Risk assessment and decision making in oil and gas

Some prices may differ depending on the course venue.
Course ID :
Course Places: All countries - Istanbul ( Turkey ) - Lebanon (Beirut) - Malaysia - UAE (Dubai) All countries
Course Date: Start End
January 6, 2019 January 10, 2019
February 3, 2019 February 7, 2019
March 10, 2019 March 14, 2019
April 14, 2019 April 18, 2019
May 12, 2019 May 16, 2019
June 16, 2019 June 20, 2019



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.




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


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