ADNOC Offshore in UAE

CAMS|HR|HR-Policy & Compensation V2|A3|C|C2|M15|C2.3|Finance – Business Plan; Budgeting; Cash Management; AFEs

1. Discuss the Business Planning process including the plan’s assumptions for your Business Unit.
2. Describe preparation of the main components of the Business Plan.
3. Discuss the relationship between the Business Plan and the related Budget.
4. ; identify the Capital Expenditure Total & the Operating Expense Total for the current year & the following four years.
5. In general terms, describe your Business Unit’s responsibilities to audit requests. Describe what the main components of the CAPITAL budget are.
6. demonstrate your understanding of the overall CAPITAL budget preparation process timeline & process by drawing a series of diagrams illustrating these points.
7. Describe what the main components of the OPEX budget are. Who are the main stakeholders of the Capital Budget? How is the Capital Budget approved? Discuss the main components of the current year’s OPEX budget
8. Demonstrate the overall OPEX budget preparation process timeline and process by drawing a series of diagrams illustrating these points.
9. Define the purpose of raising AFE. Define ‘commitment’ & make reference to the different commitment documents.
10. Explain the Financial Authority Limits used for AFE Authorization.
11. What are the Financial Authority Limits of your Team Leader; of your Department or Division Manager?
12. What are the differences between Contractors, Vendors, Suppliers, Manufacturers& Local Agents?
13. Describe what an invoice is. Discuss how an invoice is registered.
14. Discuss the different types of invoices, or other contractor billing documents, used in your organization?
15. What type of service/materials may be procured in each case?

CAMS|HR|HR-Policy & Compensation V2|A3|C|C2|M15|C2.2|Business Products, Transportation, Oil Production/Operations

1. Name three of the main products produced by the ADNOC group of companies.
2. State the main uses of products listed above.
3. Identify OPCOs producing the listed items.
4. Name the key products of your OPCO.
5. Name the key customers for products of your OPCO.
6. Identify the basic means of transportation of your OPCO’s products
7. Describe the main aims and objectives of OPEC.
8. List which commodities are covered by OPEC production quota agreements.
9. Obtain a graph of the ‘Arabian Light” price history for the past 12 months, and use it to discuss how this influenced your OPCO’s activities.
10. Describe the process of developing and agreeing to KPIs for your work team.
11. Discuss all your company’s KPIs for the current year
12. Discuss your Work Team’s KPIs for the current year.
13. (P) Using your current Tasks and Targets or current Personal Development Plan, explain how the Real Work which you perform contributes to your Team’s KPIs.
14. Describe the current budget for HR division (i.e. total budget, categories and amounts for each category, etc.) (Q) Describe the major drivers of performance in your WorkTeam or Business Unit.
15. Demonstrate your familiarity and ability to properly apply your Department’s business cost codes.

CAMS|HR|HR-Policy & Compensation V2|A3|C|C2|M15|C2.3|Finance – Business Plan; Budgeting; Cash Management; AFEs

1. Discuss the Business Planning process including the plan’s assumptions for your Business Unit.
2. Describe preparation of the main components of the Business Plan.
3. Discuss the relationship between the Business Plan and the related Budget.
4. ; identify the Capital Expenditure Total & the Operating Expense Total for the current year & the following four years.
5. In general terms, describe your Business Unit’s responsibilities to audit requests. Describe what the main components of the CAPITAL budget are.
6. demonstrate your understanding of the overall CAPITAL budget preparation process timeline & process by drawing a series of diagrams illustrating these points.
7. Describe what the main components of the OPEX budget are. Who are the main stakeholders of the Capital Budget? How is the Capital Budget approved? Discuss the main components of the current year’s OPEX budget
8. Demonstrate the overall OPEX budget preparation process timeline and process by drawing a series of diagrams illustrating these points.
9. Define the purpose of raising AFE. Define ‘commitment’ & make reference to the different commitment documents.
10. Explain the Financial Authority Limits used for AFE Authorization.
11. What are the Financial Authority Limits of your Team Leader; of your Department or Division Manager?
12. What are the differences between Contractors, Vendors, Suppliers, Manufacturers& Local Agents?
13. Describe what an invoice is. Discuss how an invoice is registered.
14. Discuss the different types of invoices, or other contractor billing documents, used in your organization?
15. What type of service/materials may be procured in each case?

CAMS|HR|HR-Policy & Compensation V2|A3|C|C2|M15|C2.2|Business Products, Transportation, Oil Production/Operations

1. Name three of the main products produced by the ADNOC group of companies.
2. State the main uses of products listed above.
3. Identify OPCOs producing the listed items.
4. Name the key products of your OPCO.
5. Name the key customers for products of your OPCO.
6. Identify the basic means of transportation of your OPCO’s products
7. Describe the main aims and objectives of OPEC.
8. List which commodities are covered by OPEC production quota agreements.
9. Obtain a graph of the ‘Arabian Light” price history for the past 12 months, and use it to discuss how this influenced your OPCO’s activities.
10. Describe the process of developing and agreeing to KPIs for your work team.
11. Discuss all your company’s KPIs for the current year
12. Discuss your Work Team’s KPIs for the current year.
13. (P) Using your current Tasks and Targets or current Personal Development Plan, explain how the Real Work which you perform contributes to your Team’s KPIs.
14. Describe the current budget for HR division (i.e. total budget, categories and amounts for each category, etc.) (Q) Describe the major drivers of performance in your WorkTeam or Business Unit.
15. Demonstrate your familiarity and ability to properly apply your Department’s business cost codes.