The Senior Offshore Oil & Gas Estimator is responsible for leading early estimating processes for capital projects or portfolios of projects. This role may deliver cost estimating and budgeting, as well as risk consulting, validating contractors bid, and maintaining and updating cost/estimating database, on projects of varying complexity and size.
*Candidates must be local to Houston, and able to work full time in the downtown Houston office
Key Responsibilities
- Lead development of Project Cost Estimates and Basis of Estimate (BoE) in alignment with our clients Project Management System (CPMS) standards and requirements, including but limited to, WBS, OBS, Project Schedules, Resource and Staffing Plan and integration with funding request documentation.
- Lead development and maintenance of Estimate Plan for various early phases of the project, in alignment with CPMS standards and requirements.
- Collaborate with opportunity shaping, execution, engineering, procurement. and project management teams to verify and refine estimated costs for materials, labor, and indirect expenses.
- Provide accurate cost projections and alternatives scenario analysis to support strategic decision-making.
- Integrate contingency planning, escalation factors, and risk analysis into cost estimates.
- Mentor and train team members on best practices in cost estimating and software tools.
- Develop cost estimates, identifying variances, review and validate contractor's estimates and engineering studies.
- Develop and implement procedures which tie estimates and budgets to appropriate project team members.
- Coordinate and support Cost Estimates Assurance Review engagements, ensuring deliverables are comprehensive, accurate and aligned with Cost Engineering standards and project needs.
- Perform cost estimate coordination and oversight of contractor cost estimates, ensuring cost estimates are: - Consistent, comprehensive and accurate.
- Participate in cost and schedule risk assessment engagements, ensuring contingency is properly determined and incorporated in cost estimate and budgets.
- Proactively support development of cost model in advance of the risk assessment engagements to ensure consistency and alignment with CPMS standards.
- Ensure Project Cost Estimates and Basis of Estimate (BoE) are revised with revision control, based upon cost assumptions and any cost estimate changes.
- Participate in developing Work Breakdown Structures (WBS) and Cost Breakdown Structures (CBS) as basis for project budgeting, cost control and forecasting.
- Critically review and analyze productivity and resource estimates, identifying impacts on cost and schedule, challenging the contractor's estimates as needed.
- Proactively support generation of quality cost estimating & budgeting reports and required documents for project Funding Appropriation and Business Planning.
- Support Project Management of Change (MOC) processes and procedures.
- Evaluate contingency to establish appropriate contingency drawdown strategy required to complete the project based on proper risk analysis.
- SOX control responsibilities may be part of this role, which are to be adhered to where applicable.