Candida Scott, CERA senior director, heads the CERA Capital Cost Forum, formed to monitor and predict the changes in project development costs through market analysis and scenario evaluation. She oversees the IHS/CERA Upstream Capital Costs Index, which tracks actual costs for equipment and services required to construct a fixed basket of oil and gas projects in order to assess movements and develop strategies in managing costs. Scott has more than 25 years of experience in the oil and gas industry, with international expertise in tracking, monitoring and analyzing trends offshore, onshore and in liquefied natural gas construction projects worldwide. In her previous positions, she worked on the conception and development of the QUE$TOR estimating system and the development of Brown and Root"s FIELDPLAN estimating system. A chartered mechanical engineer, Scott is a member of the Institution of Mechanical Engineers and the Society of Petroleum Engineers. She holds a Bachelor of Science from the University of Leicester.