Price volatility does not excuse weak discipline in high-cost project investment risk — it punishes it. The energy transition has not removed the need for rigour in investment risk; it has added to it. Participants gain a clear basis for measuring what this part of energy and hydrocarbon operations has actually achieved. Participants test their assumptions about high-cost project investment risk against scenarios designed to break weak ones. The programme takes participants through this area of energy and hydrocarbon operations end to end, from framing the problem to closing it out. The programme suits teams tackling investment risk together as readily as individuals attending alone. Organisations that document high-cost project investment risk properly resolve disputes about it far more quickly. The version of investment risk described in the manual and the version practised on the floor tend to diverge over time. It ends with a prioritised list of changes to the wider energy and hydrocarbon operations agenda that the participant is prepared to defend internally.
Expected Learning Outcomes
✓
Plan the handover of high-cost project investment risk so that capability is not lost when key staff move on.
✓
Model the economics of investment risk under a realistic range of price scenarios.
✓
Design permit and isolation controls covering the work involved in high-cost project investment risk.
✓
Structure contracts and service agreements covering investment risk.
✓
Test the organisation's response to high-cost project investment risk under conditions that are less than ideal.
✓
Verify that contractors working on investment risk meet the same standard as direct staff.
✓
Agree the first three actions on high-cost project investment risk that will be taken on returning to work.
Who Should Attend
✓
Consultants and service company personnel supporting clients on high-cost project investment risk.
✓
Public sector officials applying investment risk within a regulated framework.
✓
Facility and plant managers accountable for high-cost project investment risk.
✓
Shift supervisors and control room leads dealing with investment risk in real time.
✓
Contract and procurement staff supporting high-cost project investment risk.
✓
Analysts producing the data on which decisions about investment risk rest.
Course Modules
Open any module to see its sessions and topics.
01
High-cost project investment risk: contracts, contractors and service delivery
2 sessions · 8 points
Session 1What the last incident involving high-cost project investment risk should have taught us
Estimate the resource high-cost project investment risk requires to run as designed.
Verify isolation points for investment risk are proven and documented.
Model the economics of high-cost project investment risk at low, base and high price cases.
Define acceptance criteria for investment risk in advance.
Session 2The operating limits on investment risk and what happens beyond them
Set the trigger for a life-extension versus replacement study on high-cost project investment risk.
Review incident and near-miss history involving investment risk.
Check that management of change is applied to every modification of high-cost project investment risk.
Assess the emissions and discharge attributable to investment risk.
02
Investment risk: technical fundamentals and operating envelope
2 sessions · 8 points
Session 1Holding contractors on investment risk to the standard you hold yourself
Confirm handover documentation for high-cost project investment risk is complete and current.
Identify the data already collected that bears on investment risk.
Establish what evidence demonstrates high-cost project investment risk is under control.
Distinguish symptoms from causes when investment risk underperforms.
Session 2The paperwork for investment risk that is actually needed
Check that the permit regime covering high-cost project investment risk matches the actual hazard.
Identify where judgement in investment risk is legitimate and where it is not.
Identify the failure modes of high-cost project investment risk with the highest consequence.
Record the technical rationale for the chosen approach to investment risk.
03
Investment risk: integrity, inspection and condition assessment
2 sessions · 8 points
Session 1Escalation and decision rights in investment risk
Review the instrumentation on high-cost project investment risk for coverage gaps.
Establish the alarm philosophy applying to investment risk and remove nuisance alarms.
Verify emergency response arrangements cover the scenarios high-cost project investment risk can create.
Check that investment risk still works when volumes rise unexpectedly.
Session 2Comparing high-cost project investment risk with recognised practice
Confirm that those complying with high-cost project investment risk understand why it exists.
Define the safe operating envelope for investment risk and how deviations are detected.
Plan the sequence in which improvements to high-cost project investment risk will be introduced.
Verify six months later that changes to investment risk have held.
04
Investment risk: competence, certification and handover
2 sessions · 8 points
Session 1The permit and isolation regime that investment risk actually requires
Arrange the handover of high-cost project investment risk so capability survives staff changes.
Agree the indicators that will show whether investment risk is improving.
Confirm contractor competence records for anyone working on high-cost project investment risk.
Agree the smallest change to investment risk that would be visibly useful.
Session 2Building the investment case for investment risk that finance will accept
Write down the assumptions underpinning the approach to high-cost project investment risk.
Confirm that lessons from investment risk are shared beyond the team that learned them.
Prepare the response for the most likely failure in high-cost project investment risk.
Build the internal briefing that explains investment risk to those affected.
Choose the package that suits you
Silver Package
At least 3 people
USD1,250
Workshop or Program Participation
Airport Transfers
Customized Badge
Expert Mentorship (Private Sessions)
Supervision & Secretarial Services
Accredited Certificate of Participation
Complete Training Kit
Coffee Break
Closing Ceremony
Gold Package
At least 3 people
USD1,850
5-night stay in a 5-star hotel
Workshop or Program Participation
Airport Transfers
Customized Badge
Expert Mentorship (Private Sessions)
Supervision & Secretarial Services
Accredited Certificate of Participation
Complete Training Kit
Coffee Break
Closing Ceremony
Complete your registration
We will contact you within one business day to confirm.
