The Role
Supports project cost estimating and control by developing cost estimates, maintaining estimating data, analyzing cost risk and contingency, preparing earned-value and performance reports, and identifying trends or deviations. The role collaborates with risk management, cost leads, consultants, and multidisciplinary project teams to establish realistic baselines, forecasts, benchmarks, and estimates at completion.
Summary Generated by Built In
JOB SUMMARY:
To support delivery and maintenance of standard, consistent and realistic cost estimates reflecting the assessed risk parameters for each project.
To support project cost control in relation to cost baseline.
KEY ACCOUNTABILITIES
Work with the Risk Management team to understand Cost Risk Models.
Develop understanding of Estimate Plan detailing how the estimate will be developed and be able to prepare one with guidance.
Have understanding of Basis of Estimate and be able to prepare one with guidance
Manage Estimating Data - Support process to collect actual cost performance, condition and normalize data for future use.
Support development of metrics and benchmarking information.
Support process to store Estimate files in a consistent, secure location.
Support Cost Lead/Consultant to Utilize Technical, Economical, Commercial, Organizational & Political (TECOP) profile to establish appropriate deterministic cost contingency.
Support development of “probabilistic cost analysis"
Support development of monthly cost reports showing Earned value, Cost performance index, Estimate at Completion, cost to go, etc
Support Analysis of trends that offer early warning of any deviations
Develop understanding of Estimate Plan detailing how the estimate will be developed and be able to prepare one with guidance.
Have understanding of Basis of Estimate and be able to prepare one with guidance
Manage Estimating Data - Support process to collect actual cost performance, condition and normalize data for future use.
Support development of metrics and benchmarking information.
Support process to store Estimate files in a consistent, secure location.
Support Cost Lead/Consultant to Utilize Technical, Economical, Commercial, Organizational & Political (TECOP) profile to establish appropriate deterministic cost contingency.
Support development of “probabilistic cost analysis"
Support development of monthly cost reports showing Earned value, Cost performance index, Estimate at Completion, cost to go, etc
Support Analysis of trends that offer early warning of any deviations
Requirements
QUALIFICATION AND EXPERIENCE:
• Bachelor’s degree in engineering, Quantity Surveying or any Physical sciences
• PC knowledge expected, Microsoft Widows suite of programs; MS Excel, MS Word, PowerPoint, etc.
• Previous experience in oil and gas company is an advantage.
• 3 – 5 years relevant experience
DESIRED ATTRIBUTES:
• Excellent analytical, oral and written communication skills
• Good understanding of all phases of the project delivery process.
• Should have people’s skill. The job requires interactions with various other disciplines
• A willingness to learn
Skills Required
- Bachelor’s degree in engineering, quantity surveying, or physical sciences
- Knowledge of Microsoft Windows, Excel, Word, and PowerPoint
- 3–5 years of relevant experience
- Previous experience in an oil and gas company
- Excellent analytical, oral, and written communication skills
- Good understanding of all phases of the project delivery process
- Ability to interact effectively with multiple disciplines
- Willingness to learn
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The Company
What We Do
AEWA is a Nigerian leading consulting firm that provides specialized workforce solutions for companies across a variety of industries within West Africa, offering services including recruitment, outsourcing, global HR, and training.
