Head of Estimations

15 - 20 years

15 - 20 Lacs

Posted:3 weeks ago| Platform: Foundit logo

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Work Mode

On-site

Job Type

Full Time

Job Description

  • We are seeking an experienced Head of Estimation to lead and manage the estimation processes for large-scale EPC (Engineering, Procurement, and Construction) projects within the oil and gas industry. Strong understanding of project cost estimation processes across various disciplines (civil, mechanical, electrical, instrumentation).The ideal candidate will have extensive experience in the oil and gas sector, with a proven track record of delivering accurate cost estimates across civil, mechanical, instrumentation, and electrical disciplines.
  • Lead the estimation team for LSTK/EPC projects in the oil and gas sector. Thoroughly examine tender documents, with a strong focus on understanding client expectations, deadlines, and proposal submission requirements.
  • Ensure prequalification with all relevant Oil & Gas Vendor Databases and EPC contractors to maintain competitive positioning.
  • Prepare RFQs and coordinate with potential vendors and subcontractors to gather budgetary estimates.
  • Develop commercial comparisons to support bid proposals. Conduct cost estimation of projects based on P&IDs and project scope, including civil, mechanical, electrical, and instrumentation elements.
  • Liaise with engineering, procurement, and construction teams to align on scope and estimates.
  • Monitor and ensure all cost estimates are accurate, comprehensive, and submitted on time to meet client requirements.
  • Collaborate with business development and project management teams to review and finalize project bids.
  • EXPERTISE AND QUALIFICATIONS

  • Minimum of 13 years of experience in estimation, with a focus on EPC projects within the oil and gas industry.
  • In-depth knowledge of LSTK/EPC project delivery in oil and gas. Strong understanding of project cost estimation processes across various disciplines (civil, mechanical, electrical, instrumentation).
  • Familiarity with P&IDs and the ability to interpret technical drawings. Experience managing vendor and subcontractor relationships, including sending RFQs and compiling budgetary estimates.
  • Proven experience with prequalification processes for Oil & Gas Vendor Databases.
  • Excellent communication and interpersonal skills to work with multidisciplinary teams and external stakeholders.
  • Strong organizational skills, with a keen attention to detail and deadlines.

Educational Qualifications:

  • Bachelors degree in Engineering (Civil, Mechanical, or related discipline). A Master s degree or certification in project management or cost estimation would be advantageous.
  • Estimation, Oil And Gas, Epc

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