Project Cost Estimator

Deer Park , Texas, United States

Job Reference 1192958

Location Deer Park , Texas, United States

Industry Oil & Gas - Downstream

Function Budget / Cost Control

Job Type Contract

Date Added August 21, 2023

Our client, a major Oil and Gas company, is looking for a Cost Estimator to work on a 1-2 years contract in Deer Park, TX.

Purpose
Deliver and maintain standard, consistent and realistic cost estimates reflecting the assessed risk parameters for each project.


Responsibilities:

 
  • Utilize cost methodologies and tools to produce cost estimates inclusive of engineering, procurement, construction, commissioning and start-up scope and costs
  • Hands on Experience with ACCE (ASPEN Capital Cost Estimating) software
  • 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
  • Facilitate and support reviews and assurance of cost estimates
  • Benchmark against historical performance, industry norms and established internal KPIs
  • Assess prospect scope and main components to develop consistent "building block" estimates
  • 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
  • Support development of detailed project cost forecasts (Type-4)
  • Incorporation of project actuals to date and detailed MTOs matched with detailed pricing and construction unit hours for to-go costs
  • Develop Estimate Basis to document how estimate was developed
  • Support collection of actual cost performance, condition and normalize data for future use to develop metrics and benchmarking information

Special Challenges
  • Maintain and promote realism in each cost estimates in the face of commercial pressure and optimism from project teams.
  • Maintain consistency in cost bases through rigorous adherence to the controls processes
  • Drive and raise the awareness of the importance of developing the cost estimates according guidelines set forth by the controls procedures in place.

Required Experience Qualification
  • Engineering Degree or equivalent experience
  • Minimum 5-10 years industry experience especially in downstream manufacturing 
  • Excellent analytical, oral and written communication skills.
  • Good understanding of all phases of the project delivery process.
  • Working experience with Aspen software (ACCE)
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