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January 18, 2022
This programme is geared at enhancing working executives' careers. The SEMP is an encapsulated Senior Management Programme for the High Performance Managers and Directors who work in critical roles and need an intensive course to cover the key areas that drive success and profit in business today.
Due to the 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 course addresses these issues in a concise and pragmatic manner.
This training course will feature:
This training course will utilize a variety of proven adult learning techniques to ensure maximum understanding. The 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.
About the Special Executive Masters Programme
The MSBM Special Executive Masters Programme is short certificate modules designed for anyone who would benefit from more in-depth business knowledge delivered in a short and intensive Programme. This Programme is suitable for successful professionals or specialists in the private, public or non-profit making sectors that have new management responsibilities and need to quickly expand their management knowledge.
The (SEMP) Programme serves as a refresher course for those who have had their Masters a long time ago and need a quick reminder or as an academic update while it serves as a crash Programme for those very experienced professionals who never made time out for their masters yet they require the academic and practical relevance of this masters’ experience. It is a good Programme for individuals who are newly promoted to the managerial post, the program enables them to acclimatize to the new position as well as help them intake the right decisions.
By the end of this course, participants will be able to:
Who should attend?
This 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.
Some of the management positions that usually attend to this course are:
Project Management Team members
Oil and Gas Enterprise Architects
Maintenance & Reliability Engineers
Technical managers & supervisors
Board level executives and non-executives
Consultants in Project, Asset, Maintenance and Risk Management
Day 1: 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 2: The Risk Management Process Wheel & Identifying risk
Proactive Risk Management Process
The risk management process wheel
The risk register
Risk Management Planning
Risk Identification tools & Techniques
Day 3: Risk Analysis
Qualitative risk analysis
High-Reliability Organizations (HROs)
The risk matrix
Decision Making Grid (DMG)
Quantitative Risk Analysis (QRA)
Fault Tree Analysis (FTA) and Reliability Block Diagrams (RBD)
Day 4: Risk Responses & Managing Risks
Risk Response planning
Building a Risk Management Plan
Calculating the risk management budget
Monitoring & Reviewing
Project Execution Risk Assessment
Day 5: Reporting Risk Management Outcome
What makes a bad report?
What makes a good report?
Creating an oil & gas risk questionnaire
Risk evaluation report
January 18, 2022