Construction Cost Engineer - Electrical and Instrumentation at WTS Energy

Job Roles and Responsibilities:

• Cost Estimation and Budgeting:
  • Develop and refine project cost estimates for maintenance, installation, and construction activities within the crude refining project.
  • Analyze    and    break    down    project    scope    into    cost elements, considering materials, labor, equipment, and overhead costs. o Prepare detailed cost breakdowns for bids, proposals, and internal decision-making. o Update and adjust cost estimates throughout the project based on changes, variations, and actual progress.
• Cost Control and Monitoring:
  • Implement and monitor cost control measures to ensure project stays within budget. o Track actual costs against estimates and budgets, identifying cost deviations and variances. o Perform variance analysis to understand the reasons for cost discrepancies and recommend corrective actions. o Prepare cost reports and forecasts for project management and stakeholders.
• Subcontractor and Vendor Management:
  • Develop and evaluate bidding documents for subcontractor and vendor procurement. o Analyze bids, negotiate prices, and finalize contracts for services and materials.
  • Monitor    subcontractor    performance    against    contracts    and budgets, addressing any issues promptly. o Manage and process invoice payments to subcontractors and vendors.
• Project Scheduling and Planning:
  • Integrate cost data into project schedules, ensuring alignment with budgetary constraints.
  • Analyze potential cost implications of schedule changes and delays. o Participate in project planning and risk assessment, providing costrelated insights.
• Reporting and Communication:
  • Prepare clear and concise cost reports for management and stakeholders.
  • Present cost-related findings and recommendations effectively in meetings and discussions. o Maintain accurate and up-to-date cost records and documentation.

Qualifications and Experience:

• Bachelor’s degree in Engineering, Construction Management, Quantity Surveying, or a related field.
• Minimum of 10 years of experience in construction cost estimating and control, preferably in oil and gas or crude refining projects.
• Strong understanding of cost estimation methodologies, cost control techniques, and project budgeting principles.
• Experience with relevant cost estimating software and planning tools.
• Excellent analytical, problem-solving, and communication skills.
• Ability to work independently and as part of a team in a fast-paced environment.
• Proficiency in data analysis and report writing.

Additional Desirable Skills:

• Knowledge of crude refining processes and construction methods.
• Experience with risk management and cost forecasting techniques.
• Strong negotiation and vendor management skills.
• Understanding of construction contracts and procurement procedures.
• Leadership and teamwork skills.