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Meet the SPE Board of Directors: The Importance of SPE

In this video series, SPE Board members describe the importance of SPE and explain why it is needed now and in the future. They also share examples of how serving on the Board of Directors has helped shape their professional career development. SPE is governed by a 20-member Board of Directors composed of member representatives from around the world, including three officers and 17 representatives of geographic regions and technical disciplines.

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Meet the SPE Board of Directors: Why We Serve

In this video series, SPE Board members describe how they got involved with SPE and why they wanted to serve on the Board. This series also highlights the work of the SPE Board and the member's commitment to the organization.SPE is governed by a 20-member Board of Directors composed of member representatives from around the world. 

Introduction to Process Safety for Upstream Oil & Gas Featured Image

Introduction to Process Safety for Upstream Oil & Gas

The purpose of this course is to introduce engineers and other professionals to the basic principles of risk-based process safety management. Through text, brief videos and games, students will learn how these principles can be applied to the upstream oil and gas industry to reduce risk and prevent injuries & environmental incidents.

Value of Information Featured Image

Value of Information

The learner will analyze the economic "value of information" that can be achieved during the exploration process by applying various technologies at progressively higher costs to reduce uncertainty, thereby providing better estimates during the decision process. The objectives of this course are to: measure the value of data vs. the cost to acquire the data, determine multiple data acquisition scenarios that can accomplish the goals and measure their impact on the prospects economics, and understand the cost-benefit decision process and exploration uncertainty in making both technical and business decisions.

Understanding and Managing Budgets Featured Image

Understanding and Managing Budgets

A budget is a detail of expenses and incomes for a set period of time. This introductory-level course covers budgets and how they are used in organizational settings including the uses and functions of master budgets, operating budgets, sales, production and cost of goods sold budgets, and cash budgets. You will also learn about the budgeting process, and how organizations are using different budgeting techniques to overcome operating challenges.

Time Value of Money and Risk Featured Image

Time Value of Money and Risk

Is a dollar more valuable today or tomorrow? What about a year from now? This introductory-level course covers time value of money (TVM) principles and risk and return. You will review the basic TVM techniques used in evaluating all financial decisions and their cash flow implications. For Risk and Return, you will learn how risk influences investment decisions, and how to calculate risk and rates of return. Further, you will explore the benefits of diversification and the use of the portfolio concept in investing.

Personal Finance Featured Image

Personal Finance

Perhaps you have been in charge of your finances since you started working an after school job in high school, or maybe you are suddenly feeling overwhelmed with allocating the salary from your first job out of college. No matter what your financial situation is, it is important to understand how to handle your money. This course will familiarize you with the basics of budgeting, credit, saving, and investing.

Negotiations: Making Business Deals Featured Image

Negotiations: Making Business Deals

This course is designed to help executives and other potential deal-makers learn the essential strategies and skills to conducting successful business negotiations. Learners in this course will explore the fundamentals of deal making with the help of games, videos, interactive exercises, case studies, and other engaging content. The course begins by comparing and contrasting the two major types of negotiation-Dispute Settlement Negotiation (DSN) and Deal Making Negotiation (DMN)-and exploring the difference between negotiation and bargaining. Key topics covered in the course include the stages of the negotiation process; the importance of preparation and realistic goal-setting; the five basic approaches to negotiation; when to make (and when to avoid) commitments; the relative importance of relationships and outcomes; the decision to walk away from a negotiation; and the unique challenges posed by multiparty, international, and cross-cultural negotiations.

Managing People Featured Image

Managing People

To be successful and move ahead in his or her career, a manager must understand how to manage people, including motivating workers and coordinating their activities. This course will explain how the goals, empowerment, measurement system of management can be employed and how organization structures differ. The course will also cover the difficulty of discipline while trying to maintain momentum.

Managing in a Modern Organization Featured Image

Managing in a Modern Organization

This course considers the fundamentals of management and how managers can be effective in organizational settings. Based on D. Quinn Mills' book, Principles of Management, a text used at Harvard Business School, this course addresses managing in the modern organization.