Introduction
The Project Financial Control & Project Management training course provides the essential knowledge and skills to enable delegates to successfully control costs; prepare, manage and control budgets. It also provides solutions to the strategic issues facing the Oil & Gas Industry, enabling delegates to effectively managing existing projects and recommend sustainable growth strategies in an in an efficient and cost effective manner.
This Project Financial Control & Project Management training seminar will feature:
- A detailed understanding of costing and budgeting in the Oil & Gas industry, focusing on leading international practice
- Examination and evaluation of the latest techniques
- Skills development via interactive sessions
- Key discussion of strategic and operational issues currently facing the Oil & Gas industry
WHO SHOULD ATTEND?
To ensure maximum benefit, the Project Financial Control & Project Management training course is specifically tailored to those within the Oil & Gas Industry. It is suitable to a wide range of professionals within the oil & gas industry, but will greatly benefit:
- Key Personnel involved in Cost Control, Budgeting, Project and Risk Management
- Non-technical professionals who require a financial perspective of Strategic Management, Budgeting & Project Management
- Financial Controllers and Internal Auditors
- Those who wish to bring their skills and understanding up to international standards
- Professionals with a desire to improve both, their own and their organization’s strategic decisions
Seminar Objectives
The Project Financial Control & Project Management training seminar aims to enable participants to achieve the following objectives:
- Understand the reasons and impact of oil price and demand volatility
- Recommend strategic solutions to budget issues
- Measure and control costs effectively in a competitive environment
- Prepare, manage and control budgets in the Oil & Gas sector
- Use budgets to make effective decisions to ensure growth, maintain profitability and reduce risk
- Recommend innovative hedging strategies used by leading international companies to control risk and manage budgets effectively
- Manage projects and contracts using the latest international techniques
Training Methodology
The Project Financial Control & Project Management training course uses methods chosen to ensure effective learning, to reinforce understanding, to develop practical skills and to promote the critical evaluation of information. Interest is maintained throughout each session using a variety of formats, including:
- Real world Oil & Gas case studies demonstrating the practical application of each topic
- Illustrative extracts from Oil & Gas companies
- Discussion of issues specifically relevant to your organisation
- Illustrated presentations of Oil & Gas budget issues focusing on recent events and strategic issues
Seminar Summary
The Project Financial Control & Project Management training seminar provides the essential knowledge and skills to enable delegates to successfully control costs; prepare, manage and control budgets effectively in the Oil & Gas sector. Knowledge and skills, vital for an industry which currently faces severe pressure on Gross Margins due to oil price volatility and fluctuations in demand. The training also highlights the latest innovative hedging strategies used by leading international companies.
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