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Cost Estimating & Risk Specialist

  • Job reference: 932854
  • Location: Aberdeen
  • Salary: neg
  • Job type: Contract
  • Sector: Oil & Gas
  • Date posted: 20/11/2020

We are seeking an experienced Cost Estimator/Risk Specialist to work with our Aberdeen based Operator client, with a proven background in Estimating and Risk Modules, as well as leading continuous improvement within the areas of estimating and risk.

This will be an initial 6 month PAYE contract with a good likelihood of extension.


Ensure that all activities are carried out in a safe and environmentally prudent manner, complying with all regulatory requirements, legislation and Company HSEQ procedures.

Ensures activities follow applicable Project Management Standard, Engineering Management Standards & VOSG Venture Ownership and Stage Gate Standard

Develop Class Estimates as required by Venture Owners and appropriate to the relevant stage gate using appropriate in-house software & expertise and / or 3rd party service providers. Ensure that different Estimate classes achieve the associated accuracy ranging.

Facilitate the deployment of risk Management strategies, including the use of PIMS Risk, and suitable project risk & mitigation reporting appropriate for both internal and external stakeholders.

Lead the estimating and risk processes to ensure a consistent, effective level of service across the project portfolio and robust estimating and risk data outputs / deliverables (ie. Class Estimates / Basis of Estimate reports / Risk Registers / QRA Reports etc).

Develop a cost and quantity benchmarking database for the company including appropriate NORMS. Represent the Company on any industry benchmarking forums.

Lead continuous improvement within the areas of Estimating and Risk with regards systems & tools, processes, and methodologies. Ensure that industry best practice is understood and assessed against Company systems & tools, processes, and methodologies.

Owner of the Pertmaster risk modelling system for Quantitative Risk Assessment (QRA) exercises in support of project stage gates and CCFs.

Promote and use of Company Project Management processes in the project and take ownership for the Estimating, Risk Modelling / Management and Benchmarking procedures.

Responsible for maintenance of cost and quantity corporate databases for benchmarking.

Work in close cooperation with Finance and Economics to ensure that appropriate macro-economic factors are used within project cost estimates (ie. FX, inflation, and escalation factors etc).

Manage priorities and resources in conjunction with Venture Owners and Project Management teams to ensure continuous alignment of objectives.

Evaluate the contractor(s) estimating capabilities and advise on adjustments to approach or scope of work.

Experience & Qualifications:

Bachelor's degree (BSc) or equivalent in relevant field - engineering, risk analysis, geosciences, statistics, Finance, Quantity Surveying etc.

Additional qualifications in accountancy, quantity surveying and risk management preferable

Less formal education may be compensated with documented relevant experience.

Significant Operator experience with Estimating and Risk Modelling / Risk Management. Additional experience in contractor organisation beneficial.

Experience with external benchmarking and assurance organisations.

Good knowledge of electronic tools used for Estimating and Risk Modelling / Risk Management (Excel / Primavera / QUE$TOR etc). Excellent knowledge of Pertmaster and PIMS Risk.

Good understanding of the different types of projects (ie. Topsides, Subsea, Drilling etc) and lifecycle phases / stage gates therein.

Significant experience of project planning and risk principles in support of effective Risk Modelling and Risk Management.

Contract Position

If you feel that you are well suited to the above opportunity and would like to find out more then please contact Orion Group for more information or apply by forwarding your current CV quoting reference 932854

Our role in supporting diversity and inclusion
As an international workforce business, we are committed to sourcing personnel that reflects the diversity and values of our client base but also that of Orion Group. We welcome the wide range of experiences and viewpoints that potential workers bring to our business and our clients, including those based on nationality, gender, culture, educational and professional backgrounds, race, ethnicity, sexual orientation, gender identity and expression, disability, and age differences, job classification and religion. In our inclusive workplace, regardless of your employment status as staff or contract, everyone is assured the right of equitable, fair and respectful treatment.

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