Project Cost Control Engineer @ Onstream Group

Onstream Group - With more than three decades of global industry experience, the company is now structured as a group of business units, each with its own specialisations. Through these units, the Group can provide tailored services to address the needs of our clients worldwide in the most effective and competitive manner.
The Onstream Group constantly searches for new solutions for our clients, adapting to current needs and changing industry trends, staying competitive globally and gaining market share.

We are recruiting to fill the position below:

Job Title: Project Cost Control Engineer 

Location: Bonny Island, Bonny, Rivers

Job Description
  • Manage the Cost: Management of cost related activities achieved by collecting, analyzing, evaluating, and reporting cost information used for budgeting, estimating, forecasting, and monitoring costs activities which are performed on a baseline of scope, cost, schedule and quality.
  • Set-up Cost Baseline and Management Framework: Issue projects Cost Management requirements for Contractors Invitation To Tender (ITT) e.g. WBS/BoQ formats to ensure control of work scope and associated budget,analysis and reporting by physical hardware or by functional activity, selective and/or hierarchical reporting and exchange of schedule information for an element of work between systems for cost phasing.
  • Implement Cost Control/Management Processes: Ensure that projects sanctioned on an initial baseline cost estimate have been converted into the Work Breakdown Structure for cost control by carrying out budget redistribution along the CBS/WBS/OBS in SAP and in line with DRB approval. 
  • Change and Contingency Management: Ensure that all changes made to a project’s baseline cost are identified, evaluated, approved, rejected or deferred.
  • Project Status Reporting: Develop project report contents and formats consistent with plan and in consultation with major project stakeholders to ensure all valid reporting requirements are met. Contribute to and manage the compilation and approval/issue of project cost reports.
Job Requirements
  • Education : B.Sc. in Engineering/Quantity Surveying. Membership of any relevant professional body will be an added advantage.
  • Experience : Minimum of 5-7 years post graduation experience, 4 of which should have been in projects in an oil or gas industry.
  • Provide cost advice based on sound knowledge and application of contract law / conditions of contract for contractual claims management.
  • Implement all assigned project excellence initiatives to address all legacy issues to ensure continuous improvements within the Project Delivery Units.
Application Closing Date
Not Specified.
How to Apply
Interested and qualified candidates should:
Note: When the page opens, click on "Project Cost Control Engineer "
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