Lead Cost Estimator

Job Description

The Lead Cost Estimator is responsible for preparing general and/or discipline estimates for capital cost projects. Capable of developing concepts through detailed cost estimates and leading estimate reviews and presentations. Uses, develops and oversees the maintenance of estimating databases. Provides technical and operational collaboration with a project team. Executes simultaneous tasks within broadly defined parameters.

Requirements

As the Lead Cost Estimator, you will:

Plan, develop, and present capital cost estimates for projects as defined by an agreed-upon scope that will be used to make key management decisions.

Draft estimate plans through evaluation of scope, contract, desired estimate type/quality and time/resources available.

Conducts capital cost estimates that may be the order of magnitude (OOM), conceptual, or full detail estimates.

Prepare cost studies utilizing historical data, statistical analysis, and cost and quantity comparisons.

Innovate and develop new techniques as required to meet specific needs.

Review design scope criteria and develop quantities for undefined scope assumptions in coordination with others.

Participate in establishing pricing structures to be applied to quantities for estimates.

Obtains vendor information and lead the development of estimating databases.

Evaluate productivity and develop probable construction costs based on crew craft productivity.

Prepare estimate basis and assumption documentation.

Perform cash flow analysis and extrapolate cost curves based on experience of scheduled activities and cost correlation analysis.

Perform and review escalation calculations.

Identify risk items and assign risk levels to portions of the project work,

Identify measures to mitigate risk to the overall project.

Establish format and content of summaries and reconciliations, including segregation of costs according to levels of confidence.

Review estimates for completion and technical accuracy ensuring quality and alignment with project scope, schedule, and execution plan.

Take a lead role in estimate reviews and presentations.

Interface with designated management personnel on specific sections of estimate presentations.

Qualifications:

Bachelor’s Degree with a minimum of 5 years of related professional experience or High School Diploma/GED with a minimum of 10 years of related professional experience

Preferred experience with airport/aviation projects, including Alternative Delivery Projects, such as Design-Build, Design-Bid-Build, and/or Progressive Design-Build

Advanced knowledge of estimating large complex Engineering and Construction projects

Understand estimate types, classifications, and components.

Knowledge and experience in quantity takeoffs, statistical analysis, life cycle analysis, and management of personnel.

Advanced understanding of current market pricing in related areas and knowledge of construction practices in the local work region

Knowledge of construction methods and techniques in areas of specialization and have a general understanding of other disciplines.

Generally familiar with engineering and construction codes and standards.

Thorough understanding of cost index and escalation projection sources.

Understands and contributes to risk and contingency assessments.

Skilled in oral and written communications, including presentation skills and ability to address a group of supervisors