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Applying Decision Analysis When Faced With 1,000 Decisions
Training Overview
Training Overview
Companies depend on individuals and teams for a variety of functions – from solving complex problems to improving processes and enhancing productivity. So it makes sense that the more effective the individual or team, the more successful the organization.
Decision Strategies’ training programs are designed to deliver that kind of success. We offer customized training and capability development programs that can be tailored to meet the specific needs, goals, and time commitments of our clients, as well as open training courses and events that can be attended by professionals from around the industry. In either case, our courses have a proven track record for client success and provide the knowledge, tools, and resources that drive better, more consistent performance.
All courses are facilitated by Decision Strategies’ leading consultants and executives who have the industry experience and breadth of knowledge that is critical in a learning and development environment. And since no two individuals or organizations are alike, we incorporate a variety of teaching and facilitation techniques to enhance the experience and ensure the information is not only learned, but retained. We don’t get bogged down in theory – we strongly believe in using a practical, real-world approach to our training to ensure the tools, information, and knowledge obtained can be applied and put to use immediately.
Expanding knowledge and skills through ongoing professional development is a powerful competitive advantage for our clients – both individually and organizationally – and is consistently linked to greater engagement, enhanced performance, and increased marketability and value. Our training and development courses are designed for all levels of professionals – from members of project teams to executives – and span a variety of topics such as:
Business Skills Classes
- Facilitation Skills Workshop
- Presentation Skills Workshop
- Self- Awareness
- Organizational Awareness
- Interpersonal Communication
- Decision Making In An Uncertain World
- Decision Management- Advanced Practitioner Training
- Practical Portfolio Analysis And Management
- Probabilistic Modeling- Advanced Excel, Simulation, Crystal Ball
- Standard Risk Analysis
- Risk Analysis For Development Professionals
- Strategic Play Risk Analysis
- Advanced Risk Analysis
- Risk Analysis & Decision in E&P
- Value of Information Analysis
- Managing Gas Decisions from Exploration to Global LNG
- Managing Risk and Uncertainty in Unconventional Opportunities
Facilitation Skills Workshop
This one day workshop covers meeting basics, general facilitation tools and skills, conflict resolution, and how to avoid common meeting traps and problems. The participant will work through exercises that provide hands-on experience in meeting facilitation.
Presentation Skills Workshop
Giving excellent presentations takes effort and experience. This one day workshop will take the participant through a series of exercises and examples that will enhance their ability to make and give presentations that are not only interesting but effective.
Self-Awareness Workshop
Exploration of how personal style, values, strengths and habits might impact performance at work. Covers methods for overcoming self-limiting behaviors.
Organizational Awareness
Introduction to the organization as a system in which each employee plays a role. Covers concepts of organizational awareness, organizational structure, change and transition.
Interpersonal Communication
Covers all aspects of effective interpersonal communication, including: making effective requests, handling conflict, active listening, non-verbal communication, networking, and communicating with executives. This course can be taught as a complete workshop or modularized.
Decision Making in an Uncertain World – Integrated Decision Management
This course is designed to introduce industry best practices in decision making with attention to resolving cross functional ambiguities and dealing directly with the major uncertainties and risks. This course will provide you with the hands-on training needed to create a common language and a working understanding of the process used to enable superior project decisions.
Decision Management – Advanced Practitioner Training
In organizations that embrace a collaborative, high-quality decision-making process, there is a need for well trained internal practitioners. This in-depth, five-day workshop offers practitioners the training and tools foundation to become a facilitator of the Integrated Decision Management™ process. (link to Resource Library_Integrated Decision Management) This workshop focuses on the technical tools, the facilitative process and an in-depth understanding of the human factors which influence agreement and clarity of action. A highlight of this workshop is the one-on-one coaching provided during the exercises. Participants will have the opportunity to work through complex problems similar to what they are experiencing in their organizations. Software tools and templates are provided for typical decision situations found in business.
Practical Portfolio Analysis and Management
This 2-day course is an exercise-packed trip through the evolution of portfolio thinking from simple list portfolios to risk balanced optimization. The first half of the course focuses on mechanical (or analytical) issues, and the second half deals with managerial aspects. In this manner, managers become aware of the capabilities of a portfolio approach and portfolio system. Analysts gain the opportunity of working with the bigger picture management of people and issues, and learn that portfolio management is not just about calculating.
Probabilistic Modeling - Advanced Excel, Simulation, Crystal Ball
The emphasis in this training is on the practical application of simulation and evaluation methods to Oil and Gas problems. Along the way, we learn to use Crystal Ball, the Decisioneering, Inc. (now a subsidiary of Oracle) stochastic simulation software. More than a “how-to” course, better than simply knowing what button to click at what time, we provide an example and exercise filled approach to cover why you would want to evaluate using simulation as well as the decisions that are affected by the assessments. While we certainly do cover how to use and extract results from Crystal Ball, we train in the context of the participants.
Standard Risk Analysis
Each of our foundation upstream technical risk and uncertainty management courses assumes little or no existing experience or understanding of probabilistic methods or principles of range estimation. Participants learn the concepts of probabilistic assessment through a series of entertaining yet practical exercises. Exercises focus on exploration objectives for the exploration course and appraisal and development objectives in the development course. Common concepts are taught in both courses. Course duration is typically five days but can be shortened to 4 days when computers are available to assist resource calculation.Risk Analysis for Development Professionals
Each of our foundation upstream technical risk and uncertainty management courses assumes little or no existing experience or understanding of probabilistic methods or principles of range estimation. Participants learn the concepts of probabilistic assessment through a series of entertaining yet practical exercises. Exercises focus on exploration objectives for the exploration course and appraisal and development objectives in the development course. Common concepts are taught in both courses. Course duration is typically five days but can be shortened to 4 days when computers are available to assist resource calculation.
Risk and Uncertainty in Development and Productio
This three-, four- or five-day course is geared towards engineers involved with the assessment of development opportunities, production forecasting, and pipeline and facility utilization. It assumes little or no existing experience or understanding of probabilistic methods or principles of range estimation, though this factor can be modified depending on the state of concept application within the participant group. Participants learn the concepts of probabilistic assessment through a series of entertaining yet practical exercises. Nearly all exercises focus on practical application of uncertainty approaches within the work scope of a development or production professional
Strategic Play Risk Analysis
This two-day course is designed to make attendees fully versed in all aspects of strategic play risk analysis. Strategic play risk analysis is different from traditional geologic, petroleum-system driven play analysis in that it focuses upon the geotechnical and business aspects of a particular company exploring in the play.
Advanced Risk Analysis
This course uses a practical approach to resource assessment that goes beyond the basics. As such, participants are able to assess validly some of the more complex subsurface resource situations, including multiple zones and multiple phases. Participants receive substantial training in Value of Information techniques and assessment of dependent zones.
Risk Analysis and Decisions in E&P
Few analyses are more burdened with uncertainty than estimating the volumes of oil and/or gas that might be encountered in an exploration prospect or group of prospects. It is not uncommon for the range of possible success-case volume outcomes for an exploration prospect to span several orders of magnitude. Even after discovery, significant uncertainty remains, particularly in determining the optimal way to appraise, and then develop the discovery.
This informative, intensive, entertaining and exercise-packed three day course covers key aspects of risk and decision analysis as they apply to the exploration and production business practice. This course will represent a distillation of the key concepts presented by the instructors to thousands of E&P professionals, including the AAPG Advanced Risk Analysis and Strategic Play Analysis courses.
Value of Information Analysis
In this workshop, Decision Strategies’ seasoned oilfield professionals demonstrate well-established methods for calculating the value new information adds to an asset. Participants are able to demonstrate how this information improves the probability of a better decision and adds value to operations.
Managing Gas Decisions from Exploration to Global LNG
This course is designed for professionals involved in both domestic and export gas projects and LNG buyers. Participants will learn how to identify many of the key uncertainties in the entire gas value chain and an approach to mitigate risk pre-development. Uncertainty management in LNG projects provides flexibility to model real time events and changes, captures value, reduces costs and reduces risks.
Managing Risk and Uncertainty in Unconventional Opportunities
In addition to custom in-house training for clients, this course is featured yearly in the AAPG continuing education catalog. Designed to complement existing conventional evaluation skills, this two-day exercise and example filled workshop provides participants with the techniques and reasoning needed to validly assess and plan development of unconventional resource plays. In addition to basic evaluation, it highlights the major decision points and strategic options available to companies to increase the probability of profitable results while identifying and limiting downside risk. The unconventional play discussion is centered on tight gas sands, and coal bed methane, though similar techniques can be adapted for enhanced recovery and oil shale resources.
