Responsible for:
EPCI CAPEX cost estimate and associated commercial deliverables during proposal phase; and
Reference cost data analysis and benchmarking data development/ update
To have good understanding on the industrial standard cost engineering terminology (Estimate classification, estimate methodologies, estimate review and validation, etc.)
Coordinate and interface with technical/ commercial professionals, vendors, subcontractors and client to EPCI CAPEX costing within the time frame
Develop CAPEX cost estimate along with back-up data based on technical/ executional input
Work out commercial deliverables related to CAPEX (e.g. Compensation Form, Basis/ Assumption of CAPEX Estimate, Commercial Qualifications, etc.) to read thru the ITT documents as part of Commercial Bid Proposal
Produce cashflow projection (cash-in/cash-out) based on Project Schedule, Milestone Payment from Company and payment terms by Vendors/ Subcontractors
Collect, assort various cost data along with technical information for benchmarking and analyze tendency, correlation or algorithm in order to develop applicable estimate methodologies.
Define and identify risks in terms of opportunities and threats.
To have knowledge of risk management process.
To have good understanding on the concept of risk contingency and allowance
