
About the position:
The Estimating Analyst is part of the Cost Engineering team and provides cost estimating services and support to small capital projects and maintenance projects within the Chevron ENGINE Center, including the development of early phase cost estimating, participating through phase assurance activities, providing estimating consulting & assurance services, and supporting projects to identify risks and the development of probabilistic analytics.
Key responsibilities:
Review and analyze cost estimates, identifying variances, challenging the contractor's estimates.
Lead development of Project Cost Estimates and Basis of Estimate (BoE) in alignment with Chevron Project Management System (CPMS) standards and requirements, including but limited to, WBS, OBS, Project Schedules, Resource and Staffing Plan and integration with funding request documentation.
Lead development and maintenance of Estimate Plan for various phases of the project, in alignment with CPMS standards and requirements.
Coordinate and support Cost Estimates Assurance Review engagements, ensuring deliverables are comprehensive, accurate and aligned with Cost Engineering standards and project needs.
Perform cost estimate coordination and oversight of contractor cost estimates, ensuring cost estimates are: - Consistent, comprehensive and accurate.
Participate in cost and schedule risk assessment engagements, ensuring contingency is properly determined and incorporated in cost estimate and budgets.
Proactively support development of cost model in advance of the risk assessment engagements to ensure consistency and alignment with CPMS standards.
Ensure Project Cost Estimates and Basis of Estimate (BoE) are revised with revision control, based upon cost assumptions and any cost estimate changes.
Participate in developing Work Breakdown Structures (WBS) and Cost Breakdown Structures (CBS) as basis for project budgeting, cost control and forecasting.
Critically review and analyze productivity and resource estimates, identifying impacts on cost and schedule, challenging the contractor's estimates as needed.
Develop and implement procedures which tie estimates and budgets to appropriate project team members
Proactively support generation of quality cost estimating & budgeting reports and required documents for project Funding Appropriation and Business Planning.
Support Project Management of Change (MOC) processes and procedures.
Evaluate contingency to establish appropriate contingency drawdown strategy required to complete the project based on proper risk analysis.
Required Qualifications:
Demonstrated experience and knowledge of cost estimating tools, techniques, software/tools
Skilled application of estimating methodologies to various phases and project complexity to effectively assess project costs and risk and to assure estimates are realistic and predictable.
Preferred Qualifications:
5+ years of estimating support experience on small capital and maintenance projects within oil and gas processing facilities
Demonstrated ability to collect, organize and apply internal and external benchmarking data at various levels of granularity throughout a project lifecycle.
Experience facilitating through phase cost estimates assurance and risk assessment workshops to help ensure competitive and predictable outcomes
Chevron ENGINE supports global operations, supporting business requirements across the world. Accordingly, the work hours for employees will be aligned to support business requirements. The standard work week will be Monday to Friday. Working hours are 8:00am to 5:00pm or 1:30pm to 10:30pm.
Chevron participates in E-Verify in certain locations as required by law.
Bengaluru, Karnataka
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