Principal Estimator

4 weeks ago

Houston, United States McDermott Full time

Job Description

Company Overview:

People power our future. That is why advancing a dynamic, inclusive environment, where everyone grows and thrives is critically important to us.

Our ingenuity fuels daily life. Together, we’ve forged some of the most trusted partnerships across the energy value chain to make what was once just an idea a reality: laying subsea infrastructure thousands of feet below sea level, installing offshore platforms hundreds of miles from shore, and using our expertise to design and build offshore wind infrastructure.

For more than 100 years, we've been making the impossible possible. Today, we're driving the energy transition with more than 30,000 of the brightest minds across 54 countries.

Here, what you do matters.

Job Overview:

The Principal Estimator will be expected to plan and lead estimating effort on large, complex projects and all types of contracts; understand and apply standard estimating concepts, practices, and company procedures; provide guidance and leadership to project/proposal teams on estimated related topics.

The principal estimator will work relatively independently providing regular updates to and seeking guidance from the Estimating Director; lead/coordinate the efforts of discipline estimators; support other estimators in their estimates.

Responsibilities for Internal Candidates

Key Tasks and Responsibilities:

Work as part of a proposals team to complete estimates within the allotted time Review invitations to tender, specifications, drawings and attend meetings to understand the scope of work and estimate requirements Conduct estimate planning activities (produce written plan, support the development of the proposal schedule, identify resource requirements, etc.) Lead and direct work of discipline estimators Collaborate with other functions (Supply Chain Management, Engineering, Project Management, etc.) to manage the estimate schedule and the completion of estimate inputs Compile estimate based on inputs from discipline estimators and other functions within the company Provide evaluation of estimate compared to benchmarks/historical data Calculate Escalation based on expected expenditures Support project risk and opportunity management process by participating in project risk reviews and conducting the Monte Carlo simulations Conduct cost review meetings with the project teams and local management Present and defend the estimate in area proposal reviews Maintain organized estimate files in accordance with area guidance Create basis of estimate documents and presentations Convert estimates into customer pricing formats

Qualifications for Internal Candidates

Essential Qualifications and Education:

Bachelor’s degree in engineering, construction, or business or a combination of education and relevant experience. 10-15 years Engineering and construction experience Advanced level in Microsoft Office systems (Word, Excel, PowerPoint) Ability to effectively communicate and present estimates to internal and external audiences Ability to operate independently with minimal guidance Knowledge of estimating best practices both for detailed and conceptual estimating Detail oriented Ability to prioritize and plan work efficiently and accurately to meet fixed deadlines

Posted: 4/8/2024

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