Project Cost Estimator Chennai
Bechtel
Requisition ID: 295336
- Relocation Authorized: None
- Telework Type: Full-Time Office/Project
- Work Location: Chennai
Extraordinary teams building inspiring projects:
Since 1898, we have helped customers complete more than 25,000 projects in 160 countries on all seven continents that have created jobs, grown economies, improved the resiliency of the world's infrastructure, increased access to energy, resources, and vital services, and made the world a safer, cleaner place.
Differentiated by the quality of our people and our relentless drive to deliver the most successful outcomes, we align our capabilities to our customers' objectives to create a lasting positive impact. We serve the Infrastructure; Nuclear, Security & Environmental; Energy; Mining & Metals, and the Manufacturing and Technology markets. Our services span from initial planning and investment, through start-up and operations.
Core to Bechtel is our Vision, Values and Commitments . They are what we believe, what customers can expect, and how we deliver. Learn more about our extraordinary teams building inspiring projects in our Impact Report .
Bechtel’s India offices support the execution of projects and services around the world. Working seamlessly with Bechtel’s global business units, project sites, customers, and suppliers, our teams have delivered more than 125 projects since 1994. With offices in Gurgaon, Vadodara, and Chennai there are exciting career opportunities for candidates who are passionate about delivering projects that make a lasting, meaningful difference for people and communities around the world.
Job Summary:
This position is open for Project Cost Estimator with ability to support a functional role. The candidate will be required to prepare, review, and present CAPEX related entire project estimate with supporting detailed discipline estimates. The candidate needs to have a strong ability to lead a team of discipline estimators and responsible for major complex project CAPEX EPC/EPCM estimates for GBUs like Oil, Gas, LNG, Chemicals, Semiconductors, Manufacturing, Datacentres, Combined Cycle, Carbon Capture, Mining, Nuclear, Motorways, and Large Infrastructure (like Airports, Water storage etc),
The successful candidate must have ability to develop all Class of estimates (Conceptual to Execute), performs material and labor cost analysis, develop and update historical databases, and enhances department procedures. Supports estimate reporting and reviews. Executes other simultaneous tasks within broadly defined parameters for estimating department. Ability to coach and mentor Junior Estimators in team.
Major Responsibilities:
- Prepares CAPEX (Direct, Indirect and Burdens) cost estimates for all class of estimates from Conceptual to Execute (AACEI Class5 to Class1).
- Performs quantity take offs for a discipline or commodity specialty using defined documents. Collects, reconciles, and verifies data for summary comparisons.
- Skill in understanding technical processes, engineering drawings, quantity determinations, and mathematical and financial records.
- Works with other disciplines and functions to collect all necessary data on scope and quantities to prepare an accurate estimate in specialty discipline areas.
- Produces cost estimates using crew-based approach including formation of crews from multiple crafts.
- Prepares estimate basis documentation capturing assumptions, rationale, scope inclusions and exclusions for specific contributions.
- Prepares estimate summaries and presentations for all reviews: like Project Reviews, Sr Management or Client Estimate reviews.
- Ensures that estimate is in line with market trends and pricing.
- Researches, develops and maintains costs, quantities, ratios and metrics of the historical cost databases pertaining to specific section. Understands the data and various sources of data. Extracts non-standard data and formulates the data into comparative summary format for analysis.
- Prepares indirect cost estimates including staffing, tools, services, and field costs
- Guides in developing contingency risk ranges with valid explanations
- Inputs cost data into the historical cost databases. Files completed estimates with all relevant back-up documentation yielding an easy-to-follow paper trail.
- Manages variations, trends, and changes to base estimate and ensures that implications of changes are evaluated before finalizing the solution.
- Assists in enhancements for estimating standards and procedures.
- Experience and self-motivation to lead, coach, and mentor junior estimators in team.
Education and Experience Requirements:
- Bachelor’s Engineering degree and 18+ years of Industry experience with 12+ years on job site with exposure towards developing cost estimates.
- Experience in parametric estimating techniques.
- Proficiency in any industry leading cost estimating software like Aspen, Candy, Heavy Bid, Timberline, Cleopatra, etc.
- Understands Stickbuilt vs Modular, Greenfield, and Brownfield Execution Scopes.
- Knowledge of indirect construction cost practices.
- Effective in utilizing metrics to provide valuable checks.
Required Knowledge and Skills:
- Proficiency in AI, Microsoft Copilot and Office applications (Word, Excel, Access. PowerPoint) is a must
- CAPEX EPC/EPCM estimating experience in any major streams like: Oil, Gas, LNG, Chemicals, Semiconductors, Manufacturing, Datacentres, Combined Cycle, Carbon Capture, Mining, Nuclear, Motorways, and Large Infrastructure (like Airports, Water storage etc),
- Bachelor’s Engineering degree with experience in latest estimating software.
- Familiar with commercial terms and conditions (contractor relationships, currency exchange, inflation, insurance, escalation, etc.) and with market pricing in area of specialization.
- Excellent communication skills to connect with others in project team
Total Rewards/Benefits:
For decades, Bechtel has worked to inspire the next generation of employees and beyond! Because our teams face some of the world's toughest challenges, we offer robust benefits to ensure our people thrive. Whether it is advancing careers, delivering programs to enhance our culture, or providing time to recharge, Bechtel has the benefits to build a legacy of sustainable growth. Learn more at Bechtel Total Rewards
Diverse teams build the extraordinary:
As a global company, Bechtel has long been home to a vibrant multitude of nationalities, cultures, ethnicities, and life experiences. This diversity has made us a more trusted partner, more effective problem solvers and innovators, and a more attractive destination for leading talent.
We are committed to being a company where every colleague feels that they belong-where colleagues feel part of "One Team," respected and rewarded for what they bring, supported in pursuing their goals, invested in our values and purpose, and treated equitably. Click here to learn more about the people who power our legacy.
Bechtel is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity and expression, age, national origin, disability, citizenship status (except as authorized by law), protected veteran status, genetic information, and any other characteristic protected by federal, state or local law. Applicants with a disability, who require a reasonable accommodation for any part of the application or hiring process, may e-mail their request to View email address on jobs.bechtel.com
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