Purpose and Accountabilities:
To deliver and maintain standard, consistent and realistic cost estimates reflecting the assessed risk parameters for each project. Accountabilities are the following:
Methodologies and tools for Cost Estimates- Utilize cost methodologies and tools to produce cost estimates inclusive of engineering, procurement, construction, commissioning and start-up scope and costs.
Incorporate project complexity factors into project estimates and assemble key input data such as project objectives, scope and execution plan.
Formulate methodologies for deriving quantities from design parameters.
Perform scenario comparisons and uncertainty analysis and sensitivities on cost estimates, reflecting analysis of project risks. Support reviews and assurance of cost estimates.
Benchmark against historical performance, industry norms and established KPIs.
Assess prospect scope and main components to develop consistent "building block" estimates (Type-2) for each concept under consideration.
Translate the identified project scope and engineering deliverables into the estimate of capital expenditure costs composed of detailed MTOs matched with detailed pricing and construction unit hours (Type-3). Identify areas of uncertainty and apply appropriate allowances.
Support Development of detailed project cost forecasts (Type-4). Incorporation of project actuals to date and detailed MTOs matched with detailed pricing and construction unit hours for to-go costs.
Develop Estimate Plan detailing how the estimate will be developed.
Develop Estimate Basis to document how estimate was developed.
Manage Estimating Data- Support process to collect actual cost performance, condition and normalize data for future use, develop metrics and benchmarking information. Support process to store Estimate files in a consistent, secure location.
Utilize Technical, Economical, Commercial, Organizational & Political (TECOP) profile to establish appropriate deterministic cost contingency.
Help the project team to fully understand the risk/cost/schedule trade-offs so that they can make better informed business and commercial decisions.
Prepare commercial proposals, supply bid evaluation services and negotiating support to the project teams with regard to cost estimating issues.
Review scope change requests for impact on total installed cost.
Work with Planning & Cost Engineers to ensure alignment of planning, cost estimating and cost control.
Be able to acquire initial information on Market Intelligence and perform benchmarking.
Support, train, and coach junior estimators’ development.
Dimensions:
Provision of support from through various Decision gate phases
Comfortable to work virtually with remote teams in different time zones and flexible for occasional business travel
*Skills & Requirements:
REQUIRED:
Engineering Degree and/or Certification as a Cost Estimator or equivalent experience.
Minimum of 8+ years industry experience with 5+ years of major capital project experience are/have been responsible for the preparation and maintenance of cost estimates for elements of project scope or a portfolio of early-phase prospects
Good commercial knowledge
Team player with good interpersonal skills and proven track record of being self-motivated.
Able to work across multiple projects largely unsupervised and deliver results within challenging deadlines and under pressure.
Shift Schedule: 4PM to 1AM