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Cost Estimating Engineer
The Role
JOB TITLE: Cost Estimating Engineer
Where you fit
The Cost Estimating Engineer scope involves establishing, delivering, maintaining and managing a standardized and consistent suite of Capital Oil and Gas Project Services, including Cost Estimating, Cost management, Cost Engineering and Risk analysis.
What’s the role?
To deliver and maintain standard, consistent and realistic cost estimates reflecting the assessed risk parameters for each project.
Your Accountabilities are the following:
- Methodologies and tools for Cost Estimates- Utilise cost methodologies and tools to produce cost estimates inclusive of engineering, procurement, construction, commissioning and start-up scope and costs.
- Incorporate project complexity factors into project estimates and assemble key input data such as project objectives, scope and execution plan.
- Formulate methodologies for deriving quantities from design parameters.
- Perform scenario comparisons and uncertainty analysis and sensitivities on cost estimates, reflecting analysis of project risks. Support reviews and assurance of cost estimates.
- Benchmark against historical performance, industry norms and established KPIs.
- Assess prospect scope and main components to develop consistent "building block" estimates (Type-1 & 2/ AACEI Class 5 & 4) for each concept under consideration.
- Translate the identified project scope and engineering deliverables into the estimate of capital expenditure costs composed of detailed MTOs matched with detailed pricing and construction unit hours (Type-3/ AACEI Class 3). Identify areas of uncertainty and apply appropriate allowances.
- Support Development of detailed project cost forecasts (Type-4 / AACEI Class 2). Incorporation of project actuals to date and detailed MTOs matched with detailed pricing and construction unit hours for to-go costs.
- Develop Estimate Plan detailing how the estimate will be developed.
- Develop Estimate Basis to document how estimate was developed.
- Manage Estimating Data- Support process to collect actual cost performance, condition and normalise data for future use, develop metrics and benchmarking information. Support process to store Estimate files in a consistent, secure location.
- Utilise Technical, Economical, Commercial, Organisational & Political (TECOP) profile to establish appropriate deterministic cost contingency.
- Help the project team to fully understand the risk/cost/schedule trade-offs so that they can make better informed business and commercial decisions.
- Prepare commercial proposals, supply bid evaluation services and negotiating support to the project teams with regard to cost estimating issues.
- Review scope change requests for impact on total installed cost.
- Work with Planning & Cost Engineers to ensure alignment of planning, cost estimating and cost control.
- Be able to acquire initial information on Market Intelligence and perform benchmarking.
- Support, train, and coach junior estimators’ development.
- Provision of support from hub to multiple Lines of Business.
- Support may be required for SOV, NOV, and JV opportunities in various capacities depending on the business requirements
- Comfortable to work virtually with remote teams in different time zones and flexible for occasional business travel
What we need from you
- Minimum bachelor’s degree in engineering with minimum of 8+ years industry experience with 5+ years of major capital project experience in Oil and Gas industry.
- Certification as a Cost Estimator or equivalent experience.
- Project Services SPA Level 1 certification or equivalent
- Have been responsible for the preparation and maintenance of cost estimates for elements of project scope or a portfolio of early-phase prospects (> 100 mln.US$)
- Good commercial knowledge.
- Team player with good interpersonal skills and proven track record of being self-motivated.
- Able to work across multiple projects largely unsupervised and deliver results within challenging deadlines and under pressure.
COMPANY DESCRIPTION
An innovative place to work
There’s never been a more exciting time to work at Shell. Everyone here is helping solve one of the biggest challenges facing the world today: bringing the benefits of energy to everyone on the planet, whilst managing the risks of climate change.
Join us and you’ll add your talent and imagination to a business with the power to shape the future – whether by investing in renewables, exploring new ways to store energy or developing technology that helps the world to use energy more efficiently.
An inclusive place to work
To power progress together, we need to attract and develop the brightest minds and make sure every voice is heard. Here are just some of the ways we’re nurturing an inclusive environment – one where you can express your ideas, extend your skills and reach your potential…
- We’re creating a space where people with disabilities can excel through transparent recruitment process, workplace adjustments and ongoing support in their roles. Feel free to let us know about your circumstances when you apply, and we’ll take it from there.
- We’re closing the gender gap – whether that’s through action on equal pay or by enabling more women to reach senior roles in engineering and technology.
- We’re striving to be a pioneer of an inclusive and diverse workplace, promoting equality for employees regardless of sexual orientation or gender identity.
- We consider ourselves a flexible employer and want to support you finding the right balance. We encourage you to discuss this with us in your application.
A rewarding place to work
Combine our creative, collaborative environment and global operations with an impressive range of benefits and joining Shell becomes an inspired career choice.
We’re huge advocates for career development. We’ll encourage you to try new roles and experience new settings. By pushing people to reach their potential, we frequently help them find skills they never knew they had, or make career moves they never thought possible.
Please note: We occasionally amend or withdraw Shell jobs and reserve the right to do so at any time, including prior to the advertised closing date. Before applying, you are advised to read our data protection policy. This policy describes the processing that may be associated with your personal data and informs you that your personal data may be transferred to Shell/Shell Group companies around the world. The Shell Group and its approved recruitment consultants will never ask you for a fee to process or consider your application for a career with Shell. Anyone who demands such a fee is not an authorised Shell representative and you are strongly advised to refuse any such demand. Shell is an Equal Opportunity Employer.