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For Companies At a Glance
- Tasks: Prepare and manage cost estimates for exciting naval shipyard projects.
- Company: Join a leading firm in the maritime and shipbuilding industry.
- Benefits: Enjoy competitive pay, career growth, and a collaborative work environment.
- Why this job: Be part of impactful projects that shape maritime infrastructure and enhance your skills.
- Qualifications: 10+ years in cost estimation with a degree in engineering or related fields.
- Other info: This is a full-time, client-side role based in Newcastle.
The predicted salary is between 48000 - 72000 £ per year.
Overview
Job Title: Cost Estimator – Naval Shipyard Project
Location: Newcastle, UK
Industry: Maritime / Shipbuilding / Infrastructure
Employment Type: Full-time
Client-Side Role
Job Summary: Our client is seeking a highly experienced Cost Estimator to join their team in Newcastle, supporting a major Naval Shipyard project. The successful candidate will be responsible for preparing and managing comprehensive cost estimates across all phases of project development, with a strong focus on marine and shipyard infrastructure. This role requires a detail-oriented professional with deep industry knowledge, strong analytical skills, and the ability to manage complex estimates involving civil, marine, and industrial construction elements.
Responsibilities
- Prepare detailed and accurate cost estimates for shipyard and maritime projects, including dredging, reclamation, and marine structures such as quay walls, jetties, breakwaters, and revetments, as well as associated infrastructure, utilities, industrial workshops, and support facilities.
- Develop and manage project budgets, forecasts, and cost control processes to ensure alignment with overall financial targets and project delivery timelines.
- Prepare and validate comprehensive Bills of Quantities (BoQs), unit rate breakdowns, and pricing schedules in accordance with project specifications and scope.
- Conduct quantity take-offs and measurement analysis from CAD models, technical drawings, and Navisworks files to support accurate cost development.
- Analyze direct and indirect costs, labor and equipment productivity rates, and associated cost drivers, factoring in project location and site conditions.
- Use industry-standard estimation tools (e.g., CostX, Excel, Primavera) to produce, maintain, and update cost models, reports, and tender documentation.
- Monitor and evaluate local (KSA and regional) market conditions, including material, labor, equipment, and subcontractor rates to ensure estimates reflect current market dynamics.
- Identify and assess supply chain constraints, such as lead times, logistics, and delivery schedules, and incorporate them into planning and cost considerations.
- Build in appropriate risk allowances, contingencies, and escalation factors into cost estimates to account for project uncertainties and potential cost variations.
- Work collaboratively with engineering, procurement, and planning teams to ensure alignment between design, schedule, and cost objectives.
- Maintain up-to-date knowledge of industry best practices, cost estimation methodologies, and certification standards, applying them consistently across projects.
- Provide cost estimation support during bid preparation, feasibility studies, and tendering, ensuring submissions meet technical and commercial requirements.
Qualifications & Experience
- Prior experience on cost estimation for shipyard/maritime projects, including dredging, reclamation, and marine structures (quay walls, jetties, breakwaters, revetments, etc.), as well as infrastructure, utilities, industrial workshops, and supporting facilities.
- More than 10 years’ experience in project cost estimation, including budgeting, forecasting, and cost control.
- Degree in Civil Engineering, Marine Engineering, Construction Management, or a related field.
- Professional certifications in cost estimation (if available).
- Competent in preparing detailed Bills of Quantities (BoQs), cost breakdowns, and unit rates.
- Ability to evaluate direct and indirect costs, equipment/productivity rates, and contingencies.
- Skilled in quantity take-offs from models and drawings.
- Proficient in estimation and planning software (e.g., CostX, Excel, Primavera) or similar tools.
- Ability to use CAD/Navisworks and interpret drawings accurately.
- Knowledge of supply chain challenges, lead times, and logistics.
- Ability to quantify and incorporate risk allowances and contingencies into estimates.
Additional Details
- Seniority level: Not Applicable
- Employment type: Contract
- Job function: Accounting/Auditing and Engineering
- Industries: Oil, Gas, and Mining and Oil and Gas
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Newcastle Upon Tyne, England, United Kingdom
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Cost Estimator employer: WRS - Worldwide Recruitment Solutions
Contact Detail:
WRS - Worldwide Recruitment Solutions Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Cost Estimator
✨Tip Number 1
Network with professionals in the maritime and shipbuilding industry. Attend relevant events, webinars, or local meetups to connect with potential colleagues and employers. Building relationships can often lead to job opportunities that aren't advertised.
✨Tip Number 2
Stay updated on the latest trends and technologies in cost estimation and project management within the maritime sector. This knowledge will not only enhance your expertise but also demonstrate your commitment to the field during interviews.
✨Tip Number 3
Familiarise yourself with the specific software tools mentioned in the job description, such as CostX, Excel, and Primavera. Consider taking online courses or tutorials to improve your proficiency, as this can set you apart from other candidates.
✨Tip Number 4
Prepare to discuss your previous experience in detail, particularly any projects related to shipyard or maritime cost estimation. Be ready to provide examples of how you've managed budgets, forecasts, and cost control processes effectively.
We think you need these skills to ace Cost Estimator
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in cost estimation, particularly in shipyard and maritime projects. Use specific examples that demonstrate your skills in budgeting, forecasting, and managing complex estimates.
Craft a Strong Cover Letter: Write a cover letter that addresses the key responsibilities outlined in the job description. Emphasise your analytical skills and industry knowledge, and explain how your experience aligns with the requirements of the role.
Highlight Relevant Software Skills: Mention your proficiency in industry-standard estimation tools like CostX, Excel, and Primavera. Provide examples of how you've used these tools to produce accurate cost models and reports in previous roles.
Showcase Your Industry Knowledge: Demonstrate your understanding of current market conditions and supply chain challenges in the maritime sector. This could include discussing recent trends or challenges you've encountered in past projects.
How to prepare for a job interview at WRS - Worldwide Recruitment Solutions
✨Showcase Your Industry Knowledge
Make sure to demonstrate your understanding of the maritime and shipbuilding industry during the interview. Discuss specific projects you've worked on, particularly those involving dredging, reclamation, and marine structures, to highlight your relevant experience.
✨Prepare for Technical Questions
Expect technical questions related to cost estimation methodologies and tools like CostX, Excel, and Primavera. Brush up on your knowledge of Bills of Quantities (BoQs) and be ready to explain how you conduct quantity take-offs from CAD models and technical drawings.
✨Discuss Risk Management Strategies
Be prepared to talk about how you incorporate risk allowances and contingencies into your cost estimates. Share examples of how you've managed uncertainties in past projects and the impact it had on project delivery.
✨Highlight Collaboration Skills
Since this role involves working closely with engineering, procurement, and planning teams, emphasise your ability to collaborate effectively. Provide examples of how you've aligned design, schedule, and cost objectives in previous roles.
