Risk Management in the Supply Chain
for the Oil, Gas & Petrochemicals Industry

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 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 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.