Cost Engineer

• About the position Chevron ENGINE has an exciting opportunity for a Cost Engineer to join the projects & engineering team
• Reporting to the Cost Engineering Lead , this role will be based in Chevron s office in Bengaluru
• Chevron ENGINE supports global operations, and work hours are aligned to business needs
• Standard working hours are 8:00 AM to 5:00 PM or 1:30 PM to 10:30 PM, Monday to Friday
• These may evolve based on operational or business requirements

Key responsibilities

• The Cost Engineer is part of the Engineering Services organization within the Chevron ENGINE Center and is responsible for performing cost management activities on a capital project or portfolios of upstream and downstream projects
• This includes cost estimation, budget development, cost tracking, and financial reporting to ensure projects are completed within budget and financial targets are met
• Participate in developing Work Breakdown Structures (WBS) and Cost Breakdown Structures as the basis for project budgeting, cost controls, planning, scheduling, and forecasting
• Assist in the development of project controls plans, cost estimates, and schedules as required by the Chevron Cost Engineering Handbook and Capital Projects Management System (CPMS)
• Support the development of documentation for project funding appropriation and business planning
• Configure, maintain, and administer cost control systems; ensure interfaces with accounting and procurement systems are accurate
• Track project progress, earned value, and deviations, and provide project performance analysis
• Develop monthly project cost and schedule status reports
• Implement Cost Management of Change (CMOC) process and procedures
• Manage and control project changes for approved budgets
• Ensure changes are incorporated into project cost forecasts and schedules
• Support and participate in cost and schedule assurance process and risk management process
• Evaluate contingency through risk analysis to establish appropriate contingency drawdown strategy
• Perform lookbacks to ensure continuous improvement

About you

• We know our greatest resource is the ingenuity, creativity and innovation of our people
• Applications from motivated, talented individuals with a keen interest in the energy industry are encouraged
• To be considered for this role, applicants should have: Bachelor s degree in mechanical, chemical or materials engineering (BE/BTech) from a deemed/recognized (AICTE) university
• Minimum 5-10 years of cross-functional experience in a refinery or complex process facility Demonstrated technical experience in this discipline will be highly regarded Reliability Engineering or Asset integrity experience in a complex process facility is preferred Knowledge of refinery and LNG process technologies will be highly regarded is preferred Cost Engineering experience (estimating, scheduling, cost control, management of change, progress measurement and assessment, forecasting) General understanding of capital project execution and project management systems
• Broad knowledge of industry, cost engineering trends and best practices, as well as planning and scheduling