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Covid-19 update: Announcements

     ‘We at Prospects Development Services intend to continue to provide the full range of consultation services during the Coronavirus pandemic. We have already put in place measures to maintain a healthy environment for all staff and clients. We will continue to adapt and adjust our procedures as guidance changes. Please contact us on +4477 337 82193 to ensure business continuity. Booking can be arranged for future training by telephone, Skype or WhatsApp.’

Managing Non-Technical Risks - MNTR

Introduction

Non-technical or societal risks have become the main source of business delays and budget overruns in the oil and gas industry. Non-technical risks typically are related to political, regulatory, health, safety, security, environmental, and social issues. Mitigation requires good external awareness and stakeholder engagement skills, but also the willingness of technical and commercial teams to work closely together with the non-technical disciplines to accommodate non-technical perspectives in project designs and plans.

This course looks at both the internal and the external challenges that a company may face related to stakeholder engagement. On the external side, we look at current trends in western and non-western societies, we study key stakeholder groups, in particular those seen as 'difficult to deal with,' and then cover the practicalities of creating and maintaining effective relationships. However, a company will not be effective in its response to the external world if it is not well organised internally. Therefore, this course will also look at processes and tools to ensure internal alignment and cooperation with the aim to link external.

Course Content

  • Important trends in the relationship between business and society
  • The business case for active management of non-technical risks
  • Essential concepts of stakeholder engagement, including dealing with activist stakeholders
  • How to set up the internal structure and collaboration model to respond effectively to the external world
  • How to apply the tools to identify, assess, quantify, and mitigate non-technical risks
  • How to integrate non-technical risks into business decision-making processes

Learning Outcomes

  • Trends in western and non-western societies affecting oil and gas companies
  • The business impact of non-technical risks: the case for action
  • An overview of modern stakeholder engagement models
  • Methods to deal with NGO's, activist investors, and communities
  • Insight in the power and limitations of multi-stakeholder initiatives
  • Internal organisational and cultural complexities and challenges, and practical solutions
  • Essential international standards as required by international lenders and institutions
  • Application of the project risk management framework and its tools to non-technical risks
  • Quantification of non-technical risks to drive focus and action
  • Linking up with the business decision-making process
  • Dealing with internal resistance to change by learning from the safety journey
  • Participants will leave with a blueprint for implementation in their own company

 

NOTE: For our customised events all you need to do is provide us with what you want to achieve or tell us about the training requirements of the group and we will agree on a date, venue and produce a course proposal for you along with the costs. Discounts may be applicable for group booking or early birds.

Event Properties

Event Date 13/07/2020
Event End Date 24/07/2020
Registration Start Date 12/12/2019
Available place 25
Cut off date 10/07/2020
Individual Price £3,800
Location
Luton-London, UK
Bedfordshire-UK
Luton-London, UK
We are no longer accepting registration for this event
£3,800 25

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