Senior Performance Engineer

2 weeks ago

Aberdeen, Aberdeen City, United Kingdom oilandgas Full time

The preparation and reporting of project cost budgets, and the tracking, management and reporting of project expenditure to enable robust control of projects throughout their lifecycle.

Responsible for the development of project budgets, the tracking of actual and forecasted costs and the generation of cost reports, ensuring they are prepared to the required level of detail and accuracy and accordance with contractual requirements and Wood policies, procedures and standards.

Supports in the management and development of the Cost team, the management of project budgets, actual and forecast costs, and the preparation and filing of project cost documentation.

May act as the focal point for several project scopes. Review and maintain Project Work Breakdown Structure (WBS) and Cost Breakdown Structure (CBS) for TAR and Outage cost control
Liaise with other Project Controls disciplines and functions, assist and support in the development of project budgets in accordance with the Basis of Estimate including statements of work scope, assumptions, man-hour estimates, narratives, and review & comment of client documents
Liaise with Planning discipline to ensure accurate and timely control and forecasting of budgets and ensure that the impact of all change requests is properly assessed and included in the schedules

Liaise with procurement, finance, and time-capture functions, and third parties as required, to ensure accurate and timely capture of procurement, materials, subcontract and labour manhour costs.

Ensure costs are allocated accurately in accordance with approved project WBS
Liaise with engineering, procurement and construction functions, and others as required, to maintain awareness of project activities and their impact on the project budget, schedule, and cost forecast
Manage the project / assignment work approval process in terms of accurate cost code allocation and initial budget set-up and approvals
Review and maintain project cost budgets using appropriate software applications
Monitor and control cost commitments and expenditures through all phases of project lifecycle
Liaise with project management, project planning, and others as required to ensure accuracy in project cost phasing and forecasting
Provide copies of project cost performance reports in accordance with project reporting requirements
Review and issue updates to project cost forecasts
Monitor and report on cost impact of project manpower forecasts
Coordinate development, review, and issue of project change orders / variations in accordance with engineering and construction change notifications
Monitor and review cost impact of achievement / non-achievement of major project milestones
Monitor and review overall project cost performance and contingency drawdown
Attend project / client periodic meetings and present project cost performance status as required
Facilitate / chair internal project cost performance meetings as required
Facilitate the project cost close-out process
Participate in cost & estimate risk analysis sessions as required
Participate and lead Project Controls Compliance and Continuous Improvement Reviews
Play an active role in the mentoring and career development of Cost personnel
Delegate and manage the work of subordinate project controls staff as required
Monitor and review overall project cost performance and contingency drawdown.
Original and current budgets correspond to approved estimates plus approved scope changes through the project life cycle
Projects are reported accurately and with sufficient detail
Project issues are highlighted in a timely manner
Project reports are issued in accordance with the contract reporting calendar
Typically requires ISCED level 6 (Bachelors) Degree in a relevant technical or business discipline (or equivalent gained through relevant vocational training and/or industry experience)
Excellent knowledge of cost software and related principles, tools and techniques including budgeting, forecasting and cash-flow
Excellent knowledge of Project Execution Procedures for Cost Management including Change Management
Excellent understanding of WBS & CBS structures and project reporting capabilities
Advanced ability to develop project cost budgets and change estimates
Strong understanding of earned value application, cost and schedule variance analyses/trending and what-if scenarios
Excellent understanding of project management principles and techniques
Strong understanding of Cost Management, Change Control, Planning & Risk Analysis & Management

Demonstrates commitment to Wood Values, Visions & Behaviours
Demonstrates effective organization & planning skills

Wood is a global leader in consulting and engineering, helping to unlock solutions to critical challenges in energy and materials markets.

We provide consulting, projects and operations solutions in 60 countries, employing around 35,000 people.
Diversity Statement

All suitably qualified applicants will receive consideration for employment on the basis of objective criteria and without regard to the following (which is a non-exhaustive list): race, colour, age, religion, gender, national origin, disability, sexual orientation, gender identity, protected veteran status, or other characteristics in accordance with the relevant governing laws.

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