Singapore Job Openings

Peak Ocean Pte Ltd

Senior Estimation Manager

FULL TIME

November 29, 2024

Peak Ocean would like to invite an experienced estimation manager with experience in the oil and gas marine sector and with shipyard exposure to consider a role in Singapore.
Responsibilities are but not limited to:

Responsible for leading and directing estimating resources and proposing costing strategies through the review and analysis of completed projects as well as global and regional cost data to effect such strategies towards the realization of the company's business objectives.
Ensure that the Estimation & Analysis (E&A) Team has the necessary skills, receives appropriate training, stays current with the latest methods, procedures, and requirements, and is adequately resourced to perform their tasks effectively.
Responsible for the effective review of tender specifications by E&A team and to ensure full understanding of project preambles and methods of measurement for purpose of generating accurate costing for tenders in line with project requirements.
Responsible for leading the post-mortem analysis of costs based on data collected from completed projects and to conduct lessons learned on tenders which were not successful.
To lead E&A team in vendor and customer techno-commercial clarifications and negotiations together with Procurement/Subcontracting teams and Marketing team, respectively.
To develop, establish and implement effective business processes within the E&A team to ensure an acceptable degree of accuracy and credibility in the estimation of costs, for the company to remain competitive in pricing decisions by senior management.
Refine and reconfigure estimating and analysis business processes that will ensure applicability at the project level.
Ensure the setting up of a robust bid analysis system to evaluate cost estimates metrics by trades, categories, cost codes etc.
Responsible for leading the implementation of cost estimating strategies for projects, including direct labour, materials, permanent equipment, construction equipment, project conceptual layout, outsourcing, etc.
Responsible for ensuring the preparation and submission of accurate cost estimations, cost summaries and bid analysis by E&A team, and concise presentation in a timely fashion for submission to senior management.
Responsible for the triangulation of cost estimates, actual past project costs, and proposed basis for costing strategy, for discussion and review with senior management.
Responsible for the setup and preservation of database system for project cost estimates versus actual project costs by working with Marketing, Project Management, Production, Procurement, Sub-Contracting, Quantity Surveying, and Finance functions within the Company.
Responsible for the review of project plans and specifications and ensure effective coordination between the E&A team and other departments to confirm complete scope.
Responsible for identifying and evaluating all cost-related technical issues in projects.
Responsible for ensuring the comprehensive review and completion of the bid forms and to ensure that they are within the given specifications.
Responsible for ensuring the close monitoring of tender results and to ensure proper updating in the tender register.
Responsible for conducting tender costing review with senior management and tender committee for approval.
Responsible for the preparation and issuance of project budget for commercial handover to Project Managers and Production upon project award.
Any other ad-hoc duties as assigned by the Reporting Officer

Requirements:

A bachelor’s degree in engineering, Construction Management, or a related field is typically essential.
Advanced degrees or certifications in project management, cost management, or a specialized area of construction can be advantageous.
Substantial experience in the field of estimating or a closely related area is often necessary, generally amounting to a minimum of five years.

Job Type: Permanent
Work Location: In person

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