Nuclear Waste Services has a vacancy for an experienced Estimating Lead, to join the Project Controls Team.
As the Estimating Lead, you will manage an established and growing team to provide a comprehensive estimating and cost modelling service, to Nuclear Waste Services’ portfolio. This role will lead the development and implementation of cost estimating and modelling processes and procedures, training people in these required standards, and delivery against them.
Roles and Responsibilities
- Manage and lead the estimating and cost modelling team.
- Define and own the cost estimating and modelling strategies and processes. Update documented processes, procedures and work instructions for cost estimating as required.
- Support the organisation by ensuring that all projects and programmes have cost estimates underpinned by cost reports and basis-of-estimates that can be integrated into near-term and whole lifecycle cost estimates.
- Manage the production of agreed outputs for project and programme three-point cost estimates, for the baseline scenario and scenario variants, as inputs to spending reviews, annual reporting and scenario modelling.
- Manage the production of cost estimate inputs to business cases (SOC, OBC and FBC).
- Ensure integration with the risk and planning teams to provide estimating uncertainty analysis to estimate P50 and P80, using reference class forecasting or quantitative schedule and cost risk analysis as required.
- Production and control of cost estimates based on approved work breakdown and cost breakdown structures.
- Ensure that estimates are produced in conjunction with, and approved by, the various stakeholders involved in the projects and programmes.
- Co-ordination and production of cost estimates to a defined reporting cycle or demand.
- Periodic review and analysis of project cost estimates and the provision of feedback on areas of risk and opportunities to Programme and Project Managers.
- Support the organisation in ensuring project estimates are appropriately challenged, defined and analysed. Share and challenge information.
- Manage production of updated project baseline estimates if required through the change control process.
- Maintain existing and manage development of new cost estimation tools and techniques for the organisation.
- Procure and manage supply chain cost estimating and modelling support services.
- Manage the creation, maintenance and operation of cost models.
- Identify and manipulate data using a range of sources, normalisation requirements and techniques.
- Develop and maintain an oversight of Industry best practice and implement a robust and comprehensive set of cost estimating and modelling tools, techniques and processes.
- Implement robust estimate verification and validation procedures to ensure high quality outputs and that external assurance reviews have positive outcomes.
- Work collaboratively with Procurement to evaluate the quality of project bids and cost estimates from supply chain contractors and suppliers.
- Work with planners to ensure the costs are phased according to the agreed programme and project schedules to produce estimate cash flows.
- Support any associated Site Evaluation with the development and assurance of site-specific Value for Money assessments and evaluations.
- Manage information appropriately.
- Support the development and maintenance of a scenario management system to record and compare scenario cost estimates.
- Manage the training of project personnel on the appropriate cost estimating processes and systems.
- Recruitment and selection of competent team.
- Performance Management, including measurement and improvement of self and team, goal and priority setting
- Co-ordinate development plans for individuals and team
- Absence and Welfare Management
- Budget and Procurement Management
- Risk Management
Experience Required
Essential
- Experience working in a rigorous programme controls environment.
- Experienced in providing cost estimating in a major project or programme.
- Possession of appropriate professional qualification, together with demonstrable relevant experience within a cost estimating role
- Membership or working towards membership of relevant professional body (e.g. Association of Cost Engineers - ACostE).
- Knowledge of cost estimation techniques and proficiency with cost estimation tools and MS Office.
- Experience applying cost and schedule risk analysis techniques to produce realistic risk-based cost and time forecasts.
- Detailed understanding of cost estimation methodologies and techniques including scheduling, risk and change management.
- Experience providing intelligent analysis of complex cost models, drawing out common themes and understanding linkages and dependencies.
- Experience defining underlying cost assumptions and providing challenge throughout the costing process.
- Experience of report generation and ability to deliver to deadlines.
- Will be an excellent communicator - able to build strong working relationships and work collaboratively with wider stakeholders across all areas and levels of the organisation
- Have strong analytical and numerical skills with the ability to interpret and generate complex data with the skills to be able to communicate clearly to multiple stakeholders and different levels.
- Able to work under pressure and adapt to changes in the work environment, managing competing demands and meeting tight deadlines
Desirable
- Degree or HND or equivalent in Engineering, Construction, Quantity Surveying or other related field is advantageous
- Experience providing estimating and modelling services in a highly regulated environment.
What is in it for you
- On appointment to NWS you will receive 25.5 days annual leave, plus bank holidays and you can accrue up to 13 extra days leave
- Rewarding performance (annual bonus scheme)
- We offer a generous pension scheme through CNNP
- Learning and development support
- Payment of relevant annual professional subscriptions
- Employee Assistance Programme
- Financial advice assistance
- Flexible working
- Extended family-friendly policies
- Cycle to work scheme
- We welcome flexible and agile working practices
- Flexible working requests can be submitted from day 1 of employment
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