Project Controls Specialist

Full Time
Houston, TX 77092
Posted
Job description
Overview / Responsibilities:
Wood is currently recruiting for a Project Controls Specialist with previous cost engineering/analysis experience to support our clients in Houston, TX. The ideal candidate will have some prior experience in the oil & gas industry supporting owner/operators.

The successful candidate will be responsible for the following:

  • Lead and maintain Project Baseline and Cost Management Framework
  • Maintain and implement project specific WBS (Work Breakdown Structure) and underlying CTR (Cost, Time, Resource) structure, populate with budget information and secure CTR owner sign-offs. Implement standard CBS (Cost Breakdown Structure) within client and contractor processes. Establish consistent approach to treatment of multi-currency transactions. Develop Project Controls Plan aligned with Planning, Finance and Contracting & Procurement processes.
  • Implement and maintain Cost Control Processes: Commitment capture, VOWD (Value of Work Done), Cost forecasting/phasing and Earned Value consistent with the company procedures. Establish Cost Report content and frequency, prepare and conduct budget holder reviews, and publish. Support Contracts and Procurement group by providing detailed cost and performance analysis.
  • Maintain Change/Trend and Contingency Management: Embed the Change/Trend Management process, ensure all participants are aware of their responsibilities and the different classifications of a change/trend, and ensure that appropriate changes/trends are reflected in the regular cost forecast updates. Prepare forecasts and review with budget holders. Establish linkage between Change/Trend Management and Contingency Management, maintain the Contingency release process and ensure accurate current status is reflected in project report.
  • Project Reporting: Develop, communicate and maintain the Project Calendar. Maintain the Project Management report and Senior Management reports consistent with company standards. In doing so consult with major project stakeholders to ensure all valid reporting requirements are met in an appropriate and efficient way. Develop ad-hoc reports and presentations as required by the project appropriate for the intended audience. Implement process to capture critical project data for historical reporting.
  • Analyze and present to project leadership current status and cost forecast, both for yearly and total project spend.

The main purpose of this position is:

  • To deliver of standard, consistent, and robust cost management frameworks and procedures to the projects and particularly leading the cost team.
  • Supply accurate and verified data to the project services manager and project leadership on which to base decisions.
Skills / Qualifications:
  • Engineering Degree and/or Certification as a Cost Engineer or equivalent experience.
  • Industry experience in lead cost engineering positions (mainly Upstream, Deepwater experience)
  • Fully versed with Cost Control principles and techniques.
  • Significant experience with typical tools for cost control, i.e. SAP, MS Excel, PowerBI, Ecosys.
Company Overview:
Wood is a global leader in consulting and engineering, helping to unlock solutions to critical challenges in energy and materials markets. We provide consulting, projects and operations solutions in 60 countries, employing around 35,000 people. www.woodplc.com
Diversity Statement:
We are an equal opportunity employer that recognises the value of a diverse workforce. All suitably qualified applicants will receive consideration for employment on the basis of objective criteria and without regard to the following (which is a non-exhaustive list): race, colour, age, religion, gender, national origin, disability, sexual orientation, gender identity, protected veteran status, or other characteristics in accordance with the relevant governing laws.

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