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
-
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
-
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
-
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
-
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
-
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.
No dates in this city right now. Request a quotation and we will suggest the nearest date.
Join the class in real time from your office or home: live sessions with the trainer, group discussion, course materials and a certificate of completion. Joining details are emailed before the course starts.
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.
Related
More Oil and Gas courses
Accounting and Finance in Oil and Gas Industry
Next: 16 - 20 Nov 2026 · Paris
Paris, Barcelona, London +4 more
Advanced Refinery Process Yields Optimization
Next: 18 - 22 Jan 2027 · Amsterdam
Amsterdam, London, Istanbul +4 more
Amine Gas Sweetening and Sulphur Recovery
Next: 25 - 29 Jan 2027 · Amsterdam
Amsterdam, London, Istanbul +4 more