Audit evidence
Map a current situation involving audit evidence; separate facts from assumptions and identify questions that need clarification.
All programmesProcurement, Contracts & Logistics / PM-PRO-023
Reviewing Oil and Gas Contracts
A practical programme in reviewing oil and gas contracts, connecting working concepts with team decisions and relevant workplace examples.
About the Course
This programme develops a working approach to reviewing oil and gas contracts in the context of sourcing, contract performance and delivery choices. Participants move from understanding the main concepts to examining a case, testing alternatives and explaining a practical recommendation. The three modules focus on audit evidence, commercial controls and issue reporting. Examples are selected after the training brief so that they reflect the responsibilities and experience of the participant group.
Course Objectives
- Explain the role of audit evidence and identify the information required for a reliable assessment.
- Use a structured worksheet to examine commercial controls and compare reasonable alternatives.
- Identify assumptions, missing evidence and implementation concerns related to issue reporting.
- Prepare an option comparison with cost, service and exposure considerations for discussion with a supply-chain team.
- Translate the exercise into a workplace action plan with owners, review points and measurable progress.
Who Can Benefit
- Buyers and sourcing professionals: apply audit evidence to their responsibilities through a guided case and a course-specific worksheet.
- Contract and supply-chain coordinators: apply commercial controls to their responsibilities through a guided case and a course-specific worksheet.
- Operations and logistics planners: apply issue reporting to their responsibilities through a guided case and a course-specific worksheet.
Participant experience and learning needs are reviewed before the programme is confirmed.
Curriculum & Practical Work
Commercial controls
Compare two approaches to commercial controls; explain the expected benefits, limitations and information gaps.
Issue reporting
Develop an action plan for issue reporting; assign responsibilities and agree how results should be reviewed.
Learning Method
Short concept discussions, guided worksheets, group comparisons and instructor feedback, followed by a workplace action plan.
Educational programme. No professional accreditation is implied; specialist legal, engineering or tax advice requires qualified professionals.