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NES Fircroft

Planning & Cost Engineer

NES Fircroft

  • Port-of-Spain
  • See description
  • Contract
  • Updated 01/02/2024
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The Planning & Cost Engineer (“PCE”) works closely with the Project Manager and plays a critical role in the successful execution of the project by integrating planning and cost control activities.

Accountabilities and Responsibilities:

Key roles and responsibilities are as follows:

1. Develop comprehensive project plans, outlining the sequence of activities, milestones, and critical path analysis

2. Collaborate with the project manager, project team and other stakeholders to define the project scope, objectives, and

deliverables.

3. Develop and maintain a master project schedule that incorporates all project activities.

4. Implement scheduling techniques such as Critical Path Method (CPM) and schedule crashing to optimise project timelines

5. Monitor and update project schedule regularly to illustrate progress, delays and changes to project team and

stakeholders.

6. Manage and assign deliverables to the project scheduler

7. Collaborate with project teams to ensure that project milestones and deadlines are met

8. Develop appropriate cost estimates for all project elements including materials, equipment, manpower, overheads and

include contingencies and allowances for unforeseen circumstances of future adjustments

9. Collaborate with various internal and external stakeholders to obtain cost data and ensure estimates match project

activity requirements.

10. Develop detailed project budgets based on cost estimates and project activity requirements

11. Monitor project expenditures against the approved budget and identify variances

12. Implement cost control measures to manage and reduce project costs as applicable

13. Implement Earned Value Management (EVM) techniques to assess project performance against the budget and schedule

14. Analyse earned value metrics to forecast future project costs and completion dates

15. Collaborate with project team to identify and assess potential risks and uncertainties

16. Support with the development of risk mitigation strategies and include risk allowances into project schedules and

budgets

17. Support with the management of changes to project scope, schedule, and budgets through a formal change control

process

18. Analyse the impact of changes and communicate adjustments to the Project Manager and other stakeholder

19. Work with the Project Manager and project team to allocate resources efficiently ensuring that resource utilisation aligns

with project requirements and timelines

20. Generate regular reports on project progress, costs and schedule performance and communicate key project metrics

and issues to the Project Manager and other stakeholder

21. Collaborate with QA/QC project team members to integrate quality control measure not project schedules and budgets

22. Monitor and report on the quality performance of the project

23. Collaborate with the C&P team and contract managers to ensure that contract terms and conditions are reflected in

project schedules and budgets

24. Manage contract change orders and associated cost impacts

25. Collaborate with other project team members performing project control functions to ensure overall project control

effectiveness

26. Participate in project closeout activities including final cost data and assessing project performance

27. Work with the Project Manager in development of the project closeout report

28. Support with the preparation and facilitation of lessons learned workshops and reports

29. Identify opportunities for process improvement in project monitoring and control processes

30. Implement best practices and lessons learned from previous projects.

Qualifications & Experience:

  • · Bachelor’s Degree in Mechanical, Civil or Chemical Engineering, or any other related qualifications
  • · Minimum of fifteen (15) years of experience with oil and gas projects particularly drilling and construction related projects
  • · Knowledge of the energy/oil and gas sector as well as project monitoring and controls including planning, scheduling,cost reporting, and risk management
  • · Knowledge of contract management and administration
  • · An acceptable combination of academic qualifications and work experience may be considered in lieu of minimum requirements.

Ref: PCE
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NES Fircroft

NES Fircroft

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