SC05 - EVALUATING NEW TECHNOLOGIES

Significant capital in many industries are invested in new technologies that may have commercial value in itself, be an enabler for other projects, increase revenues or decrease spends per unit of production. Some technologies may require significant pre-investments which will occur before the technology risks have been fully resolved. Early identification of project candidates for implementation and effective collaboration across disciplinary and departmental boundaries are key for the technology value potential to be realised.

This 1-day course focuses on how new technologies present business opportunities both by increasing value on existing projects and by re-visiting opportunities that would otherwise be sub-economical. It shows how potential new technologies can be included into the decision basis for the project and evaluated as real options that may add value given successful development and implementation. The technology evaluation is fully integrated with other key project decisions and uncertainties and seen in relation with the overall project timeline. Participants will learn how to agree on which project decisions and schedule milestones are the most critical in relation to the new technology, incorporate the new technology into the initial problem structure, facilitate the thought process and compute results. Participants will also learn how to clarify and agree upon the required contributions from the core project team as well as the technology specialists and to use preliminary results to provide additional insight to the decision problem. Last, participants will learn the importance of presenting and communicating decision alternatives to the new technology, its main value drivers, risks and recommendations and making sure all aspects of the new technology is covered.

Regular intervals / Upon request
1-day course
Lectures, case studies, group work

Concepts

Technology identification, enhancer and enabler technologies, technology qualification programs, technology readiness levels (TRLs), technology novelty categories, technology risking, fall-back cases, alternative options, competing alternatives and technologies, the capital value process (CVP).

Learn how to

Utilise technology readiness levels, technology novelty categories and the capital value processes to evaluate and compare relevant technologies. Calculate key technology risks and incorporate them into the problem structure. Communicate main value drivers for the technology options as well as for the project as a whole and compare competing alternatives in a consistent way.

Attitudes

Acknowledge the potential value, but also the risks of new technologies, take responsibility to identify and compare alternative technologies with other conventional alternatives, take initiative to work closely with technology experts throughout projects.

Target group

This course is specifically designed for professionals involved in economic valuation and decision analysis where new technology options may play an important contribution to overall value creation: project managers, project members, technical personnel, R&D. The course can be customised to suit a certain business area or type of technology specifically.

Knowledge

Understand the potential value of technology options and the importance of early technology identification. Recognise your contribution to successful incorporation of technology options into the decision basis. Participate pro-actively to identification and evaluation of technology options as well as competing alternatives.

Background

University level degree.  Technical or economic backgrounds are both suitable, and some basic knowledge about decision analysis methodology is recommended.

PAYMENT OPTIONS

Student
NOK 1.850

1-day course

Single person
NOK 7.500

1-4 participants

1-day course

ENROLMENT

This course is available for open enrolment at regular intervals, but can also be arranged upon request. Click to enrol or get in touch for more details.

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Get in touch

 

INSTRUCTORS

More than 35 years of combined experience in the field of decision analysis.

FAQs

 

Q:  What is the average number of participants?

We usually set a ceiling of maximum 25 participants at all our courses. This allows the training to be highly interactive and make good use of case exercises and open group discussions.

 

Q:  When is the next training event scheduled for and where?

Our open enrolment courses are scheduled at regular intervals throughout the year. You can search our calendar for more information. Many organisations prefer to arrange in-house training and this can be arranged upon request. Our training events will be held world-wide, although our base is in Norway.

Q:  We are looking into the possibility of running a series of courses and lunch and learns within our organisation. Can this be arranged?

Yes, a significant portion of our teaching is done in-house and in close cooperation with the client. Please get in touch to discuss your requirements and needs. Prices and timing are agreed on an individual basis for this type of assignments.

OUR OTHER COURSES

General courses


S01 – Combine experience, intuition and analysis

S01 – Combine experience, intuition and analysis

6. October 2015

2-day course: Learn the fundamentals of decision analysis. How to structure different types of decision problems. Identify key aspects, main value drivers and relevant risks. Optimise sequences of decisions and possible outcomes. Evaluate costs and benefits of data gathering programs. Identify real options, non-linearities and strategic values. Present and communicate decision alternatives. … Read More

SC01 – Framing and problem structuring

SC01 – Framing and problem structuring

6. October 2015

1-day course: Learn different framing and problem structuring techniques to increase the likelihood of capturing what is important early on, align team members and maximise value creation. Learn how to identify key decisions and relevant risks and uncertainties as early as possible. Present and communicate decision alternatives, main value drivers, risks and recommendations. … Read More

SC02 – Decision modelling for insight

SC02 – Decision modelling for insight

6. October 2015

1-day course: Learn how to build decision models to increase the likelihood of capturing what is important early on. Construct models to reflect the problem structure for various decision problems. Course participants are guided through the process of building a simple decision model using Excel by Microsoft and @Risk by Palisade*. The model is used in team exercises to illustrate the value of proper modelling, insightful result plots and best practice workflows. … Read More

SC03 – Evaluating real options

SC03 – Evaluating real options

6. October 2015

1-day course: Learn how to use a structured approach to identify real options in different types of projects. Incorporate the real options into the initial problem structure and estimate the value of the options. Weigh the cost of incorporating flexibility into the project against the probability and value potential of capturing upside. … Read More

SC04 – Decision analysis for managers

SC04 – Decision analysis for managers

7. October 2015

1-day course: Learn how to interpret and gain insight from decision modelling results, establish best-practice workflows, use different types of economic indicators, distinguish between relevant and irrelevant project risks and optimise projects and portfolios under capital constraints. Examples are used to illustrate how high quality decisions derive from the right combination of thought, collaboration, computation and communication. … Read More

SC05 – Evaluating new technologies

SC05 – Evaluating new technologies

5. October 2015

1-day course: Learn how to utilise technology readiness levels, technology novelty categories and decision/governance processes to evaluate and compare relevant technologies. Calculate key technology risks and incorporate them into the problem structure. Communicate main value drivers for the technology options as well as for the project as a whole and compare competing alternatives in a consistent way. Learn to differentiate between enabler and enhancer technologies and value potential on project and portfolio level. … Read More

Oil & energy courses


F01 – Multi-disciplinary field trip

F01 – Multi-disciplinary field trip

9. January 2016

5-day field trip: Learn how to extract critical geological information and understand its implication for volume estimation, producability, drainage strategy, drilling strategy, development concept and value. Identify key value drivers and contribute to constructive multi-disciplinary discussions at the intersection between geo-modelling and project modelling using decision models and decision analysis methodology. … Read More

E01 – Exploration and appraisal projects

E01 – Exploration and appraisal projects

10. October 2015

1-day course: Learn how to estimate the economic value of a prospect based on an optimised sequence of decisions and possible outcomes. Adapt a fit for purpose approach given the incomplete data availability and the fact that many of the assumptions made are often conceptual and based on analogues. Estimate geological and commercial risks and evaluate the costs and benefits of appraisal and other data gathering programs. … Read More

E02 – Early phase projects

E02 – Early phase projects

10. October 2015

1-day course: Learn how to bring a discovery from appraisal to concept selection and development. Learn how all elements from reservoir to market can be included in the analysis and how different appraisal programs, development alternatives and drainage strategies can be compared. Present and communicate decision alternatives, main value drivers, risks and recommendations. … Read More

 

SC05 - TEKNOLOGIVURDERINGER

Betydelig med kapital i ulike bransjer blir investert i ny teknologi som kan ha kommersiell verdi i seg selv, være en muliggjører for andre prosjekter, gi økte inntekter eller reduserte kostnader. Enkelte teknologier kan kreve betydelige pre-investeringer som påløper før teknologirisikoen har blitt fullstendig løst opp i. Tidlig identifisering av prosjektkandidater for implementering og effektivt samarbeid på tvers av fag- og avdelingsgrenser er avgjørende for at verdipotensialet for teknologien kan realiseres.

Dette 1-dags kurset fokuserer på hvordan ny teknologi presenterer forretningsmuligheter både ved å øke verdien på eksisterende prosjekter og ved å kunne re-vitalisere prosjekter som ellers ville vært sub-økonomiske. Det forklares hvordan potensielle nye teknologier kan inkluderes i beslutningsgrunnlaget for prosjektet og vurderes som realopsjoner som kan tilføre verdi gitt vellykket teknologiutvikling og implementering. Teknologivurderingene er fullt integrert med andre sentrale prosjektbeslutninger og usikkerhetsmomenter, og sees i forhold til den totale prosjekttidslinjen. Kursdeltakerne vil lære teknikker for å enes om hvilke prosjektbeslutninger og milepæler som er mest kritiske i forhold til den nye teknologien, innlemme teknologien i problemstrukturen, legge til rette for tankeprosessen og beregne resultater. Deltakerne vil også lære hvordan man enklest mulig kan avklare og enes om de nødvendige bidrag fra både prosjektgruppen og teknologispesialistene og hvordan foreløpige resultater kan anvendes for å gi ytterligere innsikt i problemstillingen. Til sist vil deltakerne lære viktigheten av å presentere og kommunisere beslutningsalternativer til den nye teknologien, de viktigste verdidriverne, risiko og anbefalinger og sørge for at alle aspekter ved den nye teknologien er dekket.

Gitte datoer / På forespørsel
1-dags kurs
Forelesninger, case-eksempler, gruppearbeid

Konsepter

Teknologiidentifikasjon, "enhancer" og "enabler" teknologier, teknologikvalifiseringsprogram, teknologi-utviklingsstadie, teknologi-nyhetsgrad, teknologi-risiki, fall-back muligheter, alternative muligheter, konkurrerende alternativer og teknologier, kapitalverdiprosessen.

Ferdigheter

Utnytte teknologibegreper som utviklingsstadie, nyhetsgrad og kapitalverdiprosesser for å evaluere og sammenligne relevante teknologier. Beregn viktige teknologirisiki og innlem disse i problemstrukturen. Kommuniser avgjørende verdidriverere for de ulike teknologialternativene samt for prosjektet som helhet og sammenlign konkurrerende alternativer på en konsekvent måte.

Holdninger

Erkjenn den potensielle verdien, men også risikoen knyttet til ny teknologi, ta ansvar for å identifisere og sammenligne alternative teknologier med mer konvensjonelle alternativer, ta initiativ til å jobbe tett med teknologieksperter gjenom hele prosjektløpet.

Målgruppe

Fagdisipliner som er involvert i økonomisk verdsetting og beslutningsanalyse hvor ny teknologi kan være et viktig bidrag til den samlede verdiskapingen: prosjektledere, prosjektmedlemmer, teknisk personell, forskning og utvikling. Kurset kan tilpasses bestemte industrier eller typer teknologier. Case-eksemplene er relevante for følgende forretningsområder: tidligfasevurderinger, prosjektgjennomføring og forretningsutvikling.

Kompetanse

Forstå den potensielle verdien av ulike teknologialternativer og betydningen av tidlig identifisering av teknologimuligheter. Vær bevisst ditt bidrag til en vellykket implementering av teknologimulighter i beslutningsgrunnlaget. Delta proaktivt til identifisering og evaluering av teknologialternativer samt konkurrerende alternativer og mer konvensjonelle løsninger.

Forkunnskaper

Utdanning på universitet/høyskolenivå.  Teknisk eller økonomisk fagbakgrunn er hensiktsmessig, og en viss kjennkap til grunnleggende økonomisk teori er anbefalt.

BETALINGSALTERNATIVER

Student
NOK 1.850

1-dags kurs

Enkeltperson
NOK 7.500

1-4 deltakere

1-dags kurs

PÅMELDING

Dette kurset har åpen påmelding på gitte datoer, men kan også arrangeres på forespørsel. Klikk for å registrere deg eller ta kontakt for nærmere informasjon.

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Kontakt oss

 

FORELESERE

Mer enn 35 års samlet erfaring innenfor fagfeltet beslutningsanalyse.

OFTE STILTE SPØRSMÅL

Q:  Hva er gjennomsnittlig antall deltakere?

Normalt setter vi et tak på maks 25 deltakere på alle kursene våre. Dette gir oss muligheten til å holde opplæringen svært interaktiv med god bruk av case-oppgaver og åpne gruppediskusjoner. 

Q:  Hvor og når holdes neste kurs?

Våre åpne kurs holdes med jevne mellomrom gjennom hele året. Se vår kursoversikt for nærmere informasjon. Mange organisasjoner foretrekker å arrangere intern opplæring, og dette kan ordnes på forespørsel. Våre kurs kan arrangeres over hele verden, selv om vår base er i Norge.

Q:  Vi ser på muligheten for å kjøre en serie med kurs og lunch&learns i vår organisasjon. Lar dette seg gjøre?

Ja, en vesentlig del av vår undervisning foregår internt og i tett samarbeid med kunden. Vennligst ta kontakt for å diskutere dine ønsker og dine behov. Priser og tidspunkt avtales på individuell basis for denne type oppdrag.

 

VÅRE ANDRE KURS

Generelle kurs


S01 – Combine experience, intuition and analysis

S01 – Combine experience, intuition and analysis

6. October 2015

2-day course: Learn the fundamentals of decision analysis. How to structure different types of decision problems. Identify key aspects, main value drivers and relevant risks. Optimise sequences of decisions and possible outcomes. Evaluate costs and benefits of data gathering programs. Identify real options, non-linearities and strategic values. Present and communicate decision alternatives. … Read More

SC01 – Framing and problem structuring

SC01 – Framing and problem structuring

6. October 2015

1-day course: Learn different framing and problem structuring techniques to increase the likelihood of capturing what is important early on, align team members and maximise value creation. Learn how to identify key decisions and relevant risks and uncertainties as early as possible. Present and communicate decision alternatives, main value drivers, risks and recommendations. … Read More

SC02 – Decision modelling for insight

SC02 – Decision modelling for insight

6. October 2015

1-day course: Learn how to build decision models to increase the likelihood of capturing what is important early on. Construct models to reflect the problem structure for various decision problems. Course participants are guided through the process of building a simple decision model using Excel by Microsoft and @Risk by Palisade*. The model is used in team exercises to illustrate the value of proper modelling, insightful result plots and best practice workflows. … Read More

SC03 – Evaluating real options

SC03 – Evaluating real options

6. October 2015

1-day course: Learn how to use a structured approach to identify real options in different types of projects. Incorporate the real options into the initial problem structure and estimate the value of the options. Weigh the cost of incorporating flexibility into the project against the probability and value potential of capturing upside. … Read More

SC04 – Decision analysis for managers

SC04 – Decision analysis for managers

7. October 2015

1-day course: Learn how to interpret and gain insight from decision modelling results, establish best-practice workflows, use different types of economic indicators, distinguish between relevant and irrelevant project risks and optimise projects and portfolios under capital constraints. Examples are used to illustrate how high quality decisions derive from the right combination of thought, collaboration, computation and communication. … Read More

SC05 – Evaluating new technologies

SC05 – Evaluating new technologies

5. October 2015

1-day course: Learn how to utilise technology readiness levels, technology novelty categories and decision/governance processes to evaluate and compare relevant technologies. Calculate key technology risks and incorporate them into the problem structure. Communicate main value drivers for the technology options as well as for the project as a whole and compare competing alternatives in a consistent way. Learn to differentiate between enabler and enhancer technologies and value potential on project and portfolio level. … Read More

Olje & energi kurs


F01 – Multi-disciplinary field trip

F01 – Multi-disciplinary field trip

9. January 2016

5-day field trip: Learn how to extract critical geological information and understand its implication for volume estimation, producability, drainage strategy, drilling strategy, development concept and value. Identify key value drivers and contribute to constructive multi-disciplinary discussions at the intersection between geo-modelling and project modelling using decision models and decision analysis methodology. … Read More

E01 – Exploration and appraisal projects

E01 – Exploration and appraisal projects

10. October 2015

1-day course: Learn how to estimate the economic value of a prospect based on an optimised sequence of decisions and possible outcomes. Adapt a fit for purpose approach given the incomplete data availability and the fact that many of the assumptions made are often conceptual and based on analogues. Estimate geological and commercial risks and evaluate the costs and benefits of appraisal and other data gathering programs. … Read More

E02 – Early phase projects

E02 – Early phase projects

10. October 2015

1-day course: Learn how to bring a discovery from appraisal to concept selection and development. Learn how all elements from reservoir to market can be included in the analysis and how different appraisal programs, development alternatives and drainage strategies can be compared. Present and communicate decision alternatives, main value drivers, risks and recommendations. … Read More

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