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Drilling Project and Risk Management

Course description

The course covers the application of sound project and risk management principles in the management of drilling operations. It uses a holistic, multi-disciplinary and integrated management approach that involves operations, personnel, administration, finance, and legal functions. The main goal of the course is to highlight the critical project and risk management issues that are required to run drilling projects in an efficient, safe, environmentally-friendly and cost-effective manner. At the end of the course, participants will be familiar with the key issues and principles, how to apply them in practice and how to integrate them in the asset or project team to optimize the management of the drilling project and manage the identified risks so as to increase value.

Audience

The course will be of most benefit 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 be suitable for senior drilling engineers, drilling superintendents and drilling supervisors.

Prerequisites

Course content

•    Overview of drilling project and risk management 
•    Cost Vs Value 
•    Contract models 
•    Project planning and design 
•    Planning software 
•    Drilling programming 
•    Tendering and contracting strategy 
•    Project finance and administration 
•    Supply chain management 
•    Reporting systems 
•    Communications and knowledge management 
•    Project close-out 
•    Management systems 
•    HSEQ management systems 
•    Introduction to risk management 
•    Risk management process 
•    Levels of risk management 
•    Operational risk assessments and analysis

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