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Course Schedule
Classroom Sessions:
Date Venue Fees
12 - 23 Aug 2024 New York - USA $13,900
07 - 18 Oct 2024 London - UK $12,900
02 - 13 Dec 2024 New York - USA $13,900
Course Description

MODULES

This training course is split into two modules:

MODULE I - Certificate in Strategy

MODULE II - Developing Project Strategy in the Oil and Gas Industry

Each module is structured and can be taken as a stand-alone training course; however, delegates will maximise their benefits by taking Module 1 and 2 back-to-back as a 2-week training course.

Course Outline
Module 1: Certificate in Strategy

DAY 1

What is Strategy?  Understanding The Bigger Picture  

  • Principles of Strategic Management and Business Planning
  • The Scope of A Strategic Business Plan
  • Creativity and Innovation in Strategic Management
  • The Importance of Consulting with Colleagues and other Stakeholders
  • Principles and Methods of Delegation

DAY 2

Develop A Strategic Business Plan For Your Organisation 

  • Strategic Analysis of Your Environment
  • Industry Analysis Tools and Techniques
  • Tracking Market Developments
  • Understanding Your Organisation's Ability to Respond to Market Opportunities and Threats
  • Strategic Fit of Your Organisation’s Structure, Business Processes and Culture
  • Generating, Prioritizing and Selecting Strategic Options

DAY 3

How to Ensure Strategic Alignment 

  • Principles of Strategic Alignment
  • A Strategic Management System
  • Developing A Strategy Map
  • Alternatives to The Strategy Map
  • Advantages and Disadvantages of The Balanced Scorecard
  • Total Strategic Alignment

DAY 4

How to Implement and Evaluate Strategic Business Plans 

  • Stakeholder Analysis and Communication
  • Allocating People and Resources to The Plan
  • Evaluating and Improving Performance against Plan
  • How to Assess and Manage Risk
  • Performance Measurement and Management

DAY 5

Putting the Strategic Business Plan into Action

  • Communicating Strategy to Align Your Organisation
  • Gaining Commitment to, and Responsibility for, The Strategy
  • Effective Implementation - Converting Strategic Plans into Tangible Results
  • Case Study: Linking Operational Plans with Strategic Objectives
  • Personal Goals, Plans and Commitment to Act
Module 2: Developing Project Strategy in the Oil and Gas Industry

DAY 6

Concepts of Project Management & Intricacies of Project Approval in Oil & Gas Industry

  • Projects and Programmes
  • Project Life Cycles and Stage Gates
  • Project Sanctioning and Approval Process (PSAP) for the Oil & Gas Industry
  • Development of the Strategic Project Business Case
  • Project Identification – Awareness of Accountability of Project Ideas
  • Exploratory Decision Analysis

DAY 7

Project Context For Oil & Gas Projects

  • Appreciation of Macro-Environment in Relation to Project Choice
  • Understand Who Stakeholders Are and How They May Impact Upon the Project
  • Regulatory Framework, Institutional Factors and Infrastructure
  • Project Feasibility Decision Makers
  • Project Preparation & Planning Responsibilities

DAY 8

Project Financial Modelling and Project Leadership Skills

  • Structuring Project Finance Deals
  • Financing / Credit Risk Considerations for the Oil & Gas project
  • The Time Value of Money – How it applies to project finance
  • Yields and Rate of Return - Discounted Cash Flow (DCF) Analysis
  • Build an Executive Leadership Style that guides the project toward greater performance and profit
  • Understand the Project Organisation in a Typical Oil & Gas Project
  • Project Manager – Unique Requirements

DAY 9

Identify Reasons For Project Failures & Prepare for Successful Delivery and Integration

  • Understand Why Some Projects Fail
  • Gain an Understanding of Successful Projects and Analyse Reasons for Success
  • Development of the Project Charter
  • Define Success Criteria and KPI’s of an example Oil & Gas Project
  • Capture Project Requirements
  • Understand the Need for a Project Team Approach
  • Importance of Communication in an Oil & Gas Project
  • Working Collaboratively

DAY 10

Development Project Stakeholder Relationships & Project Communication

  • Identify and Plan to Engage with the Project’s Key Stakeholders
  • Creating Project Dashboards
  • Presenting Decisions to the Project Board
  • Recognising Need for Project Recovery
  • Control Decision-making
Certificates
  • On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates
  • Continuing Professional Education credits (CPE) : In accordance with the standards of the National Registry of CPE Sponsor, one CPE credit is granted per 50 minutes of attendance
Providers and Associations

Endorsed Education Provider

  • Quality Logo

GLOMACS is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org

In Association With

PetroKnowledge

PetroKnowledge

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

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