Senior Cost Estimating Engineer

Petroleum Development Oman (PDO)

Employer Active

Posted 5 hrs ago

Experience

7 - 12 Years

Job Location

Oman - Oman

Education

Any Graduation

Nationality

Any Nationality

Gender

Not Mentioned

Vacancy

1 Vacancy

Job Description

Roles & Responsibilities

Methodologies and tools for Cost Estimates- Utilize cost methodologies and tools to support production of cost estimates. Incorporate project complexity factors into project estimates.

Able to independently develop (and peer review or assure other team members), to the required quality and accuracy level, type 1, 2, 3 and 4 cost estimates.

Able to independently develop detailed estimate plans, estimate basis documents, incl choice of most adequate basis / source of cost data for each equipment and bulk element of project scope, factors / allowances for not defined cost elements and develop overall deterministic cost estimate

Cost-Risk Analysis (CRA): Able to assess overall risk, prepare inputs to Probabilistic cost risk assessment and develop the simplified project cost model, map the Risk Register entries to the model elements and quantify these impacts into cost ranges. Assess and establish appropriate probability distributions for each element. Analyze the results from the cost risk analysis and develop overview presentation material to explain the results and key cost risk areas.

Utilize the PDO standard tools and processes.

Actively support the development and maintenance of:

  • Cost estimating tools
  • Cost databases
  • Guidelines, Standards and Operating procedures

Able to asses and give advise on the impact on cost estimates of:

  • Execution strategy
  • Contracting strategy
  • Schedule adjustments

Able to serve as cost estimate focal point/lead for designated projects if required

Enhance and develop cost estimating skills of graduate staff by providing guidance and act as mentor/coach

Desired Candidate Profile

Education & Experience

  • Engineering Degree and Certification as a Cost Estimator or equivalent experience.
  • Minimum 7 years industry experience in estimator positions on large oil & gas EPC projects, as well as project and maintenance portfolio s.
  • Proven experience in handling contractual claims.
  • Proven experience in working in complex, multidisciplinary (project) environments
  • Proven cost estimating experience in all ORP phases (Identify/Assess to Execution)
  • Proven contributions to the improvement of the processes and ways of working in the Cost Estimating discipline
  • Good analytical, oral and written communication skills.
  • Good working knowledge of Cost Estimating principles, techniques and industry standard tools.

Company Industry

  • Oil & Gas
  • Petroleum

Department / Functional Area

  • Engineering

Keywords

  • Senior Cost Estimating Engineer

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Petroleum Development Oman (PDO)

Petroleum Development Oman is the leading exploration and production company in the Sultanate of Oman. The Company delivers the majority of the country's crude oil production and natural gas supply.

https://www.petrojobs.om/en-us/Pages/Job/Details.aspx?i=2854525