The digital learning ecosystem An efficient management approach to capability development, delivering smarter teams, improved productivity and better business outcome for the managers.
Bridging industry with academia An immersive and collaborative learning experience event, using OilSim simulator, providing highly relevant industry knowledge and soft skills.
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Digital Technology Courses Understand the impact of digital technologies on E&P business and industry
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. EnjoyableUpstream 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. EnjoyableBridging industry with academia An immersive and collaborative learning experience event, using OilSim simulator, providing highly relevant industry knowledge and soft skills.
Digital Technology Courses Understand the impact of digital technologies on E&P business and industry
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. EnjoyableUpstream 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. EnjoyableBridging industry with academia An immersive and collaborative learning experience event, using OilSim simulator, providing highly relevant industry knowledge and soft skills.
Develop measurable skills and capabilities
The course will focus on examining and applying qualitative and quantitative risk analysis techniques used in the Best Practice Assessment of uncertainties in a project-based enterprise.
Uncertainty is inherent in all projects and particularly in the aspects of technical, financial, schedule, legal, and quality performance. Project Risk Analysis is a body of expertise focused on the systematic and comprehensive analysis of the uncertainty in projects and project based operations.
Introduction and Processes
Day one will include an introduction to risk management and an overview of the qualitative approach to risk management. This will include discussions on planning risk management, identifying and assessing risks, and planning response strategies. The techniques covered will be applied to a case study project.
Day 2Quantitative Analysis
An overview of the qualitative approach to risk management, including the underlying principles will be covered on this day. The learning objectives will also include being able to use software to perform quantitative analysis. Initially, basic excel will be used to perform a simulation, but specific quantitative software will also be used to analyze the risks to a case study project budget.
Day 3Quantitative Schedule Analysis
An overview of how quantitative analysis can be used to assess the risks to a project schedule will be covered. The techniques will be applied to the case study project in order to achieve a more efficient schedule.
Day 4Project Strategy
On the final, day participants will work in teams to present the results of their risk analysis on their case study project.
This course is intended for any project personnel who require an understanding of how to effectively manage risks on projects.
Attendees will be required to have an understanding of project planning, monitoring, and control, as well as a basic comprehension of MS Excel and Project.
Customize your own learning journey and track your progress when you start using a defined learning path.