Cost & Planning Engineer - Oil & Gas / EPC Projects
Skills
About This Role
Overview
- Cost & Planning Engineer – Oil & Gas / EPC Projects
- **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**
• Cost Estimation, Budgeting & Forecasting
- **Earned Value Management (EVM)**
• Advanced Excel & Reporting Dashboards
- **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).
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