The 10-Day Advanced Project Economics & Performance Management for Oil & Gas Professionals

This Gulf Rowad, The 10-Day Advanced Project Economics & Performance Management for Oil & Gas Professionals training course uses a range of approaches to learning, including experiential group activities, individual exercises, mini-case studies, and computer work using PCs to apply risk management approaches. A key part of the learning process is sharing the differing experiences participants bring, as well as experimenting with novel – and sometimes challenging – techniques.

By the end of this Gulf Rowad training course, you will be able to:

• Appreciate attitudes to uncertainty and apply decision tree analysis and other risk management techniques
• Gain skills in the application of specific risk management simulation software package
• Conduct an economic study on petroleum related projects
• Use economic terms and concepts applied in the oil & gas industry to select appropriate projects
• Create Key Performance Indicators & establish additional metrics to measure the increasingly complex nature of modern projects
• Compose effective dashboards and scorecards to report project performance
• Apply generally accepted project management techniques to establish and control an integrated project plan baseline

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

• Planning Managers
• Oil & Gas Engineers
• Project Managers
• Project Management Professionals
• Analysts
• Commercial Managers
• Economists
• Government Officials
• Geologists
• Business Advisors
• Asset Managers
• E&P Managers
• Other key members of oil & gas project teams

Organisational Impact

By sending delegates on this training course your organization will benefit by:

• Enhanced decision-making  and time and resource allocation - leading to better organisational and individual performance
• Use of a well proven planning process
• Increased  recognition of key influences impacting oil & gas field developments
• Excelling in project management practice and increasing organizational maturity
• Equipping employees in refining abilities for project leadership and management
• Gaining confidence from customers by having project professionals capable of applying consistent project management techniques and effective progress communication processes

Personal Impact

By attending this training course, you will:

• Evaluate investment and design alternatives with decision tree analysis
• Gain operational decision making techniques using @Risk
• Gain valuable knowledge in identifying the important uncertainties in petroleum projects
• Appreciating the need to recognize that value-driven approaches and a focus on “outcomes rather than outputs” is fast becoming the driving force of projects
• Familiarize yourself with the PMI PMBOK® standard which will support any future endeavors in pursuing the widely recognized CAPM® and PMP® certifications