An Intensive 5-day Training Course
Effective Business Decisions using Data Analysis
Scheduled Dates
Classroom
| 16 - 20 Jun 2025 | Dubai - UAE | $5,950 | RESERVE A SEAT |
| 11 - 15 Aug 2025 | Istanbul - Turkey | $5,950 | RESERVE A SEAT |
| 29 Sep - 03 Oct 2025 | Dubai - UAE | $5,950 | RESERVE A SEAT |
| 01 - 05 Dec 2025 | London - UK | $5,950 | RESERVE A SEAT |
Would an alternative date be more suitable?
We offer a variety of tailored training options, customized to meet your organisation's needs. Delivered anytime, anywhere, we make it easy to bring expert training directly to your team.
Why Choose this Training Course?
This Effective Business Decisions using Data Analysis training course will highlight the added value that data analytics can offer a professional as a decision support tool in management decision making. It will show the use of data analytics to support strategic initiatives; to inform on policy information; and to direct operational decision making. The training course will emphasize applications of data analytics in management practice; focus on the valid interpretation of data analytics findings; and create a clearer understanding of how to integrate quantitative reasoning into management decision making. Exposure to the discipline of data analytics will ultimately promote greater confidence in the use of evidence-based information to support management decision making.
This PetroKnowledge training course will feature:
- Discussions on applications of data analytics in management
- The importance of data in data analytics
- Applying data analytical methods through worked examples
- Focusing on management interpretation of statistical evidence
- How to integrate statistical thinking into the work domain
What are the Goals?
By the end of this training course, participants will be able to:
- Appreciate data analytics in a decision support role
- Explain the scope and structure of data analytics
- Apply a cross-section of useful data analytics
- Interpret meaningfully and critically assess statistical evidence
- Identify relevant applications of data analytics in practice
Who is this Training Course for?
This PetroKnowledge training course is suitable to a wide range of professionals but will greatly benefit:
- Professionals in management support roles
- Analysts who typically encounter data / analytical information regularly in their work environment
- Those who seek to derive greater decision making value from data analytics
How will this Training Course be Presented?
This training course will utilize a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. The daily workshops will be highly interactive and participative. This involves regular discussion of applications as well as hands-on exposure to data analytics techniques using Microsoft Excel. Delegates are strongly encouraged to bring and analyze data from their own work domain. This adds greater relevancy to the content. Emphasis is also placed on the valid interpretation of statistical evidence in a management context.
This PetroKnowledge training course is suitable to a wide range of professionals but will greatly benefit:
- Professionals in management support roles
- Analysts who typically encounter data / analytical information regularly in their work environment
- Those who seek to derive greater decision making value from data analytics
Daily Agenda
Day One: Setting the Statistical Scene in Management
- Introduction: The quantitative landscape in management
- Thinking statistically about applications in management (Identifying KPIs)
- The integrative elements of data analytics
- Data: The raw material of data analytics (Types, quality and data preparation)
- Exploratory data analysis using excel (Pivot tables)
- Using summary tables and visual displays to profile sample data
Day Two: Evidence-based Observational Decision Making
- Numeric descriptors to profile numeric sample data
- Central and non-central location measures
- Quantifying dispersion in sample data
- Examine the distribution of numeric measures (skewness and bimodal)
- Exploring relationships between numeric descriptors
- Breakdown analysis of numeric measures
Day Three: Statistical Decision Making – Drawing Inferences from Sample Data
- The foundations of statistical inference
- Quantifying uncertainty in data – The normal probability distribution
- The importance of sampling in inferential analysis
- Sampling methods (Random-based sampling techniques)
- Understanding the sampling distribution concept
- Confidence interval estimation
Day Four: Statistical Decision Making – Drawing Inferences from Hypotheses Testing
- The rationale of hypotheses testing
- The hypothesis testing process and types of errors
- Single population tests (Tests for a single mean)
- Two independent population tests of means
- Matched pairs test scenarios
- Comparing means across multiple populations
Day Five: Predictive Decision Making - Statistical Modeling and Data Mining
- Exploiting statistical relationships to build prediction-based models
- Model building using regression analysis
- Model building process – The rationale and evaluation of regression models
- Data mining overview – Its evolution
- Descriptive data mining – Applications in management
- Predictive (Goal-directed) data mining – Management applications
Certificate
- On successful completion of this Training Course / Online Training Course, a PetroKnowledge Certificate / E-Certificate will be awarded to the delegates.
In Association With
Frequently Asked Questions
Why PetroKnowledge?
PetroKnowledge is a globally recognized provider of training courses for oil and gas professionals, offering a wide range of specialized training courses designed to enhance knowledge, skills, and expertise in the energy sector. With courses tailored to meet the evolving demands of the oil and gas industry, PetroKnowledge helps professionals stay up-to-date with industry standards, technological advancements, and best practices.
Who are these training courses designed for?
Our courses are specifically developed for professionals in the oil and gas industry, including engineers, technical staff, managers, and other specialists looking to advance their careers. Whether you’re a seasoned expert or new to the sector, our training for oil and gas professionals is suited to individuals at all stages of their professional journey.
Are the courses delivered online or in person?
PetroKnowledge offers flexible learning solutions with both online courses and in-person training options. Online courses for oil and gas professionals provide the flexibility to learn from anywhere, while in-person courses offer a hands-on, interactive learning environment. Each training course page provides detailed information on the delivery format, allowing you to choose the option that best meets your learning style and schedule
Can I get a customized training course for my team?
Yes, PetroKnowledge offers customized in-house training solutions for organizations looking to upskill their teams. We work closely with companies to design bespoke training courses for oil and gas professionals that address specific challenges and objectives. Whether you need on-site training or online solutions, we can tailor the training courses to suit your organization’s needs.
Are there any prerequisites for attending a course?
Certain advanced training courses for oil and gas professionals may require prior experience or technical knowledge. These prerequisites ensure that participants can fully benefit from the course content. We recommend reviewing the course description on the relevant page to determine if any prerequisites apply to your selected course.
How can I enroll in a course?
Enrolling in one of our training courses for oil and gas professionals is simple and convenient. Navigate to the specific course page, click “Enroll Now,” and complete the registration form. You will receive a confirmation email with further details on how to proceed.
You may also get in touch with our Registration Team on
+971 50 981 7386 | +971 2 557 7389 or send an email to [email protected]
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.
Will I receive a certificate after completing the course?
Yes, upon successful completion of our courses for professionals in the oil and gas industry, you will receive an industry-recognized certificate from PetroKnowledge. This certification is designed to validate your skills and knowledge and can significantly enhance your professional credentials, boosting your career prospects in the competitive oil and gas sector.
When and how do I arrange payments?
We offer two convenient payment options:
- Bank Transfer – You can make payment via bank transfer. Once your registration is confirmed, you will receive an invoice with the banking details for the transfer. We would require you to supply a swift copy for us to confirm receipt of funds.
- Payment Link – Alternatively, we provide a secure payment link that you can use to complete your payment after your registration has been confirmed.
What is the refund or cancellation policy?
Our refund and cancellation policy varies depending on the course and circumstances. Generally, cancellations made at least 21 days before the training are eligible for a refund, less any administrative fees. If you have any specific inquiries about the cancellation or refund, don’t hesitate to contact our support team, who can assist with your booking and cancellation queries.
Is there a discount for more than one registrant/course?
For corporate fees and group registration, please send your query to [email protected].
