Job Description
Summary
Chevron ENGINE (Engineering and Innovation Excellence Center) in Bengaluru, India, is seeking a Senior Cost Engineer to join its Projects & Engineering team. In this role, you will lead cost management for capital projects, including estimation, budget development, cost tracking, and financial reporting. As a Chevron Senior Cost Engineer, you will help ensure projects are delivered on time and within budget while supporting strategic financial planning. Ideal candidates are experienced cost engineers with a strong background in project controls, capital project execution, and risk management within the oil & gas or energy sector.
Job Details at a Glance
| Job Title | Senior Cost Engineer |
|---|---|
| Company | Chevron ENGINE, Bengaluru, India |
| Location | Bengaluru, Karnataka, India |
| Job Type | Full-Time |
| Shift | 8:00 AM – 5:00 PM or 1:30 PM – 10:30 PM |
| Experience | 10+ Years |
| Education | B.E./B.Tech in Engineering or Related Field |
| Tools/Software | Cost Control Systems, CPMS, MS Excel |
| Industry | Energy, Oil & Gas, Refinery |
Key Responsibilities
As a Chevron Senior Cost Engineer, you will:
- Develop project controls plans, cost estimates, and schedules according to Chevron Cost Engineering Handbook and CPMS standards.
- Support preparation of documentation for project funding appropriation and business planning.
- Configure, maintain, and administer cost control systems and ensure integration with accounting and procurement.
- Track project progress, earned value, and deviations; deliver detailed project performance analysis.
- Prepare monthly cost and schedule status reports for projects.
- Implement and manage the Cost Management of Change (CMOC) process.
- Manage project changes for approved budgets and update cost forecasts accordingly.
- Participate in cost and schedule assurance processes and risk management assessments.
- Evaluate contingencies through risk analysis to develop effective contingency drawdown strategies.
- Develop Work Breakdown Structures (WBS) and Cost Breakdown Structures (CBS) for budgeting, cost control, planning, and forecasting.
Required Skills & Competencies
- Extensive experience in cost estimation, budgeting, scheduling, cost control, progress assessment, and forecasting.
- Strong understanding of capital project execution, project planning, and risk management.
- Proficient in project controls systems, MS Excel, and cost reporting tools.
- Excellent analytical, problem-solving, and process-driven skills.
- Ability to work collaboratively across teams and proactively identify issues with solutions.
- Broad knowledge of industry trends, cost engineering best practices, and project planning standards.
Qualifications
- Bachelor’s degree (B.E./B.Tech) in Engineering or related field from a recognized (AICTE) university.
- Minimum 10 years of experience in cost engineering for capital projects.
- Demonstrated ability to lead project controls, cost tracking, and financial reporting for large-scale projects.
- Experience in evaluating risks, contingencies, and cost assurance practices.
Why Join Chevron ENGINE
- Contribute to world-leading energy projects and innovative solutions.
- Advance your career in a collaborative, inclusive, and innovation-driven environment.
- Access structured learning, mentorship, and professional growth opportunities.
- Work in modern, digitally enabled environments designed for focus, well-being, and productivity.
- Enjoy comprehensive benefits supporting health, well-being, and work-life balance.
- Engage with emerging technologies shaping the future of energy.
Apply Now
Take your career to the next level as a Chevron Senior Cost Engineer in Bengaluru, India. Visit the official Chevron Careers Page to submit your application today and join a global team driving the future of energy.