Lisa Richardson
Aberdeen
Summary
Accomplished Cost Engineering Lead with extensive expertise overseeing cross-functional cost management services. Recognised for self sufficiency and leadership qualities, with a positive and competent attitude that drives strategic cost problem-solving to deliver cost initiatives, efficiencies and accurate reforecasting. Skilled in all stakeholder engagement, with a focused, collaborative and conscientious style that fosters best practices and high performance
Overview
31
31
years of professional experience
Work history
Lead Cost Engineer
BP
Aberdeen
01.2010 - 12.2025
- Comprehensive cost reporting exceeding £150m aligned to WBS/CBS, including VOWD, FTC, FYF, variance analysis with visibility of R&O's, accrual status; enabling thorough analysis across several assets.
- Drive effective cost control reporting to highlight ~15% savings from GFO and ~ 25% Emergent displacement year on year.
- Cross functional stakeholder engagement across several areas including Assets, Finance, Performance, Operations and Leadership
- Update and present monthly cost dashboards to leadership, facilitating informed decision-making.
- Manage and mitigate areas of concern that impede effective delivery of cost team outputs
- Lead external MVAC audits, ensuring minimal procedural findings through efficient response management.
- Forecast and maintain accurate accrual positions via comprehensive work analysis.
- Designed and developed continuous improvement initiatives, enhancing team connectivity.
- Collaborate with cross-functional teams to identify cost-saving opportunities and optimise forecasts.
- Prepare detailed presentations for stakeholders, highlighting trends in cost analysis and forecasting.
- Vendor engagement to achieve collaborative cost improvements that enhance relationships
- Project Management of Global Cost Strategy to standardise reforecasting across regions.
- Review contracts and spend for cost leakage including providing solutions for areas of concern
Cost Engineer
BP
Aberdeen
08.2003 - 01.2010
- Delivery of monthly Cost reforecasting
- Management of yearly Subsea MVAC audit
- Develop and manage Vessel Sharing Guidelines, Vessel Cost Tracker and reporting for vessel spend to all stakeholders.
- Implemented best practices in cost control processes to enhance cost efficiency
- Facilitated cross-departmental communication regarding budget updates - improved overall understanding of financial status among team members.
- Collaborated with multidisciplinary teams for successful project execution within budget constraints.
Cost Engineer
BP
Aberdeen
07.1998 - 08.2003
- Delivery of monthly Cost reforecasting
- Management of yearly Subsea MVAC audit
- Responsible for all PO's and amendments
- Prepared comprehensive reports on cost performance and forecasts for senior management review and decision-making.
- Facilitated cross-departmental communication regarding budget updates-improved overall understanding of financial status among team members.
Project Administrator
McDermott Subsea
Seoul, South Korea
06.1995 - 01.1997
- Managed project schedules and coordinated team activities to ensure timely completion of tasks.
- Implemented effective communication strategies to facilitate collaboration among stakeholders.
- Organised project documentation and maintained comprehensive records for audit purposes.
- Conducted regular project meetings to review progress and address any arising issues.
Education
'O' Level & Highers - Secondary Education
Ellon Academy
Ellon 04.2001 -
Skills
- Cost Variance Analysis and Forecasting
- Work & Cost breakdown structures
- Contract Awareness
- External Audit
- SAP and ERP proficiency
- Decision-making effectiveness
- Microsoft Excel expertise
- Team leadership skills
- Interpersonal communication and strategy abilities
- Agile Lean, 5 Whys and Root Cause Analysis
Affiliations
- Dog Walking Fitness Home Renovation & Gardening
- Photography
Accomplishments
APM PMQ Certification
References
References available upon request.
Timeline
Lead Cost Engineer
BP
01.2010 - 12.2025
Cost Engineer
BP
08.2003 - 01.2010
'O' Level & Highers - Secondary Education
Ellon Academy
04.2001 -
Cost Engineer
BP
07.1998 - 08.2003
Project Administrator
McDermott Subsea
06.1995 - 01.1997