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Lead Estimator

4 weeks ago

Hofuf, Saudi Arabia Technip Energies Full time

**Sr. Cost Estimating Engineer**

**Definition**:
The Cost estimate of a project indicates the total cost at completion of all elements of the defined project or scope of work and is an essential project deliverable required for key decision support and control purposes during project development, planning, and execution. Thus;
The Cost estimate engineer, must have the experience in the oil/gas Industry and the minimum required experience in cost estimating of Medium, large to mega size of Projects, and must have thorough knowledge of cost estimating practices, calculation methods/software, standards, and procedures.

**Key Responsibilities**:

- To carry out all duties with regards to CAPEX and OPEX Cost Estimating activities on projects.
- To ensure the Project Cost Estimating activities and deliverables are undertaken in accordance with agreed Scope of Work and Project Deliverables and to the applicable standards& Procedures.
- Coordinate with Design Department Lead Engineers in order to expedite provision of Project Cost Estimating input data such as plant / utility / equipment / utility / building design parameters and major equipment specifications / data sheets and bulk MTO’s,
- Coordinate with suppliers and the Company Procurement Department to obtain prices and deliveries for major equipment and bulk materials in order to facilitate Project Cost Estimating.
- Coordinate with the EPC contractors to obtain budget prices and schedules for work types in order to facilitate Project Cost Estimating.
- Provides cost estimates/comparison costs for the value of Project during the development of engineering deliverables, Project design phases, as well as for Project Execution, EPC/LSTK.
- Gather proposals, specifications and related documents and liaise with stakeholders in order to convert specifications to cost estimates for new and current products.
- Utilize cost methodologies and tools and appropriate software models and packages to prepare and maintain reliable and accurate data.
- Monitor and review data and information to detect or assess problems.
- Investigate and identify cost reduction opportunities through cost analysis review, VE, etc.
- Prepare cost and expenditure statements, reports and other necessary documentation at regular intervals to share with others in the business.
- Provide cost estimates during change process and advise of cost impact of changes. Track and monitor activity.
- Work with stakeholders to ensure estimates are accurate and to make appropriate adjustments and resolve issues.
- Analyze supplier quotes and provide information and data, which aids communications with suppliers and customers and achieves cost optimization.
- Assists the Project Managers and Project Engineers to ensure correct implementation of cost estimating. Prepare a Design Criteria Report for Project Cost Estimating upon project award.

**Skills and Attributes**:

- Good communication skills with the ability to form and maintain good relationships internally and externally.
- Good interpersonal, negotiation, influencing and analytical skills.
- Good communication skills.
- Commercially and financially awareness.
- Able to show evidence of adding value and cost optimization.
- Possess excellent numerical, analytical and literacy skills and a strong attention to detail. Possess good planning and organizational skills and be accustomed to meeting (and helping other’s meet) tight deadlines.

**Qualifications;**
- B.Sc. Engineering degree or equivalent.
- A minimum of 10 years relevant experience, 5 of which must be of working in a Project Cost Estimating role in the oil, gas and petrochemical industry, to include large projects.
- Proficiency in the use of MS Office and applicable software.
- Membership of an appropriate professional body would be advantageous.