Drilling Risk Management Certification
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Drilling Risk Management Certification Course
Introduction:
During this course, participants will learn project and risk management principles and how to apply these principles during drilling operation management. Attendees will experience a holistic, multi-disciplinary, and integrated management course that will involve operations, personnel, administration, finance, and legal functions. The main goal of this course will be to teach participants how to apply the critical project and risk management concepts that are required to run drilling projects in a safe, efficient, cost-effective, and environmentally-friendly manner.
Course Objectives:
By the end of the course, participants should be familiar with the key issues and principles associated with drilling projects and risk management, as well as how to apply those learned skills. Participants will also learn how to integrate these principles in the asset or project teams to optimize the management of the drilling project and manage identified risks in order to increase the value of a project.
Who Should Attend?
The course will be most beneficial to drilling managers, general managers, asset managers, project managers, finance managers, and project controllers with direct responsibility for, or involvement in, the management of resources with on-going or planned drilling operations. It is also suitable for experienced drilling engineers, drilling superintendents, and drilling supervisors.
Course Outlines:
Drilling Project and Risk Management
- Overview of drilling project and risk management
- Cost vs Value
- Contract models
- Project planning and design
On the first day, while learning about drilling project and risk management concepts, participants will discover the difference between cost and value, as well as the different styles and uses of contract forms. The day will conclude with important aspects of project planning and design for the good planner.
Drilling Software and Programming
- Planning software
- Drilling programming and analysis
- Tendering and contracting strategy
- Project finance and administration
The second day of this course will focus on drilling applications. Participants will learn the use of planning applications, the importance of drilling programming and analysis, as well as tendering and contracting strategy. Project finance and administration and how it affects the value and cost of projects will also be discussed.
Supply Chain Management and Reporting Systems
- Supply chain management
- Reporting systems
- Communications and knowledge management
- Project closeout
On the third day, participants will learn the function and importance of supply chain management and reporting systems. Elements of and types of communications and knowledge management are discussed so that their importance in project management can be well appreciated. Finally, the elements and purpose of project closeout will be covered.
Management
- Management systems
- HSEQ management systems
- Introduction to risk management
The focus of day four will be management and concepts of risk. Different styles and types of management systems, their functions and use will be covered this day. These management systems will include both the project, as well as important subsystems such as HSEQ. The concept of risk, how it is characterized and an introduction to how it is managed will finish the day.
Risk Management
- Risk management process
- Levels of risk management
- Operational risk assessments
The last day of this course will tie together the elements covered in this course so participants will better understand how to identify, quantify, and manage risk. This will include the administration, operational, and management aspects of risk. Participants will be able to better understand how risk management is integrated into project management and apply this knowledge to their job.
