An intensive professional development training course on

Risk Assessment
& Risk Management
for Oil & Gas Projects

Minimising Risk and Maximising Resilience - from Theory to Practice

Classroom Training

05 - 09 Feb 2024 Dubai - UAE	$ 5,950 Register
08 - 12 Jul 2024 London - UK	$ 5,950 Register
02 - 06 Sep 2024 Dubai - UAE	$ 5,950 Register

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Brochure

Why Choose this Training Course?

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 course addresses these issues in a concise and pragmatic manner.

This 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

What are the Goals?

By the end of this AZTech 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

Who is this Training Course for?

This 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.

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

How will this Training Course be Presented?

This training course will utilize a variety of proven adult learning techniques to ensure maximum understanding. The course will be highly interactive. Following an introductory session, short input sessions will be provided followed by delegates being given the opportunity to put into practice the lessons learned in the preceding topic.

Illustrations of risk management from the real world will be provided and delegates will be encouraged to contribute examples and illustrations from their own experiences.

The Course Content

Day One: Introduction to Organisational Risk

Pro’s and con’s 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 Two: The Risk Management Process Wheel & Identifying risk

Proactive Risk Management Process
The risk management process wheel
The risk register
Risk Management Planning
Risk Identification
Risk Identification tools & Techniques

Day Three: Risk Analysis

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

Day Four: 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 Five: 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
Course evaluation

The Certificates

AZTech Certificate of Completion for delegates who attend and complete the training course
The applicable PMI Professional Development Units/Contact Hours will be reflected in the Certificate of Completion

Accreditation

AZTech as an A.T.P. (Authorised Training Partner) has been approved by PMI to issue applicable Professional Development Units (PDUs) for its Project Management training courses. PMI allows credential holders to apply PDUs to the maintenance of their credentials where one contact hour of training is equivalent to one PDU.

PMI is a registered mark of the Project Management Institute, Inc.