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Cost Estimator / Aberdeen

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Added:2022-11-25
Location: Aberdeen
Salary:
Apjid3

The client is currently recruiting for the position of Cost Estimator, based in Aberdeen.

Responsibilities:
* Methodologies and tools for Cost Estimates- Utilise 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 normalise data for future use, develop metrics and benchmarking information. Support process to store Estimate files in a consistent, secure location.
* Utilise Technical, Economical, Commercial, Organisational & Political (TECOP) profile to establish appropriate deterministic cost contingency.
* Support development of probabilistic cost analysis

Experience & Qualifications:
? Relevant experience in a cost estimating role
? are/have been responsible for the preparation and maintenance of cost estimates for elements of project scope or a portfolio of early-phase prospects ( < 10 mln.US$)
? As per Job Competence Matrix
? Assessment for Leadership Development is expected to be at the level of Individual Performers
Requirements for PSE level 2 are:
? Relevant experience in a lead cost estimating role in both the front-end and definition or execution phases of an opportunity or project
? in these roles are/have been responsible for the establishment, maintenance, and delivery of the cost estimating activity for a project >$100 million (i.e. the Upstream headline size lower threshold in the OAP classification model)
? As per Job Competence Matrix
? Assessment for Leadership Development is expected to be at the level of Leader of Teams

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