ID 498
Oil and Gas Training Courses
Course: Managing Project Risks in the Oil & Gas Industry
Beijing
Hotel Name
Hotel Meeting Room
14 Jul 2025 : 18 Jul 2025
25 Hours
5450 USD
ID 498
Oil and Gas Training Courses
Course: Managing Project Risks in the Oil & Gas Industry
Beijing
Hotel Name
Hotel Meeting Room
14 Jul 2025 : 18 Jul 2025
25 Hours
5450 USD
Training Details
Introduction
The scrutiny faced by the oil and gas industry has never been greater. The need to manage project risks effectively is therefore of great importance to the industry as a whole.
This seminar provides a structured approach to managing project related risks that ensure value is protected, and most importantly, minimizes the chances of major events affecting not only the project but the organisation as a whole.
Objectives
To develop key risk management competencies such as developing an appropriate risk process for an organisation in the oil & gas Industry
To understand the key roles, responsibilities and activities associated with project risk management
To understand how best to apply appropriate tools and techniques to optimise risk management for your projects
To deal with the changing nature of risk through a stage gated project process
To understand the human side of risk in terms of risk perception
To understand the crucial challenges and lessons learned associated with oil and gas project risk management
Training Methodology
The programme incorporates an interactive mixture of lectures supported by relevant practical exercises. This enables you to fully understand and address the life-cycle considerations of project risk management.
Organisational Impact
In the Oil and Gas Industry the failure to manage project risk effectively can lead to catastrophic events occurring. No organisation can afford to be complacent about such events, and ensuring that project risk management is being carried out effectively must be a strategic goal requirement that everyone adheres to.
Personal Impact
The ability to manage project risk is a core skill for anyone involved in delivering a project. When carried out properly projects are more predictable, value delivery is enhanced and fewer accidents and harm to the environment occur.
Delegates will be able to enhance their credibility within their organisation knowing that they can competently coordinate a risk process which will benefit their project delivery and ultimately their career.
Who should attend?
Anyone working on, interfacing with, or providing governance with respect to oil and gas projects.
Programme Outline
Day 1 - 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
Business, operational and project risk
Introducing the risk management process
Planning risk management
Day 2 - Roles and Responsibilities and Identifying Risks
Key risk management roles and responsibilities
Risk identification
Tools and techniques for project risk identification
Day 3 - Risk Analysis techniques
Semi-Quantitative
Quantitative
Assessing Impact
Tools and techniques for risk analysis
Further factors to consider – the people side of risk
External factors – regulator activities & the effect of catastrophic incidents in the industry
Modelling and Monte Carlo simulation
Risk Analysis outputs
Day 4 - Planning Risk Responses and Implementing Risk Responses
Day 5 - Reporting and Communicating Risk, Extracting Lessons & Lessons Learned from the Industry
Day 1 - Asset Cost Management Introduction
Maintenance & Reliability Best Practices are critical for every successful individual and company. This workshop delivers many practical and new Maintenance and Reliability Best Practices concepts and tools. You will discuss these concepts and practice using practical tools in case studies and discussion groups. The costs associated with equipment downtime and reduced production can be significant. Learning how to effectively manage all aspects of your industrial facility is a must.This workshop is a combination of instructor lead topic areas and class discussions. Interactive discussions will allow you to hear and learn best in class applications relating to maintenance planning and cost management strategies. You will have the opportunity to ask lots of questions in order to consider how best to apply these tools and techniques in your organization.
Day 2 - Laying the Groundwork
Maintenance & Reliability Best Practices are critical for every successful individual and company. This workshop delivers many practical and new Maintenance and Reliability Best Practices concepts and tools. You will discuss these concepts and practice using practical tools in case studies and discussion groups. The costs associated with equipment downtime and reduced production can be significant. Learning how to effectively manage all aspects of your industrial facility is a must.This workshop is a combination of instructor lead topic areas and class discussions. Interactive discussions will allow you to hear and learn best in class applications relating to maintenance planning and cost management strategies. You will have the opportunity to ask lots of questions in order to consider how best to apply these tools and techniques in your organization.
Day 3 - Applying the Value based Process
Maintenance & Reliability Best Practices are critical for every successful individual and company. This workshop delivers many practical and new Maintenance and Reliability Best Practices concepts and tools. You will discuss these concepts and practice using practical tools in case studies and discussion groups. The costs associated with equipment downtime and reduced production can be significant. Learning how to effectively manage all aspects of your industrial facility is a must.This workshop is a combination of instructor lead topic areas and class discussions. Interactive discussions will allow you to hear and learn best in class applications relating to maintenance planning and cost management strategies. You will have the opportunity to ask lots of questions in order to consider how best to apply these tools and techniques in your organization.
Day 4 - Ensuring the Continuity of the Value-based Process
Maintenance & Reliability Best Practices are critical for every successful individual and company. This workshop delivers many practical and new Maintenance and Reliability Best Practices concepts and tools. You will discuss these concepts and practice using practical tools in case studies and discussion groups. The costs associated with equipment downtime and reduced production can be significant. Learning how to effectively manage all aspects of your industrial facility is a must.This workshop is a combination of instructor lead topic areas and class discussions. Interactive discussions will allow you to hear and learn best in class applications relating to maintenance planning and cost management strategies. You will have the opportunity to ask lots of questions in order to consider how best to apply these tools and techniques in your organization.
The European Quality of Training and Management Consulting relies on advanced methodology in developing skills and enhancing the effectiveness of human resources. The company adopts modern methods to achieve these goals. In order to achieve its objectives, European Quality follows the following steps in a precise and professional manner:
European Quality Training and Management Consultancy of Training and Management Consulting reserves the right to change the location of the training program, change the accredited lecturers for program delivery, hold, or cancel the program in line with the companys vision and program conditions and our quality policy.
European Quality Training and Management Consultancy is certified
ISO 9001-2015
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At European Quality Training and Management Consultancy, we provide high-quality training and consultancy services to develop future leaders. With a team of skilled experts, we tailor programs to meet the needs of public and private sectors, grounded in quality, ethics, and social responsibility. Our client-focused approach ensures professionalism and sustainable outcomes.
European Quality Training and Management Consultancy
REG NO : 13785/2018
VAT NO : 100528683400003
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