Estimation Manager

7 months ago

Dubai, United Arab Emirates Albaddad capital Full time

**As the Estimation Manager**,

Play a critical role in overseeing and leading the estimation process for various projects within the organization. Your expertise in estimating project costs, resources, and timelines will contribute to accurate project planning and decision-making. You will collaborate closely with cross-functional teams to ensure that projects are adequately scoped, budgeted, and scheduled, enabling successful project execution.

**Key Responsibilities**:
**Leadership and Strategy**:
Develop and implement the overall estimation strategy, ensuring alignment with the organization's goals and objectives.

Lead and mentor a team of estimators, fostering their professional growth and enhancing their estimation skills.

Collaborate with senior management to define and communicate the company's approach to project estimation.

**Estimation Process Management**:
Handling retail inquiries in fast action and immediate response.

Working on all kinds of inquiries ( Rental & Sales Quotations ).

Working with the pricing team for developing pricing models and fees.

Actively participate in supporting various tender submittals, working on assignments amongst the team, and ensuring on-time submittals.

Review and complete bid forms and ensure that they are within the given specifications.

Lead pricing functions with the proposal team to determine optimal price points for bids and conduct price-to-win analysis; ensure proposal pricing meets profitability rates/targets set by the organization.

Collects cost and pricing data for bids including in-country data, and market data for cost line items.

Collaborate with business development, project managers, finance, project controls, and other staff to ensure that all contract pricing activities comply with company requirements and policies.

Utilize and maintain cost/pricing models and narratives, schedules, and technical elements in the development of proposals in accordance with the request for proposal (RFP) specifications to determine anticipated direct costs (labor, material requirements, equipment costs, other direct costs), and indirect rates, for a variety of proposal types to comply with bid requirements and costing standards.

Actively participate and/or lead proposal color and risk reviews, post-proposal, and post-award reviews.

Work closely with business development, technical teams, project managers, and financial management to assess the financial implications of teaming, staffing, and procurement decisions for bids and post-award implementation.

Review contract documents to assess contract risk and significant exposure to estimated cost if potential risks are experienced. Assigns reasonable maximum cost and schedule exposure resulting from potential risks.

Prepares and summarizes the bases of estimate development, including estimate scope, estimate method of development, pricing utilized, labor, material and equipment rates included in the estimate, assumptions and exclusions, escalation, parametric comparisons using previous estimate data from similar projects, estimate quality control (QC) review and results, and estimate conclusion and recommendation.

Performs other responsibilities associated with this position as may be appropriate.

Establish standardized estimation methodologies, tools, and templates to ensure consistency and accuracy across projects.

Analyze project requirements and scope, considering various factors such as resources, materials, labor, and potential risks.

Oversee the preparation of detailed project estimates, taking into account historical data, benchmarks, and industry best practices.

**Project Collaboration**:
Collaborate with project managers, engineers, architects, and other stakeholders to gather necessary information for accurate estimations.

Participate in project kickoff meetings to provide estimation insights and ensure alignment between project goals and budgetary constraints.

Act as a liaison between estimation teams and project teams, fostering effective communication and understanding.

**Risk Assessment and Mitigation**:
Identify potential risks and uncertainties associated with project estimation and execution.

Develop strategies to mitigate risks and account for uncertainties in estimates, ensuring the organization's ability to adapt to changing project conditions.

**Continuous Improvement**:
Monitor and analyze the accuracy of estimation outcomes and adjust methodologies as needed to improve accuracy over time.

Stay updated on industry trends, technological advancements, and best practices in project estimation, integrating relevant insights into the estimation process.

**Reporting and Documentation**:
Create and maintain comprehensive documentation of estimation processes, guidelines, and methodologies.

Generate regular reports on estimation accuracy, providing insights to senior management for strategic decision-making.

**Qualifications and Requirements**:
Bachelor's Degree in Engine

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