Mr Skerman said he fully supported the Ruataniwha dam as an economic development project.
"Ruataniwha dam really presents a lot of change and it will mean a lot of interesting conversations around kitchen tables," he said.
Asked about the research he would be doing and how it would impact the dam, Mr Skerman said: "Good governance is an insurance to dealing with volatility.
"Things don't always go as planned so it's good to have good systems in place."
Mr Skerman said there were lots of job associated with the dam, immediately and "downstream" as well.
He will travel internationally for at least four months in his scholarship year, take part in a conference with 60 Nuffield scholars from around the world, as well as a six-week Global Focus Programme through several countries with other scholars.
The council's interim chief executive, Liz Lambert, said the honour was "a tremendous opportunity" for a key regional council employee.
"While he won't be on the ground here in Hawke's Bay for some of next year, we believe what Tom will learn and bring back to the council and the wider community will offer huge benefits," Mrs Lambert said.
The scholarship is one of the most respected and prestigious awards available in the primary sector.
It offers a special opportunity for overseas travel, study of the latest developments in a number of leading agricultural countries, and an introduction to leaders and decision-makers that would not be available to the ordinary traveller.