Engineer Cost Estimation

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Whats the role

As a Projects Portfolio Cost Estimator your role is to develop accurate cost estimates for capital and operational expenditures across all project phases. Youll translate project scope into detailed estimates incorporating risk-based contingencies using deterministic and probabilistic methods. Key tasks include scenario analysis benchmarking estimate reviews and alignment with planning teams. Youll manage estimate documentation support data collection for future benchmarking and provide assurance on detailed estimates using actual costs and construction data. The role also involves presenting insights maintaining estimate records and driving continuous improvement in cost estimation practices.

What youll be doing

• The Projects Portfolio Cost Estimator scope involves the translation of Project scope into the estimate of capital and operational expenditure cost during the project phases (Identify Assess Select Define and Execute). The estimates completed by the cost estimator not only cover the costs associated with the engineering procurement construction implementation commissioning and start-up but also address the translation of the project risk profile into cost contingency via deterministic and probabilistic methods the potential effect of market movements over the project timescale and the complete suite of Owners Costs that Shell will experience.

• Formulate methodologies for deriving quantities from design parameters.

• Support project teams on scenario comparisons uncertainty analysis and sensitivities on cost estimates reflecting analysis of project risks.

• Support reviews and assurance of cost estimates. Benchmark against historical performance industry norms and established KPIs.

• Assess prospect scope and develop consistent estimates ranging from Type 0 to Type 4.

• Work with Planning & Cost Engineers to ensure alignment between planning and cost deliverables.

• Arrange Estimate Kick Offs and Estimate Review meetings with the stakeholders.

• Develop Estimate Plan detailing how the estimate will be developed.

• Develop Estimate Basis to document how estimate was developed.

• Support process to collect actual cost performance condition and normalise data for future use develop metrics and benchmarking information.

• Develop benchmarking packages at appropriate level to check estimate results from top down versus both internal and external comparable data. Work with IPA forms and reports to understand comparison of Shell projects to industry datasets.

• Utilise Technical Economical Commercial Organisational & Political (TECOP) profile to establish appropriate deterministic cost contingency.

• Support development of deterministic cost model and probabilistic cost analysis.

• Support project teams with presentations dashboards.

• Update SharePoint with Estimates Benchmark data and relevant data for future reference.

• Provide assurance and challenge as needed on detailed project cost estimates (Type 4). Incorporate project actual costs to date and detailed MTOs from IFC (Issue For Construction) design packages matched with detailed pricing and construction unit hours to establish remaining project costs.

• Perform uncertainty analysis and sensitivities on cost estimates reflecting analysis of project risks. Utilize appropriate deterministic or probabilistic risk assessment tools to develop the appropriate cost contingencies.

What you bring

• Bachelors degree in Engineering and/or Certification as a Cost Estimator or equivalent experience.

• Minimum 2 -10 years of experience in cost estimating positions in the Oil & Gas industry (operating refinery or petrochemicals plants preferred) on small capital projects portfolios.

• Fully versed with Cost Estimating Tools and Methodologies.

• Well versed with ASPEN TECH estimating tool

• Experience in cost risk analysis preferably with both deterministic and probabilistic methods.

• Experience in sourcing and using benchmark data

• Excellent analytical oral and written communication skills

• Team player and self-motivated.

• Advance skill level in MS Excel.

• Fully versed with MS Office suite of software (Word Powerpoint and Outlook)

• Preferred experience in following tools: ASPEN TECH CCET.

• Preferred experience in Electrical Projects or petrochemicals plant turnarounds.

What we offer

You bring your skills and experience to Shell and in return you work with talented committed people on one of the most important challenges facing our planet. Youll have the opportunity to develop the skills you need to grow in an environment where we value honesty integrity and respect for one another. Youll be able to balance your priorities as you become the best version of yourself.

• Progress as a person as we work on the energy transition together.

• Continuously grow the transferable skills you need to get ahead.

• Work at the forefront of technology trends and practices.

• Collaborate with experienced colleagues with unique expertise.

• Achieve your balance in a values-led culture that encourages you to be the best version of yourself.

• Join an organisation working to become one of the most diverse and inclusive in the world. We strongly encourage applicants of all genders ages ethnicities cultures abilities sexual orientation and life experiences to apply.

• Grow as you progress through diverse career opportunities in national and

• international teams.

• Gain access to a wide range of training and development programmes.

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An Inclusive & Progressive Place to Work

• To power progress together we need to attract and develop the brightest minds and make sure every voice is heard. Here are just some of the ways were nurturing an inclusive environment one where you can express your ideas extend your skills and reach your potential.

• Were creating a space where people with disabilities can excel through transparent recruitment process workplace adjustments and ongoing support in their roles. Feel free to let us know about your circumstances when you apply and well take it from there.

• Were closing the gender gap whether thats through action on equal pay or by enabling more women to reach senior roles in engineering and technology.

• Were striving to be a pioneer of an inclusive and diverse workplace promoting equality for employees regardless of sexual orientation or gender identity.

Shell in India

Shell is a diversified energy company in India with 13000 employees and presence in Integrated Gas Downstream Power Renewable and Upstream. Additionally we have deep capabilities in R&D digitalisation and business operations.

Our global strategy Powering Progress is designed to generate value for our shareholders customers and the wider society and focuses on creating more value with less emissions. The strategy supports our purpose of providing more and cleaner energy solutions with the aim of profitably transforming Shell into a net-zero emissions energy business by 2050. As India moves towards its target of net-zero emissions by 2070 Shell India aims to play a leading role in securing vital energy for today while investing in and helping to build the energy system of the future through strategic investments in the country.

Our Lubricants business serves over 50000 consumers through a strong network of over 200 distributors and operates an end-to-end value chain that spans conceptualization development and production at a world-class blending plant at Taloja. Through our 350-plus retail stations we offer an integrated mobility experience including fuels cafes and convenience stores with a prominent network of EV recharging facilities.

Shell owns and operates a LNG re-gasification terminal at Hazira Surat with a capacity of 5 MTPA and a LNG truck-loading unit that plays a crucial role in helping meet Indias growing demand for gas across 2022 Shell acquired Sprng Energy in a $1.55 billion deal to build an integrated energy transition business in the country. Sprng is a leading renewable energy company in India which develops and manages solar wind and hybrid power generation facilities and infrastructure.

Our three capability centres across Bangalore and Chennai serve as a technology and innovation powerhouse for Shell globally working as a delivery engine for core technical digital and finance processes: pioneering digital innovation and cutting-edge technologies across the energy sector. We also have strong academic partnerships and collaborations with leading universities and technology institutes to accelerate decarbonization efforts within the energy sector.

We are committed to positively contributing to the communities in which we operate through programmes on STEM Education Skilling and Livelihood across India. We nurture and invest in startups developing initiatives focused on accelerating energy innovation through programs such as Shell E4 and Shell Eco-marathon. We also have strategic investments in new energy companies such as Husk Power Orb Energy and Cleantech Solar.

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