The book "Value Management of Oil and Gas Projects" edited by Andrey Fedorovich Andreev and other authors is an indispensable source of knowledge for specialists working in the field of oil and gas industry . In the face of constant changes in global markets, when resource management becomes critical, this publication offers readers an in-depth understanding of the processes involved in assessing and managing the cost of projects in the oil and gas sector. This book covers many aspects, ranging from the basics of project management to specific valuation methods that are used in the oil and gas industry. Authors who are recognized experts in their fields share their knowledge and experience, which makes the material accessible and understandable for both beginners and experienced professionals. They consider important topics such as risk analysis, budgeting methods, and cost optimization strategies, which allows the reader not only to understand the theory, but also to apply the knowledge gained in practice. The book will be of interest to a wide range of readers: from undergraduate and graduate students studying economics and project management, to practitioners and managers working in oil and gas companies. It will be a useful tool for those who want to deepen their knowledge in project management, as well as for those who want to master modern approaches to assessing and controlling costs. If you are looking for books on project management, valuation or the oil and gas industry, this publication will be a real find for you. One of the key themes raised in the book is the importance of integrating cost management across all stages of a project’s life cycle from concept to completion. The authors emphasize that successful cost management requires not only technical knowledge, but also the ability to work with people, as well as the ability to strategic thinking. This makes the book relevant not only for economics professionals, but also for managers who want to learn how to interact effectively with teams and stakeholders. The style of the authors is distinguished by clarity and accessibility, which makes it easy to assimilate even the most complex concepts. They use real examples from practice, which makes the material more clear and understandable. In addition, the book includes many illustrations, graphs and tables that help to visualize information and make reading more fun. If you are familiar with other works by authors, such as “Project Management in the Oil and Gas Industry” or “Economics of Oil and Gas Projects”, you will notice that “Value Management of Oil and Gas Projects” continues and develops their ideas, offering readers new tools and approaches. This edition will be an important addition to the library of any professional working in this field. In conclusion, the book “Management of the cost of oil and gas projects” is not just a textbook, but a real find for everyone who wants to understand more deeply the mechanisms of project management in the oil and gas industry. It offers readers valuable knowledge and practical guidance that will help them successfully cope with the challenges facing modern professionals. Do not miss the opportunity to enrich your knowledge and skills by immersing yourself in this fascinating and relevant world of value management!