Senior Cost Estimator at Shell Petroleum Development Company (SPDC)

Shell Petroleum Development Company (SPDC) is the pioneer and leader of the petroleum industry in Nigeria. We invest heavily in our employees, which is reflected in our industry-leading development programme and our commitment to see our employees’ ideas travel and come to fruition.

We are recruiting to fill the position below:

Job Title: Senior Cost Estimator

Reference ID: R94674
Location: Port Harcourt, Rivers
Experience Level:  Experienced Professionals

What’s the Role?

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

Accountablities
Accountabilities are the following:

• Methodologies and tools for Cost Estimates- Utilize cost methodologies and tools to produce cost estimates 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 0-2) 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.
• 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 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.
• Perform probabilistic cost risk analysis.

What We Need From You?

• Engineering or Quantity Surveying Degree and/or Certification as a Cost Estimator or equivalent experience.
• Minimum of 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.
• Experience in Oil and Gas industry is preferred but not a must.

Application Closing Date
Not Specified.