Why Choose this Training Course?
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.
This training course will feature:
Project management and risk assessment in oil and gas industry
Setting criticality analysis and priorities for different assets
Performance of root cause analysis
Managing performance of assets
Learning from major failures in different industries
By the end of this training course, participants will be able to:
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
Who is this Training Course for?
This training course is suitable for a wide range of professionals who are involved in any aspect of Project and Risk Management and who want to understand, implement and improve the latest Risk and Project Management concepts, processes and ideas.
Project Management Team members
Operations Managers
Project Managers
Oil and Gas Enterprise Architects
Asset Managers
Maintenance Managers
Maintenance & Reliability Engineers
Technical managers & supervisors
Board level executives and non-executives
Consultants in Project, Asset, Maintenance and Risk Management
Course Outline
Day One: Introduction to Organisational Risk
Pro’s and con’s of risk management
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
High Reliability Organisations (HROs)
The risk matrix
Decision Making Grid (DMG)
Quantitative Risk Analysis (QRA)
Fault Tree Analysis (FTA) and Reliability Block Diagrams (RBD)
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
What makes a bad report?
What makes a good report?
Creating an oil & gas risk questionnaire
Risk evaluation
Risk evaluation report
Course evaluation
INFORMATECH is the region’s leading provider of in-house custom-designed courses. We have been tailoring in-house solutions for our clients aimed at helping them achieve short term training wins or long term strategic requirements. In addition to being significantly cost effective, these courses are constantly in demand because they:
If you did not find the appropriate date or venue suitable for you, or you would like to join the course online, you can request a custom course from the link below.
We offer group and corporate discounts on many courses. These discounts are available for clients who want to maximize their return on investment.
We offer individual discounts on many courses for people who are self-sponsored and make their payment in full and upfront at the time of registration.
Nominations to our public courses are to be processed by the client’s HR/Training department except for self-nominations which are to be paid in advance using the “payment by self” option on the online registration form. A refund will be issued back to the client in the event of course cancellation or seat unavailability. Registration confirmation is subject to INFORMATECH's review of registration request and seat availability.
Clients are responsible for any type of tax levied in their country.
If you are interested in having a course custom-designed for your organization, please submit a request using the link below. Once we receive your duly completed request, one of our business development professionals or consultants will get in touch with you to understand your requirements with more detail and answer any relevant questions you may have. After all pertinent information has been exchanged, we will work on the custom-designed request and send you the proposal you require and work with you to identify the ideal period and place for delivering the custom-designed solution.