Safety & Risk Management in Oil & Gas Operation

OVERVIEW

A serious workplace injury or death changes lives forever – for families, friends, communities, and coworkers too. Human loss and suffering are immeasurable.  Occupational injuries and illnesses can provoke major crises for the families in which they occur. In addition to the increasing pressure to deliver projects on time, within budget, and with the agreed components, the need to identify, manage, and control 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 concisely and pragmatically.

OBJECTIVES

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.

TARGET PARTICIPANTS

• Project Management Team members
• Operations Managers
• Project Managers
• Oil and Gas Enterprise Architects

COURSE CONTENTS

1. THE RISK MANAGEMENT PROCESS WHEEL & IDENTIFYING RISK

• Proactive Risk Management Process
• The risk management process wheel
• The risk register
• Risk Management Planning
• Risk Identification
• Risk Identification Tools & Techniques

2. RISK RESPONSES & MANAGING RISKS

• Risk Response Planning
• Building a Risk Management Plan
• Calculating risk management budget
• Monitoring & Reviewing
• Opportunity Assessment
• Project Execution Risk Assessment

3. REPORTING RISK MANAGEMENT OUTCOME

• Creating an Oil & Gas Risk Questionnaire
• Risk evaluation
• Risk evaluation report
• Course evaluation