Lead II-Cost Estimation
Core
Lead II-Cost Estimation prepares accurate Class I to Class V Cost Estimates for small to medium sized EP, EPF, EPC, and LEPC projects by compiling, reviewing, challenging, and analysing cost inputs.
Role type
Senior IC cost estimation engineer (EPC/EP)
Builds
Cost estimates and competitive bids for process plants (Hydrogen, Green Hydrogen, HyCO, SRU, Ammonia, Gasification, Petrochemical, storage tanks)
Domain
Engineering, Construction, Energy, Petrochemicals
Required skills
Cost estimation (Class I-V), Vendor landscape analysis, Risk assessment & contingency calculation, Financial modelling (NPV, IRR, sensitivity), Tax & duty calculation, Incoterm selection, Value engineering, Construction cost benchmarking, Digital database management, Commodity trend analysis
Preferred skills
Advanced Excel, Power BI, AI-enabled tools, Negotiation, Cross-cultural collaboration
Technologies
Microsoft Office (Excel, Word, PowerPoint, Power BI, Teams), Digital AI tools
Responsibilities
Review tender specifications and engineering documents (PFDs, P&IDs) to develop cost estimates; Identify project risks and calculate contingencies; Align with Proposal Manager on bid strategy; Maintain and update digital cost estimation databases and benchmark data; Apply advanced financial modelling techniques; Coordinate with global teams for consolidated cost sheets.
Seniority
Senior, hands-on IC