Risk assessment and decision making in oil and gas

DURATION: 1 Week
Some prices may differ depending on the course venue.
Course ID :
E2367
Course Places: All countries - Istanbul ( Turkey ) - Lebanon (Beirut) - Malaysia - UAE (Dubai) All countries
Course Date: Start End
April 9, 2018 April 13, 2018
June 25, 2018 June 29, 2018
August 27, 2018 August 31, 2018
October 22, 2018 October 26, 2018
December 24, 2018 December 28, 2018

Introduction

 

Because of increased pressure to deliver projects on time, within budget and with the agreed components, the need to identify, manage and control the project-based risks becomes central to success . Project Managers need to use tried and accepted techniques for managing identified risks and have access to practical strategies for dealing with issues as they emerge.

 

Using a mixture of presentations, discussions and practical exercises related to the Oil and Gas industry, this course addresses these issues in a concise and pragmatic manner.

 

Objectives

 

Use practical steps and processes to manage project risk

Identify threats & opportunities & weigh their relative value in a project

Control multiple risks using limited strategies

Overcome psychological barriers to risk in stakeholders & team members

Evaluate risk assessment & risk management during the project closure phase of the project.

 

 

 

 

Day One

 

Getting Started

 

Pro’s and con’s of risk management and decision making

Practical experience with risk assessment & risk management in various industries

Risk Management throughout a project life cycle

Methods to increase company-wide awareness, understanding & senior level support

Risk Management at various levels of an organization

Business Risks vs Technical Risks vs Implementation Risks

Day Two

The Risk Management Process Wheel & Identifying risk

 

Proactive Risk Management Process

The risk management process wheel

The risk register

Risk Management Planning

Risk Identification

Risk Identification tools & Techniques

 

 

Day Three

Risk Analysis

 

Qualitative Risk Analysis

Quantitative Risk Analysis

Day Four

Risk Responses & Managing Risks

 

Risk Response planning

Building a Risk Management Plan

Calculating risk management budget

Monitoring & Reviewing

Opportunity Assessment

Project Execution Risk Assessment

Day Five

Reporting Risk Management Outcome

 

Creating an Oil & Gas Risk Questionnaire

Risk evaluation

Risk evaluation report

Course evaluation

 

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EuroMatich Training Center Istanbul

EuroMatich

We are committed to delivering the very latest business knowledge to our clients. Our services encourage quality learning and empower clients to deepen their knowledge, engage in the learning process, further develop their skills and enhance their career potential. In addition, we provide unrestricted access to our Knowledge Resource Centre which offers a variety
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