BENGALURU · FULLTIME
Cost Engineer
Chevron Corporation
Bengaluru · onsite · Posted 4d ago
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Undisclosed5–10 yrsfulltimeBengaluru
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Section · 01
About this role
Job Summary
Key Responsibilities
About You
Requirements
Key Skills
Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.
The Cost Engineer is part of the Engineering Services organization within the Chevron ENGINE Center and is responsible for performing cost management activities on a capital project or portfolios of upstream and downstream projects. This includes cost estimation, budget development, cost tracking, and financial reporting to ensure projects are completed within budget and financial targets are met.
Chevron ENGINE supports global operations, and work hours are aligned to business needs. Standard working hours are 8:00 AM to 5:00 PM or 1:30 PM to 10:30 PM, Monday to Friday. These may evolve based on operational or business requirements.
Key Responsibilities
- Participate in developing Work Breakdown Structures (WBS) and Cost Breakdown Structures as the basis for project budgeting, cost controls, planning, scheduling, and forecasting.
- Assist in the development of project controls plans, cost estimates, and schedules as required by the Chevron Cost Engineering Handbook and Capital Projects Management System (CPMS).
- Support the development of documentation for project funding appropriation and business planning.
- Configure, maintain, and administer cost control systems; ensure interfaces with accounting and procurement systems are accurate.
- Track project progress, earned value, and deviations, and provide project performance analysis.
- Develop monthly project cost and schedule status reports.
- Implement Cost Management of Change (CMOC) process and procedures.
- Manage and control project changes for approved budgets. Ensure changes are incorporated into project cost forecasts and schedules.
- Support and participate in cost and schedule assurance process and risk management process.
- Evaluate contingency through risk analysis to establish appropriate contingency drawdown strategy.
- Perform lookbacks to ensure continuous improvement.
About You
We know our greatest resource is the ingenuity, creativity and innovation of our people. Applications from motivated, talented individuals with a keen interest in the energy industry are encouraged.
Requirements
To be considered for this role, applicants should have:
- Bachelor's degree (B.E./B.Tech) in Engineering, Construction Management, or related field from a recognized (AICTE) university.
- This position requires a cost engineer who can perform project controls activities, including cost estimating, planning, scheduling, project control and/or project reporting.
- Candidate must be a proactive, process-driven, and detail-oriented individual who can work with people and be able to recognize potential issues and propose solutions.
- 5+ years of Cost Engineering experience (estimating, scheduling, cost control, management of change, progress measurement and assessment, forecasting).
- General understanding of capital project execution and project management systems.
- Broad knowledge of industry, cost engineering trends and best practices, as well as planning and scheduling.
Key Skills
- Cost Engineering
- Cost Estimating
- Project Controls
- Planning
- Scheduling
- Budgeting
- Change Management
- Earned Value
- Risk Management
Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.
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Section · 02
Skills
energy industryConstruction ManagementBusiness Requirementscost engineeringDownstreamControl SystemsconstructionDigital SolutionsBusiness PlanningEmerging TechnologiesFinancial ReportingEquityBudgetingAccounting
Section · Company
About Chevron
Chevron Corporation
Oil & Gas
1.2k+
employees
1879
147 years old
Houston, Texas
United States
₹28.8L PA avg
Avg at Chevron
About
Harnessing India's engineering and technology talent.Leveraging global resources to help meet today’s energy demands and develop tomorrow’s lower carbon solutions.Introducing Chevron ENGINE – Engineering and Innovation Excellence Center. Chevron ENGINE in Bengaluru, India, brings together global expertise and local talent to drive innovation and tackle today’s energy challenges. We offer top-tier talent the opportunity to apply their expertise and collaborate on global projects to help lead the future of energy.Join us at Chevron ENGINE, where creativity meets opportunity and help us shape the future of energy.Anti-Scam Alert: Please be aware of recruitment frauds. Chevron does not request payment for job applications or offers; all official job offer communications will come from verified @chevron.com accounts.
Industries
Oil & GasOil / Gas / Petro ChemicalsPower
Employee ratings
10 reviews
3.9/ 5
Culture
4.2
Career growth
3.7
Work-life
4.1
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