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Senior Cost Control and Estimate Engineer in AE, Abu Dhabi, United Arab Emirates

Wood is currently bidding for a strategic project with ADNOC and would be looking on successful award to recruit a Senior Cost Control and Cost Estimate Engineer with extensive experience in the petrochemical and oil and gas industry. 

This role is for a period of 9 months and based in Abu Dhabi, UAE.

  • Supervise and coordinate the daily activities of assigned cost control and cost estimate staff
  • Ensures effective cost control / estimate procedures and processes are developed and implemented on the project for the accurate reporting of cost commitments, expenditures, VOWD, and estimates at completion
  • Ensure that effective project change management is implemented and that approved changes are input to the control systems on a timely basis and that changes, trends and forecasts reflect the project scope
  • Identification of Project Risks and Opportunities, ascertain risk exposure and contingency management
  • Assist in the preparation of the final project close-out report and asset register
  • Prepare and review preparation of project cost control / estimate reports and documentation
  • Maintain all project forecasts and payment schedules
  • Assist in the development of cost control / estimate procedures
  • Develop and implement project cost / estimate code structure (WBS and CBS)
  • Monitor variances from the current budget and assist all project members with the control, formulation and interpretation of budgets, trends, and estimates at completion
  • Ensure and assist in the preparation of the required weekly and monthly work hour and cost status reports
  • Maintain comprehensive, accurate variation order files, logs, and documents
  • Interface with various project departments regarding cost reporting requirements and ensure that information is correctly and efficiently submitted
  • Supervise project cost control / estimate in the overall completion of the required project cost functions
  • Serve as focal point for maintenance of cost control / estimate software application
  • Interface with project accounting to ensure that invoicing and costs are as planned
  • Provide variance analysis and recommend corrective actions for deviations from plan or budget
  • Reviews Cost Estimation, Budgeting, Cost Monitoring and Control, Forecasting and Reporting requirements for execution of ADNOC Major Projects establishing strategies and priorities
  • Implements the Management Reporting System for Project Cost related information
  • Ensures that ADNOC procedures for Cost Estimation, Budgeting, Cost Monitoring / Control and Reporting are approved and implemented
  • Reviews / Participates in the preparation of Operating Budget / 5-year Business Plans
  • Prepares / reviews the basis of Cost Estimation / Cost Breakdown Structure (CBS) in the Tender Documents
  • Review and comment on the cost estimates prepared by PMC / Contractors during Conceptual / FEED / EPC phases
  • Participates in the Contracts commercial evaluation process
  • Reviews PMC / Contractors Cost Estimation Procedure and guidelines
  • Prepares / Reviews the in-house Project Cost Estimates Establishes and implements Projects Statistical Database for Benchmarking and reference
  • Reviews PMC Monthly Cost Report for ADNOC Projects
  • Participates in preparation of Project Monthly Progress Report to Management
  • Identifies potential Cost Risk events, evaluates any Cost Impact due to schedule delays
  • Reviews Contractor Change Orders Requests (COR) Facilitates PMT in analysis of Contractor claims and issuance of Change Orders
  • Reviews the Contract Close-out Reports and Performance Evaluation Reports


Skills / Qualifications

  • Bachelors degree in Engineering or QS
  • Good experience in Project Cost Control and cost estimation and reporting protocols for all contracts / agreement types for major capital projects with minimum 12 years relevant experience within the oil and gas / petrochemical industry
  • Knowledge of special application software packages
  • Fluent in English (read, write, speak)
  • Experience in both cost control and cost estimate is a MUST


Company Overview

Wood is a global leader in the delivery of project, engineering and technical services to energy and industrial markets. We operate in more than 60 countries, employing around 60,000 people, with revenues of over $10 billion.  We provide performance-driven solutions throughout the asset life cycle, from concept to decommissioning across a broad range of industrial markets, including the upstream, midstream and downstream oil & gas, power & process, environment and infrastructure, clean energy, mining, nuclear, and general industrial sectors.  <web address removed>  



Diversity Statement

We are an equal opportunity employer that recognises the value of a diverse workforce. All suitably qualified applicants will receive consideration for employment on the basis of objective criteria and without regard to the following (which is a non-exhaustive list): race, colour, age, religion, gender, national origin, disability, sexual orientation, gender identity, protected veteran status, or other characteristics in accordance with the relevant governing laws.

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