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Cost & Planning Engineer - Oil & Gas / EPC Projects
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)
- Cost & Schedule Integration
- Contract & Change Management
- Risk & Variance Analysis
- Primavera P6 / MS Project
- 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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