professional development courses


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Capital Project Risk Management in Oil & Gas

Undertaking capital projects in the Oil & Gas industry has always been a risky business. Based on the nature of the projects themselves risk is not something that can be avoided, however most risk can be mitigated or eliminated with the right risk management approach.. As a result Risk Management is critical for success of the entire project and, furthermore, integral to the success of the entire company. This training examines the most common Risks and Risk Management activities, their scope and timing and their implications throughout the project life cycle in the Oil & Industry.

Turning 'Theory' into 'Practice'?

This highly practical workshop will provide you with various tools and techniques to assess and mitigate risk in order to achieve higher profitability and efficiency of your projects. You’ll be learning best practice and studying case studies drawn from the experiences of leading Oil & Gas companies. You will acquire a whole new set of effective tools and practical knowledge, immediately applicable on return to the workplace.

Who should attend?

The programme is designed for project directors and managers, project owners, quality managers, project discipline managers and engineers, incl. TAR, HSE, maintenance, project contractors key personnel, top managers – business, strategy and operations.

Key areas to be covered in the programme and documentation

Project Risk Classification
• Conceptual risk
• Business risk
• Technology, engineering and design risk
• Project execution risk - from construction through start-up to operations
• Mega-project risk

Effective Project risk Identification
• Qualitative and quantitative risk analysis
• Scenario-based and other risk assessment practices
• Risk matrix
• Bowtie, Butterfly and other diagrams
• HAZID
• HAZOP
• LOPA
• Implications of usage of different models
• Monte Carlo simulations and others
• Sensitivity analysis

Risk Mitigation
• Strategy, planning and implementation
• Risk management plan – IRMP and RMP
• Project costs and schedule controls
• Reporting, document control
• Risk management roles – Integrated project team, project owners and contractors, R&R
• Contracting strategy
• Ways of mitigating various project risks. Best Practices

Risk Management Process and Strategy
• Corporate risk management program
• Major risk drivers
• Risk management as a formal process – stage by stage through the project development, activities, deliverables
• Tracking the risk – lessons learned

Benefits to you

• Acquiring the essential skills for successful Risk management in Oil & Gas capital projects
• Learning about possible project risk and effective risk mitigation
• Mastering the most effective means of risk identification
• Understanding a process and strategy to manage various risks in Oil & Gas
• Understand how to implement best practice to achieve top results

Companies already benefiting include:

Duration of Course

2 days Day Course

Course details

This course is currently only available as an in-house option. For more information, and a quote, contact our team on +44 (0)20 3002 3057, or by email at ProfessionalTraining@iihc.org

Other relevant courses include:
  Portfolio and Project Management Masterclass Selecting & Managing the Right Projects
  Writing and Presenting Compelling Business Cases
 
 
 

 

Looking to train larger teams in this subject?

dzingim@marcusevansuk.comTailored in-house/in-company training courses and bespoke strategy workshops designed and delivered on-site throughout Europe according to your specific requirements.

All management, personal development and project management public courses featured in our Course Directory are also delivered on an In-Company basis.

Click Here for information on how this course can be delivered for you as an In-Company Training Solution

 


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Further information

UK Enquiries: +44 (0) 203 002 3057
or dzingim@marcusevansuk.com

Non-UK Enquiries: +420 (0)2 5570 7246
or training@marcusevanscz.com

North American Enquiries: +1 312 540 3000 X6714 or emilyj@marcusevansch.com

dzingim@marcusevansuk.com - Marketing Manager EMEA - Professional Training


UK Enquiries: +44 (0)20 7647 2383 : salesenquiries@marcusevansuk.com
European Enquiries: +420 (0)2 5570 7246 : training@marcusevanscz.com

Testimonials

"This course will allow my company to develop its existing strategies to a much greater and hopefully profitable level."

Managing Director, Tarmac