Applied Safety - HS20

Key aspects of a stage-gate process; Influence of markets and regional practices on contract strategy development; Governance structure influence on decision making; Technology selection and engineering management in a limited resource environment; Stakeholder identification and influence planning for large, complex projects; How to influence the outcome of joint venture and non-operated projects; Critical factors in successful interface management; Risk identification and mitigation methodologies essential to preserve project value; Managing expectations associated with peer reviews, technical assists and gate approvals

Understanding corporate business; The importance of creating value for shareholders; How is value measured and what are the expectations of different stakeholders in the financial framework of corporations; Introduction to Economic Evaluation (NPV, IRR); The importance of discounting for capital intensive industries; Definition of the Cost of Capital and how it is calculated; Valuing businesses at the macro level; Creation of value and competitive advantage; The competitive environment in the petroleum industry; How is energy demand growing; Location and ownership of oil and gas reserves; Capital requirements and risk; Oil and gas pricing and drivers for the future; Examples of competitive advantage and how this has impacted the history of the business; Introduction to accounting; The purpose of accounts; Key financial statements; Demystification of the annual report; Introduction risk; Economic evaluation at the project level (NPV, IRR, CE, Payback); Economic impact of projects on book value, market capitalization, share price; Measuring competitive advantage through net present value, the value of incremental economics

Key aspects of a stage-gate process; Influence of markets and regional practices on contract strategy development; Governance structure influence on decision making; Technology selection and engineering management in a limited resource environment; Stakeholder identification and influence planning for large, complex projects; How to influence the outcome of joint venture and non-operated projects; Critical factors in successful interface management; Risk identification and mitigation methodologies essential to preserve project value; Managing expectations associated with peer reviews, technical assists and gate approvals

Understanding corporate business; The importance of creating value for shareholders; How is value measured and what are the expectations of different stakeholders in the financial framework of corporations; Introduction to Economic Evaluation (NPV, IRR); The importance of discounting for capital intensive industries; Definition of the Cost of Capital and how it is calculated; Valuing businesses at the macro level; Creation of value and competitive advantage; The competitive environment in the petroleum industry; How is energy demand growing; Location and ownership of oil and gas reserves; Capital requirements and risk; Oil and gas pricing and drivers for the future; Examples of competitive advantage and how this has impacted the history of the business; Introduction to accounting; The purpose of accounts; Key financial statements; Demystification of the annual report; Introduction risk; Economic evaluation at the project level (NPV, IRR, CE, Payback); Economic impact of projects on book value, market capitalization, share price; Measuring competitive advantage through net present value, the value of incremental economics