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SRM Strategic Risk Management

5th August 2019 - 7th August 2019

Overview

The International Oil and Gas Industry, due to the inherent nature of its business is a high risk/ high reward field of endeavor. As operations within the upstream sector (E&P) often take place within harsh and remote environments, as the midstream sector serves to transport products with a variety of potential impacts on both people and the environment and as the downstream sector often operates in proximity to social infrastructure – the need to identify, assess and calculate risk, as well as to implement plans for control or mitigation are of paramount importance. Broadly speaking, there are 2 main categories of risk -operational risk and strategic risk.

This course has been specifically formulated to give participants a thorough grounding in what needs to be considered in the management of risk from a strategic perspective. This course is unique as unlike many other offerings, the focus here is on the ‘macro’ or ‘big picture’ risk.

Who Should Attend

  • Contract personnel/managers/administrators
  • Procurement departments
  • Individuals involved in managing project inventories
  • Individuals engaged within risk management
  • Team leaders
  • Anyone else wanting to learn more about EPC contracts

Key Learning Objectives

  • Acquire an understanding of risk management and its links with corporate strategy
  • Understand different strategic approaches that organisations adopt
  • Grasp the importance of dealing with change and the role that strategic risk management plays in creating a sustainable competitive advantage for the organization
  • Become familiar with the overarching importance of effectively managing critical interfaces
  • Know how to apply a range of analysis tools and techniques that will inform strategic risk management practices within the organization
  • Be able to assess the strategic capabilities of their organization
  • Grasp the critical importance of effectively managing stakeholders
  • Understand how to assess the organisations strategic risk procedures
  • Be able to create and manage a strategic risk management plan
  • Be aware of the relationship between strategic risk management and corporate social responsibility

Enquiry Form

Details

Start:
5th August 2019
End:
7th August 2019
Event Category:

Venue

Kuala Lumpur
Federal Territory of Kuala Lumpur,Kuala LumpurMalaysia+ Google Map
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