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Professional training course · OG-012

Strategic Project Risk & Decision Analysis for Energy Sector Professionals

Energy projects are characterized by high capital exposure, long execution timelines, and complex technical and market uncertainties. Strategic decisions made early in…

  • 5 daysClassroom or online
  • 16Upcoming dates
  • 8Cities
  • £2,250Fees from

Course overview

Why Attend

Energy projects are characterized by high capital exposure, long execution timelines, and complex technical and market uncertainties. Strategic decisions made early in the project lifecycle have a direct impact on profitability, safety, and operational success.

This course equips professionals with advanced risk and decision analysis techniques to support strategic planning, investment evaluation, and project execution in uncertain environments. It enables participants to move beyond qualitative risk identification toward structured, evidence-based decision-making.

Course Methodology

The course is delivered through a practical and interactive approach:

  • Real-life energy and oil & gas case studies
  • Facilitated group discussions and decision workshops
  • Scenario-based simulations and strategic exercises
  • Application of structured analytical frameworks
  • Practical tools for immediate use in projects

Course Objectives

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

  • Apply strategic risk analysis techniques in energy projects
  • Evaluate complex project decisions under uncertainty
  • Integrate risk thinking into strategic planning and investment decisions
  • Use structured frameworks for multi-criteria decision analysis
  • Assess project alternatives based on risk-adjusted outcomes
  • Improve decision quality in high-stakes environments

Target Audience

This program is designed for:

  • Project Managers and Senior Engineers
  • Risk Management Professionals
  • Strategy and Planning Managers
  • Investment and Portfolio Analysts
  • Technical and Operational Leaders in energy sector
  • Professionals involved in capital project decision-making

Target Competencies

Participants will develop competencies in:

  • Strategic risk assessment and prioritization
  • Decision analysis and structured thinking
  • Risk-based investment evaluation
  • Scenario planning and forecasting
  • Multi-criteria decision-making techniques
  • Communication of strategic risk insights

Course outline

  1. 1Day 1: Strategic Risk Fundamentals in Energy Projects
    • Understanding strategic risk in energy sector projects
    • Sources of uncertainty in large-scale energy investments
    • Risk management frameworks and governance structures
    • Identifying and structuring strategic risks
    • Developing a strategic risk register
    • Qualitative risk analysis and prioritization techniques
  2. 2Day 2: Quantitative Risk Analysis for Strategic Decisions
    • Introduction to quantitative risk thinking
    • Probability concepts applied to project risk
    • Sensitivity analysis and key risk drivers
    • Introduction to simulation-based thinking (Monte Carlo concepts)
    • Evaluating uncertainty in cost, schedule, and performance
    • Interpreting risk outputs for decision support
  3. 3Day 3: Decision Analysis Frameworks
    • Decision-making under uncertainty principles
    • Decision trees and expected value analysis
    • Multi-criteria decision analysis (MCDA)
    • Risk appetite and strategic trade-offs
    • Evaluating investment alternatives
    • Case study: Energy project investment decision
  4. 4Day 4: Scenario Planning & Strategic Risk Modeling
    • Scenario development for energy projects
    • Stress testing and extreme scenario analysis
    • Modeling dependencies and interrelated risks
    • Strategic portfolio risk considerations
    • Risk mitigation and optimization strategies
    • Practical workshop: scenario-based decision modeling
  5. 5Day 5: Embedding Risk into Strategic Decision-Making
    • Integrating risk analysis into strategic planning
    • Governance and executive risk reporting
    • Communicating uncertainty to senior stakeholders
    • Enhancing decision quality in capital projects
    • Industry best practices from energy sector
    • Final case study and group presentations

Schedule

Dates and fees

16 upcoming dates in 8 cities. Fees are per delegate; bring colleagues and every seat is discounted. Every date can also be joined live online for £1,280.

All dates as PDF
November 2026
16NOV 16 - 20 Nov 2026Mon to Fri · 5 daysNext session
Malaysia flag Kuala LumpurMalaysia · Classroom
£2,850per delegate2+ people: £2,280 each
December 2026
7DEC 7 - 11 Dec 2026Mon to Fri · 5 daysOur home city
United Kingdom flag LondonUnited Kingdom · Classroom
£2,750per delegate2+ people: £2,200 each
14DEC 14 - 18 Dec 2026Mon to Fri · 5 days
Spain flag BarcelonaSpain · Classroom
£4,250per delegate2+ people: £3,400 each
21DEC 21 - 25 Dec 2026Mon to Fri · 5 days
Austria flag ViennaAustria · Classroom
£4,200per delegate2+ people: £3,360 each
January 2027
4JAN 4 - 8 Jan 2027Mon to Fri · 5 days
Malaysia flag Kuala LumpurMalaysia · Classroom
£2,250per delegate2+ people: £1,800 each
February 2027
1FEB 1 - 5 Feb 2027Mon to Fri · 5 days
South Africa flag Cape TownSouth Africa · Classroom
£2,840per delegate2+ people: £2,272 each
March 2027
1MAR 1 - 5 Mar 2027Mon to Fri · 5 days
Spain flag BarcelonaSpain · Classroom
£3,850per delegate2+ people: £3,080 each
April 2027
5APR 5 - 9 Apr 2027Mon to Fri · 5 days
Germany flag MunichGermany · Classroom
£4,250per delegate2+ people: £3,400 each
May 2027
3MAY 3 - 7 May 2027Mon to Fri · 5 days
Malaysia flag Kuala LumpurMalaysia · Classroom
£2,250per delegate2+ people: £1,800 each
June 2027
7JUN 7 - 11 Jun 2027Mon to Fri · 5 days
Netherlands flag AmsterdamNetherlands · Classroom
£4,250per delegate2+ people: £3,400 each
July 2027
5JUL 5 - 9 Jul 2027Mon to Fri · 5 daysOur home city
United Kingdom flag LondonUnited Kingdom · Classroom
£2,750per delegate2+ people: £2,200 each
August 2027
2AUG 2 - 6 Aug 2027Mon to Fri · 5 days
France flag ParisFrance · Classroom
£3,250per delegate2+ people: £2,600 each
September 2027
6SEP 6 - 10 Sep 2027Mon to Fri · 5 daysOur home city
United Kingdom flag LondonUnited Kingdom · Classroom
£2,750per delegate2+ people: £2,200 each
October 2027
4OCT 4 - 8 Oct 2027Mon to Fri · 5 days
Netherlands flag AmsterdamNetherlands · Classroom
£4,250per delegate2+ people: £3,400 each
November 2027
1NOV 1 - 5 Nov 2027Mon to Fri · 5 daysOur home city
United Kingdom flag LondonUnited Kingdom · Classroom
£2,750per delegate2+ people: £2,200 each
December 2027
6DEC 6 - 10 Dec 2027Mon to Fri · 5 days
Spain flag BarcelonaSpain · Classroom
£3,850per delegate2+ people: £3,080 each

Questions

Frequently asked questions

How long is the Strategic Project Risk & Decision Analysis for Energy Sector Professionals course?

The course runs over 5 days of classroom training, usually Monday to Friday.

When is the next Strategic Project Risk & Decision Analysis for Energy Sector Professionals course?

The next public date is 16 - 20 Nov 2026 in Kuala Lumpur. There are 16 upcoming dates in total.

Where is this course held?

Upcoming sessions run in Kuala Lumpur, London, Barcelona, Vienna, Cape Town, Munich, Amsterdam, Paris.

Can I take Strategic Project Risk & Decision Analysis for Energy Sector Professionals online?

Yes. Every date can also be joined live online in a virtual classroom with the trainer, for £1,280 per participant. Choose "Live online" in the dates table when you register.

How much does the course cost?

Fees start from £2,250 per delegate, depending on the city. Fees include tuition and course materials.

Do participants receive a certificate?

Yes. Delegates who complete the course receive a London Leadership Management Innovation certificate of completion.

Can this course be delivered in-house for our team?

Yes. LLMI can tailor and deliver this course privately for your organisation at your premises or in one of our training cities.

Course information last updated 14 November 2026.

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