Job Information
Shell Engineer- Cost Estimation in Chennai, India
Where you fit in
The new SEAM organization integrates Safety, Environment & Asset Management activities, with a broad geographical footprint, that will support Shell’s business & assets around the world.
The vision of SEAM is to provide capability across the spectrum of Safety, Environment and Asset Management with:
shaping the future ways of working through introducing to the business new technology and news way of working, including e.g. digital, SBO, and real-time, data-driven, end-to-end optimization and risk management, but also global programmes like Human Performance Based Safety Philosophy.
providing performance feedback driving disciplined execution to deliver reliable, predictable results
helping the businesses build their improvement plans and provide support to execute them
sustaining performance through strong core capabilities (internal, including SBO & contingent) through building expertise and a company-wide consistent approach
What's the role
The purpose of the role is to support the Businesses (UP/DS/IGNE/PT/GF) to deliver Shell’s Goal Zero (No Harm & No Leaks) ambition, by providing accurate and quality assured safety performance data It is also about driving a cultural change around reporting by empowering the business to understand what lies behind the data, and by supporting their own team to become trusted business partners who can hold up the mirror and challenge.
You will be expected to play a key role in driving change to optimize the reporting systems and processes and providing the performance data and insights required to support the Goal Zero journey.
The Projects Portfolio Cost Estimator scope involves the translation of Project scope into the estimate of capital and operational expenditure cost during the project phases (Identify, Assess, Select, Define and Execute). The estimates completed by the cost estimator not only cover the costs associated with the engineering, procurement, construction, implementation commissioning and start-up but also address the translation of the project risk profile into cost contingency via deterministic and probabilistic methods, the potential effect of market movements over the project timescale, and the complete suite of “Owners Costs” that Shell will experience.
Formulate methodologies for deriving quantities from design parameters.
Support project teams on scenario comparisons, uncertainty analysis and sensitivities on cost estimates, reflecting analysis of project risks.
Support reviews and assurance of cost estimates. Benchmark against historical performance, industry norms and established KPIs.
Assess prospect scope and develop consistent estimates ranging from Type 0 to Type 4.
Work with Planning & Cost Engineers to ensure alignment between planning and cost deliverables.
Arrange Estimate Kick Offs and Estimate Review meetings with the stakeholders.
Develop Estimate Plan detailing how the estimate will be developed.
Develop Estimate Basis to document how estimate was developed.
Support process to collect actual cost performance, condition and normalise data for future use, develop metrics and benchmarking information.
Develop benchmarking packages at appropriate level to check estimate results from top down versus both internal and external comparable data. Work with IPA forms and reports to understand comparison of Shell projects to industry datasets.
Utilise Technical, Economical, Commercial, Organisational & Political (TECOP) profile to establish appropriate deterministic cost contingency.
Support development of deterministic cost model and probabilistic cost analysis.
Support project teams with presentations, dashboards.
Update SharePoint with Estimates, Benchmark data and relevant data for future reference.
Provide assurance and challenge, as needed, on detailed project cost estimates (Type 4). Incorporate project actual costs to date and detailed MTOs from IFC (Issue For Construction) design packages matched with detailed pricing and construction unit hours to establish remaining project costs.
Perform uncertainty analysis and sensitivities on cost estimates, reflecting analysis of project risks. Utilize appropriate deterministic or probabilistic risk assessment tools to develop the appropriate cost contingencies.
What we need from you
Engineering Degree and/or Certification as a Cost Estimator or equivalent experience.
Minimum 5-10 years of experience in cost estimating positions in the Oil & Gas industry (operating refinery or petrochemicals plants preferred) on small capital projects portfolios.
Fully versed with Cost Estimating Tools and Methodologies.
Well versed with ASPEN TECH estimating tool
Experience in cost risk analysis, preferably with both deterministic and probabilistic methods.
Experience in sourcing and using benchmark data
Excellent analytical, oral and written communication skills
Team player and self-motivated.
Advance skill level in MS Excel.
Fully versed with MS Office suite of software (Word, Powerpoint and Outlook)
Preferred experience in following tools: ASPEN TECH , CCET.
Preferred experience in Electrical Projects or petrochemicals plant turnarounds.