Wasim Raza

About Wasim Raza

I am a Mechanical Engineer with over ten years of dedicated involvement in the dynamic Oil and Gas sector, where I have honed my expertise in the realms of Cost Estimation and Control, Quantity Surveying, and Material Management. My proficiency extends to a diverse array of software tools, including ASPEN ACCE, K Base, Advanced Excel, PowerPoint, Power BI, and SAP MM/SD.Currently, I am contributing as a Cost Estimation and Control Engineer, actively engaged in a spectrum of projects ranging from modest Small Capex initiatives to substantial Large Capex endeavors. My commitment to excellence and versatile skill set enable me to navigate and excel in the multifaceted landscape of the Oil and Gas industry.Key Skills* CAPEX Cost Estimation (Class V–I)* AACEI-Compliant Estimating* Equipment & Bulk Material Estimation* Construction Cost Estimation (Directs/Indirects)* EPC / EPCM / PMC Costing* Multi-Discipline Quantity Take-Off (MTO/QTO)* SOQ Development & Engineering Quantity Validation* Cost Control & Budget Management* Cost Breakdown Structure (CBS) & Work Breakdown Structure (WBS)* Cost Forecasting & Variance Analysis* Earned Value Management (EVM: CPI, SPI, ETC, EAC)* Commitment, Accrual & Cost Monitoring* Change Management & Deviation Control (MOC/PDN)* Risk Assessment & Contingency Modeling* Benchmarking & Cost Database Development* Cash Flow Analysis & Financial Reporting* Contract Cost Review & Claims Evaluation* Project Planning & Scheduling (Primavera P6)* SAP (MM/SD) Cost Tracking* Aspen Capital Cost Estimator (ACCE Certified)* EcoSys EPC / R-Cost / Power BI Reporting* Advanced Excel, VBA Automation, Power Query* Cross-Functional Coordination (Engineering, Planning, Procurement, Contracts)* Stage-Gate Documentation & Management Reporting* Value Engineering & Cost Optimization* Project Controls Governance* Stakeholder Communication & Technical Documentation

Experience

1. Senior Manager

   Reliance Industries Limited

   Apr 2024 — Present · Maharashtra, IN

   Prepared detailed cost estimates for refining, petrochemical, oil-to-chemical, and new energy projects using Aspen Capital Cost Estimator (ACCE/K-base), benchmarking tools, and historical data. Developed accurate estimates across all project phases (Class V to Class I), covering labor, materials, equipment, and subcontractor costs with full traceability.Led multidiscipline estimating efforts from Pre-FEED through Execution, aligning estimates with project scope, schedule, and strategy. Built structured cost models using bottom-up, factored, and parametric methods. Documented assumptions, clarifications, and risks to ensure estimate transparency.Reviewed and validated estimates from internal teams and contractors to ensure quality and compliance with industry standards. Supported feasibility studies, value engineering, and investment decisions through accurate cost insights and optimization strategies. Oversaw WBS and CBS development aligned with project control needs.Conducted risk analysis and applied probabilistic methods to develop contingency recommendations. Engaged benchmarking tools and market intelligence to validate estimates. Provided strategic recommendations on cost-saving measures and construction alternatives.Authored Basis of Estimate (BOE) reports and led estimate reviews with stakeholders and senior management. Collaborated with project controls, finance, and planning to integrate estimates into budgets and cash flow forecasts. Supported contract strategy, bid evaluations, and negotiations by ensuring accurate cost and scope alignment.

Education

• Holy cross school, bokaro

  Class 11 - 12, Isc Mathematic

• Bokaro Public School

  Class 3 To 10

• Little Flower School

  Nursery to class 2

• Technocrats Institute of technology, Bhopal

  Engineer's Degree, Mechanical Engineering

  2009 — 2013

Skills

• Commissioning