FPU Cost Engineer

Posted 12 March 2024
Salary Negotiable
Job type Contract
DisciplineOil and Gas Recruitment
Contact NameKevin Kinzie

Job description

Accountable for cost engineering duties as a member of the FPO delivery team. During the execution phase, responsible for production of FPU specific cost reports and updates in accordance with company procedures. Responsible for maintaining and updating the delivery team's work breakdown structure, control budget and allowances, cost forecast and submission of required cost reports and phasing inputs to the project master cost report. Responsible for control and verification of FPU EPC contractor forecasts, payment milestones, change orders, and MOC in accordance with Contractor's project controls plan. Must identify cost trends and corrective or preventative actions to influence on-budget delivery of the FPO. Develop various "what-if' analyses or delay scenarios to determine any potential impact on both cost and schedule.

Note, this position is initially based in Houston at the FPU EPC engineering contractor's office during the Design phase and will be expected to follow the work to Asia for the subsequent Construction phase.

Key Responsibilities:
* Provide dedicated Project Cost Engineering support to the FPU Delivery Team, inclusive:
WBS management
Commitment Reporting
Value of Work Done (VOWD) and Accruals Time-phased, Estimate/Forecast to Complete (ETC)
o Allowance Drawdown
o Trending analysis
Change Management (Cost) analysis and review of MOC's
* Provide regular (weekly / monthly) reports to central project Reporting Team
* Implement reviews of EPC contractor's cost forecast, inclusive potential changes and approved changes for incorporation into FPU Delivery Team cost forecast
* Review EPC contractor payment milestone / certificate submissions for accrual purposes and estimate time-phasing of remaining payment milestone achievements
* Monitor and report on project long lead equipment and associated payment milestones
* Monitor and report on third party services contracts and associated cost forecasts
* Work closely with FPU Delivery Team quantity surveyor and PC&P members, inclusive review of BOAQ's / Lump Sum Conversion of provisional sums
* Participate in KPI development, incentive initiatives and focused performance assessments
* Other duties or support as needed / requested by the central Project Lead Cost Engineer

Our role in supporting diversity and inclusion
As an international workforce business, we are committed to sourcing personnel that reflects the diversity and values of our client base but also that of Orion Group. We welcome the wide range of experiences and viewpoints that potential workers bring to our business and our clients, including those based on nationality, gender, culture, educational and professional backgrounds, race, ethnicity, sexual orientation, gender identity and expression, disability, and age differences, job classification and religion. In our inclusive workplace, regardless of your employment status as staff or contract, everyone is assured the right of equitable, fair and respectful treatment.