"A good science and engineering decision is a good business decision."
The brochure and course descriptions are PDF files
Decision analysis and books brochure
Petroleum Risks and Decision Analysis
Advanced Decision Analysis with Portfolio and
Project Modeling
. Course prerequisites
. Self-Assessment Quiz
. What you will learn
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Our training is centered on crafting a logical, consistent decision policy. Risk and decision analysis methods are applied to modeling the project, portfolio or enterprise. We teach a straightforward evaluation process that applies to ranking alternatives, appraising value, and optimizing. The benefit to you and your organization is faster, more confident decisions.
Course Offerings
Semi-custom and custom courses are available to your company or organization. These are usually held at your location or a nearby facility. Courses range from 1 to 5 days and include topics such as:
- decision trees (optional use of computers, but usually solving with hand calculators)
- Monte Carlo simulation (optional use of computers)
- business modeling (usually working with Excel)
- fundamentals of decision policy and economic evaluation
- practical probability and statistics.
Brief Course Descriptions
Public Course Schedules
PetroSkills maintains the master list, so we ask that you visit these links to their site for the current schedules:
Petroleum Risk and Decision Analysis (PRD)
Advanced Decision Analysis with Portfolio and Project Modeling (ADA)
In-House PetroSkills Courses
Economic Evaluation of Prospects and Producing Properties
This is a variant of PRD, where more attention is given to cashflow modeling and economic evaluation. Something had to be given up, and that is usually value of information problems.
Portfolio Modeling and Management
This is a customized version of ADA, with particular attention to portfolios.
Course Comparisons
Course Descriptions
Petroleum Risk and Economic Decision Analysis (PRD) PDF file
(Combine with the sequel course, Applied Decision
Analysis, for 2 weeks of training)
Advanced Decision Analysis with Portfolio and
Project Modeling (ADA) PDF
file
(Sequel to Petroleum Risk and Decision
Analysis or Economic Evaluation of Prospects and Producing
Properties)
Course Comparisons
For catalog information or registration please contact:
- PetroSkills, LLC
- Main offices are in Tulsa and Houston.
- Phone (in Canada and U.S. except OK): 800-821-5933
- Phone: 918-828-2500 worldwide Fax: 918-828-2580
- Telex: 6734499OGCI UW
- e-mail: training@petroskills.com
- Internet: http://www.petroskills.com
Please click on Brief Course Descriptions for these and other course offerings.
For further course content information and in-house course presentations please contact the author and instructor: John Schuyler or Tim Nieman
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