Engineer- Cost Estimation

, India

Job Family Group:

Projects

Worker Type:

Regular

Posting Start Date:

November 12, 2024

Business unit:

Projects and Technology

Experience Level:

Early Careers

Job Description:

Where you fit in
The new SEAM organization integrates Safety, Environment & Asset Management activities, with a broad geographical footprint, that will support Shell’s business & assets around the world.

The vision of SEAM is to provide capability across the spectrum of Safety, Environment and Asset Management with:

• shaping the future ways of working through introducing to the business new technology and news way of working, including e.g. digital, SBO, and real-time, data-driven, end-to-end optimization and risk management, but also global programmes like Human Performance Based Safety Philosophy.
• providing performance feedback driving disciplined execution to deliver reliable, predictable results
• helping the businesses build their improvement plans and provide support to execute them
• sustaining performance through strong core capabilities (internal, including SBO & contingent) through building expertise and a company-wide consistent approach

What's the role
 

The purpose of the role is to support the Businesses (UP/DS/IGNE/PT/GF) to deliver Shell’s Goal Zero (No Harm & No Leaks) ambition, by providing accurate and quality assured safety performance data It is also about driving a cultural change around reporting by empowering the business to understand what lies behind the data, and by supporting their own team to become trusted business partners who can hold up the mirror and challenge.

You will be expected to play a key role in driving change to optimize the reporting systems and processes and providing the performance data and insights required to support the Goal Zero journey. 

• The Projects Portfolio Cost Estimator scope involves the translation of Project scope into the estimate of capital and operational expenditure cost during the project phases (Identify, Assess, Select, Define and Execute). The estimates completed by the cost estimator not only cover the costs associated with the engineering, procurement, construction, implementation commissioning and start-up but also address the translation of the project risk profile into cost contingency via deterministic and probabilistic methods, the potential effect of market movements over the project timescale, and the complete suite of “Owners Costs” that Shell will experience.
• Formulate methodologies for deriving quantities from design parameters.
• Support project teams on scenario comparisons, uncertainty analysis and sensitivities on cost estimates, reflecting analysis of project risks.
• Support reviews and assurance of cost estimates. Benchmark against historical performance, industry norms and established KPIs.
• Assess prospect scope and develop consistent estimates ranging from Type 0 to Type 4.
• Work with Planning & Cost Engineers to ensure alignment between planning and cost deliverables.
• Arrange Estimate Kick Offs and Estimate Review meetings with the stakeholders.
• Develop Estimate Plan detailing how the estimate will be developed.
• Develop Estimate Basis to document how estimate was developed.
• Support process to collect actual cost performance, condition and normalise data for future use, develop metrics and benchmarking information.
• Develop benchmarking packages at appropriate level to check estimate results from top down versus both internal and external comparable data. Work with IPA forms and reports to understand comparison of Shell projects to industry datasets.
• Utilise Technical, Economical, Commercial, Organisational & Political (TECOP) profile to establish appropriate deterministic cost contingency.
• Support development of deterministic cost model and probabilistic cost analysis.
• Support project teams with presentations, dashboards.
• Update SharePoint with Estimates, Benchmark data and relevant data for future reference.
• Provide assurance and challenge, as needed, on detailed project cost estimates (Type 4). Incorporate project actual costs to date and detailed MTOs from IFC (Issue For Construction) design packages matched with detailed pricing and construction unit hours to establish remaining project costs.
• Perform uncertainty analysis and sensitivities on cost estimates, reflecting analysis of project risks. Utilize appropriate deterministic or probabilistic risk assessment tools to develop the appropriate cost contingencies.

What we need from you

• Engineering Degree and/or Certification as a Cost Estimator or equivalent experience.
• Minimum 5-10 years of experience in cost estimating positions in the Oil & Gas industry (operating refinery or petrochemicals plants preferred) on small capital projects portfolios.
• Fully versed with Cost Estimating Tools and Methodologies.
• Well versed with ASPEN TECH estimating tool
• Experience in cost risk analysis, preferably with both deterministic and probabilistic methods.
• Experience in sourcing and using benchmark data
• Excellent analytical, oral and written communication skills
• Team player and self-motivated.
• Advance skill level in MS Excel.
• Fully versed with MS Office suite of software (Word, Powerpoint and Outlook)
• Preferred experience in following tools: ASPEN TECH , CCET.
• Preferred experience in Electrical Projects or petrochemicals plant turnarounds.

-

DISCLAIMER:

Please note: We occasionally amend or withdraw Shell jobs and reserve the right to do so at any time, including prior to the advertised closing date. Before applying, you are advised to read our data protection policy. This policy describes the processing that may be associated with your personal data and informs you that your personal data may be transferred to Shell/Shell Group companies around the world. The Shell Group and its approved recruitment consultants will never ask you for a fee to process or consider your application for a career with Shell. Anyone who demands such a fee is not an authorised Shell representative and you are strongly advised to refuse any such demand. Shell is an Equal Opportunity Employer.