Petroleum Development Oman is the leading exploration and production company in the Sultanate of Oman. The Company delivers the majority of the country's crude oil production and natural gas supply.
To support the delivery and maintenance of standard, consistent and realistic cost estimates reflecting the assessed risk parameters for each project.
• Methodologies and tools for Cost Estimates- Utilize cost methodologies and tools to support production of cost estimates. Incorporate project complexity factors into project estimates.• Able to independently develop (and peer review or assure other team members), to the required quality and accuracy level, type 1, 2, 3 and 4 cost estimates.• Able to independently develop detailed estimate plans, estimate basis documents, incl choice of most adequate basis / source of cost data for each equipment and bulk element of project scope, factors / allowances for not defined cost elements and develop overall deterministic cost estimate• Cost-Risk Analysis (CRA): Able to assess overall risk, prepare inputs to Probabilistic cost risk assessment and develop the simplified project cost model, map the Risk Register entries to the model elements and quantify these impacts into cost ranges. Assess and establish appropriate probability distributions for each element. Analyze the results from the cost risk analysis and develop overview presentation material to explain the results and key cost risk areas. • Utilize the PDO standard tools and processes.• Actively support the development and maintenance of:• Cost estimating tools• Cost databases• Guidelines, Standards and Operating procedures• Able to asses and give advise on the impact on cost estimates of:• Execution strategy• Contracting strategy• Schedule adjustments• Able to serve as cost estimate focal point/lead for designated projects if required• Enhance and develop cost estimating skills of graduate staff by providing guidance and act as mentor/coach
