Engineer Cost Estimation
Shell
**Role Overview:**
+ Translate project scope into estimates of capital and operational expenditure across project phases (Identify, Assess, Select, Define, Execute).
+ Estimate costs for engineering, procurement, construction, implementation, commissioning, and start-up.
+ Calculate project risk contingency using deterministic and probabilistic methods.
+ Account for market movements and owner's costs.
**Key Responsibilities:**
+ Develop methods to derive quantities from design parameters.
+ Assist project teams with scenario comparisons, uncertainty analysis, and cost sensitivities.
+ Review and assure cost estimates, benchmark against historical performance, industry norms, and KPIs.
+ Assess project scope and develop estimates (Type 0 to Type 4).
+ Align planning and cost deliverables with Planning & Cost Engineers.
+ Organize Estimate Kick Offs and Review meetings.
+ Develop and document Estimate Plans and Bases.
+ Collect actual cost performance data, develop metrics, and benchmark information.
+ Create benchmarking packages to validate estimates.
+ Establish deterministic cost contingency using TECOP profile.
+ Support deterministic cost model and probabilistic cost analysis development.
+ Provide presentations and dashboards to project teams.
+ Update SharePoint with estimates and benchmark data.
+ Ensure detailed project cost estimates (Type 4) are accurate and incorporate actual costs.
**Required Skills:**
+ Engineering Degree and/or Certification as a Cost Estimator or equivalent experience.
+ 5-10 years of experience in cost estimating positions in the Oil & Gas industry.
+ Proficiency in Cost Estimating Tools and Methodologies, ASPEN TECH, and cost risk analysis.
+ Strong analytical, communication, and teamwork skills.
+ Advanced MS Excel skills and proficiency with MS Office suite.
**Preferred Skills:**
+ Experience with ASPEN TECH, CCET, and Electrical Projects or petrochemicals plant turnarounds.
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