Course Schedule

Date	Format	Fees
02 - 06 Sep 2024	Online	$3,950

Course Description

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 online training course addresses these issues in a concise and pragmatic manner.

This GLOMACS online 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

Objectives

By the end of this online 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

Training Methodology

This online training course will utilize a variety of proven online learning techniques to ensure maximum understanding, comprehension, retention of the information presented. The training course is conducted Online via an Advanced Virtual Learning Platform in the comfort of any location of your choice.

Who Should Attend?

This online 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.

This GLOMACS online training course is suitable to a wide range of professionals but will greatly benefit:

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 1

Introduction to Organizational Risk

Pros and cons 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 2

The Risk Management Process Wheel & Identifying Risk

Proactive risk management process
The risk management process wheel
The risk registers
Risk management planning
Risk identification
Risk identification tools & techniques

DAY 3

Risk Analysis

Qualitative risk analysis
High Reliability Organizations (HROs)
The risk matrix
Decision Making Grid (DMG)
Quantitative Risk Analysis (QRA)
Fault Tree Analysis (FTA) and Reliability Block Diagrams (RBD)

DAY 4

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 5

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

Providers and Associations

In Association With

PetroKnowledge

Our collaboration with Petroknowledge aims to provide the best training services and benefits for our valued clients

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Risk Assessment &
Risk Management for Oil & Gas Projects

Minimising Risk and Maximising Resilience - from Theory to Practice

Upcoming Dates

Code

Date

Time

Fees

OG148V

02 - 06 Sep 2024

$3,950

Introduction

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

This GLOMACS online 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

Objectives

By the end of this online 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

Training Methodology

Who Should Attend?

This GLOMACS online training course is suitable to a wide range of professionals but will greatly benefit:

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

SEMINAR OUTLINE

DAY 1

Introduction to Organizational Risk

Pros and cons 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 2

The Risk Management Process Wheel & Identifying Risk

Proactive risk management process
The risk management process wheel
The risk registers
Risk management planning
Risk identification
Risk identification tools & techniques

DAY 3

Risk Analysis

Qualitative risk analysis
High Reliability Organizations (HROs)
The risk matrix
Decision Making Grid (DMG)
Quantitative Risk Analysis (QRA)
Fault Tree Analysis (FTA) and Reliability Block Diagrams (RBD)

DAY 4

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 5

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

In Association With

PetroKnowledge

Our collaboration with Petroknowledge aims to provide the best training services and benefits for our valued clients

© 2023. Material published by GLOMACS shown here is copyrighted.
All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing (in any medium), transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.

P.O. Box 74653, Dubai, United Arab Emirates
Tel : +971 - 04 - 425 0700, Fax : +971 (04) 425 0701, Email : info@glomacs.com

An Interactive 5-Day Online Training Course

Risk Assessment & Risk Management for Oil & Gas Projects

Minimising Risk and Maximising Resilience - from Theory to Practice

Introduction

Objectives

Training Methodology

Who Should Attend?

DAY 1

Introduction to Organizational Risk

DAY 2

The Risk Management Process Wheel & Identifying Risk

DAY 3

Risk Analysis

DAY 4

Risk Responses & Managing Risks

DAY 5

Reporting Risk Management Outcome

In Association With