Selangor, Malaysia

Job Family Group:

Projects

Worker Type:

Regular

Posting Start Date:

January 8, 2025

Business unit:

Experience Level:

Early Careers

Job Description:

Role Overview:

• Translate project scope into estimates of capital and operational expenditure across project phases (Identify, Assess, Select, Define, Execute).

• Estimate costs for engineering, procurement, construction, implementation, commissioning, and start-up.

• Calculate project risk contingency using deterministic and probabilistic methods.

• Account for market movements and owner's costs.

Key Responsibilities:

• Develop methods to derive quantities from design parameters.

• Assist project teams with scenario comparisons, uncertainty analysis, and cost sensitivities.

• Review and assure cost estimates, benchmark against historical performance, industry norms, and KPIs.

• Assess project scope and develop estimates (Type 0 to Type 4).

• Align planning and cost deliverables with Planning & Cost Engineers.

• Organize Estimate Kick Offs and Review meetings.

• Develop and document Estimate Plans and Bases.

• Collect actual cost performance data, develop metrics, and benchmark information.

• Create benchmarking packages to validate estimates.

• Establish deterministic cost contingency using TECOP profile.

• Support deterministic cost model and probabilistic cost analysis development.

• Provide presentations and dashboards to project teams.

• Update SharePoint with estimates and benchmark data.

• Ensure detailed project cost estimates (Type 4) are accurate and incorporate actual costs.

Required Skills:

• Engineering Degree and/or Certification as a Cost Estimator or equivalent experience.

• 5-10 years of experience in cost estimating positions in the Oil & Gas industry.

• Proficiency in Cost Estimating Tools and Methodologies, ASPEN TECH, and cost risk analysis.

• Strong analytical, communication, and teamwork skills.

• Advanced MS Excel skills and proficiency with MS Office suite.

Preferred Skills:

• Experience with ASPEN TECH, CCET, and Electrical Projects or petrochemicals plant turnarounds.

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