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One of the most frequently asked questions around Data Management is about what value it delivers to the organization? The question resolves into other questions:
• What should be budgeted for data management?
• What is minimum size of an effective organization
• How should data management grow or change to meet changing business demands
• Which key activities provide the best return on spend
• How much is everyone else spending
 

This interactive workshop will help the delegates by developing the structure to their thinking on valuing data management both from a Data Management Perspective and a business perspective. The delegates will benefit from sharing current thinking, including a number of well-publicised papers dedicated to the topic. Using case study examples we will look at the topic from different angles:


• costs of acquisition/replacement
• data as an asset
• comparative studies on data management maturity and business effectiveness
• costs of failure
• value add activities

 

The workshop will provide an opportunity to share your experiences and your key questions with your peers. The workshop will cover:
• What does effective Data Management look like?
• What are the minimum essential activities?
• Summary and categorization of costs
• Industry views on the ‘value of data’ and the ‘value of data management’
• Approaches to valuing effective data management
• Examples and case studies
 

This workshop is designed for those who are …
• managing data in E&P
• dependent on well managed E&P data
• budgeting for effective Data Management

 

Workshop programme

13:30 Registration and coffee

14:00 Opening remarks

Ed Evans

Ed Evans, Senior Consultant and CEO , NDB

14:50 What are the minimum essential activities?

Ed Evans

Ed Evans, Senior Consultant and CEO , NDB

15:30 Afternoon Tea

16:00 Summary and categorization of costs

Ed Evans

Ed Evans, Senior Consultant and CEO , NDB

16:40 Industry views on the ‘value of data’ and the ‘value of data management’

Ed Evans

Ed Evans, Senior Consultant and CEO , NDB

17:20 Approaches to valuing effective data management

Ed Evans

Ed Evans, Senior Consultant and CEO , NDB

18:00 End of workshop

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Marriott Regents Park

128 King Henry's Road
London NW3 3ST
United Kingdom

Marriott Regents Park

This 4 star north London hotel in zone 2 is the perfect destination for the astute business traveler as well as the leisure guest that knows how convenient north London hotels are, as a base from which to explore the city .Bond Street is just 3 stops from Swiss Cottage underground station on the Jubilee Line, so you can be shopping, exploring the sights and taking in one of London’s world-renowned West End shows in less than 15 minutes when you stay at this hotel near central London. At the same time, the hive of activity that is Camden Town, the chic shops, cafes and restaurants of Primrose Hill and ZSL’s London Zoo in Regents Park are all just a short walk from this hotel in north London.

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WHAT IS CPD?

CPD stands for Continuing Professional Development’. It is essentially a philosophy, which maintains that in order to be effective, learning should be organised and structured. The most common definition is:

‘A commitment to structured skills and knowledge enhancement for Personal or Professional competence’

CPD is a common requirement of individual membership with professional bodies and Institutes. Increasingly, employers also expect their staff to undertake regular CPD activities.

Undertaken over a period of time, CPD ensures that educational qualifications do not become obsolete, and allows for best practice and professional standards to be upheld.

CPD can be undertaken through a variety of learning activities including instructor led training courses, seminars and conferences, e:learning modules or structured reading.

CPD AND PROFESSIONAL INSTITUTES

There are approximately 470 institutes in the UK across all industry sectors, with a collective membership of circa 4 million professionals, and they all expect their members to undertake CPD.

For some institutes undertaking CPD is mandatory e.g. accountancy and law, and linked to a licence to practice, for others it’s obligatory. By ensuring that their members undertake CPD, the professional bodies seek to ensure that professional standards, legislative awareness and ethical practices are maintained.

CPD Schemes often run over the period of a year and the institutes generally provide online tools for their members to record and reflect on their CPD activities.

TYPICAL CPD SCHEMES AND RECORDING OF CPD (CPD points and hours)

Professional bodies and Institutes CPD schemes are either structured as ‘Input’ or ‘Output’ based.

‘Input’ based schemes list a precise number of CPD hours that individuals must achieve within a given time period. These schemes can also use different ‘currencies’ such as points, merits, units or credits, where an individual must accumulate the number required. These currencies are usually based on time i.e. 1 CPD point = 1 hour of learning.

‘Output’ based schemes are learner centred. They require individuals to set learning goals that align to professional competencies, or personal development objectives. These schemes also list different ways to achieve the learning goals e.g. training courses, seminars or e:learning, which enables an individual to complete their CPD through their preferred mode of learning.

The majority of Input and Output based schemes actively encourage individuals to seek appropriate CPD activities independently.

As a formal provider of CPD certified activities, SMI Group can provide an indication of the learning benefit gained and the typical completion. However, it is ultimately the responsibility of the delegate to evaluate their learning, and record it correctly in line with their professional body’s or employers requirements.

GLOBAL CPD

Increasingly, international and emerging markets are ‘professionalising’ their workforces and looking to the UK to benchmark educational standards. The undertaking of CPD is now increasingly expected of any individual employed within today’s global marketplace.

CPD Certificates

We can provide a certificate for all our accredited events. To request a CPD certificate for a conference , workshop, master classes you have attended please email events@smi-online.co.uk

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