the answers

Who is accountable for delivering the project in accordance with the project commitments?

The ENGINEER Signup and view all the answers

Who does the Project Manager report directly to?

The ENGINEER Signup and view all the answers

What is the role of the ENGINEER in the project?

To manage the project at the strategic level Signup and view all the answers

What authority does the ENGINEER have in the project?

To make decisions within the limits of the established project budget and company operating policies Signup and view all the answers

What is one of the key responsibilities of the ENGINEER?

To manage the project resources Signup and view all the answers

Who usually plays the role of the ENGINEER in corporate projects managed by ETD?

The GGM ETD Signup and view all the answers

Who provides direct leadership to the PMT and is responsible for the planning and execution of the project?

NNPC Project Manager Signup and view all the answers

What is the primary role of the Project Sponsor in the Governance Structure?

To advocate for the project and ensure its benefits are realized Signup and view all the answers

Who is responsible for ensuring that the project's intended benefits are realized?

Project Sponsor Signup and view all the answers

What is the composition of the NNPC Project Management team membership?

Project-related professionals and personnel from the project users Signup and view all the answers

What is the role of the Tender Committees in the Governance Structure?

To participate in the project's governance structure Signup and view all the answers

What is the ultimate goal of the Project Governance structure?

To achieve the delivery of projects to meet their objective Signup and view all the answers

Study Notes

Role of the Engineer

The Engineer, also known as the Project Director, oversees project management at a strategic level.
Acts as the single point of accountability for project delivery in line with commitments.
Project Manager reports directly to the Engineer, who communicates project directives through the Project Manager.
Member of the Project Steering Committee, with full authority within budget limits to guide project direction.
Decisions include managing resources, approving execution plans, and certifying project payments.

Responsibilities of the Engineer

Manage and direct project resources effectively.
Approve various project execution plans and payment for completed work.
Support the Project Manager in maintaining focus on project execution.
Ensure proper staffing and management of the project.
Provide mentoring and leadership to the Project Manager.

Project Sanctioning and Approval Procedure (PSAP)

Comprises distinct stages for project identification and execution, with specific templates applicable at all stages.
Stage 1: Project Identification involves generating ideas, defining goals, conducting pre-feasibility studies, and classifying project opportunities.
Key deliverables of Stage 1 include the Project Proposal, Business Case, and Project Charter.

Project Governance

A management framework for making project decisions to ensure successful completion.
Critical for aligning project goals with corporate strategic objectives.
Involves different roles, including the Project Sponsor, who ensures the project delivers intended benefits and value.

Stage 2: Front End Engineering Design and Execution Planning

Focus on basic engineering designs as groundwork for detailed engineering work.
Activities include developing execution plans, selecting contracting strategies, and initiating procurement processes.
Key deliverables in this stage: FEED scope document, tender documentation, project execution plan, and contract agreements.

Project Management Level

Led by the NNPC Project Manager, responsible for daily supervision and control.
Involves a Project Management Team (PMT) and contractor's management team, ensuring alignment with project objectives.
Engagement of Tender Committees and stakeholders is essential for project success.

Governance Structure and Key Roles

Project Sponsor is typically the head of SBU/CSU or Group Executive Director funding the project.
The Sponsor advocates for project success and is a vital member of the Project Steering Committee.
Responsible for ensuring that the project achieves its intended benefits and creates expected business value.

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Description

This quiz covers the project sanctioning and approval procedure, including the PSAP stages and templates. It provides an overview of the process and its various phases.

Project Sanctioning and Approval Procedure Overview