A PMI Registered Training Course

Developing Project Strategy and
Strategic Management Certificate
in the Oil & Gas Industry

PMI® Registered Training Courses

Developing Project Strategy and Strategic Management Certificate in the Oil & Gas Industry

Scheduled Dates

Classroom

17 - 28 Aug 2026
New York - USA
$15,900
12 - 23 Oct 2026
London - UK
$12,900
07 - 18 Dec 2026
New York - USA
$15,900
16 - 27 Aug 2027
New York - USA
$15,900
11 - 22 Oct 2027
London - UK
$12,900
06 - 17 Dec 2027
New York - USA
$15,900

This training course is split into two modules:

Each module is structured and can be taken as a stand-alone training course; however, delegates will maximise their benefits by taking Modules I, and II back-to-back as a 2-week training course.

Daily Agenda

Module I: Certificate in Strategy

Day 1: What is Strategy?  Understanding The Bigger Picture  
  • Principles of Strategic Management and Business Planning
  • The Scope of A Strategic Business Plan
  • Creativity and Innovation in Strategic Management
  • The Importance of Consulting with Colleagues and other Stakeholders
  • Principles and Methods of Delegation
Day 2: Develop A Strategic Business Plan For Your Organization
  • Strategic Analysis of Your Environment
  • Industry Analysis Tools and Techniques
  • Tracking Market Developments
  • Understanding Your Organization's Ability to Respond to Market Opportunities and Threats
  • Strategic Fit of Your Organizations Structure, Business Processes and Culture
  • Generating, Prioritizing and Selecting Strategic Options
Day 3: How to Ensure Strategic Alignment 
  • Principles of Strategic Alignment
  • A Strategic Management System
  • Developing A Strategy Map
  • Alternatives to The Strategy Map
  • Advantages and Disadvantages of The Balanced Scorecard
  • Total Strategic Alignment
Day 4: How to Implement and Evaluate Strategic Business Plans 
  • Stakeholder Analysis and Communication
  • Allocating People and Resources to The Plan
  • Evaluating and Improving Performance against Plan
  • How to Assess and Manage Risk
  • Performance Measurement and Management
Day 5: Putting the Strategic Business Plan into Action 
  • Communicating Strategy to Align Your Organization
  • Gaining Commitment to, and Responsibility for, The Strategy
  • Effective Implementation - Converting Strategic Plans into Tangible Results
  • Case Study: Linking Operational Plans with Strategic Objectives
  • Personal Goals, Plans and Commitment to Act

Module II: Developing Project Strategy in the Oil & Gas Industry

Day 6: Concepts of Project Management & Intricacies of Project Approval in Oil & Gas Industry
  • Projects and Programmes
  • Project Life Cycles and Stage Gates
  • Project Sanctioning and approval Process. (PSAP) for the Oil & Gas Industry
  • Development of the Strategic Project Business Case
  • Project Identification–Awareness of accountability of Project Ideas
  • Exploratory decision-analysis
Day 7: Project Context for Oil & Gas Projects
  • Appreciation of macro-environment in relation to project choice
  • Understand who stakeholders are and how they may impact upon the project
  • Regulatory framework, institutional factors and infrastructure
  • Project Feasibility Decision makers
  • Project Preparation & Planning responsibilities
Day 8: Project Financial Modelling and Project Leadership Skills
  • Structuring project finance deals
  • Financing/ credit risk considerations for the Oil & Gas project
  • The time value of money – how it applies to project finance
  • Yields and rate of return - Discounted Cash Flow (DCF) analysis
  • Build an executive leadership style that guides the project toward greater performance and profit
  • Understand the Project Organisation in a typical Oil & Gas project
  • Project Manager–Unique Requirements
Day 9: Identify Reasons for Project Failures & Prepare for Successful Delivery and Integration
  • Understand why some projects fail
  • Gain an understanding of successful projects and analyse reasons for success
  • Development of the Project Charter
  • Define success criteria and KPI’s of an example Oil & Gas project
  • Capture Project Requirements
  • Understand the need for a project team approach
  • Importance of communication in an Oil & Gas project
  • Working Collaboratively
Day 10: Development Project Stakeholder Relationships & Project Communication
  • Identify and plan to engage with the project’s key stakeholders
  • Creating project dashboards
  • Presenting decisions to the project board
  • Recognising need for Project Recovery
  • Control Decision-making

Certificate

  • On successful completion of this Training Course / Online Training Course, a PetroKnowledge Certificate / E-Certificate will be awarded to the delegates.
  • On successful completion of this PetroKnowledge training course, Certificate with eligible Professional Development Units (PDUs) / Contact Hours from Project Management Institute (PMI®), will be awarded to the delegates

Accreditation

PMI® Registered Training Courses

Would an alternative date be more suitable?

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