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Cost Estimator

icon building Company : Aewa
icon briefcase Job Type : Full Time

Number of Applicants

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Job Description - Cost Estimator

JOB PURPOSE /
OBJECTIVE


To provide the Company with cost management services including preparation of cost estimates and
post projects contract cost management support to aid management make informed
decisions at various value assurance gates, minimize successful contractual
claims, achieve value for money, contribute to company’s good corporate image,
meet projects objectives and ultimately contribute to achievement of Cost
Leadership in the management of CAPEX projects and budget.


MAIN
ACCOUNTABILITIES


1. Produce timely and quality cost
estimates for CAPEX budget planning, project screening and investment decisions
in line with Departmental Key Performance Indicators (KPIs) to achieve value
for money and Cost Leadership for CAPEX Projects.


2. Identify & Assess
prospect scope and main components to develop consistent "building
block" estimates (Type1 -2) for each concept under consideration.


3. Translate the identified project
scope and engineering deliverables into the estimate of capital expenditure
costs for design, procurement, construction, installation, commissioning and
start -up of the hardware elements (Type -3). Estimate composed of detailed MTOs
matched with detailed pricing and construction unit hours. Identify areas of
uncertainty and apply appropriate allowances.


4. Development of detailed project
cost estimate (Type -4). Incorporation of project actuals to date and detailed
MTOs matched with detailed pricing and construction unit hours for to -go costs.


5. Develop
Estimate Basis to document how estimate was developed.


6. Provide input to Probabilistic
Cost & Schedule Risk Analysis


7. Contribute to Estimating Data -
Collect actual cost performance and benchmarking information.


8. Perform
uncertainty analysis and sensitivities on cost estimates, reflecting analysis
of project risks. 







Requirements

Education
A recognised Engineering/Tech
degree in the relevant discipline is required for the job. Certification as a Cost
Estimator will be an added advantage.



Experience

  • Minimum of 5 years post graduation experience, 3 of which should
    be in estimator positions on Gas/Oil/Production/Tech Projects.

  • Strong Process Engineering background/experience will
    be an added advantage.

  • Knowledge
    of Cost Estimating principles, techniques, and industry standard tools (AACEi)



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