An ILM Recognised Training Course
Professional Risk Manager
Scheduled Dates
Classroom
| 06 - 10 Jan 2025 | London - UK | $5,950 | RESERVE A SEAT |
| 20 - 24 Jan 2025 | Milan - Italy | $5,950 | RESERVE A SEAT |
| 17 - 21 Feb 2025 | London - UK | $5,950 | RESERVE A SEAT |
| 12 - 16 May 2025 | Dubai - UAE | $5,950 | RESERVE A SEAT |
| 23 - 27 Jun 2025 | London - UK | $5,950 | RESERVE A SEAT |
| 04 - 08 Aug 2025 | Dubai - UAE | $5,950 | RESERVE A SEAT |
| 29 Sep - 03 Oct 2025 | London - UK | $5,950 | RESERVE A SEAT |
| 10 - 14 Nov 2025 | Amsterdam - The Netherlands | $5,950 | RESERVE A SEAT |
| 01 - 05 Dec 2025 | London - UK | $5,950 | RESERVE A SEAT |
Online
| 10 - 14 Nov 2025 | Online | $3,950 | RESERVE A SEAT |
Are the scheduled dates matching with your needs?
We provide a wider range of training options. Tailored and customized, we can deliver your organisation’s training needs anytime, anywhere.
Why Choose this Training Course?
This PetroKnowledge “Professional Risk Manager” training course will enable you to deal with one of the most difficult challenges in 21st century management.
Evaluating the range of available risk management techniques and choosing the most appropriate action in each case are increasingly significant elements of managerial responsibility in today’s business environment. We cannot eliminate risk entirely, but our challenge is to identify the right risk to take and to minimise its potential negative impact. The training course will show you how to analyse and minimise risk; turn risk into opportunity; and manage uncertainty.
This PetroKnowledge training course is structured around the ISO 31000:2009 framework, principles and processes. It will also demonstrate how to develop internal control mechanisms and explain how to measure risk in terms of probability and potential impact, at the same time as ensuring that the organisation complies with increasingly strict international standards of corporate governance.
This PetroKnowledge training course will highlight:
- The knowledge to identify, analyse, evaluate, treat, monitor and control risks
- An overview of leading-edge tools and techniques used in risk management
- Insights into the fundamentals and role of risk management
- Effective risk management procedures based on ISO 31000:2009
- Increasing confidence in managing risk and exercising internal control
What are the Goals?
At the end of this PetroKnowledge training course participants will be able to:
- Understand risk management and its application within an organisation
- Identify, evaluate and control risk in strategy and operations of your organisation
- Design and implement an effective risk management process
- Ensure that your organisation can meet the rising standards of corporate governance
- Communicate the characteristics of effective risk management to your teams
Who is this Training Course for?
This PetroKnowledge Risk Management, Control and Compliance training seminar is potentially of great value to a wide range of managers who are responsible for evaluating issues that affect decisions on risk and the challenges of keeping control of increasingly complex businesses. The following would benefit from this PetroKnowledge training:
- Strategic and Operational Planners
- Financial Managers
- Human Resource Specialists
- Systems and Process Design Specialists
- Marketing and Commercial Managers
How will this Training Course be Presented?
This PetroKnowledge training course uses a range of proven advanced learning techniques to ensure maximum understanding, comprehension and retention of the information presented. This includes group discussions, facilitated case studies, presentations and team-based exercises. It will also include case examples of situations in which the course leader has been personally involved. Each session allows you to develop your skills and then to work out now to apply them in your organisation to:
- Increase the effectiveness of your current approach
- Prepare your plans for further development of these important managerial activities
Organisational Impact
In sending delegates to this PetroKnowledge training course, the organisation will gain the following benefits.
- Realistic perspectives on business prospects
- Risk-adjusted evaluations of development opportunities
- Improved feasibility analysis of proposed new projects
- Improved performance in strategic and operational management
- Closer match of programme/project objectives and outcomes
- Guaranteed compliance with rising standards of corporate governance
Personal Impact
In attending this PetroKnowledge training course, individual delegates will enhance the following skills:
- Incorporating risk analysis in all decisions
- Keeping projects under control against objectives and outcomes
- Applying risk-adjusted calculations of business potential
- Reducing the failure rate of high-risk projects
- Contributing to continuous improvement of risk, control and compliance processes
- Involving all team members in identifying and minimising risk
Daily Agenda
Day One: Understanding Risk Management – Context and Application
- Creating a robust strategy – the foundation of your business
- Understanding the difference between strategic and operational risk
- Risk and uncertainty: the difference between the two terms
- Risk aversion and risk tolerance – project selection and prioristisation
- Using quantitative and qualitative techniques in assessing risk
- The concept of the risk management cycle and how this works
Day Two: Identifying and Evaluating Risk
- The principal drivers of risk in contemporary business
- Assessing most significant categories of risk for business
- Global processes, guidelines and standards in risk assessment
- The relevance of ISO and the professional institutions
- Application of the main tools and techniques in managing risk and uncertainty
- Optimising a risk management process
Day Three: Understanding and Managing Specific Types of Risk (I)
- Strategic risk – deciding on the programme/project mix
- Incorporating risk analysis into business development decisions
- Contingency planning and understanding risk exposure
- Operational risk – coping with variance and divergence from plan
- Managing complexity in contemporary business structures
- Managing risk associated with alliances and joint ventures
Day Four: Understanding and Managing Specific Types of Risk (II)
- Financial risk – capital market dynamics, exchange rate exposure
- Risks associated with different forms of corporate capital structure
- Risks associated with management of cash flow/credit
- Legal risk – the requirements of corporate governance
- Risks associated with intellectual property law
- Product liability/litigation/reputational risk
Day Five: Embedding Risk Management into the Corporate Culture
- Latest developments in the field of risk management
- A structured approach to implementing risk management
- Case example of best practice and group discussion of its applicability
- Designing/developing a risk management process for your own organisation
- Implementing and embedding a risk management culture in your organisation
Certificate
- On successful completion of this Training Course / Online Training Course, a PetroKnowledge Certificate / E-Certificate will be awarded to the delegates.
- On passing the ILM assessment, delegates will be awarded with an endorsed certificate from ILM
Accreditation
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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].
