Course Length: 5 days Course
Description

Investments are, by their nature, risky. Market
conditions and the constantly increasing pressure to competitively execute
program of investments safely, on time, within budget, with efficiency, and per
specifications vis-à-vis the desire for sustained success have necessitated the
need to strategically structure, lead, govern and deliver resource investments
on promised metrics or key performance indicators that governments and
businesses approve these days.

Strategy is a plan of action or policy designed
to achieve a significant investment goal or arrive at a
far-reaching solution. Consequently, strategic leadership encompasses the
relentless planning, organizing, monitoring, analysis
and appraisal of what a business needs to meet its set goals. In the same vein, Governance is all the processes of defining
expectations and ensuring adherence, usually undertaken by a government,
business, association, market, etc. in an organized setting.

 Governments, business leaders, portfolio and PMO managers
need to know the governance approaches and techniques for effective management
of their ministries, departments, and/or organizations. This training provides
insight into practical and relevant governance of individual projects, groups
of projects (like programs or portfolios) and board level governance of
projects, including cost management and production sharing
in an Oil, Gas and/or
Mining JV environment. It is based on current research results and builds on many
years of experience in implementing project governance structures in organizations.

This course zeroes in on the significance of strategic governance in successful Joint Venturing, Cost Management and Production Sharing,
including the symbiotic relationship amongst business leadership, program
leadership, decision-making, portfolio success and, ultimately, sustained
business success.

It combines sound academic theories and relevant industry
experience to inform the participants of the global governance and governmentality
best practices, and how effective and efficient governance drives business
success, even in a JV environment.

Case studies on recent resource investments success and
failure factors and the inferences therefrom will be rigorously assessed, yet
addressed in a succinct, albeit logical and focused manner.

 Who should
Attend?

This course is suitable to a wide range of leaders,
including:

·        
C-suite Leaders

·        
Operations Leaders

·        
Project Leaders

·        
Business Development and Strategy Managers

·        
Resource Industry/Ministry Officials & Policy Initiators

·        
Resource Investment Planners, Analysts and Economists

 What you will Learn:

·        
Comprehend strategy and strategic management fundamentals

·        
Understand program management office and program
management competency development framework

·        
Distinguish between business leadership and program leadership

·        
Understand the principles of governance as they
apply in resource-centric environment

·        
Learn about the governance paradigms
and their consequences for projects and organizations

·        
Understand Joint Venturing and types

·        
Understand Cost Planning, Risk Assessment,
Estimating, Controlling and Forecasting

·        
Appreciate the Production Sharing and contract types

·        
Workshop different approaches to
governmentality in organizations and their relationship with project and
organizational success

·        
Use tools and techniques to assess
and profile governance and governmentality in the own organization

·        
Understand Operating Excellence Framework for
Capital Investment Management

·        
Reflect on some Mega Resource Investments Governance Learning’s

·        
Contribute to business success in the workplace

 How will
this Training Course be Presented?

This course will be highly interactive. Following an
introductory session, short concept-centric sessions will be provided followed
by participants being given the opportunity to practice the learning’s in the
preceding session, using case studies.

 Illustrations of leadership from the real world will be provided
and participants will be encouraged to contribute examples and
illustrations from their own experiences.

 Course Outline:

Day
One: Getting Started

·        
Resource industry overview: Oil, Gas, or Mining

·        
Investments Work Planning across a project life cycle

·        
Key uncertainties over a field life

·        
Strategy and strategic leadership/management fundamentals

Day Two: Governance,
Governmentality and Joint Venturing

·        
Governance versus
management

·        
Definitions, principles, theories, what obtains in
the workplace, etc.

·        
Levels of governance. Governmentality

·        
Practices: Paradigms and models

·        
Joint Venturing:

o   
Joint venturing overview

o   
Structuring a JV arrangement

o   
IJV versus UJV

o   
Reporting & performance monitoring

·        
Case studies

 Day Three: Pre-Development
Assessment and Cost Management