| Job Location | Dammam, Saudi Arabia |
| Education | Bachelor's degree / higher diploma |
| Salary | Not Mentioned |
| Industry | Oil & Gas; Crude Petroleum & Gas Extraction; Petrochemicals & Refined Petroleum Products Manufacture |
| Functional Area | Not Mentioned |
Our client based in Saudi Arabia is looking for 10 Project Cost Engineers to join their team.Position Description:˙We are seeking an experienced Cost Engineer to join our Project Management team (PMT). Project Management Teams are directly responsible and accountable for the˙ delivery of best in class capital projects assigned to department. PMT is directly involved˙ in executing and managing assigned projects safely, on schedule, within budget and to the˙ highest standards of integrity and compliance. This will involve engineering design,˙ procurement and construction of various sizes, types and complexity of small, medium to˙ multi-billion dollar mega size projects.Duties & Responsibilities:˙? Provide cost analysis, controls and report activities for Capital and non-Capital˙projects.˙? Provide input and recommendations for cost engineering requirements relative to˙staffing, project controls, and preparing and analyzing comparisons of scope,˙quantities and cost data between the project forecasts and the budgets.˙? Organize, monitor and control project costs and will define project needs for cost˙control in accordance with contractual requirements, objectives, and Company˙procedures.˙? Ensure that all project commitments are accurately reported and will maintain˙updated final project forecasts and expenditure forecasts.˙? Proactively advise management when forecasted costs exceed the approved˙budget.˙? Use statistical tools to analyze costs metrics and perform risk analysis.˙? Analyze contractors cost reports and extract required data for management˙reporting.˙? Prepare and report cost engineering information on a monthly basis and additional˙ad-hoc reports as required by Management.? Provide all cost engineering expertise and coordinates activities as group/unit˙leader as required in preparation of cost portion of the engineering, procurement˙and construction contracts.˙? Collect, monitor, analyze and report all cost information through the Project˙Manager.˙? Review and analyze all claims and Change Orders on project contracts. ? Participate in the negotiation of project contracts as required.? Initiate appropriate action when total forecast indicates allocated funds will be˙exceeded.˙About us:˙Our high-performing employees are drawn by the challenging and rewarding professional,˙ technical and industrial opportunities we offer, and are remunerated accordingly.˙˙, our people work on truly world-scale projects, supported by investment in˙ capital and technology that is second to none. And because, as a global energy company,˙ we are faced with addressing some of the world?s biggest technical, logistical and˙ environmental challenges, we invest heavily in talent development.˙˙We have a proud history of educating and training our workforce over many decades.˙ Employees at all levels are encouraged to improve their sector-specific knowledge and competencies through our workforce development programs ? one of the largest in the˙ world.˙
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