Portfolio Capital Projects Cost Engineering Lead

2 weeks ago


Cyberjaya, Selangor, Malaysia Information & Technology Management Full time

**Role Overview:**

We are looking for a highly motivated and experienced Portfolio Capital Projects Cost Engineering Lead to join our team in Information & Technology Management. The successful candidate will be responsible for supporting the delivery of consistent and appropriate cost management structures/tools/processes for portfolio of small capital projects throughout all phases.

About You:

  • You will have a strong background in cost engineering/cost controls and experience working with project control systems, tools, and practices specifically in the Oil & Gas industry.
  • You will possess excellent leadership, communication, report-writing, and presentation skills, as well as proficiency in software applications such as SAP/GSAP, Excel, Ecosys, and PowerBI.

Key Responsibilities:

  • Develop and implement CBS (Cost Breakdown Structure) for Capital Projects portfolio, estimate breakdown, and WBS (as applicable).
  • Create GSAP Networks in correct WBS for PO generation based on IPA standards, networks close-out, PO status report generation (from GSAP and BP and TRACK), BP/GSAP Cost reports generation (monthly exercise).
  • Implement Cost Control Processes: embed and maintain Shell and Contractor processes; commitment capture, VOWD (Value of Work Done), Cost forecasting/phasing and Earned Value Management consistent with Shell procedures, variance analysis.
  • Monitor work hour consumption and associated cost of Contractor activities against contractual targets to identify potential deviations and take corrective actions.
  • Deliver accurate/high-quality monthly Estimate Forecasts for Projects.
  • Assist in Change/Trend and Contingency Management: ensure that changes/trends are reflected in regular cost forecast updates, prepare forecasts and review with budget holders.
  • Assist in Cost Reporting: generate accurate monthly cost reports, including variances from plan on commitment, value of work done, management of changes, and currency fluctuations against approved Authorities For Expenditure (AFEs).
  • Participate and comply with all safety programs.
  • Assist with continuous improvement and implementation of standardized work processes for effective cost control.


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