Today, large projects in the oil and gas industry face daunting challenges as they become increasingly complex, innovative, and technologically demanding. Project decision and strategy making allow the determination of the basic long-term goals and objectives of an enterprise. It is more and more important than the correct project selection is made, that the benefits are clearly set out and understood at the outset and that the project is planned appropriately to support good delivery.
"If you will begin with certainties, you shall end in doubts, but if you will content, to begin with, doubts, you shall end in almost certainties." - Francis Bacon
Making good, solid project decisions is an extremely important task for organizations, but not an easy thing to do. This Developing Project Strategy in the Oil and Gas Industry training seminar offers an insight into decision-making procedures in a step-by-step manner. It presents decision-analysis, using different decision criteria, different types of information, and information of varying quality. It covers the analysis of decision alternatives and choices, as well as the goals and objectives that guide decision-making. We will take time to cover the key issues related to a decision maker's preferences regarding alternatives, criteria for choice, and choice modes, together with relevant risk assessment tools. All key information that will make delivering projects in the oil and gas industry more successful, from the viability of a project to recognize how to measure it with emphasis on timely delivery, cost-benefit, and value addition, will be discussed.
Key areas covered include:
This training seminar will highlight:
This Developing Project Strategy in the Oil and Gas Industry training seminar intends to guide successful project selection and delivery.
Criteria to be observed in generating the objectives:
By the end of this training seminar, participants will learn to:
Participants will receive thorough training on the subjects covered with the Instructor utilizing a variety of proven adult learning teaching and facilitation techniques. Project methodology includes an insight into organizational decision methods and short and long-term strategic considerations. This Developing Project Strategy in the Oil and Gas Industry training seminar includes an evaluation of project leadership skills required and will evaluate an applicable case study, with group discussion and critical analysis of this and other actual Oil & Gas projects.
In the current economic climate with challenges in the Oil and Gas Industry, the need to deliver projects successfully is immense and the ability to make the correct decisions in the appropriate manner is a key skill to allow us to deliver within the constraints, thus delivering profitable results to our organization.
The ability to manage a project is a core skill for project managers, but also anyone involved in delivering or leading packages of work in such a complex environment. When carried out properly projects are more predictable, value delivery is enhanced and client satisfaction is increased. Understanding how and when key decisions can be made and recognizing the impact that they can make on overall delivery is immense.
This training seminar is suitable for a wide range of professionals but will greatly benefit:
The audience should be positioned to pursue and maintain competitive operational and business efficiency, revenue maximization, and profitability for the organization.