This training course is split in two modules:
MODULE I - Certificate in Strategy
MODULE II - Developing Project Strategy in the Oil and Gas Industry
Each modules is structured and can be taken as a stand-alone training course; however, delegates with will maximise their benefits by taking Module 1 and 2 back-to-back as a 2-week training course.
Module 1: Certificate in Strategy
Day One: What is Strategy? Understanding The Bigger Picture
- Principles of Strategic Management and Business Planning
- The Scope of A Strategic Business Plan
- Creativity and Innovation in Strategic Management
- The Importance of Consulting with Colleagues and other Stakeholders
- Principles and Methods of Delegation
Day Two: Develop A Strategic Business Plan For Your Organisation
- Strategic Analysis of Your Environment
- Industry Analysis Tools and Techniques
- Tracking Market Developments
- Understanding Your Organisation's Ability to Respond to Market Opportunities and Threats
- Strategic Fit of Your Organisation’s Structure, Business Processes and Culture
- Generating, Prioritizing and Selecting Strategic Options
Day Three: How to Ensure Strategic Alignment
- Principles of Strategic Alignment
- A Strategic Management System
- Developing A Strategy Map
- Alternatives to The Strategy Map
- Advantages and Disadvantages of The Balanced Scorecard
- Total Strategic Alignment
Day Four: How to Implement and Evaluate Strategic Business Plans
- Stakeholder Analysis and Communication
- Allocating People and Resources to The Plan
- Evaluating and Improving Performance against Plan
- How to Assess and Manage Risk
- Performance Measurement and Management
Day Five: Putting the Strategic Business Plan into Action
- Communicating Strategy to Align Your Organisation
- Gaining Commitment to, and Responsibility for, The Strategy
- Effective Implementation - Converting Strategic Plans into Tangible Results
- Linking Operational Plans with Strategic Objectives
- Personal Goals, Plans and Commitment to Act
Module 2: Developing Project Strategy in the Oil and Gas Industry
Day Six: Concepts of Project Management & Intricacies of Project Approval in Oil & Gas Industry
- Projects and Programmes
- Project Life Cycles and Stage Gates
- Project Sanctioning and Approval Process (PSAP) for the Oil & Gas Industry
- Development of the Strategic Project Business Case
- Project Identification – Awareness of Accountability of Project Ideas
- Exploratory Decision Analysis
Day Seven: Project Context For Oil & Gas Projects
- Appreciation of Macro-Environment in Relation to Project Choice
- Understand Who Stakeholders Are and How They May Impact Upon the Project
- Regulatory Framework, Institutional Factors and Infrastructure
- Project Feasibility Decision Makers
- Project Preparation & Planning Responsibilities
Day Eight: Project Financial Modelling and Project Leadership Skills
- Structuring Project Finance Deals
- Financing / Credit Risk Considerations for the Oil & Gas project
- The Time Value of Money – How it applies to project finance
- Yields and Rate of Return - Discounted Cash Flow (DCF) Analysis
- Build an Executive Leadership Style that guides the project toward greater performance and profit
- Understand the Project Organisation in a Typical Oil & Gas Project
- Project Manager – Unique Requirements
Day Nine: Identify Reasons For Project Failures & Prepare for Successful Delivery and Integration
- Understand Why Some Projects Fail
- Gain an Understanding of Successful Projects and Analyse Reasons for Success
- Development of the Project Charter
- Define Success Criteria and KPI’s of an example Oil & Gas Project
- Capture Project Requirements
- Understand the Need for a Project Team Approach
- Importance of Communication in an Oil & Gas Project
- Working Collaboratively
Day Ten: Development Project Stakeholder Relationships & Project Communication
- Identify and Plan to Engage with the Project’s Key Stakeholders
- Creating Project Dashboards
- Presenting Decisions to the Project Board
- Recognising Need for Project Recovery
- Control Decision-making