Properly designed portfolio analysis can help your
company integrate technical, price, political and market risks into strategy
development or goal setting. Once a strategy is decided upon, a portfolio view
can help management allocate performance targets to business segments, assets
and projects, and identify the types of projects that would be desirable in the
future. It can help you determine the value of a potential acquisition or
divestiture by analysing the difference between the value
of an optimal portfolio with the asset versus the value of an optimal portfolio
with it excluded. Because projects and goals interact, an asset will have a
different value for every potential buyer.
Who Should Attend
This course
will introduce to the participants essential skills and knowledge required for
roles in planning and strategy departments and for the most senior
decision-making roles in an enterprise. It will also be of great benefit to
asset managers, or personnel aspiring to become assets managers, (production or
exploration) in illuminating the context within which funding decisions are
made about their assets and/or projects. Persons who are
required to supply input to, or assure the quality of, portfolio decision-making
tools and processes. Some familiarity with Microsoft Excel is assumed.
Objective
This course will equip you with a working knowledge of
the main techniques (qualitative and quantitative) models and processes for
portfolio analysis and optimization in the E&P
industry. The focus will be on conceptual understanding, practical application
and comprehending the strength and weaknesses of the various models and
processes. After the course, the participants will understand
§
the principles of risk reduction through diversification
in oil & gas investments – not just that they work, but why they work
§
how to develop a systematic approach to portfolio
development
§
how portfolio development ties directly to the
corporate business strategy
§
the use of
§
the probability of meeting your goals – short and long
term;
§
the best kind of investment for your company;
Format
The course will be highly interactive and will use
Microsoft Excel to illustrate the application of the concepts.