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><strong>What you will deliver </strong> </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>