Experience

Nigeria LNG Limited

• Nigeria
• Oil and Gas
• 700 & Above Employee

• • May 2023 - Present

• • Mar 2022 - Jul 2023

  Deliver quality cost estimates for CAPEX projects from identified contract scope and deliverables. Develop basis of estimate (BOE) that clearly defines estimate methodology, scope, pricing characteristics, escalation, assumptions, and exclusions.Reviews estimates delivered by other service providers to determine compliance with project procedures, estimate completeness and accuracy.Provide inputs to probabilistic cost and schedule risk analysis (CSRA).Perform complete analyses and cost validations using internal and external benchmarking data, historical indices, and component benchmarking.Support asset owners and PMT with cost estimates during budgeting and performance activity and develop/ issue various reports to appropriate stakeholders for decision making.Utilize computer estimating applications to develop cost estimate.Assist the contracting team in bid analysis and contract negotiation.Evaluate contractors’ variation request with the project team. Show less

• • Mar 2019 - Feb 2022

  Collect, analyze, evaluate, and report cost information for estimating, budgeting, forecasting, and monitoring cost activities on the baseline.Phasing of cost estimate for project cost control/ budgeting.Develop project annual-spend projections, cost reconciliations and variance analyses.Assure integrity of the cost engineering tracking progress by using the planned value, actual value, earned value (Value of Work Done), Estimate to Complete (ETC), Cost performance index (CPI), Schedule performance index (SPI), Cost variance (CV) and Schedule variance (SV).Perform project costing related reporting to the team and management for review on monthly basis to ensure that expenditures are kept within project budget.Collect and compile progress and cost data and develop cost-control worksheets and reports for review by delivery teams.Analyze and evaluate commercial and technical proposals submitted by vendor/ contractors.Ensure that changes made to the project baseline cost are identified and evaluated, to know the variance in the cost.Utilize cost methodologies, tools, appropriate software models and packages to produce cost estimates inclusive of engineering, procurement, construction, installation, commissioning, and start-up cost.Translate the identified project scope and deliverables into cost estimate composed of detailed MTOs with corresponding detailed pricing.Provide cost estimate and basis of estimate to company management for decision making.Provide cost estimate during Management of Change (MoC) and advice on the impact of the change.Analyze contractor’s quotation by providing a counter cost estimate to challenge the contractor’s quote and provide information to support negotiation with the contractor to achieve cost reduction.Support reviews and assurance of cost estimates. Benchmark against historical performance, industry norms and established KPIs.Develop commercial template for contractual evaluation on CAPEX projects. Show less



Energy Works Technology (EWT)

• Nigeria
• Oil and Gas
• 1 - 100 Employee

• Project/ Cost Engineer

  • Jul 2014 - Feb 2019

  Manage the scope change in the project by analyzing the potential impact of the change on the project cost. Maintain and update project contracts, including current estimates, original and forecast final status (Estimate at completion) using the Earned value method to keep the cost within budget. Control and monitor project total expenditure including verifying and checking invoices and claims from suppliers, vendors, and subcontractors to ensure that all project expenditures are captured and properly recorded. Attend project meetings with the project management team (PMT) and external clients. Assess and negotiate change order with client/ contractors and obtain necessary approval to achieve a proper project cost control. Assure integrity of the cost engineering tracking progress by using the planned value, actual value, earned value (Value of Work Done), Estimate to Complete (ETC), Cost performance index (CPI), Schedule performance index (SPI), Cost variance (CV) and Schedule variance (SV). Perform project costing related reporting to the team and management for review monthly to ensure that expenditures are kept within the project budget. Develop Material Take-off (MTO), Bill of Quantities (BoQ), Cost Time Resources (CTR), Work Breakdown Structure (WBS) and Cost Breakdown Structure (CBS) for easy project pricing and uniformity. Produce timely projects cost estimates/ BoQ/ MTO based on the approved scope of Work (SoW). Prepare invoices for agreed milestone payment and Work completion certificate (WCC). Develop and Maintain project cost database for the preparation of accurate cost estimates. Ensured effective project implementation and utilize productive reports from the creation of WBS with the use of project management system (PMS) to monitor the status of all purchases, invoicing, and delivery up to the closure of the project. Develop and update “lessons learned” to be incorporated in future projects. Show less