Cost Estimator
3 months ago
Overview:
Parsons is looking for a Cost Estimator to work as part of a team managing cost within a secondment role with one of our key Clients in our Abu Dhabi sector. The Cost Estimator will report to the Senior Contract Manager. They must be experienced and capable in all Cost Estimation matters. This position may require travel to our Client's offices or to the project site or to the Parsons Abu Dhabi head office as may be required throughout the duration of the assignment.
Specific Responsibilities:
- Will be responsible for exercising a qualified level of cost estimation including cost planning, controlling and reporting proficiency.
- Performs a variety of standard estimating activities (individual or as part of a team) on an assigned project/program.
- Typical responsibilities are focused on a variety of ancillary estimating tasks.
- Review all design information/Drawings during Pre Contracts/Design Stage
- Prepares material takeoffs/BOQ as per approved standards on assigned project from engineering drawings, plans, and specifications.
- Reviews takeoffs prepared by others to check for completeness, appropriate definition, and accuracy.
- Prepares detailed breakdown structures (WBS) for contracts, projects, or elements of a program sufficient to define the scope to be delivered.
- Defines the specific scope intended by the contract documents, project development requirements and/or the program element components, systems and subsystems.
- Prepares and summarizes the bases of estimate (BOE) 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
- Delivers a complete and comprehensive estimate of probable cost based on the proposed contract documents inclusive of contract terms and conditions.
- Defines, details and estimates the cost of contract general conditions and job cost in compliance with the planned execution to accomplish total contract delivery.
- Utilizes the “bottoms up” approach in the development of probable contract cost, and compares that cost with data from previous contracts similar in nature when the estimate task required detail development.
- Develops scope sheets and request for bid or quotation from potential service providers.
- Assists in the updating of historical data and estimate database management.
- Reviews contract documents to access contract risk and significant exposure to estimated cost if potential risks are experienced. Assigns reasonable maximum cost and schedule exposure resulting from potential risks.
- Collaborates with other team members with the outcome being a final deliverable that meets our Clients requirements and expectations.
- Responsible for the creation and maintenance of reports to accurately reflect current budgets, invoices and committed costs; projected-to-go or cost-to-complete estimates; budget variances; cash flow projections; and schedule of values for individual projects.
- Provide trending information to assist in forecasting potential problems with cost and time.
- Manage work breakdown structures and revisions.
- Coordinate conceptual estimates for various design and construction estimates to provide program budgets.
- Development and maintenance of automated program cost database.
- Proven construction experience in estimating, bidding and job cost preparation; and an understanding of construction contracts, scheduling and general construction management principles is required.
- Performs tasks required by the Senior Contracts Manager and Client on an as needs basis.
Skills and Competencies:
- Requires a comprehensive knowledge of industry business practices and commercial and cost matters.
- Possesses strong written and oral communication skills, excellent interpersonal skills, and a working knowledge of standard software packages typically associated with contract administration.
- Must be capable of independently managing cost estimating matters.
- Must be fluent in English (both written and spoken).
Education and Typical Experience
- Bachelor's degree in Quantity Surveying or similar.
- 10+ years’ experience in industry from a cost or estimation background with experience within large international engineering and construction firms looking after infrastructure and residential projects.
- Experience with Aldar projects would be looked upon favourably.
- Previous experience using estimating database supported software.
- Ability to perform standard estimating activities typical to the engineering and construction industry.
- 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 preferr
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