Cost Estimation

1 week ago


Riyadh, Saudi Arabia Parsons Full time

Parsons is looking for an amazingly talented **Cost Estimation - Subject Matter Expert **to join our team In this role you will **enhance cost management by merging portfolio insights with market data to maintain competitiveness and drive cost optimization.**

Completes a wide variety of difficult and complex estimating activities, viewed as a fully qualified professional with solid experience and technical leadership expertise.

**What You'll Be Doing**:

- Identify best practices on costing (incl. on technical guidelines, tools, templates and procedures), distill them into guidelines and share them across PM teams
- Provide key assumptions (e.g., CapEx) and support in preparation and/or review of budgets, estimates, business and cost plans in the different stages of the DMO
- Monitor actual spending vs. budget, analyze possible deviations and provide potential remediation actions, based on data provided by Planning and Monitoring
- Review when needed bids and proposals also to analyze potential discrepancies with guidelines and assumptions
- Consolidate data from portfolio and external sources to create a construction cost databases and issue quarterly Cost Benchmark Reports
- Develop and maintain Tender Price Index, Building Material Cost Index, Material Prices Databases and Constriction Price Index for alignment with construction market
- Develop the budgeting guidelines for projects during Phases 2 and 3 of the DMO process and when needed review the DevCo Cost Control Management
- Create a database of cost optimization levers with estimated impacts and support projects in identifying and implementing them

**What Required Skills You'll Bring**:

- Bachelor's Degree in Engineering or Construction Management or related field (or equivalent work experience)
- Minimum 10+ years of related work experience.
- Previous experience using estimating database supported
- Ability to lead an estimate team that is required to perform difficult and complex estimating activities typical to the engineering and construction industry projects and programs is required.
- Excellent written and verbal communication skills, knowledge of company and project procedures and practices, a familiarity with typical project controls software such as; Primavera scheduling software, Estimate/Schedule Transfer tools, Contract Manager, and DMCS (Document and Materials Control System) is required
- Must have a clear understanding of, and ability to work with, construction contract commercial documents, drawings and specifications, and be qualified to be a project/program estimate team leader.

**What Desired Skills You'll Bring**:

- KSA experience

**Minimum Clearance Required to Start**:
Not Applicable/None

Parsons is an equal opportunity employer committed to diversity in the workplace. Minority/Female/Disabled/Protected Veteran.


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