Risk Assessment & Risk Management
for Oil & Gas Projects

Due to growing pressure to complete projects on schedule, within budget, and with the agreed deliverables, effectively identifying, managing, and controlling project risks is crucial for success. Project Managers must rely on proven methods to manage identified risks and be equipped with practical strategies to handle issues as they arise.

Through a combination of presentations, discussions, and hands-on exercises focused on the Oil and Gas industry, this course provides a clear and practical approach to addressing these challenges.

This 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

By the end of this 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

This 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.

• 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