Cost Engineer

Chevron; Bengaluru; On-site; INR 1,400,000 - 2,400,000; Full time

Job summary

Chevron ENGINE Center in Bengaluru, India, seeks a Cost Engineer to lead cost management on capital projects. You will develop budgets, track costs, perform estimates, and report performance against targets.

The role requires 5+ years in cost engineering, proficiency with WBS/Cost Breakdown Structures, and collaboration across engineering, procurement and finance teams.

Working hours align with business needs; you will influence project outcomes through contingency planning and change control.

Qualifications

• Bachelor's degree in Engineering or related field.
• 5+ years of cost engineering experience (estimating, scheduling, cost control).
• Proactive, process-driven, detail-oriented with strong collaboration.

Responsibilities

• Develop WBS and Cost Breakdown Structures for budgeting and forecasting.
• Assist in cost estimates, schedules, and project controls plans per CPMS.
• Prepare documentation for funding approvals and business planning.
• Configure and maintain cost control systems interfacing with accounting/procurement.
• Track progress, earned value, deviations, and produce monthly cost/schedule reports.
• Manage Change for budgets and ensure updates to forecasts and schedules.

Skills

Cost engineering

Cost estimating

Scheduling

Project controls

Risk analysis

Education

B.E./B.Tech in Engineering

Tools

CPMS

Costing software

Job description

The Chevron Engineering and Innovation Excellence Center (ENGINE) in Bengaluru India brings together the resources and expertise of the Chevron global network with talent in India to enhance agility and technological innovation to optimize solutions for the world's current and future energy challenges. As one of the leading energy providers worldwide, Chevron is involved in the production of crude oil and natural gas, manufacturing of transportation fuels, lubricants, petrochemicals, and additives, and the development of enabling technologies. Chevron's vision is to be the global energy company most admired for its people, partnerships, and performance. With a clear purpose to develop affordable, reliable, ever-cleaner energy that enables human progress, we believe human ingenuity has the power to solve any challenge and overcome any obstacle. Meeting the world's growing energy needs requires the pursuit of innovations and advancements that deliver a better future for all.

About The Position

The Cost Engineer is part of the Engineering Services organization within the Chevron ENGINE Center and is responsible for performing cost management activities on a capital project or portfolios of upstream and downstream projects. This includes cost estimation, budget development, cost tracking, and financial reporting to ensure projects are completed within budget and financial targets are met.

Chevron ENGINE supports global operations, and work hours are aligned to business needs. Standard working hours are 8:00 AM to 5:00 PM or 1:30 PM to 10:30 PM, Monday to Friday. These may evolve based on operational or business requirements.

Key Responsibilities

• Participate in developing Work Breakdown Structures (WBS) and Cost Breakdown Structures as the basis for project budgeting, cost controls, planning, scheduling, and forecasting.
• Assist in the development of project controls plans, cost estimates, and schedules as required by the Chevron Cost Engineering Handbook and Capital Projects Management System (CPMS).
• Support the development of documentation for project funding appropriation and business planning.
• Configure, maintain, and administer cost control systems; ensure interfaces with accounting and procurement systems are accurate.
• Track project progress, earned value, and deviations, and provide project performance analysis.
• Develop monthly project cost and schedule status reports.
• Implement Cost Management of Change (CMOC) process and procedures.
• Manage and control project changes for approved budgets. Ensure changes are incorporated into project cost forecasts and schedules.
• Support and participate in cost and schedule assurance process and risk management process.
• Evaluate contingency through risk analysis to establish appropriate contingency drawdown strategy.
• Perform lookbacks to ensure continuous improvement.

About You

We know our greatest resource is the ingenuity, creativity and innovation of our people. Applications from motivated, talented individuals with a keen interest in the energy industry are encouraged.

Preferred Qualifications

• Bachelor's degree (B.E./B. Tech) in Engineering, Construction Management, or related field from a recognized (AICTE) university.
• This position requires a cost engineer who can perform project controls activities, including cost estimating, planning, scheduling, project control and/or project reporting.
• Candidate must be a proactive, process-driven, and detail-oriented individual who can work with people and be able to recognize potential issues and propose solutions.
• 5+ years of Cost Engineering experience (estimating, scheduling, cost control, management of change, progress measurement and assessment, forecasting).
• General understanding of capital project execution and project management systems.
• Broad knowledge of industry, cost engineering trends and best practices, as well as planning and scheduling.

What We Can Offer You

Everything we do at Chevron is guided by our values and our commitment to The Chevron Way.

Have the opportunity to take part in world-leading energy projects, advance your professional development and expand your career within an inclusive and collaborative workplace.

• Join a workplace where innovation, collaboration and safety are at the core of how we work.
• Work in thoughtfully designed environments that support focus, well-being, and innovation enhanced by digital tools that enable seamless collaboration.
• Grow through structured learning, mentorship, and opportunities to contribute to impactful projects that align with Chevron’s values and business priorities.
• Access comprehensive benefits that support your health, well-being, and work-life balance.
• Engage with emerging technologies and digital solutions that are shaping the future of energy and enterprise.

Diversity, Equity & Inclusion Statement

Chevron values inclusivity and promotes a workplace that seeks to welcome contributions from all people. We encourage people of all abilities, genders, cultures, and backgrounds to apply.

Chevron is committed to building a safe and respectful workplace where everyone is valued for their contribution to our energy future.

Chevron participates in E-Verify in certain locations as required by law.

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Terms of Use

"ENGINE" refers to the Chevron Engineering and Innovation Excellence Center, which operates under Chevron Global Technology and Services Private Limited, an affiliate of Chevron Corporation. References to ENGINE in this document are for convenience only and do not denote a separate legal entity.

This job advertisement is intended to provide a general overview of the role and workplace environment. Role details and outcomes may vary based on business needs and individual performance.