The Principal Cost Estimating will lead a team focused on the provision of services to projects to influence the on-time and on-budget delivery of project objectives. This position will be responsible for Mega project international capital cost estimating, and working with various engineering and other professional service providers.
In this role you will:
• Provide capex cost estimating leadership, expertise, validation and governance • Verification or support of trends / change management through utilizing historical cost, schedule, hours, productivity, rates of placement and site specific factors • Review bid documents and estimate prepared by the EPCM or 3rd party service provider organizations for the bid scope to be in line with the original budget • Conduct contract bid analysis, change order analysis and contractor claim analysis by collaborating with engineering, contracts & procurement, scheduling and cost control functions • Collaborate across Project Controls function in order to provide senior management valuable insights to upcoming or emerging trends in terms of project scope, budget, forecast and escalation • Provide escalation forecasting through market analysis, professional indices, vendor discussions and bid returns • Document risks and uncertainties from the bid analyses and trends in terms of lessons learned and variances to original budget for use in the periodic cost and schedule range analysis models • Provide governance and assurance for a Class 1 Definitive Estimate and produce required deliverables (Estimate Plan, Basis of Estimate, Ranging Report, and Decision Evaluation Inputs) • Work with Operations and Production team to plan and estimate sustaining capital projects by engaging EPCM or 3rd party service provider organizations • Facilitate periodic quantitative cost and schedule range analysis by engaging all stakeholders throughout all stages of the range analysis process (planning, facilitation, modeling and reporting) - This includes the ability to lead 3rd party range analysis service provider if such services are contracted out • Proficient in range analysis tools (@Risk, Primavera Risk Analysis (PRA) and/or Safran) and able to translate and visually transform the quantitative data to insightful charts and tables • Support Execution Phase Reviews (EPRs) including assistance in terms of leading contingency sessions • At project completion, reconcile the original budget with actuals in terms of project scope, cost and schedule by WBS and/or contract and transfer the lessons learned to the projects database for supporting sound future project estimating and range analyses • Represent Project Services in the Life of Assets (LOA), 5 year planning and other Planning and Technical work • Participate in Jansen future stages’ study preparation work (Identification, Selection, and Definition Phase Studies) • Liaise with Decision Evaluation and provide all inputs as necessary to the ongoing project requirements • Represent Potash in Global BHP Estimating community to improve on estimating and range analysis practices, guidelines and procedures • When required, assist other BHP regions by acting as a Subject Matter Expert (SME) on estimating and range analysis disciplines
Required: • College Diploma or Bachelor’s degree in Engineering, Business or Project Management
Recommended: • Professional designations (CEP, CCP, PMI, P.Eng. etc.) • Proficient in software MS Office, estimating tools (Cleopatra, Candy etc.), range analysis tools (@Risk, PRA, Safran etc.)
Experienced in: • Monitoring and managing project performance to deliver projects in line with safety standards, requirements, budget and scope • Developing, predicting/forecasting and benchmarking project costs and estimates in line with industry standards, principles and practices • Defining project objectives/schedules, identifying critical activities, monitoring the project plan/schedule and driving continuous improvement initiatives across projects • Developing safe project delivery and contractor performance strategies to maximise portfolio value and enhance improvement and innovation • Identifying opportunities to optimise value, managing associated risks and applying Optimised With/Optimised Without framework principles to create and preserve maximum value from projects • Conducting presentations and facilitating workshops using storytelling to connect, influence and engage the audience • Planning and tracking the delivery of and managing a project to generate value and drive the achievement of project outcomes • Identifying, engaging and managing a range of diverse internal and external stakeholders • Sourcing information, planning and conducting analyses to support evidence-based decision making • Applying an understanding of the business context, operating model and ways of working to enhance decision making, productivity and value chain performance • Designing and implementing governance/assurance practices and Management of Change procedures to control value outcomes • Applying and evaluating change management tools, methods, data, purpose, value and strategic direction • Planning, structuring and developing technical reports that are clear to both technical and non-technical audiences to deliver clear conclusions and recommendations • Knowing customers and being obsessed with meeting their needs • Engaging the capabilities of entire organisations • Striving to achieve 100% safety, 100% customer value and 0% waste
BHP at a glance
As a world-leading resources company headquartered in Melbourne, Australia, our products are sold worldwide, with sales and marketing led through our Singapore and Houston locations.
We're focused on the resources the world needs to grow and decarbonise. Copper for renewable energy. Nickel for electric vehicles. Potash for sustainable farming. Iron ore and metallurgical coal for the steel needed for global infrastructure and the energy transition.
A resources mix for today and for the future.