Job Purpose:

 

•    Participate in providing Consultancy estimate services to operating divisions. Evaluate variations to contract and participate in techno-commercial appraisal and its finalization. Participate in the preparation of techno-economic and feasibility studies, lifetime cost cycles, project cost risk analysis and update cost data systems.

•    Forecast cost and prepare a complete project cost outlook in different classes, types and methods for capital development projects, modifications and maintenance works engineered and/or managed by discipline engineering division to ensure sufficient finding and recommend appropriate budgets for such projects.

•    Evaluate variations to contracts and provide cost forecast services to other operating and technical Divisions. Prepare cost-engineering studies, project life cycle costing and cost estimate risk analysis.  Provide Cost Estimating support to projects at all stages of the process.

•    Prepare project cost estimates for various types of capital development projects and major maintenance schemes in adequate estimate class, details and accuracy and passes, through supervisor, for management approval.

•    Prepare cost estimates upon receiving scope of work by projecting historical data to reflect present and anticipated market trends and / or develop cost estimates from first principle by analysis and determining total resources required, i.e. man-hour, manpower, duration, materials and equipment.

•    Review project cost estimates produced by consultants and consolidate the same with indirect owners cost to arrive at project budgets.

•    Determine construction methods and logistics for implementation and construction schedule to produce activity-duration cost estimates.

•    Carry out cost estimates assuming alternative implementation strategies and provides recommendation for most economical options.

•    Develop detailed project cost estimates, which is considered as yardstick by which contractor's / Bidder’s tenders are appraised.

•    Visit sites to determine methods of construction, manpower and time required to execute the work. 

•    Provide cost estimates/ breakdown structure and any other information required for the preparation of budgets, cost management plans and business plans.

•    Participate as Task Force Member for cost effective feasibility studies, quantified risk assessment and optimization studies for new schemes / modification.

•    Evaluate project bids and provide advisory services / cost comparison to asset departments during the construction bids analysis against the cost estimates, to achieve the most economic lump sum prices.

•    Participate with project team in producing negotiating strategies and actual involvement in negotiations with contractors until contract finalization and in appraisal / approval of contract variation order for various projects.

•    Prepare cost risk customized analysis utilizing appropriate software to determine risk levels of major projects, involving risk quantification and simulations.

•    Study and analyse project execution plan, procurement and contracting strategies, construction method statement from mobilizations, through fabrication, installation until final commissioning and project completion, to evaluate / allocate proper budget breakdown against each direct cost element.

•    Plan, supervise and coordinate all activities in the assigned area to meet functional objectives.

•    Train and develop the assigned staff on relevant skills to enable them to become proficient on the job and deliver the respective section objectives.

•    Provide input for preparation of the Department/ Section budgets and assist in the implementation of the approved Budget and work plans to deliver Section objectives. 

•    Investigate and highlight any significant variances to support effective performance and cost control.

•    Implement approved Department / Section policies, processes, systems, standards and procedures in order to support execution of the Department / Section’s work programs in line with Company and International standards.

•    Comply with all applicable legislation and legal regulations.

•    Contribute to the achievement of the approved Performance Objectives for the Department / Section in line with the Company Performance framework.

•    Design and implement new tools and techniques to improve the quality and efficiency of   operational processes.

•    Identify improvements in internal processes against best practices in pursuit of greater efficiency in line with ISO standards in order to define intelligent solutions for issues confronting the function.

•    Provide inputs to prepare Section MIS and progress reports for Company Management

•    Comply with relevant HSE policies, procedures & controls and applicable legislation and sustainability guidelines in line with international standards, best practices and Company Code of Practices

Minimum Requirements

 

•    Professional in English Language ( reading, writing and speaking )

•    6 years of experience

•    Engineering Degree with cost controlling experiences or accounting / financing degree or equivalent.