A PMI® Registered Training Course
Risk Assessment & Risk Management
for Oil & Gas Projects
Minimising Risk and Maximising Resilience - from Theory to Practice
Scheduled Dates
Classroom
| 12 - 16 May 2025 | Barcelona - Spain | $5,950 | RESERVE A SEAT |
| 26 - 30 May 2025 | Accra - Ghana | $5,950 | RESERVE A SEAT |
| 30 Jun - 04 Jul 2025 | Accra - Ghana | $5,950 | RESERVE A SEAT |
| 07 - 11 Jul 2025 | London - UK | $5,950 | RESERVE A SEAT |
| 14 - 18 Jul 2025 | London - UK | $5,950 | RESERVE A SEAT |
| 01 - 05 Sep 2025 | Dubai - UAE | $5,950 | RESERVE A SEAT |
| 08 - 12 Sep 2025 | Dubai - UAE | $5,950 | RESERVE A SEAT |
| 02 - 06 Feb 2026 | Dubai - UAE | $5,950 | RESERVE A SEAT |
| 11 - 15 May 2026 | Barcelona - Spain | $5,950 | RESERVE A SEAT |
| 08 - 12 Jun 2026 | Accra - Ghana | $5,950 | RESERVE A SEAT |
| 13 - 17 Jul 2026 | London - UK | $5,950 | RESERVE A SEAT |
| 07 - 11 Sep 2026 | Dubai - UAE | $5,950 | RESERVE A SEAT |
Online
| 08 - 12 Sep 2025 | Online | $3,950 | RESERVE A SEAT |
| 05 - 09 Jan 2026 | Online | $3,950 | RESERVE A SEAT |
| 07 - 11 Sep 2026 | Online | $3,950 | 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?
Because of increased pressure to deliver projects on time, within budget and with the agreed components, the need to identify, manage and control the project-based risks becomes central to success. Project Managers need to use tried and accepted techniques for managing identified risks and have access to practical strategies for dealing with issues as they emerge.
Using a mixture of presentations, discussions and practical exercises related to the Oil and Gas industry, this PetroKnowledge training course addresses these issues in a concise and pragmatic manner.
This PetroKnowledge training course will feature:
- Project management and risk assessment in oil and gas industry
- Setting criticality analysis and priorities for different assets
- Performance of root cause analysis
- Managing performance of assets
- Learning from major failures in different industries
What are the Goals?
By the end of this PetroKnowledge training course, participants will be able to:
- Use practical steps and processes to manage project risk
- Identify threats & opportunities & weigh their relative value in a project
- Control multiple risks using limited strategies
- Overcome psychological barriers to risk in stakeholders & team members
- Evaluate risk assessment & risk management during the project closure phase of the project
Who is this Training Course for?
This PetroKnowledge training course is suitable for a wide range of professionals who are involved in any aspect of Project and Risk Management and who want to understand, implement and improve the latest Risk and Project Management concepts, processes and ideas.
This PetroKnowledge training course is suitable to a wide range of professionals but will greatly benefit:
- Project Management Team members
- Operations Managers
- Project Managers
- Oil and Gas Enterprise Architects
- Asset Managers
- Maintenance Managers
- Maintenance & Reliability Engineers
- Technical managers & supervisors
- Board level executives and non-executives
- Consultants in Project, Asset, Maintenance and Risk Management
How will this Training Course be Presented?
This PetroKnowledge training course will utilize a variety of proven adult learning techniques to ensure maximum understanding. The training course will be highly interactive. Following an introductory session, short input sessions will be provided followed by delegates being given the opportunity to put into practice the lessons learned in the preceding topic.
Illustrations of risk management from the real world will be provided and delegates will be encouraged to contribute examples and illustrations from their own experiences.
Daily Agenda
Day One: Introduction to Organizational Risk
- Pros and cons of risk management
- Practical experience with risk assessment & risk management in various industries
- Risk Management throughout a project life cycle
- Methods to increase company-wide awareness, understanding & senior level support
- Risk Management at various levels of an organization
- Business risks vs technical risks vs implementation risks
Day Two: The Risk Management Process Wheel & Identifying Risk
- Proactive risk management process
- The risk management process wheel
- The risk registers
- Risk management planning
- Risk identification
- Risk identification tools & techniques
Day Three: Risk Analysis
- Qualitative risk analysis
- High Reliability Organisations (HROs)
- The risk matrix
- Decision Making Grid (DMG)
- Quantitative Risk Analysis (QRA)
- Fault Tree Analysis (FTA) and Reliability Block Diagrams (RBD)
Day Four: Risk Responses & Managing Risks
- Risk response planning
- Building a risk management plan
- Calculating risk management budget
- Monitoring & reviewing
- Opportunity assessment
- Project execution risk assessment
Day Five: : Reporting Risk Management Outcome
- What makes a bad report?
- What makes a good report?
- Creating an oil & gas risk questionnaire
- Risk evaluation
- Risk evaluation report
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
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].
