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  • Job reference: RMS0208622

Cost Estimator

  • Sector: Commercial
  • Location: Gloucester, Gloucestershire
  • Job type: Contract
  • Date posted: 25/06/2019
  • Duration: 12 months
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The Role:
The Cost Estimator forms part of the CTO Programme Office and will support the cost estimating needs
providing realistic, credible cost estimates for Investment Business Plans and setting programme/project
baselines and option decision making.
* Reports to the Estimating and Risk Group Head and will assist in the strategic objectives, initiatives and
development of the group.
* Prepare and underpin cost estimates to the level of accuracy required, taking into account constraints of
budget, time, scope definition and uncertainties in accordance with the Programme Office Handbook
and Estimating Procedures.
* Perform reviews of existing Estimates to monitor compliance with standards and procedures and make
any necessary recommendations for improvement.

* Support the development of an estimate strategy through a gated project process.
* Prepare and develop estimates and basis of estimates for investment strategy and feasibility studies
through a project gated process.
* Produce estimates in compliance with standards and procedures, and issue estimates in
accordance with the project life cycle, including reports specific to project needs.
* Assist in development of and use of Project Control Structures (CBS, OBS, WBS etc.).
* Regular interfacing and integration with the project planner to ensure alignment between estimate and
Project Plan.
* Utilise standard methods and procedures and the expertise of other project professionals to establish
total project estimates.
* Maintain communications and co-ordinate input required from participating parties and project team
* Collate and analyse historical cost data for bench-marking purposes.
* Use and interpret historical cost information (and lessons learnt data) to inform the project cost estimate
at each phase of the project.
* Interface proactively with other personnel to obtain relevant project information.
* Review and validate estimates from internal and external sources.
* Participate in the Project Risk Management process and when required, prepare/assist the production of
Project Risk Logs for input to the estimates.
* Carry out estimate uncertainty and event risk analysis and modelling to provide provision for uncertainty
(contingency) recommendations.
* Provide input to the tender review process, including claim evaluations and valuations of significant
* Assist in the development and maintenance of standards and procedures owned by the Estimating &
Risk Group and provide support to other Programme Office standards and procedures.
* Provide support and guidance to users in respect of the methods, processes, procedures owned by the
Estimating & Risk Group.
* Contribute to the drafting and updating of Project Documents (PDD, IRM papers etc.) to ensure that they
contain the relevant estimate data for controlling the project schedule, costs and variances etc.
* Contribute to Lessons Learnt process throughout the project lifecycle.

Essential Skills / Qualifications:
* Minimum of HNC/HND in an Engineering discipline or equivalent
* Familiar with WBS/CBS.
* Appreciation of engineering, licensing, procurement, construction, installation/commissioning processes.
* Technical aptitude with a high level of understanding of project management, engineering, regulatory,
procurement, construction, installation and commissioning activities and their relation to project costs
* Strong MS excel skills and a working knowledge of MS Word and Power Point.
* Experience in the use of Estimating software packages. Working knowledge of SAP would be desirable.
* Ability to interpret technical specifications and engineering drawings of varying complexity.
* Demonstrates a detailed knowledge & application of Value Management
* Relevant experience in Project Controls and/or Project Delivery, preferably in a highly regulated environment
* Evidence of strong engineering background, ideally within a safety/regulated environment.

About Fircroft:
Fircroft has been placing people in specialist technical industries for approaching half a century, focusing on mid to senior level engineers for contract and permanent roles worldwide. By applying for this job you give consent for Fircroft to contact you, via email & telephone, to discuss your application along with future positions and Fircroft's services.

Fircroft is registered as a Data Controller with the Information Commissioner as required under the General Data Protection Regulation 2016/679. Fircroft will only process your personal data for the specific purposes of managing your application.

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