Strategic Scenario Planning in Energy Industry: Navigating Uncertainty for Informed Decision-Making
LEVEL: INTERMEDIATE HRDF: CLAIMABLE
Process Applying MBOT
TRAINERS:
Ts. Dr Hafizan Bt Mat Som & Ts. AP Dr Noreen Izza Arshad
13 - 14 OCTOBER 2025
CAPE
Level 8, Permata Sapura, Kuala Lumpur City Centre, 50088 Kuala Lumpur​
9.00AM - 5.00PM
RM 2,500 FOR PROFESSIONALS
10% Discount for Early Bird (until 13 September 2025) / Group / Students
CONTENT SUMMARY
INTRODUCTION
Energy industry is known for its volatility. Several factors contribute to this volatility are price fluctuations, geopolitical instability, technological advances, regulatory changes, climate and weather events, global economic conditions, supply chain vulnerabilities, energy transition and policy uncertainty as well as market speculation.
Scenario planning in the energy industry is a strategic decision-making process that involves creating and analyzing different plausible future scenarios to prepare for uncertainty and changes in the energy landscape. This approach enables energy companies, policymakers, and stakeholders to anticipate potential developments, challenges, and opportunities, and to develop strategies that are robust and adaptable across a range of potential future conditions.
This course offers participants a unique opportunity to master the art of anticipating the future, making informed decisions, and driving success in uncertain industries such as the energy industry. Throughout the course, participants will engage in interactive exercises, examine case studies, and participate in simulations to sharpen their scenario-planning skills.
The course applies Scenario Manager, a feature in Excel 365, as its main tool for scenario analysis. Excel's Scenario Manager provides a simple and intuitive interface, making it accessible to a wide range of users, from beginners to advanced spreadsheet users. It also allows participants to create and compare multiple scenarios quickly and efficiently, enabling them to analyze various what-if situations in a limited time. Participants can define different input values for various scenarios, such as sales projections, costs, interest rates, or any other variables that impact their analysis. Finally, the Scenario Manager generates summary reports that present the results of each scenario in a clear and organized format, helping individuals visualize the potential outcomes.
In essence, this Scenario Planning course empowers participants to become proactive, strategic thinkers who are well-equipped to make robust decisions in a dynamic organization. Ultimately, it enables organization in the energy industry to thrive by transforming uncertainty into opportunity and complexity into clarity.
Module 1: Introduction to Scenario Planning
- Understanding the concept and purpose of scenario planning
- Historical examples of successful scenario planning
- Importance of scenario planning in decision-making
- The significance of scenario planning in the energy industry
Module 2: Key Concepts and Terminology
- Uncertainty, volatility, and complexity in decision-making
- Types of scenarios: baseline, alternative, and extreme cases
- Identifying critical uncertainties and drivers in the energy industry
Module 3: Steps in Scenario Planning
- Defining the scope and objectives of scenario planning
- Environmental scanning and data collection
- Creating a scenario matrix and storylines
Module 4: Scenario Development
- Building plausible and coherent scenarios
- Incorporating different perspectives and stakeholder inputs
- Avoiding common pitfalls and biases in scenario creation
Module 5: Scenario Analysis and Decision-Making
- Quantitative and qualitative methods for analyzing scenarios.
- Assessing the impact on organizational performance, strategies, and goals
- Identifying robust strategies across scenarios
Module 6: Tools and Software for Scenario Planning
- Overview of scenario planning software and tools
- Hands-on practice using tools (Microsoft Excel's Scenario Manager)
- Integrating scenario planning into existing organizational processes
OBJECTIVES
Upon completion of this course, participants will be able to:
- Grasp the notion of scenario planning as a tool for decision-making within the energy industry characterized by its inherent volatility;
- Outline the potential scenarios and their corresponding implications concerning the performance and enduring viability of the organization in energy industry;
- Demonstrate proficiency in scenario planning techniques by utilizing the Scenario Manager feature in Microsoft Excel 365.
WHO SHOULD ATTEND?
- Top Management
- Managers and Executives
- Financial Analyst
- Human Resource Officers
- Government Officers
- Researchers
OUR TRAINERS
1. Ts. Dr Hafizan Bt Mat Som (UTP)
Ts Dr. Hafizan Mat Som is a Senior Lecturer in the Department of Computer and Information Sciences at Universiti Teknologi Petronas (UTP) and a member of the Positive Computing Research Centre within UTP's Institute of Emerging Digital Technology. With over 20 years of experience in teaching and training in Digital Technology, IT/IS Governance, and Business Strategic Planning, Ts Dr. Hafizan is an accomplished professional in her field. She earned her PhD from Liverpool John Moores University, UK, specializing in technology-enhanced learning. She holds active membership as a Professional Technologist (Ts) awarded by the Malaysia Board of Technologies (MBOT) and is a member of the Association of Information Systems (AIS), Malaysia Chapter. Ts Dr. Hafizan brings extensive leadership experience, having previously held a top management position at a university in Pahang and served as the executive director of a Technical Training College. She is currently the Cluster Head for the Technology Section under the Pahang Women Policies and Blueprint 2022-2026. Ts Dr. Hafizan has been actively involved in delivering training to a diverse range of participants, including school children, university students, graduates, corporate employees, and the public. Her professional interests focus on business strategic planning, business digitalization, digital governance, digital learning technologies, and the application of extended reality technology to enhance quality of life.
2. Ts. Associate Professor Dr Noreen Izza Arshad (UTP)
REGISTRATION FEES
PROFESSIONALS
MYR2,500*
*fee quoted does not include SST, HRDF service fee, GST/VAT or withholding tax (if applicable).
EARLY BIRD/ GROUP/ STUDENT
MYR2,250*
*fee quoted does not include SST, HRDF service fee, GST/VAT or withholding tax (if applicable).
OUR LOCATION
Centre for Advanced & Professional Education (CAPE)
Level 8, Permata Sapura, Kuala Lumpur City Centre, 50088 Kuala Lumpur​
CALL US
+605 - 368 7558 /
+605 - 368 8485
DROP US AN EMAIL
cape@utp.edu.my