Cost & Planning Engineer - Oil & Gas / EPC Projects

Overview

Key Responsibilities

• Develop and maintain integrated project cost and schedule control systems for EPC and Oil & Gas projects from initiation to close-out.
• Prepare project budgets, cost forecasts, and variance analyses, ensuring alignment with project scope, schedule, and contractual requirements.
• Monitor project progress using Earned Value Management (EVM) techniques to track cost and schedule performance.
• Review and validate contractor invoices, variations, and claims, ensuring compliance with contract terms and approved budgets.
• Develop and maintain Cost Breakdown Structures (CBS) and support Work Breakdown Structures (WBS) for effective cost and planning control.
• Support project planning activities, including schedule development, baseline preparation, and progress monitoring using industry-standard tools (e.g., Primavera P6).
• Identify cost risks, trends, and potential overruns, and recommend mitigation strategies to maintain project financial health.
• Coordinate with engineering, procurement, construction, and project management teams to ensure accurate cost and schedule integration across EPC phases.
• Prepare monthly project control reports and dashboards, providing clear visibility of cost performance, forecasts, and key project metrics to management.
• Ensure compliance with company cost control procedures, project controls standards, and Oil & Gas industry best practices.

Key Skills & Competencies

• Project Controls in Oil & Gas and EPC Projects

Experience Requirements

• 8–12 years of experience in Cost Control, Planning, or Project Controls roles.
• Proven experience in Oil & Gas, EPC, or large infrastructure projects is strongly preferred.
• Familiarity with full EPC project lifecycle (Engineering, Procurement, Construction).