Roles & Responsibilities
Produce cost estimates (using cost estimating tools and methodologies) for major and complex projects particularly in the deep offshore environment, inclusive of engineering, procurement, construction, commissioning and start-
up scope and costs. Incorporate project complexity factors into cost estimates reflecting key parameters such as project objectives, scope and execution plan.
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 down to Type-
3 levels. Identify areas of uncertainty and apply appropriate allowances. Obtain credible data for estimating in-Country Scope elements.
Formulate and validate methodologies for deriving quantities from design parameters. Perform scenario comparisons and uncertainty analyses and sensitivities on cost estimates, reflecting analysis of project risks.
Develop Estimate Plan detailing how the estimate will be developed and Estimate Basis to document how estimate was developed.
Comply with Company’s Life Saving Rules and all relevant HSSE Rules and Regulations, Business Ethics, Compliance and Anti-
Bribery & Corruption (ABC) rules.
Comply with Project Services standards, guides and Project Services management manual.
Provide strategic analyses and normalisation of the large amount of bidder’s assumptions / qualifications impacting risk profile and costs to accomplish bid evaluation for various EPCs.
Support the evaluation of high complexity and multiple EPC contracts of high values and thereby establish a fully risked and assured Level 3 cost estimate for GIP.
Develop detailed project cost forecasts to Type-4. Incorporate project actuals and detailed MTOs matched with detailed pricing and construction unit hours for to-go costs
Manage estimating data by establishing a process to collect actual cost performance, condition and normalise data for future use,
Develop metrics and benchmarking information. Establish process to store estimate files in a consistent, secure location.
Benchmark estimates by developing benchmarking packages at appropriate level to check estimate results from top down using both internal and external comparable data.
Work with IPA forms and reports to understand comparison of Company projects to industry datasets.
Utilise Technical, Economical, Commercial, Organisational & Political (TECOP) profile to establish appropriate deterministic cost contingency.
Perform role of a subject matter expert within the Company global Project Management Services community.
Contribute to professional development of less experienced professionals through coaching and training in estimating tools and techniques.
Establish consistency between the Level 3 Schedule and Type 3 Cost Estimate throughout Front End Engineering Design for a successful Final Investment Decision (FID).
Work in collaboration with other project Technical Leadership Team (TLT) members and the Business Opportunity Manager (BOM) as well as Company internal stakeholders, EPC contractors and other vendors as and when needed.
Consistently engage Technical Authorities (TA) and ensure the cost estimate is fully assured (TA approved) and incorporate best practices / lesson learned from similar complex projects.
Assess the impact of Management of Change (MOCs) proposals and identify alternate approaches to optimise plans.
Understand local content risks and incorporate any impacts to the cost estimates.
Assess productivity norms and benchmarking cost data for in-country project activities and other global locations.