Cost Engineer Lead

<p>The role is responsible providing cost management leadership; ensuring the integrity and effectiveness of cost management and management of change; continuously improving the cost management strategy, plans and procedures; and satisfying BP requirements and the expectations of customers.</p><p><b>What you will deliver</b></p><ul><li>Responsible to lead and handle day to day functioning of the Cost Engineers team in TSI for Site Projects portfolio</li><li>Identify key cost management expectations, reporting, performance management, and cost management plans in setting up integrated delivery models with contractors from TSI</li><li>Be responsible for the technical cost management onboarding for new team members in the cost team</li><li>Help find opportunities for Cost discipline improvements and lead standardisation initiatives</li><li>Support the global controls vision and lead key cost discipline initiatives for TSI</li><li>This role is encouraged to be a working lead, supporting delivery of global cost management activities as required, includes but not limited to:</li><li>Support the preparation and implementation of the work breakdown structure (WBS); ensuring understanding of the broader scope across all project stages.</li><li>Support the set-up of appropriate control budgets from the project estimate and schedule, ensuring full understanding of estimate basis, scope, schedule, contracting strategy and execution plannings.</li><li>Support the overall organizational change (trending and MoC) process; ensuring it is rigorously applied to all changes and that impacts are fully assessed and incorporated into project cost forecasts, project plans and budgets.</li><li>Ensure that data collected from project teams and contractors (progress, changes, and risks) is used to underpin the cost forecast assumptions, phasing and control budgets.</li><li>Support the cost related communication plans, interfaces and the reporting system that provides the leadership team and partners with timely analysis and insights for all work scope.</li><li>Closely monitor cost performance against realistic targets to ensure that objectives and key performance indicators are met.</li><li>Helping in identify risks and cost reduction opportunities and uncertainties.</li><li>Prepare final cost reports and financial closeout documentation, reconciliations, and reports</li><li>Adhere to the principles outlined in the project controls governing documents.</li><li>Supports project cost control training to non-practitioners</li><li>Performs assurances in accordance with the projects common process</li><li>Supports the evaluation of projects against internal and external metrics and benchmarks to demonstrate the competitiveness of the project</li><li>Supports project FEL assessments</li></ul><p><br /></p><img src="https://www.jobg8.com/Tracking.aspx?KtuheYUdMWU9WuJrKLueW2HAIOEGieE%2bp" width="0" height="0" />