Contents

Day 1: Cost Planning and Cost Management

• Defining and understanding cost behaviour 
• Cost systems, analysis, and control 
• Activity-Based Costing (ABC) 
• Developing the Work Breakdown Structure (WBS) 
• Strategic cost management and reduction strategies 

Day 2: Budget Preparation and Forecasting 

• Forecasting techniques for budgeting 
• Business intelligence and predictive analytics 
• Budgeting process and capital expenditure management 
• Human and behavioural aspects of budgeting 

Day 3: Performance Monitoring and Management

• Variance analysis and standard costing 
• Data analytics and visualization for financial reports 
• Designing budget reports and dashboards 
• Tactical dashboards for performance management 

Day 4: Adaptive Performance Management

• Rolling forecasts and decentralized performance management 
• Managing KPIs using Balanced Scorecards 
• Integrating non-financial measures with strategy maps 
• The role of traditional budgeting in modern performance management 

Day 5: Financial Analysis in Oil & Gas

• Analysing performance using E&P-specific ratios 
• IFRS standards for Oil & Gas companies 
• Capital allocation techniques and financial risk management 
• Qualitative risk assessment and corporate governance 

Who Should Attend

This program is ideal for executives looking to enhance their strategic financial management skills and drive organizational performance in the Oil & Gas sector.

• Senior executives and managers in the Oil & Gas industry 
• Financial controllers, budget managers, and cost analysts 
• Performance management professionals 
• Risk managers and corporate governance officers 
•  Professionals seeking to enhance their skills in cost management and budgeting  

Benefits of Attending

1. Master Cost Management: Gain expertise in cost analysis, control, and reduction strategies. 

2. Industry-Specific Insights: Learn financial analysis and risk management tailored to Oil & Gas. 

3. Advanced Budgeting Skills: Develop proficiency in forecasting, budgeting, and capital expenditure management. 

4. Performance Optimization: Use data analytics, dashboards, and Balanced Scorecards to monitor and improve performance. 

5. Strategic Decision-Making: Integrate financial and non-financial measures for competitive advantage. 

6. Networking Opportunities: Connect with industry peers and experts. 

Registration

Online Registration is now Available! Choose the dates and locations that most suit you from the table below and click Register.