Principal Estimator

3 days ago

Aberdeen, Aberdeen City, United Kingdom oilandgas Full time
Job Title: Principal Estimator

About the Role:

Wood is seeking a highly skilled Principal Estimator to join our team in Aberdeen, Scotland. As a Principal Estimator, you will play a critical role in ensuring the accurate budgeting and planning of projects, supporting the robust control of projects throughout their lifecycle to ensure profitable delivery.

Key Responsibilities:

  • Develop and issue the Basis of Estimate for project cost estimates for approval
  • Develop, issue, and maintain project cost estimates in accordance with the Basis of Estimate, including statements of work scope, assumptions, man-hour estimates, narratives, and review & comment of client documents
  • Facilitate and participate in the internal review of project cost estimates, coordinating comments & updates and ultimately obtaining estimate approval as required
  • Review and deliver estimates to Wood management and the client for approval
  • Review and issue updates to projects cost estimates in a controlled manner
  • Liaise with other Project Controls disciplines to ensure projects budgets and schedules are developed to reflect the structure and content of the approved project cost estimate
  • Liaise with engineering, procurement, subcontract and construction functions to maintain awareness of the requirements and costs of labour, plant and equipment, materials, subcontracts, offices, IT, and other provisions, to ensure these are accurately reflected in the project cost estimate
  • Ensure the formal filing of project and proposal estimates, the collection of project historical data and the continuous update of estimating databases and norms in a controlled manner
  • Review and issue change orders in accordance with the appropriate change notifications
  • May Review and communicate cost and schedule impact of change notifications
  • Participate and lead Project Controls Compliance and Continuous Improvement Reviews
  • Play an active role in the mentoring and career development of Estimating personnel
  • Ensure alignment with Wood processes, procedures, and guidelines
  • Promote the use of standard estimating systems, procedures, and work methods
  • Coordinate the estimate plan and development with the project team
  • Responsible for the overall development of the total project estimate
  • Prepare the total Project Estimate Basis
  • Arrange and conduct department, discipline, and project estimate review
  • Presentation of the estimate to Wood and Client management
  • Review and communicate cost and schedule impact of change notifications
Accountable for ensuring:

  • that prepared estimates meet Wood policy, processes, and standards
  • the timeliness of estimates considering restrictions imposed by resource limitations and documentation provided by stakeholders
  • that the Basis of Estimate is documented
  • a record of approved estimates is maintained
  • Current contract rates are reflected in estimates
  • Current materials and fabrication prices are maintained to reflect the latest market conditions
  • Contingency risk analysis is carried out as specified in Wood policy, processes, and standards
  • performance of projects is reviewed in terms of actual hours and quantities versus estimated hours and quantities with recommended changes to norms as required
  • Scope and design development charge orders are correctly identified
  • Change orders are tracked with correct submission and approval dates recorded
Qualifications:

  • Typically requires ISCED level 6 (Bachelors) Degree in a relevant technical or business discipline (or equivalent gained through relevant vocational training and/or industry experience)
Knowledge, Skills, and Experience:

  • A good level of experience in progressive industries and estimating positions
  • Thorough knowledge of estimating techniques and systems with a detailed knowledge of how these are applied
  • Excellent understanding of project management principles and techniques
  • Strong understanding of Cost Management, Change Control, Planning & Risk Analysis & Management
  • Prior experience in a Senior Estimating role
Personal Attributes:

  • Demonstrates commitment to Wood Values, Visions & Behaviours
  • Strong analytical skills and ability to use estimating methods
  • Ability to work autonomously and as part of a team
  • Effective organization & planning skills
  • Ability to handle multiple tasks and changing priorities in a fast-paced environment
  • Strong communication skills both written and oral
  • Uses initiative, experience, and a proactive approach to problem-solving
  • Commitment to continuous improvement
  • Ability to guide, mentor & supervise others
About Us:

Wood is a global leader in consulting and engineering, helping to unlock solutions to critical challenges in energy and materials markets. We provide consulting, projects, and operations solutions in 60 countries, employing around 35,000 people.

Diversity Statement:

We are an equal opportunity employer that recognises the value of a diverse workforce. All suitably qualified applicants will receive consideration for employment on the basis of objective criteria and without regard to the following (which is a non-exhaustive list): race, colour, age, religion, gender, national origin, disability, sexual orientation, gender identity, protected veteran status, or other characteristics in accordance with the relevant governing laws.

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