Principal Estimator

  • McDermott International, Inc.
  • Port Arthur, Texas
  • Full Time
Principal Estimator

Sabine Pass, TX, United States

ABOUT US

Our 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.

JOB DESCRIPTION

Job Overview:

The Principal Estimator will be expected to conduct site-based estimating for a large project currently in execution. This will require that individual to understand and apply standard estimating concepts, practices, and company procedures; evaluate scopes of work for completeness; produce construction estimates which are accurate and thorough; work as part of the project team; present and explain estimates to internal and external project stakeholders.

RESPONSIBILITIES

Key Tasks and Responsibilities:

Provide guidance and leadership to the Functional Estimators, and Bench Markers

Ensure that the estimates produced are of the highest quality and technically compliant

Support and assist the Estimating Manager

Work with the Proposal team to prepare estimates and bids for clients

Attend all tender-related meetings

Understand the Proposal requirements and direct attention to those areas that appear inconsistent or contain a high-risk element FF

Read the technical documents to prepare a proper estimate

Gather information and input from functions with support from the project manager

Consult with Subject Matter Expert (SME) to discuss estimates and resolve issues

Create an estimate with available benchmarks and from experience before receiving the inputs from functions and evaluate the estimates received from functions against the internal estimate

Give regular updates to the department manager /immediate supervisor and highlight any concerns about anything that might potentially jeopardize submitting a competitive proposal

Analyze the cost components that are critical/crucial and seek quotes for those items

Attend and participate in Bid review meetings, estimate evaluation meetings, Risk assessment meetings, etc., as required

Analyze and comment on the execution plans of the project

Prepare a comprehensive Basis of Estimate (BOE) to be discussed and reviewed with managers

Predict the cost, size, and duration of future Projects is vital to the survival of businesses

Analyze many inputs to determine how much time, money, and labor a project needs and how profitable it will be, consider several factors, including allowances for wasted material, bad weather, shipping delays, and other factors that can increase costs and lower profitability

Utilize support from the benchmarking team by analyzing information on the costs from other similar projects and preparing the relevant benchmark report

Assure that the estimate is:

Completed promptly

Cognizant of the Bid Win Strategy'

Accurate, free of errors, omission, or hidden contingency

In line with the agreed execution plan

Evaluate and recommend ways to be more cost-effective or profitable

QUALIFICATIONS

Essential Qualifications and Education:

Bachelor's degree in Engineering is a plus

7+ 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 level

Willingness to work overtime as necessary to meet deadlines

Intermediate/Advanced level in Microsoft Office systems, e.g., Excel, Word, PowerPoint

Accurately evaluate detailed specifications that are crucial to a cost estimator's success

Must pay attention to minute details because such details may impact a product's overall cost

Must plan their work and work efficiently and accurately

Must be able to write detailed reports to determine the management decision on the Project Controls approach

Knowledge of Estimating Software

#LI-EB2

#LI-DNI

JOB INFO

Job Identification

24005460

Job Category

Commercial

Posting Date

12/02/2024, 01:41 PM

Job Schedule

Full time
Job ID: 477364677
Originally Posted on: 5/16/2025

Want to find more Construction opportunities?

Check out the 175,038 verified Construction jobs on iHireConstruction