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

An Intensive 10-Day Training Course

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

Scheduled Dates

09 - 20 Oct 2023 London - UK $12,900
14 - 25 Dec 2023 New York - USA $13,900
12 - 23 Aug 2024 New York - USA $13,900
07 - 18 Oct 2024 London - UK $12,900
02 - 13 Dec 2024 New York - USA $13,900
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The Structure

This PetroKnowledge training course is split into two modules:

MODULE I - Certificate in Strategy

MODULE II - Developing Project Strategy in the Oil & Gas Industry

Each module is structured and can be taken as a stand-alone training course; however, delegates will maximise their benefits by taking Module 1 and 2 back-to-back as a two-week training course.

Daily Agenda

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


  • On successful completion of this training course, a PetroKnowledge Certificate will be awarded to the delegates

In Association With

GLOMACS Training

Our collaboration with GLOMACS aims to provide the best training services and benefits for our valued clients

Visit Website ›

Frequently Asked Questions

How can I register for a training course?

  • To register online through our website, please click “Enroll Now” on the course page, complete and submit the form. A confirmation e-mail and instructions will be sent to the participant’s e-mail.
  • You may also get in touch with our Registration Team on
    +971 50 981 7386 | +971 2 557 7389 or send an email to

When and how do I arrange payments?

  • Payments can be made in USD or UAE local currency AED (Arab Emirates Dirhams) either by Bank Transfer or by Credit Card. Our Bank Account details will be provided on the invoice.
  • Course fees are payable upon booking unless a valid, authorized Purchase Order is provided and accepted.
  • Invoices will be sent via email/courier to the ID/name and address provided.
  • The course fee shall be settled prior to course start date. Corporate payments with existing payment policy shall be relayed to us in advance.

When should I expect to receive confirmation of registration?

Upon successful registration online, enrolment on the respective training course will be confirmed by Registration Team by e-mail along with the invoice and joining instruction.

Is there a discount for more than one registrant/course?

For corporate fees and group registration, please send your query to

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All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing (in any medium), transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.

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