OverviewThe Senior Principal Estimator is tasked with solving unique and complex problems that broadly impact the business. They must proactively identify and solve the most complex problems that impact the management and direction of the business. The Senior Principal Estimator is considered a specialist in estimating and offers a broad knowledge base about the Estimating function. The Senior Principal Estimator impacts the direction and resource allocation of projects in their discipline and works within general functional policies and industry guidelines. The Senior Principal Estimator role requires conceptual and innovative thinking to develop creative solutions to estimating challenges.

Responsibilities

Provide guidance and leadership to the Functional Estimators and Benchmark Estimators

Ensure that the estimates produced are of the highest quality and technically compliant

Support and assist the Estimating Manager

Work with the proposal team to prepare estimates and bids for clients

Attend all tender-related meetings

Understand the proposal requirements and direct attention to those areas that appear inconsistent or contain a high-risk element

Read the technical documents to prepare a proper estimate

Gather information and input from functions with support from the project manager

Consult with Subject Matter Experts to discuss estimates and resolve issues

Create an Estimate with available benchmarks and from experience before receiving the inputs from functions and evaluate the estimates received from functions against the internal estimate

Give regular updates to the department manager/immediate supervisor and highlight any concerns about anything that might potentially jeopardize submitting a competitive proposal

Analyze the cost components that are critical/crucial and seek quotes for only those items. Other items to be costed internally

Attend and participate in Bid review meetings, estimate evaluation meetings, Risk assessment meetings, etc.

Analyze and comment on the execution plans of the project

Prepare a comprehensive Basis of Estimate (BOE) to be discussed and reviewed with managers

Accurately predict the cost, size, and duration of future projects; this forecasting is vital to the survival of the business

Analyze many inputs to determine how much time, money, and labor a project needs and how profitable it will be, considering factors such as allowances for wasted material, bad weather, shipping delays, and other factors that can increase costs and lower profitability

Utilize the support of the benchmarking team by analyzing information on the costs from other similar projects and preparing the relevant benchmark report

Ensure that the estimate is complete, prompt, cognizant of the Bid Win Strategy, accurate, free of errors, and in line with the agreed execution plan

Evaluate and recommend ways to be more cost-effective or profitable

Qualifications

Bachelor’s degree in Engineering is a plus

10+ years of cost-estimating experience in the Oil and Gas and Energy industry

Cost estimation experience, preferably in the Oil and Gas industry at a Senior or Supervisory level

Willingness to work overtime as necessary to meet deadlines

Intermediate/advanced level in MS Office systems, e.g., Excel, Word, PowerPoint

Accurately evaluate detailed specifications that are crucial to a cost estimator’s success

Must pay attention to small details because such details may have a significant impact on a product’s overall cost

Must plan their work and work efficiently and accurately

Must be able to write detailed reports to determine the management decision on the Project Controls approach

About UsOur 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 platforms hundreds of miles from shore, using our expertise to design and build offshore wind infrastructure, and reshaping the onshore landscape to deliver the energy products the world needs safely and sustainably. 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.

Details

Seniority level: Mid-Senior level

Employment type: Full-time

Job function: Management and Manufacturing

Industries: Engineering Services and Oil and Gas

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