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- Tasks: Prepare and manage cost estimates for exciting naval shipyard projects.
- Company: Join a leading maritime company in Newcastle, UK.
- Benefits: Full-time role with competitive salary and career growth opportunities.
- Other info: Collaborative environment with a focus on industry best practices.
- Why this job: Be part of innovative projects that shape the future of maritime infrastructure.
- Qualifications: Experience in cost estimation and strong analytical skills required.
The predicted salary is between 36000 - 60000 £ per year.
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.
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 like a pro! Reach out to industry contacts, attend maritime events, and join relevant online forums. The more people you know, the better your chances of landing that Cost Estimator role.
✨Tip Number 2
Show off your skills! Prepare a portfolio showcasing your previous cost estimation projects, especially those related to shipbuilding or marine infrastructure. This will give potential employers a clear idea of what you can bring to the table.
✨Tip Number 3
Practice makes perfect! Get ready for interviews by rehearsing common questions related to cost estimation and project management. We recommend using mock interviews with friends or mentors to boost your confidence.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search!
We think you need these skills to ace Cost Estimator
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Cost Estimator role. Highlight your experience in maritime and shipyard projects, and don’t forget to showcase your analytical skills and familiarity with industry-standard estimation tools like CostX and Excel.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for this role. Mention specific projects you've worked on that relate to naval shipyard infrastructure and how your skills align with the job requirements.
Showcase Your Attention to Detail: As a Cost Estimator, attention to detail is key. In your application, provide examples of how you've successfully managed complex estimates or developed comprehensive Bills of Quantities. This will demonstrate your capability to handle the responsibilities of the role.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates regarding your application status.
How to prepare for a job interview at WRS - Worldwide Recruitment Solutions
✨Know Your Numbers
As a Cost Estimator, you'll need to demonstrate your expertise in preparing detailed cost estimates. Brush up on your knowledge of industry-standard estimation tools like CostX and Excel. Be ready to discuss specific projects where you've successfully managed budgets and forecasts.
✨Understand the Project Scope
Familiarise yourself with the specifics of naval shipyard projects, including dredging and marine structures. Research the company’s past projects and be prepared to talk about how your experience aligns with their needs. This shows you’re genuinely interested and have done your homework.
✨Showcase Your Analytical Skills
Highlight your ability to analyse costs, productivity rates, and market conditions. Prepare examples of how you've tackled complex estimates in the past, especially those involving civil and industrial construction elements. This will help illustrate your analytical prowess.
✨Collaborative Spirit
Cost estimation is a team effort, so be ready to discuss how you've worked with engineering, procurement, and planning teams in previous roles. Share examples that showcase your ability to align design, schedule, and cost objectives, as this is crucial for success in this role.