Project Cost Consultant

4 weeks ago

Aberdeen, United Kingdom EnQuest Full time

Annan House

Contractor - Ltd Co

Overview

EnQuest are engaging with a Limited Company contractor to provide Project Cost Consultancy.

The contract duration will be until 31/12/23 and is an approved role within the Decommissioning Organisation.

General Overview

Provision of Cost Consultancy services to EnQuest to support delivery of Projects as per the following with planned completion dates of 31/12/23;
Magnus 2023 Capex Project Portfolio

General Overview

Provision of Cost Consultancy services to EnQuest to support delivery of Projects as per the following with planned completion dates of 31/12/23;
- Magnus 2023 Capex Project Portfolio
- 2023 Subsea Projects
- Bressay Development Project

Specific Scope of Work
- Support to Project Cost Estimating as and when required.
- Responsible for the coordination and oversight of all cost management, cost reporting and cost analysis for ABEX Projects.
- Compile project budgets, support Corporate and Joint Venture budgeting requirements and prepare project financial approvals (AFE’s) as and when required
- Track, monitor and accurately report project commitments, value of work done (VOWD) and forecast costs
- Provide accurate monthly reporting and input into overall project and wider business reporting cycles.
- Duties will consist of recording of commitments within the appropriate Cost system and monitoring expenditure against the commitment, ensuring commitments and invoices are correctly coded, adequate funding is always in place and forecast costs are properly calculated and managed.
- Monitoring timewriting for Project Personnel, ensuring approved personnel are timewriting correctly and in a timeous manner, and monitoring/rejecting timewriting for non-approved personnel.
- Liaise with project personnel (including Site personnel) on cost related matters such as progress, milestones, variations on a contract by contract or well by well basis.
- The preparation of monthly Cost Reports, which includes the following;
- Ensure all Commitments and invoices have been recorded
- Ensure all timewriting has been recorded
- Ensure Value of Work is re-evaluated based on most current data.
- Interrogate data received from other team members.
- Re-forecast estimate to complete/Forecast Final Costs and identify any area of concerns such as budget overruns, work/delivery slippages etc. which may impinge upon other cost areas.
- Ensure Forecast expenditure phasing is aligned to current plan and also reflects data received from other discussions held with project team members.
- Conduct trending analysis and generate additional graphical reports when required.
- Take part in Project Monthly Performance reviews as required.
- Assist in preparation of AFE’s (Authority for Expenditure) as and when required.

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