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Why Choose this Training Course?
Why Choose this Course?
The oil and gas industry is subject to a wide range of risks. These range from external factors impacting on demand such as the world economy, and the rise of competing technologies, to internal risks such as environmental compliance and project over run, back down to the risks associated with suppliers such as availability, quality and pricing of goods and services.
Only by correctly identifying the risks in all areas of the supply chain can the oil and gas industry protect itself when the supply chain threatens to break at a weak link.
This PetroKnowledge training course will highlight:
Critical understanding of the internal and external risks in the Supply chain
Planning and risk management
Ability to manage risks as they arise
Supplier relationship and risk management
Examples of the use of Contractual Terms and Conditions to allocate risk
What are the Goals?
What are the Goals?
At the end of this PetroKnowledge training course, you will learn to:
Provide an understanding of how risk arises along the supply chain
Use different methods of identifying and assessing risk
Review the impacts of different approaches to risk allocation
Implement different Contract types to transfer risks
Continually review risk management techniques during the life of a contract
Who is this Training Course for?
Who is this course for?
This training course is suitable to a wide range of professionals but will greatly benefit:
Supply Chain Professionals
Contracts, Tendering, Purchasing, Procurement, and Project personnel
Contract Administration, Engineering, Operational, and Maintenance personnel
Risk, Claims, Financial, and Audit personnel
And all others who are involved in the planning, evaluation, preparation and management of tenders, specifications, awards, and contracts that cover the acquisition of materials, equipment, and services and who are in organizations whose leadership want high levels of competency in those involved in these activities
How will this Training Course be Presented?
How will this be presented?
This training course will utilise a variety of proven highly interactive adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. The course is highly interactive and will prompt delegates to reflect on their current practices and goals. The tutor will guide and facilitate learning using a wide range of methods including direct input, discussions, case studies and exercises in groups and pairs.
The organisation will be able to plan to avoid or minimise disruption to operations which result in costly shutdowns and lost production, and to minimise the need for expensive expediting. By looking ahead the organisation should also be able to minimise ongoing costs of production and production support, thus enhancing profitability and efficiency.
Delegates will leave with a skill set that will allow them to anticipate, and then manage, risks that can lead to significant problems for their organisation. These skills can be applied in a range of roles and environments. Each delegate will create a personal action plan for immediate implantation.
Day One: The Supply chain
Defining the Supply Chain
Segmenting the Oil & Gas Supply chain and Procurement
Defining Risk in process industries
Risk Assessment Process
Proportionality of control
Day Two: Managing and Transferring Risk
Nature of contracts
Stakeholders in Risk
Risk management tools
Relationships and risk ownership
Day Three: Contractual Risk Management
Types of Contracts
Day Four: Dealing with Risk
Ethics and Fraud
Financial and Economics risks
Political and international risk
Environmental risks arising from the oil and gas supply chain
Labour disputes and other personnel risks
Day Five: Planning for Risk Management
On successful completion of this training course, a PetroKnowledge Certificate will be
awarded to the delegates