Cost Engineer - Canada

Ref RP-270-002
Location
Sector Oil & Gas / Chemicals
Job Role
Position Type
 
Job Role

To contribute to delivery of standard, consistent and robust cost management frameworks and
procedures to projects.

Responsibilities

         Deliver consistent but appropriate cost management structures for medium-size, stand-alone
projects.

         Roll-out of the emerging Company standard tools and processes, as appropriate for each
project's life cycle development & execution phase.

         Support delivery of cost management solutions for major, complex projects.

         Support the development of project cost breakdown structures (CBS) and their population
from the estimate.

         Prepare Work Breakdown Structure (WBS) and documented 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.

         Generate accurate monthly cost reports, highlighting variances from the plan on
commitment, value of work done, management of changes and currency fluctuations against
approved Authorities for Expenditure (AFEs).

         Contribute to the change management process for projects.

         Analyse trends and the highlight potential impacts of changes on cost.

         Assist in peer reviews and other Assurance events.

         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.

Raise awareness of the importance of developing the cost management structure in early project phases.
 Skills / Experience Required

         Engineering Degree and/or Certification as a Cost Engineer or equivalent experience.

         Significant industry experience in cost engineering positions.

         Excellent analytical, oral and written communication skills.

Fully versed with Cost Control principles and techniques

COST ESTIMATOR

Cost Estimator - Singapore

Ref IK-752-08
Location Singapore
Sector Oil & Gas / Chemicals
Job Role Cost Estimator
Position Type Permanent - Full Time
 
Job Role

To deliver and maintain standard, consistent and realistic cost estimates reflecting the assessed risk
parameters for each project.

Job Duties

 Methodologies and tools for Cost Estimates-Utilise cost methodologies and tools to produce
cost estimates.
 Incorporate project complexity factors into project estimates and assemble key input data
such as project objectives, scope and economic analysis.
 Formulate and validate methodologies for deriving quantities from design parameters.
 Perform uncertainty analysis and sensitivities on cost estimates, reflecting analysis of project
risks.
 Manage reviews and audits of cost estimates.
 Benchmark against historical performance, industry norms and established KPI’s.
 Assess prospect scope and develop consistent, high level conceptual estimates (Type-0/1)
for each concept under consideration.
 Experienced with development of capacity factored estimates and location factor adjustments.
  Assess prospect scope and main components to develop consistent "building block"
estimates (Type-2) for each concept under consideration.
 Utilise Technical, Economical, Commercial, Organisational & Political (TECOP) profile to
establish appropriate deterministic cost contingency.
  Translate the identified project scope and engineering deliverables into the estimate of capital
expenditure costs for design, procurement, construction, installation, commissioning and
start-up of the hardware elements (Type-3).
 Estimate composed of detailed MTOs matched with detailed pricing and construction unit
hours.
 Identify areas of uncertainty and apply appropriate allowances.
 Development of detailed project cost estimate (Type-4).
 Incorporation of project actuals to date and detailed MTOs matched with detailed pricing and
construction unit hours for to-go costs.
 Develop Estimate Basis to document how estimate was developed.
 Manage Estimating Data-Establish process to collect actual cost performance, condition and
normalise data for future use, develop metrics and benchmarking information.
 Benchmarking of Estimates-Develop benchmarking packages at appropriate level to check
estimate results from top down versus both internal and external comparable data.
 Work with IPA forms and reports to understand comparison of projects to industry datasets.
 Cost Estimator will also develop expertise in probabilistic cost estimating and will be a subject
matter resource within the global Project Management Services community for projects that
are using that cost estimating method.

Job Requirement

 Engineering Degree and/or Certification as a Cost Estimator or equivalent experience.

 Very experienced and proven track record in industry experience in lead estimator positions.
 Excellent analytical, oral and written communication skills Experience in managing small
teams of junior personnel.
 Fully versed with Cost Estimating principles, techniques and industry standard tools.

Additional Information

To apply please send your CV, with your current and expected salary / daily rate to
jobs.kl@echarris.com. We offer an attractive remuneration package to the right candidate. To find out
more about our company, please visit http://www.echarris.com.