Oil and Gas Project Decision Support Course

Name: Oil and Gas Project Decision Support and Analysis Training Course
Availability: InStock

Turn technical, economic, and risk evidence into traceable project choices, portfolio rankings, and decision-gate recommendations.

Oil and Gas Project Decision Support Course

At a glance

Duration: 1 Week
Format: Classroom
Cities: London, Singapore, Tashkent, Barcelona, Kuwait, Dubai and more
Next session: 9 – 13 November 2026, London
Average fee: 7,500 €

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Oil and Gas Project Decision Support and Analysis Training Course

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Overview

Oil and Gas Project Decision Support and Analysis Training Course is a one-week course for project, economics, planning, technical, risk, portfolio, and assurance functions who leave with an Oil and Gas Project Decision Support File. Participants connect decision framing, alternatives, values, uncertainty, models, portfolio choices, and governance. The course replaces unsupported recommendations with traceable assumptions, probability judgments, sensitivity evidence, and decision records. Agile Leaders Training Center presents oil and gas project decision support and analysis.

Who Should Attend

Project leadership functions responsible for investment recommendations and decision gates
Project economics functions responsible for value measures and uncertainty cases
Planning functions responsible for assumptions, scenarios, options, and evidence
Subsurface and facilities functions responsible for technical ranges and trade-offs
Risk and portfolio functions responsible for uncertainty, ranking, and capital choices
Decision-assurance functions responsible for challenge, records, and governance

The course assumes participants already contribute to project evaluations, business cases, technical studies, risk reviews, or investment decisions, and it leaves out generic project execution, schedule and cost control, credit analysis, lending, accounting, detailed reservoir simulation, software programming, and AI development.

Departments and Industries

The course supports departments and industries that select, shape, rank, or assure capital projects under uncertainty.

Upstream exploration, appraisal, and field development
Midstream pipelines, storage, and export infrastructure
Refining, petrochemicals, and process facilities
Project development and investment planning
Corporate strategy and capital portfolio management
Technical assurance, risk, and project economics

Learning Objectives

By the end of this course, participants will be able to:

Build a decision frame, objectives hierarchy, and decision-rights map
Analyze alternatives with influence diagrams and decision trees
Apply probability, expected-value, sensitivity, scenario, and simulation evidence
Evaluate alternatives through multicriteria and real-options thinking
Prioritize projects through portfolio value, constraints, and interdependencies
Use bias challenge, stage-gate evidence, recommendations, and decision records

Course Agenda

Day 1: Frame the Project Decision

Decision Quality Frame, Alternatives, Information, Values, Logic, and Commitment Check
Project Decision Statement and Scope Boundary
Objectives Hierarchy and Value-Measure Register
Stakeholder, Decision-Right, and Governance Map
Alternative Generation and Screening Log

Day 2: Model Choices and Uncertainty

Influence Diagram and Dependency Map
Decision Tree, Chance Node, and Outcome Structure
Probability Assessment and Uncertainty Range Sheet
Expected Value and Value-of-Information Calculation
Assumption, Correlation, and Model-Limit Register

Day 3: Analyze Value and Robustness

One-Way Sensitivity and Tornado Diagram
Scenario Definition and Breakpoint Analysis
Monte Carlo Output and Probability Distribution Interpretation
Multicriteria Decision Matrix and Weighting Check
Real-Options Defer, Stage, Expand, or Abandon Logic

Day 4: Govern Portfolio Decisions

Project Portfolio Scoring and Ranking Matrix
Capital, Resource, Constraint, and Interdependency Map
Stage-Gate Evidence and Readiness Checklist
Bias, Overconfidence, Anchoring, and Challenge Protocol
Decision Recommendation, Rationale, and Record Template

Day 5: Practice Decision Assurance

Suggested Exercise: Frame a Field-Development Decision and Generate Alternatives
Suggested Exercise: Build a Decision Tree and Reconcile Uncertainty
Suggested Exercise: Interpret Sensitivity, Scenario, and Simulation Evidence
Suggested Exercise: Rank a Constrained Project Portfolio
Capstone Exercise: Complete the Oil and Gas Project Decision Support File

Practical Exercises

The course uses suggested activities to convert project choices, uncertainty, technical evidence, and stakeholder values into traceable recommendations.

Suggested activity: frame a project decision, define value measures, and separate decisions from uncertainties.
Suggested activity: calculate expected value and test how probability and consequence assumptions change the preferred alternative.
Suggested activity: compare decision-tree, sensitivity, scenario, simulation, and multicriteria evidence for one recommendation.
Suggested activity: challenge a portfolio ranking for constraints, interdependencies, bias, missing evidence, and decision readiness.

FAQs

Who suits oil and gas project decision support training, and what does it assume?

Oil and gas project decision support training suits project, economics, planning, technical, risk, portfolio, and assurance functions. It assumes experience with project evaluations, business cases, technical studies, risk reviews, or investment decisions.

How does oil and gas project decision support differ from project management training?

Oil and gas project decision support selects and shapes alternatives before or at decision gates through values, uncertainty, models, and evidence. Project management training concentrates on planning, executing, monitoring, and controlling approved work.

When should an oil and gas project use a decision tree?

A decision tree suits sequential choices where uncertain events change later options or outcomes. It makes decisions, chance events, probabilities, consequences, and expected values visible for comparison.

How does Monte Carlo analysis support oil and gas project decisions?

Monte Carlo analysis represents uncertain inputs as distributions and produces a distribution of project outcomes. Decision teams use it to interpret ranges, downside exposure, likelihoods, sensitivities, and model assumptions rather than relying on one forecast.

How are oil and gas projects ranked when criteria conflict?

Projects are ranked by defining decision criteria and value measures, applying transparent weights and scores, testing sensitivity, recognizing constraints and interdependencies, and recording where judgment changes the result.

Conclusion

Participants take back an Oil and Gas Project Decision Support File linking the frame, alternatives, values, uncertainties, models, portfolio evidence, challenge, recommendation, and decision record. The file changes fragmented studies into one traceable decision basis. It supports clearer trade-offs, more transparent uncertainty, documented governance, and recommendations that decision makers can test.

credits: 5 credit per day

Course Mode: full-time

Provider: Agile Leaders Training Center

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Showing 41-58 of 58 events

Location	Dates	Duration	Mode	Price
Cairo	Week 31, 2027 2 – 6 August 2027	1 Week	Onsite	€5,200
Munich	Week 31, 2027 2 – 6 August 2027	1 Week	Onsite	€6,500
Phuket	Week 31, 2027 8 – 12 August 2027	1 Week	Onsite	€8,000
Nice	Week 32, 2027 9 – 13 August 2027	1 Week	Onsite	€8,000
Istanbul	Week 33, 2027 16 – 20 August 2027	1 Week	Onsite	€6,000
Vienna	Week 34, 2027 23 – 27 August 2027	1 Week	Onsite	€7,500
Rome	Week 35, 2027 30 August – 3 September 2027	1 Week	Onsite	€6,500
Toronto	Week 36, 2027 12 – 16 September 2027	1 Week	Onsite	€16,000
Milan	Week 37, 2027 13 – 17 September 2027	1 Week	Onsite	€7,000
Johannesburg	Week 37, 2027 19 – 23 September 2027	1 Week	Onsite	€6,000
Cape town	Week 38, 2027 26 – 30 September 2027	1 Week	Onsite	€6,000
Abu Dhabi	Week 40, 2027 4 – 8 October 2027	1 Week	Onsite	€6,500
Geneva	Week 40, 2027 10 – 14 October 2027	1 Week	Onsite	€8,000
Tokyo	Week 42, 2027 18 – 22 October 2027	1 Week	Onsite	€12,000
Zanzibar	Week 42, 2027 24 – 28 October 2027	1 Week	Onsite	€6,000
Lagos	Week 43, 2027 31 October – 4 November 2027	1 Week	Onsite	€6,000
Paris	Week 44, 2027 1 – 5 November 2027	1 Week	Onsite	€6,500
Amsterdam	Week 45, 2027 8 – 12 November 2027	1 Week	Onsite	€6,500

Frequently asked questions

What does this course cover?

OverviewOil and Gas Project Decision Support and Analysis Training Course is a one-week course for project, economics, planning, technical, risk, portfolio, and assurance functions who leave with an Oil and Gas Project Decision Support File. Participants connect decision framing, alternatives, values, uncertainty, models, portfolio choices, and governance…

Are training dates available?

Yes. Available dates and destinations are listed in the course dates section on this page.

How can I register?

Choose an available date on this page and complete the registration form, or send a programme enquiry.

Can I download the course brochure?

Yes. Use the brochure download link provided on this page.

Oil and Gas Project Decision Support Course