Lead Cost Engineer
Skills
About This Role
Extraordinary Teams Building Inspiring Projects
Since 1898, we have helped customers complete more than 25,000 projects in 160 countries on all seven continents that have created jobs, grown economies, improved the resiliency of the world's infrastructure, increased access to energy, resources, and vital services, and made the world a safer, cleaner place.
Differentiated by the quality of our people and our relentless drive to deliver the most successful outcomes, we align our capabilities to our customers' objectives to create a lasting positive impact.
We serve the Infrastructure; Nuclear, Security & Environmental; Energy; Mining & Metals, and the Manufacturing and Technology markets.
Our services span from initial planning and investment, through start-up and operations.
Core to Bechtel is our Vision, Values and Commitments .
They are what we believe, what customers can expect, and how we deliver.
Learn more about our extraordinary teams building inspiring projects in our Impact Report .
Project Overview
Expo 2030 Riyadh is a global platform where countries, organizations, and individuals will come together to collaborate.
Under the theme “Foresight for Tomorrow,” the Expo promotes sustainable development, innovation, and transformative thinking.
The event will be held from October 2030 to March 2031 and is expected to welcome over 40 million visits.
The 6 km² Masterplan outlines a comprehensive framework for participation and infrastructure at the Expo.
The exhibition space, totaling 491,100 m² GFA, can accommodate up to 197 participating countries and 29 international organizations.
Working collaboratively with our customer, Expo 2030 Riyadh Company (ERC), Bechtel will manage the infrastructure program which comprises early works, utilities, and publicly accessible spaces like streets and parks.
Our scope on the six-square-kilometer site will transition into a mixed-use legacy development to serve the community after the six-month event is over.
The project’s master plan leverages international sustainability standards for urban afforestation, treated water, and energy sources.
Job Summary
Supervises cost estimating, analysis and control activities.
Supports project organizational and administrative activities.
Responsible for cost engineering, cost estimating, and cost analysis/control activities.
Demonstrated skill in identifying, analyzing, and providing innovative solutions to cost engineering problems.
Provides generally non-routine cost engineering guidance to projects.
Ensures work is completed as scheduled.
Identifies cost trends for management attention.
May review invoices for correct collection of revenue.
Job Dimensions
- Supervision Received Reports to and receives technical guidance and operational supervision from designated supervisory personnel.
- Supervision Exercised Provides technical and operational direction to assigned personnel. Continuing contacts with Project Manager, project team members, and working and supervisory level personnel of other departments
Major Responsibilities
- 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. Interfaces with designated Bechtel management and client counterparts for specific cost presentations.
- Prepares and presents cost engineering information to management/client.
- 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.
- Supervises the collection, verification, and integration of work scope for all entities into a total project plan.
- Performs productivity analysis of Construction operations and verifies results.
- Establishes productivity basis to be utilized in estimates, as developed with the concurrence of Construction.
- Reviews labor estimates for reasonableness. 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, including segregation of cost according to level of confidence and identification of areas of risk.
- Provides input to the development, maintenance and update of the Project Trend and Change Control Program.
- Supports the deployment of all essential tools to properly manage change control on the project.
- Plans, organizes, and supervises project cost budgets.
- Supervises the development, maintenance and update of the project cost and commitment (CoCo) dashboard and ensures that timely updates are provided to project management.
- Performs contingency analyses and works closely with the project Risk Management to reconcile project trend register and the project risk register.
- Develop contingency drawdown / release curves, as requested by project management.
- Performs estimating /cost engineering duties related to Bechtel services on the project i.e. job hours reporting, services cost reports, revenue and gross margin calculations, and the preparation of the Project Financials Status Report (PFSR).
- Supervises cost recording, monitoring, and reporting practices for compliance with applicable standards, accuracy and consistency.
- Conducts personnel performance reviews when delegated. Interviews candidates and makes recommendations for employment decisions.
Education And Experience Requirements
- Requires bachelor's degree (or international equivalent) plus minimum of 17 years of relevant experience.
- The Lead Cost Engineer will be a key member of the project team and will report to the Project Controls Manager.
- Have previous Project Controls project experience within KSA or the wider Middle East and across a broad range of infrastructure projects.
- Show knowledge of engineering and construction management customarily acquired over time through specialized instruction or practical experience.
- Show a working knowledge of change management; and Have experience of knowledge transfer and the development of local employees.
Required Knowledge And Skills
- Experience in performing, monitoring, and reviewing cost engineering functions, including cost estimating, cost control, financial reporting systems, and cost analysis, in the field and the home office.
- Statistical knowledge in the areas of sampling distributions, probability, and hypothesis testing. Knowledge in supervision, personnel administration, and training of technical and non-technical personnel.
- Demonstrated ability to plan, organize, direct, perform, review, and present cost engineering and cost estimating products.
- This includes planning and scheduling products independently with minimal supervision using a high level of professional judgment and knowledge related to technical planning and scheduling skills and engineering design and construction practices.
- Skilled in oral and written communication. Advanced level of knowledge of engineering, procurement, contracts, construction, and startup work processes, as performed by Bechtel.
- Knowledge of engineering and construction management customarily acquired over time through specialized instruction or practical experience.
Total Rewards/Benefits
For decades, Bechtel has worked to inspire the next generation of employees and beyond!
Because our teams face some of the world's toughest challenges, we offer robust benefits to ensure our people thrive.
Whether it is advancing careers, delivering programs to enhance our culture, or providing time to recharge, Bechtel has the benefits to build a legacy of sustainable growth.
Learn more at Bechtel Total Rewards
Diverse Teams Build The Extraordinary
As a global company, Bechtel has long been home to a vibrant multitude of nationalities, cultures, ethnicities, and life experiences.
This diversity has made us a more trusted partner, more effective problem solvers and innovators, and a more attractive destination for leading talent.
We are committed to being a company where every colleague feels that they belong-where colleagues feel part of "One Team," respected and rewarded for what they bring, supported in pursuing their goals, invested in our values and purpose, and treated equitably.
Click here to learn more about the people who power our legacy.
Bechtel is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity and expression, age, national origin, disability, citizenship status (except as authorized by law), protected veteran status, genetic information, and any other characteristic protected by federal, state or local law. Applicants with a disability, who require a reasonable accommodation for any part of the application or hiring process, may e-mail their request to
acesstmt@bechtel.com
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