The digital learning ecosystem An efficient management approach to capability development, delivering smarter teams, improved productivity and better business outcome for the managers.
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Training provider of the year: 2013, 14 and 15
Upstream learning simulator With more than 50,000 participants instructed in various disciplines, data driven OilSim runs real-world oil and gas business scenarios and technical challenges.Engaging. Educational. Enjoyable
This course helps the energy industry managers and executives to better use the tool commonly referred to as “cost-benefit analysis” or CBA. As a formal assessment of an organization’s project costs and benefits, CBA attempts to measure and compare the efficiency of project options. This type of analysis has become standard practice in project analysis and program evaluation—particularly in cases where there are new strategic or capital investments. The goal of the course is to provide the participants with the conceptual foundations and practical skills they will need to be thoughtful consumers and producers of CBA.
The class will draw on qualitative, quantitative, and analytic skills. As a practical matter, a basic familiarity with the energy industry, microeconomic theory, statistics, and algebra is assumed.
Introduction to Cost-Benefit Analysis (CBA)
Course participants will learn about basic issues and practices in CBA.Day 2
The CBA Process
Course participants will learn about the CBA process, systems and practice applying different measures used in CBA.Day 3
CBA Application IssuesBenchmarking Measures in CBA
This section will show course participants how to apply CBA in current energy industry environments.Day 4
Advanced CBA Topics: Limitations and Comparisons
Participants will also have the opportunity to learn about advanced topics in CBA including determining how to include real world limitations and comparisons in CBA.
This course is intended for employees who are in a management, technical or executive position with an energy company.
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