Chevron Corporation

Capital Cost Estimating Advisor

Chevron Corporation$120K — $150K *
Energy & Utilities
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree required; preferred in Engineering, Business, Construction Management, or Construction Science.
  • 10 years of experience in Cost Estimating or Cost Engineering.

Responsibilities

  • Lead the development of Project Cost Estimates and Basis of Estimate (BoE) in alignment with CPMS standards.
  • Maintain Estimate Plans for early project phases.
  • Collaborate with cross-functional teams to verify and refine estimated costs.
  • Develop cost estimates and review contractor estimates for variances.
  • Oversee contractor cost estimates, ensuring accuracy and comprehensiveness.
  • Integrate risk analysis into cost estimates and contingency planning.
  • Participate in risk assessment engagements and support cost model development.
  • Coordinate Cost Estimates Assurance Review engagements for deliverable accuracy.
  • Provide alternative scenario analyses for strategic decision-making.
  • Support the development of Work Breakdown Structures (WBS) and Cost Breakdown Structures (CBS).
  • Revise cost estimates based on updated assumptions and revisions.
  • Implement procedures for linking estimates and budgets to team members.
  • Generate quality cost estimating reports for project funding and planning.
  • Mentor team members on cost estimating best practices.

Benefits

  • Comprehensive health and wellness programs.
  • Career development and training opportunities.
  • Supportive work environment with a focus on professional growth.
Full Job Description
Total Number of Openings
1

Capital Cost Estimating Advisor is responsible for leading Class 3 through Class 5 estimating processes for capital projects and portfolios of varying complexity and size. This role provides cost estimating and budgeting support, risk consulting, contractor estimate validation, industrial benchmarking, AI development support, and maintenance of cost and estimating databases in alignment with Chevron Project Management System (CPMS) standards and requirements.

Responsibilities for this position may include, but are not limited to:
  • Lead the development of project cost estimates in alignment with CPMS standards, including WBS, OBS, project schedules, resource and staffing plans, and funding request documentation.
  • Lead the development and maintenance of Estimate Plans and Basis of Estimate documents for early project phases, ensuring alignment with CPMS standards and requirements.
  • Develop cost estimates and identify variances; review and validate contractor estimates and engineering studies, challenge productivity and resource assumptions as needed, and assess cost and schedule impacts.
  • Integrate contingency planning, escalation, and risk analysis into cost estimates, and evaluate contingency to support appropriate drawdown strategies based on risk analysis.
  • Lead cost and schedule risk assessment engagements to ensure contingency is appropriately determined and incorporated into cost estimates and budgets based on identified risks and opportunities.
  • Coordinate and support Cost Estimate Assurance Review engagements with project teams and Engineering partners to ensure deliverables are complete, accurate, and aligned with Cost Engineering standards and project needs.
  • Apply and utilize AI-enabled tools and data analytics to support cost estimate development, automated benchmarking, variance analysis, and validation against historical project data, market intelligence, and recognized industry standards, such as IPA, SAP Global, CEC, and other practices.
  • Provide accurate cost projections and scenario analyses to support strategic decision-making.
  • Support the development of Work Breakdown Structures (WBS) and Cost Breakdown Structures (CBS) to establish the basis for project budgeting, cost control, and forecasting.
  • Maintain project cost estimates and Basis of Estimate documents with proper revision control when estimate changes or cost assumption updates occur.
  • Develop and implement procedures to align estimates and budgets with appropriate project team members and stakeholders.
  • Support the preparation of high-quality cost estimating and budgeting reports and required documentation for funding appropriation and business planning.
  • Mentor and train team members on cost estimating best practices and software tools.

Required Qualifications:
  • Education: Bachelor's degree required; degree in Engineering, Business, Construction Management, or Construction Science preferred.
  • Experience: Minimum of 8 years of experience in cost estimating or cost engineering with Oil and Gas background.
  • Estimating Software and Tools: Experience with Aspen Capital Cost Estimator (ACCE), QUE$TOR, InEight, Hard Dollar, Monte Carlo risk analysis, and [redacted].


Relocation Options:

Relocation will not be considered within Chevron parameters.

International Considerations:

Expatriate assignments will not be considered.

Chevron is unable to sponsor employment visas or consider individuals on time-limited visa status for this position.

About Chevron Corporation

Chevron Corporation is an integrated energy and technology company that believes affordable, reliable, and ever-cleaner energy is essential to enabling human progress.

Chevron Corporation Careers

Join Chevron Corporation, a global leader in energy and technology, and become part of a team that values innovation, leadership, and diversity. At Chevron, we are committed to fostering a culture of growth and opportunity, making it an ideal place for professionals seeking a dynamic and rewarding career path. Work You’ll Do At Chevron, you will collaborate with some of the brightest minds in the industry, working together to solve the world’s toughest energy challenges. Our team’s dedication to excellence and innovation drives our leadership in the energy sector and contributes to our robust company growth. Chevron offers a variety of job opportunities across multiple fields, including engineering, finance, information technology, and environmental science. Whether you are a seasoned professional or a recent graduate, Chevron provides an environment where your skills will be honed, and your professional aspirations can be realized. Internship Programs Start your career on the right foot with a Chevron internship. Our internships provide invaluable workplace experience and networking opportunities that often lead to full-time employment at Chevron after graduation. Interns at Chevron work on real projects, receive mentorship from experienced leaders, and learn about the energy industry from the inside out. Benefits and Culture Chevron is dedicated to supporting our employees’ well-being and work-life balance. Our comprehensive benefits package includes health care, competitive retirement plans, and paid time off. Moreover, we are proud of our inclusive culture that celebrates diversity and fosters an environment of respect and collaboration. Career Development Investing in our employees’ careers is a priority at Chevron. We offer extensive training and development programs, including leadership development, diversity training, and technical skills enhancement, to ensure every team member can achieve their career goals. Chevron’s commitment to professional growth makes it a premier place to advance your career. Join Our Team Explore the numerous career paths available at Chevron and discover how your talents can make a global impact. We are actively hiring and looking for individuals who are passionate, curious, and ready to lead. Check out our open positions, tailor your resume, and prepare for an interview that could set the stage for a fulfilling career at Chevron. Stay Connected Keep up to date with the latest from Chevron careers by subscribing to our job alert emails. Get tailored advice, read about our company culture and the experiences of employees through our careers blog, and learn about the industry trends that could influence your career decisions. Chevron Corporation is not just a company; it’s a place where you can shape the future of energy and grow as part of a global team committed to excellence. Join us and be part of a legacy of leadership, innovation, and diversity that defines the future of energy.
Learn more about Chevron Corporation
Size
42,595 employees
Market Cap
$336.9 billion
Industry
Net Income
-$5.5 billion
Founded
1879
5 Year Trend
+7.1%
Revenue
$94.2 billion
NASDAQ

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