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Principal Estimator

McDermott Middle East, Inc.

Posted on January 9, 2020

10 - 16 years Dubai - United Arab Emirates

Bachelor of Technology/Engineering. Any Nationality

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Job Description

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• Provide guidance and leadership to the Functional
Estimators, and Bench Markers.
• Ensure that the Estimates produced are of the highest
quality, lowest base cost and technically compliant.
• Support and Assist the Estimating Manager, as required.
• Work with Proposal team to prepare estimates and bids
for clients
• Attend to all tender related meetings
• Understand the Proposal requirements and direct
attention to those areas that appear inconsistent or
contain a high risk element
• Understand all the technical documents in order to
prepare a compliant estimate
• Gather information and input from functions with
support from project manager
• Consult with SME to discuss estimates and resolve
• Create Estimate with available Bench marks and from
experience prior to receiving the inputs from functions
and evaluate / challenge the estimates received from
functions against the internal estimate.
• Give regular updates to the department manager
/immediate supervisor and highlight any concerns.
• Analyze the cost components that are critical / crucial
and discuss with Engineering & Supply Chain in order to
seek quotes for only those items. Other items to be
costed internally.
• Attend and participate in Bid review meetings, estimate
evaluation meetings, Risk assessment meetings etc as
• Analyze and comment the execution plans of the project
• Prepare a comprehensive Basis of Estimate ( BOE ) to be
discussed and reviewed with managers
• Assure that the estimate Is :
o Completed in a timely manner
o Reflect the Bid ‘Win Strategy’
o In line with the agreed execution
o Defendable during reviews with Management
• Evaluate and Recommend ways to be more cost effective
or profitable

Oil & Gas / Petroleum

Desired Candidate Profile

• Atleast 10 years Estimating Experience, on-shore and/or off-shore EPCI
• Bachelor Degree in Engineering
• Analytical skills and detail oriented.
• Technical skills. Detailed knowledge of industry processes, materials, and
costs are vital to estimators. Time-management skills. Often work on fixed
deadlines, they must plan their work in advance and work efficiently and
• Writing skills. Must be able to write detailed reports. Often, these reports
determine the management decision on the commercial approach


Principal Estimator

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McDermott Middle East, Inc.

McDermott is a premier fully integrated provider of technology, engineering and construction solutions to the energy industry. For more than a century, customers have trusted McDermott to design and build end-to-end infrastructure and technology solutions to transport and transform oil and gas into the products the world needs today.Our proprietary technologies, integrated expertise and comprehensive solutions deliver certainty, innovation and added value to energy projects around the world. Customers rely on McDermott to deliver certainty to the most complex projects, from concept to commissioning. We call this the “One McDermott Way. Operating in over 54 countries McDermott locally focused and globally-integrated resources include approximately 40000 employees and engineers, a diversified fleet of specialty marine construction vessels and fabrication facilities around the world. To learn more visit www.mcdermott.com
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