Estimator VI
📣 Job Ad| Contract Type | Full-time | |
| Workplace type | On-site | |
| Location | Al Khobar |
Job Description
About the Role
Wood is seeking an Estimator VI to join its projects business in Al Khobar, Eastern region, Saudi Arabia. This is a full-time position requiring over 10 years of experience in the field. The role involves developing and managing cost estimates for projects from early feasibility through execution stages.
Key Responsibilities
- Develop high-level and detailed cost models from early feasibility and Front-End Engineering Design (FEED) stages through project execution.
- Select and apply appropriate estimating techniques, including parametric, analogous, bottom-up buildup via Work Breakdown Structure (WBS), and direct vendor quotes.
- Segregate direct costs (materials, construction labor, equipment) from indirect costs (engineering services, project management, site overhead, permitting).
- Quantify project risks and assign suitable contingency and escalation reserves for market volatility and inflation.
- Document all assumptions, level-of-definition percentages, design limits, and pricing databases used to build the estimate.
- Collaborate with Engineering, Procurement, Construction, and Commissioning managers to ensure designs, lead times, and execution strategies align with financial numbers.
- Propose cost-saving alternatives, material substitutes, or construction methods without compromising project quality or safety.
- Cross-reference internal forecasts against industry standards, historical databases, and current regional market trends.
Qualifications and Experience
- A minimum of 10 years of experience in estimating roles.
- Demonstrated ability to develop conceptual and strategic estimates.
- Proficiency in various estimating methodologies and cost analysis.
- Experience in risk and contingency analysis for large-scale projects.
About Wood
Wood is a global leader in consulting, engineering, and operations for the energy and materials sectors. With 33,000 employees across approximately 50 countries, Wood supports clients throughout the full asset lifecycle, delivering predictable outcomes while enabling resilient operations and a lower carbon future. Wood forms the Energy & Materials pillar of Sidara, a global partnership that unites leading multidisciplinary engineering, design, and project management companies.
Requirements
- Requires 5-10 Years experience
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