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  • Job reference: RMS0141756

Cost Engineer

  • Sector: Oil & Gas
  • Location: Houston
  • Job type: Contract
  • Date posted: 08/05/2014
  • Time left:
    d h m s
    (15/05/14)
This vacancy has now expired.
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The Role:
To deliver standard, consistent and robust cost management frameworks and procedures to projects.
Deliver consistent but appropriate cost management structures for
major, complex projects.
Roll-out of the emerging Company standard tools and processes, as
appropriate for each project's life cycle development & execution phase.
Provide project management support in the development of cost
breakdown structures (CBS) and their population from the estimate.
Develop Work Breakdown Structure (WBS) and document Cost Time
and Resource (CTR) sheets for phased cost estimates in line with the
Company guidance notes for agreement and sign-off by the CTR budget
holders.
Provide project guidance for creation of accurate monthly cost reports,
identifying variances from the plan on commitment, value of work done,
changes and currency fluctuations against approved Authorities For
Expenditure (AFEs).
Develop and implement the change management process for projects.
Provide guidance on trend analysis and the assessment of change
impacts on cost.
Participate in peer reviews and other Assurance events.
Contribute to the development of junior staff through coaching and
training in cost engineering practices, tools and techniques.
Maintain and promote realism in the cost forecasts in the face of
commercial pressure and optimism from project teams.
Maintain consistency in cost bases through rigorous adherence to the
controls processes.
Drive and raise awareness of the importance of developing the cost
management structure in early project phases.

Engineering Degree and/or Certification as a Cost Engineer or
equivalent experience.
Minimum 12 years industry experience in lead cost engineering
positions.
Excellent analytical, oral and written communication skills
Experience in managing small teams of junior personnel.
Fully versed with Cost Control principles and techniques.
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