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The Estimating Lead is responsible for managing a growing team that delivers a comprehensive cost estimating and modelling service across the organisation. You will define, implement, and continuously improve estimating processes, ensuring all projects and programmes are supported with robust, well‑evidenced cost estimates. This role combines technical leadership, process ownership, team development, and cross‑functional collaboration to drive high‑quality, consistent estimating outcomes.

Job Responsibilities

Leadership & Team Management

  • Lead, manage, and develop the estimating and cost modelling team.
  • Recruit, train, and mentor team members to ensure capability and competency.
  • Oversee performance management, goal setting, development planning, and welfare management.
  • Manage team workload, priorities, and resource planning.

Cost Estimating Strategy & Governance

  • Define, own, and maintain the organisation’s cost estimating and modelling strategies, processes, and standards.
  • Update and control all relevant procedures, work instructions, and documentation.
  • Ensure all estimates are produced in line with approved work breakdown and cost breakdown structures.
  • Implement robust verification and validation procedures to ensure high‑quality outputs and positive assurance outcomes.

Project & Programme Support

  • Ensure all projects and programmes have cost estimates supported by cost reports and clear basis‑of‑estimate documentation.
  • Manage the production of three‑point cost estimates (baseline and scenario variants) for spending reviews, annual reporting, and scenario modelling.
  • Produce cost estimate inputs for business cases (SOC, OBC, FBC).
  • Review and analyse project cost estimates, providing insight on risks, opportunities, and areas requiring challenge.

Integration with Risk, Planning & Controls

  • Work closely with risk and planning teams to deliver estimating uncertainty analysis (P50, P80) using reference class forecasting or quantitative risk analysis.
  • Ensure cost estimates are aligned with project schedules to produce accurate cost phasing and cash flows.
  • Support change control processes by producing updated baseline estimates when required.

Tools, Data & Continuous Improvement

  • Maintain and develop cost estimation tools, models, and techniques.
  • Manage the creation, maintenance, and operation of cost models.
  • Identify, source, and manipulate data from multiple inputs, applying appropriate normalisation techniques.
  • Stay informed on industry best practice and embed improvements into organisational processes.
  • Support development of scenario management systems for recording and comparing scenario cost estimates.

Supply Chain & Procurement Support

  • Procure and manage external cost estimating and modelling support services.
  • Work collaboratively with Procurement to assess the quality of supplier bids and cost estimates.
  • Ensure supply chain cost information is robust, consistent, and aligned with organisational standards.

Business Support & Risk Management

  • Provide cost estimating expertise to support value‑for‑money assessments and site‑specific evaluations.
  • Manage information appropriately and ensure compliance with governance requirements.
  • Oversee budget and procurement management for the estimating function.
  • Identify and manage risks associated with estimating processes, tools, and outputs.
Date Posted