Senior Cost Estimation Engineer
Wood
Date: 2 weeks ago
City: Abu Dhabi
Contract type: Full time

Job Description
Remarkable people, trusted by clients to design and advance the world.
The Role
This is an exciting opportunity for an experienced Senior Cost Estimation Engineer with a proven track record in overseeing the design, operation, and maintaining rotating equipment, ensuring performance, reliability, and compliance with industry standards for a high-profile client.
Our Clients and Projects
Designing the future. Transforming the world.
Across EMEA, our teams are providing solutions and expertise to support our growing client base, focused on combining maintenance and operations with asset management, modifications and engineering services across the energy and materials markets.
We are focused on growth and our strategy is centered around building partnerships with our clients across the three regions: UK, Norway and the Middle East and Africa.
What We Can Offer
Overview/Responsibilities
Develop, issue and maintain Project Work Breakdown Structure (WBS) and Cost Breakdown
Structure (CBS) for specific scopes
Liaise with other Project Controls disciplines and functions, assist and support in the development
of project budgets in accordance with the Basis of Estimate including statements of work scope, assumptions, man-hour estimates, narratives and review & comment of client documents
Liaise with procurement, finance and time-capture functions, and third parties as required, to ensure accurate and timely capture of procurement, materials, subcontract and labour manhour costs.
Ensure costs are allocated accurately in accordance with the approved project WBS
Liaise with engineering, procurement and construction functions, and others as required, to
maintain awareness of project activities and their impact on the project budget, schedule and cost
forecast.
Facilitate and manage the project work approval process in terms of accurate cost code allocation
and initial budget set-up and approvals
Develop and maintain project cost budgets using appropriate software applications
Monitor and control cost commitments and expenditures through all phases of project lifecycle
Liaise with planning as required to ensure accuracy in project cost phasing and forecasting.
Prepare and provide project cost performance reports in accordance with project reporting requirements
Prepare and issue updates to project cost forecasts
Monitor and report on cost impact of project manpower forecasts
Develop and issue project change orders / variations in accordance with engineering and construction change notifications
Facilitate and communicate cost and schedule impact of change notifications.
Monitor overall project cost performance and contingency drawdown.
Attend project meetings as required.
Coordinate the project cost close-out process
Qualifications
Bachelor’s degree in engineering or relevant technical
Minimum 15 years of progressive industry experience, with at least five (5) years in project control positions
Experience of project planning software (MS Project / Primavera)
Excellent Excel skills
Knowledge and application of earned value and other progress monitoring techniques
Knowledge of risk management processes and technique
About Us
Wood is a global leader in consulting and engineering, helping to unlock solutions to critical challenges in energy and materials markets. We provide consulting, projects and operations solutions in 60 countries, employing around 35,000 people. www.woodplc.com
Diversity Statement
We are an equal opportunity employer that recognises the value of a diverse workforce. All suitably qualified applicants will receive consideration for employment on the basis of objective criteria and without regard to the following (which is a non-exhaustive list): race, colour, age, religion, gender, national origin, disability, sexual orientation, gender identity, protected veteran status, or other characteristics in accordance with the relevant governing laws.
Remarkable people, trusted by clients to design and advance the world.
The Role
This is an exciting opportunity for an experienced Senior Cost Estimation Engineer with a proven track record in overseeing the design, operation, and maintaining rotating equipment, ensuring performance, reliability, and compliance with industry standards for a high-profile client.
Our Clients and Projects
Designing the future. Transforming the world.
Across EMEA, our teams are providing solutions and expertise to support our growing client base, focused on combining maintenance and operations with asset management, modifications and engineering services across the energy and materials markets.
We are focused on growth and our strategy is centered around building partnerships with our clients across the three regions: UK, Norway and the Middle East and Africa.
What We Can Offer
- Meaningful and interesting projects: Delivered to high profile clients across the Energy Sector
- Commitment to Diversity and Inclusion: We are an organization actively committed to diversity and inclusion across our business
- Competitive remuneration package: With regular reviews to ensure we are rewarding at the right level in line with the market
- Medical Insurance: Ensures inpatient, and outpatient medical care is available should you require treatment
- Group Life and Personal Accident Insurance: The company provides Life Assurance cover
- End of Service Gratuity: In line with UAE Labor Law, all employees are eligible for an End of Service benefit
- The Employee Share Plan: Gives you the opportunity to purchase Wood shares and receive a match from the company
- Long Service Award: Wood values the commitment and loyalty of our people. Celebrating Long Service provides an opportunity for the business to demonstrate their appreciation of the hard work, dedication and many years’ services of our employees at 5 - year service milestones
- Commitment to continued professional development: Development plans that are tailored to your individual needs and interests
- Global connections: Join experts around the world who are at the leading edge of our industry, shaping the standards of our profession
- Energy Transition Academy: Join a community of experts sharing your knowledge and gaining more exposure to a variety of existing and emerging energy systems - delivered by experts in their field
Overview/Responsibilities
Develop, issue and maintain Project Work Breakdown Structure (WBS) and Cost Breakdown
Structure (CBS) for specific scopes
Liaise with other Project Controls disciplines and functions, assist and support in the development
of project budgets in accordance with the Basis of Estimate including statements of work scope, assumptions, man-hour estimates, narratives and review & comment of client documents
Liaise with procurement, finance and time-capture functions, and third parties as required, to ensure accurate and timely capture of procurement, materials, subcontract and labour manhour costs.
Ensure costs are allocated accurately in accordance with the approved project WBS
Liaise with engineering, procurement and construction functions, and others as required, to
maintain awareness of project activities and their impact on the project budget, schedule and cost
forecast.
Facilitate and manage the project work approval process in terms of accurate cost code allocation
and initial budget set-up and approvals
Develop and maintain project cost budgets using appropriate software applications
Monitor and control cost commitments and expenditures through all phases of project lifecycle
Liaise with planning as required to ensure accuracy in project cost phasing and forecasting.
Prepare and provide project cost performance reports in accordance with project reporting requirements
Prepare and issue updates to project cost forecasts
Monitor and report on cost impact of project manpower forecasts
Develop and issue project change orders / variations in accordance with engineering and construction change notifications
Facilitate and communicate cost and schedule impact of change notifications.
Monitor overall project cost performance and contingency drawdown.
Attend project meetings as required.
Coordinate the project cost close-out process
Qualifications
Bachelor’s degree in engineering or relevant technical
Minimum 15 years of progressive industry experience, with at least five (5) years in project control positions
Experience of project planning software (MS Project / Primavera)
Excellent Excel skills
Knowledge and application of earned value and other progress monitoring techniques
Knowledge of risk management processes and technique
About Us
Wood is a global leader in consulting and engineering, helping to unlock solutions to critical challenges in energy and materials markets. We provide consulting, projects and operations solutions in 60 countries, employing around 35,000 people. www.woodplc.com
Diversity Statement
We are an equal opportunity employer that recognises the value of a diverse workforce. All suitably qualified applicants will receive consideration for employment on the basis of objective criteria and without regard to the following (which is a non-exhaustive list): race, colour, age, religion, gender, national origin, disability, sexual orientation, gender identity, protected veteran status, or other characteristics in accordance with the relevant governing laws.
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