Specific Job Releted Process Knowledge and Skills
Leveraging the Best of Digital Transformation, Data Analytics and Artificial Intelligence AI
Leveraging the Best of Digital Transformation, Data Analytics and Artificial Intelligence AI
CPD402-2
2 Weeks of Process Good & Best Practices
Professional Drilling Contract Management Skills
Building Hands-on Skills & Competencies in
Ensuring Contract Administration is Aligned to Drilling Objectives
Ensuring Protecting your Organization from Avoidable Liability & Avoidable Claims
- Risks & Risk Assignment on Drilling Projects
- Contract Communications & Administration Processes
- Mitigating & Resolving Drilling Variations & Liability Events
- Building & Keeping Updated a Drilling Contract Administration Knowledgebase
www.eurotraining.com/bro/cpd402-2.php
2 Week Job Process Good & Best Practices Training
New Delhi
| Kualalumpur
|
London
| New York
|
Seattle, USA
| New Delhi
|
Kualalumpur
| New Delhi
|
London
| New York
|
Seattle
| Istanbul
|
New Delhi
| Kualalumpur
|
New Delhi
| London
|
New York
| Seattle, USA
|
London
| Dubai
|
Kualalumpur
| Dubai
|
London
| New York
|
Seattle, USA
| Istanbul
|
New York
| Dubai 27 April-8 May 2025
|
London 25 May-5 June 2025
|
Useful Links
What is Covered in this Program?
This Training Workshop provides the Knowledge, Skills & Competencies to Ensure Drilling Contracts are Administered Such that they Assist in Meeting Drilling Project Objectives, Protect your Organization from Unnecessary Actions or Inactions Induced Liability and Ensure Organization does not become Liable for Avoidable Claims. Drilling Projects are subject to underground data uncertainty, technical risks and missed mitigation opportunities. This program will provide the knowhow to prevent these risks from disrupting drilling operations, adding costs to the parties, delaying the works and cause opportunity and material loss.
Participant will understand how Drilling Contracts are designed to clarify extent of liability of the parties on as many of these risks.
Contract administration task related skills taught in this program include Monitoring the compliance of contract conditions by the parties, sending any notices required, replying to notices received, keeping drilling professionals and others inside organization informed of situations needing attention, ensuring there is documenting of any facts that support your position as credible evidence, negotiating resolution with other parties, communicating basis of Variation, Compensation or Claim Calculations to concerned staff, ensuring other party fulfills all its contractual obligations, verifying accuracy of Invoices Submitted, preparing periodic reports to management on progress of Project from Contractual Point of view, and, Guiding the Final Contract Closure to ensure all organization's Rights are protected.
This program will build understanding and skills about these above tasks, Drilling Risks, Understanding the Contract and Legal Assignment of these Risks, Understanding the Contract Administration that must be done to ensure your organizations interests are protected, Ensure the facts are documented, solutions are found quickly, Risk event impact is minimized, Compensation payable to the contractor properly calculated, disputes resolved and matters closed in a win-win manner.
This program will build skills and competencies in understanding Petroleum Drillings Complex Contractual and Technical Issues and solving the problem in a Win-Win manner.
This Training Workshop provides the Knowledge, Skills & Competencies to Ensure Drilling Contracts are Administered Such that they Assist in Meeting Drilling Project Objectives, Protect your Organization from Unnecessary Actions or Inactions Induced Liability and Ensure Organization does not become Liable for Avoidable Claims. Drilling Projects are subject to underground data uncertainty, technical risks and missed mitigation opportunities. This program will provide the knowhow to prevent these risks from disrupting drilling operations, adding costs to the parties, delaying the works and cause opportunity and material loss.
Participant will understand how Drilling Contracts are designed to clarify extent of liability of the parties on as many of these risks.
Contract administration task related skills taught in this program include Monitoring the compliance of contract conditions by the parties, sending any notices required, replying to notices received, keeping drilling professionals and others inside organization informed of situations needing attention, ensuring there is documenting of any facts that support your position as credible evidence, negotiating resolution with other parties, communicating basis of Variation, Compensation or Claim Calculations to concerned staff, ensuring other party fulfills all its contractual obligations, verifying accuracy of Invoices Submitted, preparing periodic reports to management on progress of Project from Contractual Point of view, and, Guiding the Final Contract Closure to ensure all organization's Rights are protected.
This program will build understanding and skills about these above tasks, Drilling Risks, Understanding the Contract and Legal Assignment of these Risks, Understanding the Contract Administration that must be done to ensure your organizations interests are protected, Ensure the facts are documented, solutions are found quickly, Risk event impact is minimized, Compensation payable to the contractor properly calculated, disputes resolved and matters closed in a win-win manner.
This program will build skills and competencies in understanding Petroleum Drillings Complex Contractual and Technical Issues and solving the problem in a Win-Win manner.
Who Should Attend?
This training program is intended for Drilling Contract Professional, Legal Team and Drilling Professionals and Project Managers.
This program will also be extremely useful for Drilling Professionals working on Site for any stakeholder.
This program is also intended to provide essential coordination and team-working insight to Professionals working in Drilling Facing Finance, Accounting, Inventory, Logistics, Drilling Supervising Management, Safety and Environmental Units.
This training program is intended for Drilling Contract Professional, Legal Team and Drilling Professionals and Project Managers.
This program will also be extremely useful for Drilling Professionals working on Site for any stakeholder.
This program is also intended to provide essential coordination and team-working insight to Professionals working in Drilling Facing Finance, Accounting, Inventory, Logistics, Drilling Supervising Management, Safety and Environmental Units.
Program Content & Modules
Professional Drilling Contract Management Skills
Understanding the Big Picture Business Aspects of Drilling Projects
Understanding the Contractual arrangements on Drilling Projects
(1) Type of Drilling Contract (Footage, Daywork, Turnkey)
(2) Applicable Laws
(3) Rights & Responsibilities of the Parties
(4) Indemnity Provisions
(5) Insurance
(6) Specific Drilling Risks & Liabilities
(7) Performance Related Liabilities
(8) Warranties
(9) Guarantees
(10) Damages Claimable by the Parties
(11) Variation Provisions
(12) Force Majure
(13) Payment Processes
(14) Remedy on Breach of Contract
(15) Termination of Contract
(16) Assignment
(17) Novation of Contract
(18) Contract ClosedownDrilling Technology & Methods for Contract Administrators
Day-to-Day Operational Decisions taken by Drilling Managers and Professionals
Oil & Gas Drilling Deliverables and Tasks for Contract Professionals
Risks on Oil & Gas Well Drilling by Well Type
Usual Cost Increase Events on Drilling Projects
Understanding Drilling Contracts & the Risk Distribution between the Parties
Ensuring Compliance with Procurement Policies and Procedures
Preparing a Monitoring Plan for Checking Compliance with Contract Requirements
Verifying Compliance of contract conditions by other party
Sending Notices to other parties where required by Contract or Law
Effectively Replying to notices received
Keeping drilling professionals and others inside organization informed of (contractual) situations needing attention
Ensuring there is documenting of any facts that support your organizational position as credible evidence
Negotiating resolution of Disputes with other Drilling Project parties
Analyzing and Evaluating basis for Variation
Assisting Compensation or Claim Calculations to concerned staff
Verifying accuracy of Invoices Submitted
Preparing periodic reports to management on progress of Project from Contractual Point of view
Maintaining Proper Organized Records for Each Variation Order, Claim, Subcontractor Variation, Invoices
Maintaining Proper Organized Records for Each Issue of Importance
Setting-up an Early Warning System for Emerging Problems on the Drilling Project
Guiding the Final Contract Closure to ensure all its organization's Rights are provided
Analyzing and Communicating Petroleum Drilling Complex Contractual and Technical Issues in a simple easy to understand manner
Negotiating and Solving problems in a Win-Win Manner
Workshop 1
Deeper Insights into Content and Modules for Professional Level Understanding
Developing a Performance Evaluation System to know how well team is performing
Developing Meaningful Drilling Contract KPIs for Performance Reporting
Workshop 2
Framework for a Drilling Contract Knowledge System
Program Recommendations
Detailed Personalized Drilling Contract Management Improvement Action Plan
2 Week Job Process Skills Training
Outcomes & Takeaways
Job Process Good & Best Practices Workshop Outcomes and Takeaways
The Work Process Approach to Learning is a methodology that emphasizes learning through understanding the actual work processes.
A work process refers to a set of activities or tasks that are carried out to achieve a specific outcome or result. These processes can be core to the business, such as manufacturing, service delivery, or customer support, or they can be supportive, like HR processes, IT services, or administrative workflows.
The Goal is to closely align training content and methods with the specific processes, tasks, and challenges found in that domain real-world work environments.
What the training achieves is building skills and competencies essential for actual work processes performance. Enabling quick and seamlessly understanding how to perform their processes effectively, efficiently and avoiding the usual mistakes and risks.
This 2 Week Training Workshop participant will typically take away...
Program related Process knowhow, skills, competencies and process knowledge to perform the job work processes
Training that will empower the participant to identify, support and implement work process improvements in his unit, team, section, department, and organization.
The Work Process Approach to Learning is a methodology that emphasizes learning through understanding the actual work processes.
A work process refers to a set of activities or tasks that are carried out to achieve a specific outcome or result. These processes can be core to the business, such as manufacturing, service delivery, or customer support, or they can be supportive, like HR processes, IT services, or administrative workflows.
The Goal is to closely align training content and methods with the specific processes, tasks, and challenges found in that domain real-world work environments.
What the training achieves is building skills and competencies essential for actual work processes performance. Enabling quick and seamlessly understanding how to perform their processes effectively, efficiently and avoiding the usual mistakes and risks.
Program related Process knowhow, skills, competencies and process knowledge to perform the job work processes
Training that will empower the participant to identify, support and implement work process improvements in his unit, team, section, department, and organization.
Benefits to the Organization Sponsoring Participants to this program
(Benefits made possible by Euro Training's above mentioned Planned Outcomes and Takeaways)
This Euro Training programs is different. It develops practical Job Process Skills.
Benefits you may see in participant post program behavior...Inclination to Recognize his Processes Customers and Stakeholders, and their Needs & Expectations.
Higher level of Relevant Multi-discipline Job Process Skills
Taking Initiative to Propose and help implement Process Improvements in his Work Responsibility Area.
How your Participant will Change after attending the program?...
Increased Work Process Performance Knowledge
Awareness to the Need to align process performance to the Needs and Expectations of Stakeholders and Customers (internal & external)
Awareness of the Need to Align Process Performance to Organizational Operational and Strategic Objectives.
Implement Good Management Practices during Process Performance, and, Gain Awareness to meet Requirements and Recommendations of the any Applicable Industry and Professional Standards.
Skill Sets for possible implementation the Program Discussed Action Plan for Process Improvements.
Type of improvements the participant will be trained to analyze and implement include (as relevant)
(a) Productivity Improvements
(b) Product and Service Differentiation
(c) Exceeding Stakeholder & Customer Expectations.Euro Training Instructors often act as mentors for participants (solely subject to instructor approval). Your participants can utilize this free service to ensure effective post program reinforcement and help when apply the ideas and skills acquired during the training.
Participant Individual Career Benefits
Job Satisfaction & Advancement
First, and most important benefit, is the positive self-esteem that will come from being able to do your work processes right first time and meet internal and external customer expectations.
Second, the Program developed Job Process Understanding & Skills will help participant successfully present his professional skills at Job Interviews and Internal Performance Evaluation Reviews.
Participant gains clear direction and insight for analyzing, proposing and implementing improvements in his work processes.
Post program when you take decisions related to your work processes you will automatically consider Multi-discipline aspects (as applicable):
Internal & External Customer Needs and Expectations, Technology Options, Data Analytics and Artificial Intelligence Opportunities, Helpful Tools and Methods, Consider Risks, Mitigate Risks, Take Actions that Increase Productivity, Consider Legal & Contractual Aspects, Consider Intellectual Property Aspects, Pay attention to Safety and Security, Consider future Audit, Weigh Cost Benefit between options, Be Mindful of Key Performance Indicators (KPIs), Consider how Performance will be evaluated, and, Consider need for and Opportunity to Develop a Decision Support Knowledge Base, .... (and, possibly more aspects).
First, and most important benefit, is the positive self-esteem that will come from being able to do your work processes right first time and meet internal and external customer expectations.
Second, the Program developed Job Process Understanding & Skills will help participant successfully present his professional skills at Job Interviews and Internal Performance Evaluation Reviews.
Participant gains clear direction and insight for analyzing, proposing and implementing improvements in his work processes.
Post program when you take decisions related to your work processes you will automatically consider Multi-discipline aspects (as applicable):
Internal & External Customer Needs and Expectations, Technology Options, Data Analytics and Artificial Intelligence Opportunities, Helpful Tools and Methods, Consider Risks, Mitigate Risks, Take Actions that Increase Productivity, Consider Legal & Contractual Aspects, Consider Intellectual Property Aspects, Pay attention to Safety and Security, Consider future Audit, Weigh Cost Benefit between options, Be Mindful of Key Performance Indicators (KPIs), Consider how Performance will be evaluated, and, Consider need for and Opportunity to Develop a Decision Support Knowledge Base, .... (and, possibly more aspects).
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