Adventure Capital Group - Our client, Nigeria's leading indigenous Engineering, Procurement, Construction, Installation, and Commissioning (EPCIC) companies, is recruiting to fill the position below:
Job Title: Senior Project Cost Estimator
Location: Port Harcourt, Rivers
Employment Type: Full-time
Job Description
- The Senior Project Cost Estimator will be responsible for accurately estimating project costs, determination of project budgets, and controlling of project budgets, while supporting decision-making by project stakeholders.
- The ideal candidate will have a strong background in cost estimation methodologies, exceptional analytical skills, and the ability to work collaboratively with cross-functional teams.
Key Responsibilities
- Cost Control Systems: Develop and implement cost control procedures and methodologies; monitor budgets, expenditures, and commitments to ensure accurate tracking.
- Cost Analysis & Reporting: Conduct variance analysis to identify trends, discrepancies, and potential overruns; prepare timely cost reports, forecasts, and performance analyses for stakeholders.
- Estimating & Validation: Produce detailed cost estimates based on scope, specifications, and designs; review and validate contractor and supplier estimates.
- Collaboration: Work closely with project managers, engineers, procurement, and other stakeholders to ensure accurate estimation and budget alignment throughout the project lifecycle.
- Budget Control: Track and control costs against established budgets, address variances, and provide insights on financial risks and implications.
- Value Engineering: Evaluate alternatives, propose cost-optimization solutions, and conduct feasibility and cost-benefit analyses without compromising quality or safety.
- Continuous Improvement: Establish and update cost databases, historical benchmarks, and methodologies; provide guidance and training on estimation techniques.
- Risk Management: Identify risks impacting costs, develop contingency plans, and incorporate appropriate allowances into estimates.
- Stakeholder Communication: Present assumptions, methodologies, and results clearly; foster strong relationships and address cost-related inquiries.
Key Performance Indicators
- Cost Estimation Accuracy.
- Cost Variance Analysis.
- Cost Estimation Timeliness.
- Value Engineering Contributions.
- Stakeholder Satisfaction.
- Cost Estimation Process Improvement.
- Risk Assessment and Mitigation.
- Cost Estimation Training and Knowledge Sharing.
Key Requirements
- Education: Minimum B.Sc. in Engineering or Quantity Surveying; MBA/Master’s degree is an added advantage. ● Professional Certifications: PMP, PRINCE II, or equivalent project management qualifications; SAP Project Systems proficiency.
- Experience: At least 15 years as a Project Cost Estimator or similar role in the oil & gas industry.
- Technical Expertise: Strong knowledge of cost estimation methodologies, techniques, and best practices; proficiency in cost estimating software (e.g., CostX, WinEst, Timberline).
- Analytical Skills: Excellent analytical and mathematical ability with keen attention to detail.
- Project Management: Solid understanding of project management principles, engineering disciplines, construction methods, and industry-specific cost factors.
- Communication: Strong communication and stakeholder engagement skills.
Application Closing Date
20th August, 2026.
https://www.hotnigerianjobs.com/hotjobs/928685/senior-project-cost-estimator-at-an-engineering-pr.html