Short Course Catalogue - Training and Development
Instructor: Mr Marc Bond and/or Mr Creties Jenkins (Rose & Associates)
The oil and gas industry consistently underperforms relative to expectations. We regularly overestimate discovered volumes, production forecasts, and present value in spite of our expertise, experience, and increasingly sophisticated technologies.
Why is this? The answer, to a large extent, is the influence of cognitive errors. These skew our thinking towards the more optimistic scenarios and ranges of uncertainty that are too narrow.
This course addresses these cognitive errors through lectures, awareness exercises and examples. Most importantly, the course provides case studies and mitigation exercises that provide participants with tools to lessen their impact in their interpretations and decisions.