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Cost & Estimating Lead

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Turner & Townsend

11d ago

  • Job
    Full-time
    Expert Level
  • Dublin
  • Quick Apply

AI generated summary

  • You need 15+ years in cost management, 5+ years in metro rail projects, expertise in PMO frameworks, cost analysis, stakeholder collaboration, project controls, and consultancy experience.
  • You will lead cost management, oversee budgeting processes, ensure compliance, support procurement, and monitor project costs to maintain budget accuracy and reporting.

Requirements

  • 15+ years' experience in cost management and estimation with at least 5+ years' experience within metro rail projects or projects of a similar scale and complexity
  • Further experience I understanding of the following is required:
  • Designing and implementing the costing and estimating frameworks within a PMO function
  • Delivering costing and estimating management in major projects environments to enable achievement of project goals and objectives
  • Knowledge of cost management principles, methods, techniques and tools, including the standard method of measurement
  • Cost analysis, cost modelling and benchmarking processes and techniques
  • Costing systems and toolkits
  • Facilitating collaboration with project stakeholder to ensure consistency and transparency in approach and data
  • Project controls design
  • Delivering continuous improvement programs
  • Information management and reporting
  • Working in a comparable consultancy environment, or with a client or contractor organisation
  • Development of standard operating procedures

Responsibilities

  • Lead the costing and estimating team within the PMO function
  • Oversee the review, development and implementation of processes, procedures and systems to be used in the planning, estimating, budgeting, funding, managing, and controlling of costs so that the project can be completed within the approved budget
  • Undertake a review of program requirements in relation to cost management and control in relation to budget, forecasting, cashflow and payment of costs and in line with finance and reporting requirements
  • Develop the necessary processes and systems for cost management and control which align to the commissions existing processes and systems
  • Identify and define an appropriate software, where required, for costing and estimating and support in the implementation of same
  • Develop and define contingency management processes and procedures
  • Define and manage the funding and cashflow requirements for the project and effectively report this to TII monthly, to ensure contractual compliance with all contracts
  • Develop and draft the cost management requirements for procurement and contract documents for the Core Contracts ensuring the alignment of these across full suite of documents
  • Ensure that all cost and management requirements are communicated to the M100 and M300 Contractors to ensure alignment with the project controls framework
  • Support during the tender evaluation phase of the procurement process, supporting with tender clarifications and evaluation of tender submissions in relation to cost and estimating
  • Planning, estimating, budgeting, financing, funding, managing, and controlling costs so that the project can be completed within the approved budget
  • Manage the funding and cashflow requirements for the project and effectively report this to client partners monthly, to ensure contractual compliance with all contracts
  • During the procurement and delivery manage the overall budget as set out in the Preliminary Business Case through to delivery, centrally managing costs for the entire scheme including coordinating costs from other elements of partner organisations e.g., Land and Property
  • Monitor and assure compliance with the Directorate's cost control standards across all Core Contracts notifying the PMO Lead and/or Programme Director and Project Manager of any non-conformance issues
  • Oversee the Project Delivery Partner, who as NEC 4 Project Manager shall execute cost management across the M400 contracts under their remit, including undertaking audits of their cost management activities
  • Undertake the cost management for the M500 Contractor
  • Undertake all necessary cost reporting required with active management of the budget to ensure accuracy and timely reporting, auditing the delivery of cost management at scheme level to ensure compliance
  • Oversee the handover of all cost management systems and processes and information to the commission
  • Provide an independent, objective view of costing and estimating across the various levels of governance and other stakeholders as required
  • Collaborate with the wider PMO, Directorate and Project Delivery Partner and contractor(s) leading costing and estimating forums to ensure accuracy of all costing and estimating, validating that it is representative of project costs and ensuring that there is a focus on cost management

FAQs

What is the role of the Cost & Estimating Lead?

The Cost & Estimating Lead is responsible for leading the cost and estimating team within the PMO function, developing and implementing processes for cost management and control to ensure projects are completed within budget.

What qualifications are required for this position?

Candidates should have 15+ years of experience in cost management and estimation, with at least 5+ years in metro rail projects or similar scale and complexity. Knowledge of cost management principles and tools is also essential.

Is prior experience with metro rail projects necessary?

Yes, at least 5+ years of experience within metro rail projects or projects of similar scale and complexity is required.

What type of work environment does Turner & Townsend promote?

Turner & Townsend promotes a healthy, productive, and flexible work environment that respects work-life balance, with opportunities for career development.

How many annual leave days are provided?

Employees are entitled to 27 days of annual leave plus 2 additional company days.

Is there an opportunity for career advancement in this role?

Yes, there are career development opportunities both in Ireland and globally.

What benefits are offered beyond salary?

The company offers competitive remuneration, a pension plan, hybrid working options, and an attractive range of benefits.

How does Turner & Townsend approach diversity and inclusion?

Turner & Townsend is an equal opportunity employer, celebrating diversity and creating an inclusive environment for all employees while actively encouraging applications from all sectors of the community.

What responsibilities might be part of this role related to financial controls?

The role may include SOX control responsibilities where applicable, adhering to necessary financial compliance measures.

What kind of projects will the Cost & Estimating Lead work on?

The role involves working on impactful and innovative projects across the real estate, infrastructure, and natural resources sectors worldwide.

Turner & Townsend

A global consultancy business serving clients in the real estate, infrastructure and natural resources sectors.

Real Estate
Industry
1001-5000
Employees
1946
Founded Year

Mission & Purpose

We build trust between clients, suppliers, governments and society through the commitment, capability and care our team brings. Delivering better outcomes that have a positive impact on the world around us. We work smarter to face the challenges of the future; bringing the clarity that helps teams realise their full potential across the real estate, infrastructure and natural resources sectors. It’s how we’ve made the difference for 75 years. Transforming performance for a green, inclusive and productive world.