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Cost Engineer

  • Houston, TX, US
  • May 18, 2023
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Cost Engineer

Houston, TX

Contract Position

Offshore experience/ Owner/Operator Background

During the execution phase, responsible for production of specific cost reports and updates in accordance with company procedures. Responsible for maintaining and updating the delivery team's work breakdown structure, control budget and allowances, cost forecast and submission of required cost reports and phasing inputs to the project master cost report. Responsible for control and verification of contractor forecasts, payment milestones, change orders, and MOC in accordance with Contractor's project controls plan. Must identify cost trends and corrective or preventative actions to influence on-budget delivery of the project. Develop various "what-if" analyses or delay scenarios to determine any potential impact on both cost and schedule.


  • Provide dedicated Project Cost Engineering support to the Delivery Team
  • WBS management
  • Commitment Reporting
  • Value of Work Done (VOWD) and Accruals
  • Time-phased, Estimate/Forecast to Complete (ETC)
  • Allowance Drawdown
  • Trending analysis
  • Change Management (Cost) analysis and review of the client MOC's
  • Provide regular (weekly / monthly) reports to central project Reporting Team
  • Implement reviews of EPC contractor's cost forecast, inclusive potential changes and approved changes for incorporation into FPU Delivery Team cost forecast
  • Review EPC contractor payment milestone / certificate submissions for accrual purposes and estimate time-phasing of remaining payment milestone achievements
  • Monitor and report on Woodside long lead equipment and associated payment milestones
  • Monitor and report on Woodside third party services contracts and associated cost forecasts
  • Work closely with FPU Delivery Team quantity surveyor and PC&P members, inclusive review of BOAQ's / Lump Sum Conversion of provisional sums
  • Participate in KPI development, incentive initiatives and focused performance assessments
  • Other duties or support as needed / requested by the central Project Lead Cost Engineer

Who we are

Founded in 2006, Energy Resourcing is a trusted partner with a range of innovative recruitment and managed services. We provide recruitment services globally and focus on identifying top technical talent for project staffing and contract terms, as well as permanent hires. Our team has earned a strong reputation in the industry with both clients and candidates alike by delivering high-quality services.

Our core beliefs and values reflect who we are as a company and how we advocate for our candidates and our clients:

  • we value Life
  • we Rise to the Challenge
  • we are Stronger Together
  • we Unlock Brilliance
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