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Effective Project and Risk Management and Stakeholder engagement in the Oil and Gas Industry Dubai Duration: 1 Week/s

Course Information

  • Course Price $5950
  • Location Dubai Courses
  • Course Code EPRMSD
  • Course Date 7 Oct - 11 Oct 2024

Course Objectives
This training seminar will take delegates through a real-life Oil & Gas project as a case-study, working with the case-study to develop and evaluate using industry best-practice tools. This method will provide a real insight into the challenges, and strengths that a positive Risk Management process can provide in such an uncertain industry.

Who Should Attend?
This training seminar is suitable to a wide range of professionals but will greatly benefit anyone working on, interfacing with, or providing governance with respect to oil and gas projects:

Prerequisite Courses
None

Course Overview
Fundamental Project Risk Management Concepts

  • What is risk?

  • What is different about project risk in the Oil and Gas Industry?

  • The dual nature of risk: - threats and opportunities

    • Responsibilities and Identifying Risks
  • Key risk management roles and responsibilities
    • ?
  • Good practices adopted in oil and gas organisations
    • ?
  • Alternative techniques based on team dynamic

  • Categorisation and the use of Risk Breakdown Structure (RBS)

    • Risk Analysis Techniques
  • Alternative Risk Analysis assessment formats & recommended practices in the oil & gas industry

  • Organisational / Business impact versus Safety / Environmental impact

  • Tools and techniques for risk analysis

    • -Sensitivity and Expected monetary value analysis?
    Planning Risk Responses and Implementing Risk Responses
  • Risk prioritisation
    • ?
  • Risk response strategies

  • Action plan formulation


    • Learning Goals
    At the end of this training seminar, participants will:
  • Develop key risk management competencies such as developing an appropriate risk process for an organisation in the oil & gas Industry

  • Understand the key roles, responsibilities and activities
    • associated with project risk management
  • Understand the crucial challenges and lessons learned associated with oil and gas project risk management


    • Course Materials
    Course notes

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