Project Cost Estimator Engineer at Shell Petroleum Development Company

Ref Id: 98745BR
Location: Port Harcourt, Rivers

Purpose

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

Accountabilities:

• Methodologies and tools for Cost Estimates - Utilize cost methodologies and tools to produce cost estimates (Type-0&1) 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-2) 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). Identify areas of uncertainty and apply appropriate allowances.

Responsibilities

• Work with the Risk Management team to develop appropriate Cost Risk Models.
• 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 normalize data for future use, develop metrics and benchmarking information. Support process to store Estimate files in a consistent, secure location.
• Utilize Technical, Economical, Commercial, Organizational & Political (TECOP) profile to establish appropriate deterministic cost contingency.
• Support development of “probabilistic cost analysis"

Attraction:

• Shell Projects & Technology Project Services organization is part of the Project Management function and provides steer and guidance for the organization to develop credible, competitive and ingenious solutions across the four key Project Services disciplines of Risk Management, Cost Estimation, Cost Engineering and Planning/Scheduling across the Businesses.
• These project services capabilities are provided on a global and integrated basis contribute to top quartile project delivery performance.

Requirements

• Engineering Degree and/or Certification as a Cost Estimator or equivalent experience
• Minimum 8 years industry experience including lead estimator positions.
• Excellent analytical, oral and written communication skills
• Fully versed with Cost Estimating principles, techniques and industry standard tools.
• Good understanding of all phases of the project delivery process.