Petroleum Company Performance Management

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  • Start Date

    30 Jun, 2020

  • End Date

    03 Jul, 2020

  • Price

    ₦300,000

  • WiFi

    Free wifi available

Event Details

This Petroleum Company Performance Management training course has been designed to offer personnel from corporations and financial institutions a full complement of tools to use most effectively in developing and analyzing the corporate performance measure for oil and gas companies.

 

CONTENT

Developing the Performance Environment

- Understanding oil and gas company operations

- How they affect the financial performance

- The best indicators of performance

- Identifying and evaluating potential financial and nonfinancial measures of performance

- Defining reserves from a technical perspective and from a financial perspective

- Strategies that drive performance

- The critical success factors for an oil and gas company

- Operating ratios of the oil and gas industry

 

Essential Requirements to Link Performance Measures throughout the Organization

- Distinguishing critical success factors from key performance indicators (KPI’s)

- Defining critical success factors within corporate strategy

- Role of key performance indicators in the different business segments

- Performance measure – leading, lagging, financial and non-financial

- KPIs – leading and lagging

 

Analysing Financial Performance

- Analysing a company’s financial reports

- Adjusting the financial reports to gain a true view of the economic potential

- Uncovering hidden items in financialreports including off-balance sheet items

- How to identify the key items that are not reported in the financial statements

- Evaluating oil and gas reserves

- How to determine quality earnings; using the latest methods of analysis such as the Dupont method

- Financial ratios – determining which ones to use and when each isappropriate

 

FOR WHOM:

Accountants, Auditors, Human Resources Managers, Directors, Treasurers, Lawyers, and others who perform related functions in the Oil and Gas Industry.

 

TRAINING METHODOLOGY

The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.

 

 

DATE:

1ST BATCH:                       18th – 21st February, 2020

2ND BATCH:                      30th June – 3rd July, 2020

3RD BATCH:                      6th – 9th October, 2020

Other Dates

Start Date End Date
18 Feb, 2020 21 Feb, 2020
Start Date End Date
30 Jun, 2020 03 Jul, 2020
Start Date End Date
06 Oct, 2020 09 Oct, 2020
  • Venue

    Alpha Partners Professional Training Conference Centre. 200, Muritala Mohammed Way (3rd Floor), Yaba Lagos.

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