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Project Cost Analyst

Oscar Associates Limited
Updated: Dec 3 2012
Desired Expertise: Budget / Cost Control
Experience: 8+ years
Minimum Education: Bachelors/3-5 yr Degree
Location: Houston, TX, US
Reference Code: SS 20730239
Job Status: Closed - No longer accepting applications
Work Authorization: North America
Job Description:

Project Cost Analyst

Project Cost Analyst Engineering Estimate Control Business Management Onshore Offshore

Development projects position in Cost Engineering targeting individuals who are looking to gain onshore and/or offshore exposure and grow as a project management professional with an Oil and Gas industry Operator. The incumbent will be expected to initiate project plans, develop project cost estimates, risk the estimate, implement project progress measurement systems, report overall project progress and maintain a proven process for managing cost changes.


  • Prepare plans and cost estimates for project study and execution phases
  • Integrate cost estimates from multiple sources - contractors, vendors, etc. - to build the overall project estimate
  • Conduct cost range analyses, including facilitating sessions
  • Maximize use of common tools and systems to foster continuous improvement
  • Liaise with project team members to ensure that all project facets are addressed in estimates in conformance to Petroleum and Corporate standards
  • Manage capital cost updates, regularly using expertise in core planning, scheduling and cost engineering disciplines developed from knowledge, training and experience
  • Assess project cost performance based on earned value and forecasts
  • Track cost contingency utilization
  • Integrate schedule info into the cost forecast
  • Compile monthly reports
  • Provide cost benchmarks as necessary to validate estimates
  • Gravitate to becoming SME for Cost Engineering within the business
  • Attributes
  • Works independently on problems of increasing complexity, able to make recommendations on project direction and scope
  • Effectively communicates results of work and is receptive to other ideas
  • Proactive - seizes opportunities. Comfortable in challenging ideas and willingness to align with team consensus
  • Meets stated deadlines with high quality, accurate results
  • Facilitates collaboration within and between teams
  • Comfortable with uncertainty and with making timely decisions
  • Fosters open dialog and is comfortable sharing his/her opinion
  • Works well with minimum direction when leading process improvement initiatives
  • Quickly grasps different concepts and is seen as someone who applies knowledge creatively and intelligently to solve problems
  • Broadens within own discipline to undertake more complex tasks, and proactively seeks training and experience-broadening opportunities to build a more detailed knowledge of the function and the Division
  • Works well within teams, solving problems by using own experience-set and outside resources
  • Plans and carries out projects or tasks with minimal supervision and provides regular, meaningful verbal and documented reports to Function Manager and/or Team Lead


  • Undergraduate degree in engineering, construction, business or finance.
  • Professional qualifications in Cost Engineering and/or Project Management highly desirable
  • Thorough knowledge of project cost control software tools, a plus
  • Minimum of 8 years experience executing capital projects, minimum 5 of which are directly related to cost estimating, control, analysis and/or project business management, preferably in the Oil and Gas industry.
  • Good experience in project execution in all phases of projects, from inception through project close out

Project Cost Analyst Engineering Estimate Control Business Management Onshore Offshore

This Position Is Closed to New Applicants

This position is no longer open for new applications. Either the position has expired or was removed because it was filled. However, there are thousands of other great jobs to be found on Rigzone.

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