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Senior Cost Estimator
4 weeks ago
Job Description
Prepare cost estimates/prices in accordance with established Estimating Processes and guidelines. Help develop and maintain databases for benchmarking and pricing. Help develop appropriate estimating models according with the Project/Proposal phase. Participate in estimating and group activities, as required. Training Junior or Intermediate Estimators if required.
WORK PERFORMED:
- Prepare Cost Estimated for Projects and Proposals per client requirements and internal company estimating requirements.
- Gain full understanding of scope of work, business or project strategy and execution plan.
- Decide on estimating methodology to perform Cost Estimates.
- Develop or propose estimating cost breakdown according with Project or Proposal scope.
- Define input and level of cost breakdown of activities in agreement with procurement and engineering groups.
- Prepare cost estimates with the needed accuracy using company standard estimating processes, in-house benchmarking, internal developing models, quotes from vendors and any other method to obtain the desired accuracy level of the estimate in question.
- Utilize established Company Price Sheets and filling out Client bid form/breakdown requirements, where appropriate.
- Perform evaluation of cash flow and exposure, for proposals and/or projects when applicable.
- Initiate estimate/price review meetings.
- Make sure required approvals are given by management.
- Prepare Estimating presentation for proposals management review meetings.
- Attend client negotiations, as needed.
- Check final contract documents for correctness on price issues prior to signature.
- Make sure adequate security measures are implemented for all estimates/prices. Enter all relevant pricing data and back-up into the estimating groups filing system.
- Input relevant benchmark data from estimate into database.
- Hand over all relevant pricing data to project.
- Establish a system for follow up and feedback of real cost and unit (weights, manhours etc.) from projects.
- Make sure final cost and unit data from projects are entered into benchmark database.
- Work closely with other Estimators to guarantee the successful of the team.
- Review with Estimating Manager/Supervisor cost estimates for Projects and Proposals before submitted to Sales or Projects.
- B.S in Engineering (Mechanical, Chemical, Civil, Electrical, Instruments, etc.), or commercial/business discipline
- Minimum 12 years experience from engineering or construction related work, preferably oil and gas oriented.
- Minimum 5 years experience in estimating.
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