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

Module 1: Certificate in Strategy

Day One: 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 Two: Develop A Strategic Business Plan For Your Organisation 

• Strategic Analysis of Your Environment
• Industry Analysis Tools and Techniques
• Tracking Market Developments
• Understanding Your Organisation's Ability to Respond to Market Opportunities and Threats
• Strategic Fit of Your Organisation’s Structure, Business Processes and Culture
• Generating, Prioritizing and Selecting Strategic Options

Day Three: 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 Four: 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 Five: Putting the Strategic Business Plan into Action 

• Communicating Strategy to Align Your Organisation
• Gaining Commitment to, and Responsibility for, The Strategy
• Effective Implementation - Converting Strategic Plans into Tangible Results
• Linking Operational Plans with Strategic Objectives
• Personal Goals, Plans and Commitment to Act

Module 2: Developing Project Strategy in the Oil and Gas Industry

Day Six: 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 Seven: 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 Eight: 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 Nine: 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