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Airswift

Project Estimating Lead

Calgary, AB, Canada

Contract

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Job details

Job type: Contract
Apply by: Nov 4, 2026
Experience: 10+ years of project estimating experience.
Posting language: English
Posted: Oct 5, 2026

Original job description

Position Summary

The Project Estimating Lead is responsible for leading the development, validation, and management of capital cost estimates throughout the project lifecycle, from concept selection and business case development through detailed engineering and execution. The role provides estimating leadership across a portfolio of projects, ensuring estimates are accurate, benchmarked, risk-adjusted, and aligned with industry best practices.

The Project Estimating Lead serves as the organization's subject matter expert for project estimating methodologies, cost benchmarking, estimating tools, and estimate assurance processes. The position works closely with Project Managers, Engineering, Procurement, Construction, Finance, and external contractors to support investment decisions and successful project delivery.

Key Responsibilities

Estimating Leadership

Lead the development of conceptual, screening, Class VI through Class III cost estimates for capital projects.
Establish estimating strategies, assumptions, methodologies, and execution plans.
Manage and mentor estimating professionals and contract estimators.
Provide estimating governance and quality assurance across the project portfolio.
Promote standardization of estimating processes, tools, and reporting practices.

Cost Estimate Development

Develop a detailed estimate development plan
Prepare comprehensive estimates covering: Engineering, tagged Equipment, Bulk materials, Fabrication, Construction labor, Subcontracts, Indirect costs, Owner's costs, Escalation, and Contingency
Review engineering deliverables and project scope documents to develop estimated quantities and manhours.
Perform quantity take-offs and validate contractor submissions.
Develop estimate basis documents and estimate backup documentation.
Ensure all assumptions, exclusions, and risks are clearly defined.

Benchmarking & Cost Intelligence

Develop and maintain historical cost databases and benchmarking metrics.
Analyze market trends, labor rates, productivity factors, commodity pricing, and contractor pricing strategies.
Identify cost drivers, trends, and opportunities for optimization.
Develop cost benchmarking ratios and estimate performance metrics.
Leverage lessons learned from completed projects to improve future estimate accuracy.

Risk & Opportunity Management

Lead estimate risk assessments and contingency development.
Identify estimating uncertainties, execution risks, and market impacts.
Support probabilistic estimating, Monte Carlo analysis, and confidence level assessments where applicable.
Develop mitigation strategies and value improvement opportunities.
Support value engineering and constructability reviews.

Contractor & Vendor Engagement

Coordinate bid requests and estimating information packages.
Review contractor and vendor quotations for completeness and competitiveness.
Evaluate subcontractor and supplier proposals.
Support procurement strategy development.
Participate in bid evaluations and commercial assessments.

Project Development Support

Support business case development, AFEs, and capital approval submissions.
Support project stage-gate reviews.
Provide estimate updates as the project scope matures.
Support project scheduling, forecasting, and capital planning activities.
Present estimate findings and recommendations to project sponsors and senior leadership.

Continuous Improvement

Develop and maintain estimating procedures, standards, and templates.
Improve estimating tools and digital solutions.
Implement industry best practices from AACE International and major capital project organizations.
Conduct estimate audits and estimate quality reviews.
Drive estimating capability development across the organization.

Qualifications

Education

Bachelor's degree in:
Engineering
Construction Management
Quantity Surveying
Project Management
Business or related discipline
Professional Certifications (Preferred)
AACE Certified Cost Professional (CCP)
AACE Certified Estimating Professional (CEP)
PMP Certification
Professional Engineer (P.Eng.) designation considered an asset.

Experience

Required

10+ years of project estimating experience.
5+ years leading estimates for major capital projects.
Experience across project development and execution phases (i.e., Stage 1 to stage 4)
Experience in energy, midstream, oil & gas, utilities, and petrochemical.
Experience managing contractor-generated estimates and estimate validations.

Technical Skills

Advanced cost estimating methodologies.
Quantity takeoffs and productivity analysis.
Cost database development.
Benchmarking and market intelligence.
Risk-based estimating.
Contingency analysis.
Cash flow forecasting.
Schedule integration.
Value engineering.
Estimate assurance reviews.

Software

EcoSys
Microsoft Excel (Advanced)
Power BI

Leadership Competencies

Strategic thinking
Business acumen
Decision making
Influence without authority
Stakeholder management
Collaboration
Coaching and mentoring
Continuous improvement mindset
Strong communication and presentation skills
Ability to challenge assumptions using data-driven analysis.

Apply About employer

More about this job

Responsibilities

Lead the development, validation, governance, and assurance of capital project cost estimates across project stages, while managing estimating professionals and standardizing estimating practices. Provide benchmarking, risk and contingency analysis, contractor and vendor evaluation, and investment decision support, and present estimate findings to project leadership.

Requirements

Requires a bachelor's degree in engineering, construction management, quantity surveying, project management, business, or a related discipline, and 10 or more years of project estimating experience, including at least five years leading estimates for major capital projects. Requires experience across project development and execution, preferably in energy or related industries, with advanced estimating, benchmarking, risk analysis, and estimate assurance capabilities; AACE certifications and PMP are preferred.

Skills

Capital Cost Estimating
Estimate Development
Quantity Takeoffs
Cost Benchmarking
Cost Database Development
Risk-Based Estimating
Contingency Analysis
Monte Carlo Analysis
Cash Flow Forecasting
Schedule Integration
Value Engineering
Estimate Assurance
Contractor and Vendor Evaluation
Project Stage-Gate Support
Cost Intelligence
Estimating Team Leadership

Visa sponsorship

Not detected in the job text

Keywords

Capital Cost Estimates
Conceptual Estimates
Class VI Estimates
Class III Estimates
Estimate Basis Documents
Quantity Takeoffs
Cost Benchmarking
Historical Cost Databases
Market Intelligence
Risk-Based Estimating
Monte Carlo Analysis
Contingency Development
Value Engineering
Constructability Reviews
Contractor Estimates
Vendor Quotations
Procurement Strategy
Stage-Gate Reviews
Capital Planning
Estimate Audits
AACE International
AACE Certified Cost Professional
AACE Certified Estimating Professional
PMP
EcoSys
Microsoft Excel
Power BI
Energy
Midstream
Oil and Gas

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