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  • Job reference: RMS0104562

Cost Engineer - Houston

  • Sector: Oil & Gas
  • Location: Houston
  • Job type: Contract
  • Date posted: 05/04/2012
  • Time left:
    d h m s
This vacancy has now expired.
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The Company:
Our Client is a global leading Oil & Gas Operating Company

The Role:
• The Cost Engineer (CE) coordinates for the Project all aspects of cost control and reporting, including project change management, estimate development, cost control and progress measurement.

1. Provide overall project cost, schedule, estimating, progress measurement, and change management leadership and expertise
• Participate in kick-off meetings with the EPC contractor(s) and PMT to ensure common understanding of cost, estimating, progress measurement, and change management requirements
• Conduct briefing sessions for project team members with respect to project control requirements and processes
• Cooperate with IPR teams and post audit activities with respect to project services functions
• Participate in gathering and recording lessons learned for the project

2. Supporting PMT and Cost Stewards with ongoing project cost analysis, reporting, forecasting, budgeting and Change Management.
• Develop and document Control Estimates, and Budgets (annual and multi-year), and ensuring that these products reflect the approved project design/execution scope
• Analyze cost trends, develop and review cost forecasts
• Prepare monthly cost reports (budgets, forecasts, expenditures, commitments)
• Maintain ongoing cost vulnerability/cost reduction opportunities database
• Review Controller's monthly Stewardship Report for actual invoice bookings
• Monitor and report on cost implications of changes
• Participate in developing Contract Price Budgets
• Support preparation of Advance Commitment or Full Funding estimates and budgets

3. Monitoring and appraising the performance of the Contractor(s) in the areas of cost control, progress measurement and control.
• Examine and evaluate the Contractor’s cost control organization, plans, performance and procedures
• Analyze cost and progress trends developed by contractor
• Review cost bases of contractor's Change Proposals - review and endorse Change Orders - monitor, analyze and report contractor invoices
• Assist PMT / sub-project management in developing/reviewing cost corrective actions and recovery plans, and making sure needed actions/plans are implemented.

4. Maintain regular contact with Cost and Schedule organization in the sub-project teams and with the Functional Organization.
• Maintain close liaison with cost and control engineers in the sub-project teams and Function

Essential Skills / Qualifications:

• Bachelors of Science Degree in Engineering, Engineering Technology, Business Administration with relevant experience, or 10+ years experience in the oil and gas industry
• 5+ years of project controls experience focused on cost control and some schedule control achievements
• Upstream / Pipeline / Offshore Engineering, Procurement, and Construction experience
• Strong Influencing, Consulting, Mentoring, Analytical, and Computing skills
• Adaptability to changing priorities
• Strong interpersonal and communication skills
• Ability to multitask and respond quickly to urgent analysis requests
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