JOB PURPOSE
Review and analyze project requirements, specifications, and drawings to prepare detailed cost estimates. Conduct quantity take-offs and cost calculations for labor, materials, and equipment. Utilize cost databases and historical data to support estimation processes.
KEY ACCOUNTABILITIES
Projects Cost Estimation
Prepare accurate and detailed cost estimates, including labor, materials, equipment, and subcontractor costs.
Analyze project scope and identify potential risks and opportunities that may impact the cost estimate.
Collaborate with project managers and engineers to develop and refine project plans and schedules.
Provide expertise in resolving estimating problems and support project management and contracting personnel with bid analysis and contract negotiations.
Identify and evaluate cost-saving measures and alternative materials or methods for projects.
Present cost estimates to clients and stakeholders, including detailed breakdowns and explanations of costs.
Track and monitor project costs throughout the project, addressing discrepancies or changes in scope.
Review and negotiate subcontractor and vendor proposals to ensure competitive pricing and quality.
Incorporate new techniques and technologies into the estimating process.
QUALIFICATIONS, EXPERIENCE, KNOWLEDGE & SKILLS
Bachelor's Degree in Engineering.
8 years of experience in Cost Control & Estimation roles for large projects in the Oil and Gas industry.
Strong analytical and problem-solving skills.
Cost Estimation & Cost Control Certification such as ACE and experience with estimation software like k-base, @Risk, etc., is desirable.
Thorough understanding of cost control, estimation, and budgeting principles.
Extensive experience in project cost control, estimation, and budgeting activities in the oil and gas industry.
In-depth knowledge of oil and gas industry codes and standards with the ability to apply them to project cost control and estimation.
Experience in reviewing cost estimates submitted by Pre-FEED / FEED Engineers and PMCs.
Professional Certifications
Professional certification in Finance, Cost Control, & Estimation (preferable).
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