Lead Cost Engineer

1 month ago


Duqm Al Wusta Oman AMEC Foster Wheeler Full time
Wood is currently looking for a Lead Cost Engineer to join our team in Duqm, Oman.

This is a rotational job and the duration of the role is till Aug/Sep 2023.

Job Responsibilities

+ Review and understand all relevant documentation pertaining to the project including scope of services, conditions of contract, project execution plan, project schedule etc.

+ Work within standard project cost engineering procedures. Ensure that these procedures fulfil client requirement and develop additional project specific procedures where necessary

+ Assist the Manager, cost with appraisals of Cost Engineers assigned to the project as appropriate Liaise with Client Project Control personnel as necessary

+ Prepare man-hour, material quantity and cost budgets from the cost estimate, and update them on approval of contract changes and budget transfers

+ Disseminate budget information to all operating groups, providing clarification and additional information where necessary and ascertaining commitment to budgets as the cost target

+ Instill cost awareness in the project in the project organization such that capital costs are controlled and changes to work scope are identified and quantified

+ Obtain from operating groups, the latest information pertinent to cost analysis and ensuring its accuracy and completeness. Attending meetings concerning cost matters

+ Maintain a comprehensive material and construction quantity control and reporting system to include the current status of budget, material take off and forecast quantities

+ Liaise with Project Planning Engineer on analysis of project status. Reviewing the impact of cost and schedule changes

+ Identify and analyze deviations and trends against the budgets. Investigating such deviations with the relevant group and advising Project Manager / Project Control Manager of issues requiring corrective action

+ Review overall project status and forecasts with Project Manager / Project Control Manager as required

+ Prepare and issue Cost Action Reports to Manager, cost as required

+ Prepare Contract Profit Reports and associated back up for review with both Project Manager / Project Control Manager and Manager, Cost

+ Prepare monthly man-hour backlog report for review with Project Manager / Project Control Manager

+ Ensure reconciliation on a quarterly basis between project cost reports and Accounting Department cost and billing information

+ Prepare final project statistics and advise on effectiveness of procedures and systems for possible developments on future projects

+ Minimum fifteen years' experience in major oil / gas refinery / petrochemical projects in the capacity of lead cost engineer with engineering contractor / PMC organization

+ A degree in quantity surveying, engineering or similar diploma

+ Must have experience in chemical, hydrocarbon, petrochemical or industrial plant developments using EPC contracts

+ Must have advanced Excel skills, as well as, have experience using cost estimation and risk analysis software

+ Must have thorough understanding of project execution process and can interpret contract terms, conditions and specifications

+ Must be familiar with total cost management techniques and cost engineering

+ Member of RICS, Cost Engineers or AACE would be desirable

Wood is a global leader in engineering and consultancy across energy and the built environment, helping to unlock solutions to some of the world's most critical challenges. We provide consulting, projects and operations solutions in more than 60 countries, employing around 40,000 people.

We are an equal opportunity employer that recognises the value of a diverse workforce. All suitably qualified applicants will receive consideration for employment on the basis of objective criteria and without regard to the following (which is a non-exhaustive list): race, colour, age, religion, gender, national origin, disability, sexual orientation, gender identity, protected veteran status, or other characteristics in accordance with the relevant governing laws.

Requisition ID:

Name: Fixed Term

External Company Name: Wood Plc

External Company URL:



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