Senior Cost Engineer

at  Bechtel

JOB SUMMARY:

In this role you will supervise cost estimating, analysis, and control activities as well as supporting project organizational and administrative activities. You will be responsible for cost engineering, cost estimating, and cost analysis/control activities for the project, with significant non-routine requirements; or discipline/project/proposal estimating or staff planning activities which require a high degree of technical skill and experience.

EDUCATION AND EXPERIENCE REQUIREMENTS:

• Bachelor’s Degree from an accredited university and a minimum of 5 years of related work experience, 9 years of related experience is required in lieu of degree.

REQUIRED KNOWLEDGE AND SKILLS:

• Experience in performing, monitoring, and reviewing cost engineering functions, which include cost estimating, cost control, and cost analysis, in the field and/or the home office.
• Knowledge in the use of computers for executing work processes.
• Statistical knowledge in the areas of sampling, distributions, probability, and hypothesis testing for metrics.
• Knowledge of supervision, personnel administration, and training of technical and nontechnical personnel.
• Knowledge of financial reporting systems and controller account codes, and an understanding of Controller instructions, which impact Project Controls (including Project Financial Status Reports and Earned Revenue Determination Data).
• Intermediate level of knowledge of engineering, procurement, contracts, construction, and startup work processes
• Knowledge of engineering and construction management customarily acquired over time through specialized instruction or practical experience.

• Provides comments and recommendations for cost engineering requirements relative to staffing and project control. Prepares detailed staffing plans for cost engineering activities.
• Reviews proposal provisions related to cost engineering and material control and develops supporting data for contract negotiations. Participates in establishing pricing structures to be applied to quantities for estimates. Obtains vendor information to update the cost data file. Applies material unit rates to quantities. Maintains cost data files
• Participates in developing and presenting training classes on designated subjects and on-the- job training for specific processes and practices.
• Supervises the timely preparation of cost estimates. Prepares and analyses comparisons of scope, quantities, and cost data between the projects. Performs productivity analysis of Construction operations and verifies results.
• Reviews project work activities to ensure support of project milestones. Coordinates and establishes scoping requirements for the overall cost estimate by discipline or other specialty, and coordinates the timely, systematic, and complete acquisition of scope definition and related data.
• Coordinates pricing structure or criteria to be used by each discipline or specialty to meet the objectives of the cost estimate. Establishes format and content of summaries and reconciliations.
• Prepares or reviews distributable and/or contractors’ indirect cost estimates, developing basis for temporary facilities, miscellaneous construction services, construction tools and equipment, nonmanual manpower, startup services, payroll taxes and insurance, camp facilities and operation, and other field office costs. Researches and develops or reviews tax estimates, including federal, state, and local tax issues. Assists in developing or develops foreign currency and exchange rate estimates.
• Participates in discussions with vendors.
• Plans, organizes, and supervises project cost budgets.
• Defines project needs for cost control in accordance with established Bechtel and client contractual requirements, objectives, and procedures. Supervises the timely performance of cost control activities. Reviews and critiques design and specifications for cost effectiveness and suggests alternatives when appropriate. Prepares cost trend estimates in support of project cost trend programs.
• Supervises cost recording, monitoring, and reporting practices for compliance with applicable standards accuracy and consistency.
• Supervises investigating requirements for cost control data for specific discipline or other specialty applications. Identifies needs for cost analysis support for the project and recommends development or modification of cost engineering data standards. Supervises performance of cost analysis activities within the project.
• Coordinates information input into specific studies. Responsible for integration of activities and total work scope identification. Evaluates study results and recommends conclusions for project team consideration and discussion.
• Develops unit job hour and pricing data for a specific discipline or other specialty, including estimating parameters, factors indices, productivity, and craft distribution reference data, etc., based on analysis of Bechtel and industry experience. Performs data analysis, identifies problems, and makes recommendations.
• Creates and implements measurement systems for given processes, analyses performance metric results, and identifies improvements. Ability to use statistical tools to analyse metrics (e.g., regression, analysis of variance, correlation), and ability to analyse measurement systems to identify bias, repeatability, and stability issues.
• Prepares and presents cost engineering information to management/client.