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¶ … Oil Production Project
These are essentially changes that will occur as a direct result of the project.
They can positively or negatively affect the following:
The stakeholders
The local residents
The surroundings
The benefits of the oil production project and services have a positive upshot on the economic welfare of project stakeholders, hinterland and local authorities.
Presenting the outcomes of the project to an audience using an approved format and appropriate media by using a PPT to elucidate the benefits in terms of outcomes of the project.
The outcomes result from direct changes of the project being implemented. The changes would create a difference in the lives of the stakeholders, local community and surroundings, and can be beneficial or disastrous. The outcomes of oil production are also associated with economic well being of members as well as people living in the neighborhood (Chuong, 2007). There would also be increase in access to oil and other petroleum products at affordable prices. The number of people involved actively in the environmental conservation projects will be on the rise because of the adverse effects associated with oil and oil products (Chuong, 2007). Environmentalists will be involve the project owners and the locals in environmental conservation strategies to prevent health risks resulting from the project, which essentially is dangerous to human, plant and aquatic life. There...
The primary objective of initiating the project was to improve the living standards of members, local community and other beneficiaries. This is mainly through income accumulated by the project in the implementation process. The project presents many opportunities for the members, sponsors and stakeholders from diverse cultural backgrounds to learn the culture of the local community through interactions. They will be able to learn the language of the local, tradition and other cultural aspects. Overall, the project on oil production results into monetary and social benefits (Chuong, 2007).
1
The Stakeholders
They benefit from the production project in a variety of ways
They earn income in the end upon succeeding in implementation of the project.
They earn gratitude for helping the local community improve their social and economic status, job opportunities creation being their priority.
It's the presence of an opportunity to use their ideas to benefit its precise local community
The stakeholders in the project have great influence on the successful implementation of the oil production. When initiating such a project, their mission of realizing financial gains become the priority. Projects that do not improve the economic status of those who initiated it should be abandoned since no stakeholder would be willing and ready…
Oil production project is one of the unfriendly initiative since it largely contributes to air and water pollution which is catastrophic to human, animal and plant habitation.
Improved Sustainability of Prices of fuel locally.
The number of people involved actively in the environmental conservation projects will be on the rise because of the adverse effects associated with oil and oil products (Chuong, 2007). Environmentalists will be involve the project owners and the locals in environmental conservation strategies to prevent health risks resulting from the project, which essentially is dangerous to human, plant and aquatic life. There would also be an improvement in partnership between the support organizations, communities and local authorities. The primary objective of initiating the project was to improve the living standards of members, local community and other beneficiaries. This is mainly through income accumulated by the project in the implementation process. The project presents many opportunities for the members, sponsors and stakeholders from diverse cultural backgrounds to learn the culture of the local community through interactions. They will be able to learn the language of the local, tradition and other cultural aspects. Overall, the project on oil production results into monetary and social benefits (Chuong, 2007).
Project Management: Case Study in Managing a Complex Shipyard Project in Singapore Background of Complex Shipyard Construction Project Company background Project Overview and Objective Work Process of Building Construction Issue Analysis in Shipyard Construction Project Management Literature Review of Project Management Issues in Scope Management Methodology of Scope Management Lessons Learned from Scope Management Issues in Cost Management Methodology of Cost Management Lessons Learned from Cost Management Issues in Human Resources Methodology of HR Management Lessons Learned from Human Resource Management Case Study in Managing a
If Nigerian local content law is not complied with Requires licensee to submit a detailed programme for recruitment and training of Nigerians (Nigerian Local Content Policy) 2.3. History of the LCL The Local Content Law was signed into law in April 2010 by acting President Goodluck Jonathan. In brief, the Nigerian Oil and Gas Industry Local Content Development Bill 2010 places "…obligations on upstream oil companies in the areas of finance, community
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