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Direct message the job poster from McDermott International, LtdHeadhunter in the Oil & Gas Sector, Covering the UAE, Qatar and KSAJob Overview:The Principal Estimator interprets internal or external business issues and recommends best practices. They will be tasked with solving complex estimating-related problems and will work independently with minimal guidance. The Principal Estimator may be responsible for leading functional teams or projects and is regarded as a specialist in estimating. As such, they must have in-depth expertise in Estimating and broad knowledge of the Estimating discipline within the Project Controls function.Responsible for timely producing the hook-up estimates / deliverables for the assigned bids which includes identification of hook-up scope of work (all disciplines), raise technical clarifications to remove ambiguity, preparation of presentation summarizing the hook-up scope, organize strategy meetings with hook-up function and get their buy-ins on hook-up estimates etc.ResponsibilitiesKey Tasks and Responsibilities:Provide guidance and leadership to the Functional Estimators, and Bench MarkersEnsure that the estimates produced are of the highest quality and technically compliantSupport and assist the Estimating ManagerWork with the Proposal team to prepare estimates and bids for clientsAttend all tender-related meetingsUnderstand the Proposal requirements and direct attention to those areas that appear inconsistent or contain a high-risk elementRead the technical documents to prepare a proper estimateGather information and input from functions with support from the project managerConsult with Subject Matter Expert (SME) to discuss estimates and resolve issuesCreate an estimate with available benchmarks and from experience before receiving the inputs from functions and evaluate the estimates received from functions against the internal estimateGive regular updates to the department manager /immediate supervisor and highlight any concerns about anything that might potentially jeopardize submitting a competitive proposalAnalyze the cost components that are critical/crucial and seek quotes for those itemsAttend and participate in Bid review meetings, estimate evaluation meetings, Risk assessment meetings, etc., as requiredAnalyze and comment on the execution plans of the projectPrepare a comprehensive Basis of Estimate (BOE) to be discussed and reviewed with managersPredict the cost, size, and duration of future Projects is vital to the survival of businessesUtilize support from the benchmarking team by analyzing information on the costs from other similar projects and preparing the relevant benchmark reportAssure that the estimate is:Completed promptlyCognizant of the Bid 'Win Strategy'Accurate, free of errors, omission, or hidden contingencyIn line with the agreed execution planEvaluate and recommend ways to be more cost-effective or profitableQualificationsEssential Qualifications and Education:Bachelor's degree in Engineering is a plusExperience working in Hook up is a MUSTExperience working in Mechanical/Piping is a MustOffshore exposure is a MUST7+ years of experience in a large Engineering, Procurement, and Construction (EPC) company (preferably in estimating, project controls, and data analytics)Cost estimation experience, preferably in the Oil & Gas industry at a Senior or Supervisory levelIntermediate/Advanced level in Microsoft Office systems, e.g., Excel, Word, PowerPointAccurately evaluate detailed specifications that are crucial to a cost estimator's successMust pay attention to minute details because such details may impact a product's overall costMust plan their work and work efficiently and accuratelyMust be able to write detailed reports to determine the management decision on the Project Controls approachKnowledge of Estimating SoftwareAbout 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.Seniority levelMid-Senior levelEmployment typeFull-timeJob functionReferrals increase your chances of interviewing at McDermott International, Ltd by 2xGet notified about new Cost Estimator jobs in Dubai, United Arab Emirates.
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