Lead Cost Estimator

1 week ago


Jakarta, Indonesia Turner & Townsend Full time

**Company Description**:

- Working in partnership with our clients, we deliver major projects and programmes with skill and precision, by focusing on outcomes and driving high performance._
- Delivering innovative solutions and exceptional outcomes across our sectors, we drive the success of our client’s projects and programmes through effective planning, highly skilled teams, and rigorous controls._
- Our capabilities include asset management, controls and performance, cost and commercial management, digital, procurement and supply chain, programme advisory, project management and sustainability. Backed by our extensive experience, we focus on outcomes to transform client’s projects and programmes._
- With over 133 offices across 47 countries, we are an organisation of over GBP 1.5 billion turnover and 12,000+ talented team members across the world. In 2025, we are combining with CBRE’s Project Management business to create the premier, differentiated programme, project, and cost management capability globally. Through this change, our profile in Asia will scale significantly, comprising a team of over 4000 staff across all major countries in region. The combination of our programme management and project management and commercial management capabilities will provide a unique opportunity to do things for our clients._
- Lead the preparation of detailed, discipline-level cost estimates based on 30-70% project definition and
- Ensure estimates reflect the latest engineering deliverables, vendor data, and construction methodologies.
- Develop and maintain a structured CBS aligned with client's project coding and reporting systems and
- Integrate CBS with WBS to ensure traceability and consistency across all cost elements.
- Conduct benchmarking using historical data and industry standards.
- Analyse market trends, vendor pricing, and regional cost factors (especially for Indonesia and Southeast Asia).
- Identify cost-related risks and uncertainties.
- Recommend appropriate contingency allowances and escalation factors in line with AACE Class II guidelines.
- Collaborate with engineering and procurement teams to validate quantities, specifications, and vendor quotes
- Ensure alignment between technical scope and cost assumptions.
- Perform cost impact assessments for various project scenarios (e.g., schedule delays, scope changes, inflation).
- Prepare detailed cost reports, variance analyses, and executive summaries for internal and client review
- Ensure all cost data, assumptions, and methodologies are well-documented and auditable.
- Provide validated cost estimates and supporting documentation to facilitate client's FID process.
- Supervise and mentor junior estimators and analysts
- Ensure quality control and consistency across all cost deliverables.

**Qualifications**
- Degree in Quantity Surveying, Engineering or Construction Management (a combination of other degrees coupled with adequate experience will also be considered).
- Bachelor’s Degree in Engineering, Construction Management, Quantity Surveying, or a related field (MEP or CSA)
- Professional Certification (preferred):AACE Certified Estimating Professional (CEP),RICS Chartered Cost Manager,PMP or equivalent project management certification
- 10-15+ years of experience in cost estimation for oil & gas, LNG, or infrastructure projects.
- Proven experience in EPCI project environments and Class II or Class III estimates.
- Proficient in developing detailed cost estimates for all disciplines: civil, structural, mechanical, piping, electrical, instrumentation.
- Strong knowledge of cost breakdown structures (CBS) and work breakdown structures (WBS).
- Skilled in cost estimation tools such as:Aspen Capital Cost Estimator,Primavera P6,MS Excel (advanced level)
- Familiarity with regional and global cost databases and Ability to benchmark against similar LNG/EPCI projects.
- Strong analytical thinking and attention to detail,
- Capable of preparing clear, concise cost reports and executive summaries.
- Excellent communication skills for interfacing with clients, engineers, and procurement teams, Ability to lead and mentor junior estimators and coordinate with multidisciplinary teams, Understanding of Indonesian regulatory frameworks (e.g., SKK Migas) and Familiarity with EPCI contract structures and commercial terms.

**Additional Information**

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