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Richard E. Westney PE, PMP, NAC

Founder/Director, Westney Consultants Intl. Inc.
1800 West Loop S, #1200, Houston, Texas 77027
(713) 962-1410

Expert Service Areas

  • Project Management
  • Strategic Project Planning
  • Project Risk Analysis & Management
  • Construction Management
  • Contractor Selection & Supervision
  • Cost Estimates & Analysis
  • Project Management
    Organization Effectiveness

Industry Experience

  • Offshore Oil & Gas
  • Pipelines
  • Refineries
  • Chemical Plants
  • Renewable Energy
  • Infrastructure
Richard E. Westney PE, PMP, NAC


  • Registered Professional Engineer (PE), Texas
  • Certified Project Management Professional (PMP), Project Management Institute
  • National Academy of Construction (NAC)


  • Harvard Business School: Executive MBA, 3-year Owner/President Management Program (2006)
  • Rensselaer Polytechnic Institute: MS Management Science (1970)
  • City College of New York: BS Mechanical Engineering (1966)



  • Risk Navigation Strategies for Major Capital Projects (co-author) 2011
  • The Strategic Project Planner (author) 2000
  • The Engineer's Cost Handbook (editor) 1997
  • Computerized Management of Multiple Small Projects (author) 1992
  • Managing the Engineering & Construction of Small Projects (author) 1985

Articles - published in various technical publications including:

  • The Oil & Gas Financial Journal
  • The Oil & Gas Journal (Executive Spotlight interview)
  • The Corporate Board
  • Oil & Gas Facilities (a publication of the Society of Petroleum Engineers)
  • Offshore
  • World Energy


Faculty for Construction Executive Programs

  • Texas A&M University
  • University of Texas
  • Moscow School of Management
  • Stanford University

Visiting Faculty for Undergraduate, Graduate & Research Programs

  • Visiting Professor: Norwegian University of Science & Technology
  • Visiting Associate Professor: Texas A&M University
  • Visiting Lecturer: Rice University
  • Visiting Lecturer: University of Houston


Westney Consulting Group, Inc.

I formed this consulting firm in 1978; consulting focus is on independent cost, schedule and economic risk assessment, analysis and mitigation; strategic project planning; and organizational capability assessment & performance improvement.

Westney clients include owner/operators, engineering & construction contractors, technology-based suppliers, and JV partners/investors in large, complex capital projects involving significant financial risk.

Industry sectors served include oil & gas (upstream, midstream, downstream), power, chemicals manufacturing, mining & metals.

Expert witness engagements have focused primarily on cost estimating and cost-risk analysis of Alaskan North Slope production facilities, and the Trans-Alaska Pipeline System, in support of valuation controversies regarding federal, state and municipal taxation.

Kennedy Consulting Research Advisory, the world's most influential market research firm devoted exclusively to the consulting industry, awarded Westney Consulting Group the 2015 Kennedy Vanguard™ rating, given to those firms judged highest in terms of breadth and depth of consulting capabilities.

Exxon (UK) Exploration & Production Company (London)

Managed first-generation deep-water mega-projects in Northern North Sea.

Exxon Research & Engineering Company (New Jersey)

Cost estimating and management for a program of refining and chemical manufacturing projects at the Bayway, (NJ) Refinery.

Head of cost estimating group providing conceptual estimates for refinery projects.


  • AACE International (The Association for the Advancement of Cost Engineering): Past President, Fellow, and Award of Merit winner. One of only five current members to have achieved all three distinctions.
  • Engineering & Construction Contracting Association (ECC): Board of Directors and Executive Advisory Committee
  • Society of Petroleum Engineers (SPE): Offshore Technology Conference (OTC) Program Committee
  • Project Management Institute (PMI®)


  • Engineering & Construction Contracting Association (ECC) Conference
  • Offshore Technology Conference (OTC)
  • Petrochemical Engineering & Construction Conference
  • Refining Capital Projects Conference
  • Society of Petroleum Engineers (SPE) Annual Technical Conference
  • Rice (University) Global Engineering & Construction Forum
  • Global FPSO (Floating Production, Storage, Offloading) Conference
  • Topside, Platforms & Hulls Conference