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Cost Estimating & Risk Specialist

Aberdeen City
Posted about 10 hours ago
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Job Title: Cost Estimating & Risk Specialist

Location: Aberdeen

Duration: 12 Months

Day Rate: Competitive (basic rate + Holiday Pay (PAYE)

Hybrid Working: 2 to 3 Days onsite.

Main Purpose Of The Position

Provide accurate cost estimating and benchmarking services to support project development and execution.

  • Develop and maintain cost databases to enable effective benchmarking and trend analysis.
  • Collaborate with project teams to ensure estimates are comprehensive and reflective of market trends.
  • Enhance the accuracy of project cost forecasts and budgets through detailed analysis and reporting.
  • Support continuous improvement initiatives by developing and implementing best practices in estimating and benchmarking.

Critical Responsibilities

  • Safety Compliance: Ensure that all activities are carried out in a safe manner complying with all regulatory requirements, legislation, and Harbour Energy HSES Procedures.
  • Estimating Processes:
    • Develop and refine cost estimating methodologies and systems.
    • Produce detailed project cost estimates from conceptual through to detailed phases.
    • Ensure alignment of cost estimates with project schedules and execution strategies.
  • Benchmarking Analysis:
    • Maintain and update cost and quantity benchmarking databases.
    • Analyse project outcomes to establish benchmarks and improve future estimates.
    • Collaborate with industry forums to share and gather benchmarking insights.
  • Project Support And Collaboration:
    • Provide estimating support across various project stages and teams.
    • Participate in project risk assessments and contingency analysis.
    • Ensure seamless integration of estimating data with project management and control systems.
  • Training And Development:
    • Facilitate workshops and training sessions on cost estimating and benchmarking.
    • Mentor junior staff and colleagues in best practices and systems use.
    • Stay abreast of industry trends and technological advancements in estimating software and tools.

Reasons to use Rodeo

I’m in my final year doing Economics and I don’t know whether to apply for grad schemes now or do a masters first. What do you think?

Honest answer — it depends on where you want to end up. A lot of top grad schemes (Big 4, civil service, banking) don’t need a masters. Let’s look at the ones you’d be competitive for now, and we can decide if a masters actually adds anything.

Also worth knowing: most autumn 2026 applications are open now. Timing matters more than you think.

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Graduate Consultant — 2026 Scheme

PwC·London, UK
£35,000/yr

Why you're a good match

Strong

Your economics background and your summer at a regional bank line up with what PwC looks for on the consulting scheme. Applications close in four weeks.

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Why you're a good match

You’ve got the grades and the economics background, and your bank internship is exactly the experience this scheme looks for. Apply soon — deadlines close within the month.

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Experience fit

Your summer at the bank plus your econometrics coursework map directly to the day-one responsibilities on this scheme — client modelling, market briefings, and deal support.

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Critical Skills, Qualifications, Experience, Etc.

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Skills & Experience:

  • Expertise in cost estimating and benchmarking within the oil & gas or related industry.
  • Proficient in the use of estimating software and data analysis tools.
  • Strong analytical skills and attention to detail.
  • Ability to handle multiple projects and priorities in a fast-paced environment.
  • Collaborative approach to problem-solving and decision-making.
  • Excellent communication and interpersonal skills.
  • Strong organisational and project management abilities.
  • Proactive, self-motivated, and capable of working independently.
  • Commitment to ethical standards and high levels of integrity.
  • Adaptability to change and willingness to learn new skills.

Desired Qualifications

  • Bachelor's degree in relevant field; Higher degree (e.g., master's preferred)
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Skills

Cost Estimating
Benchmarking
Data Analysis
Project Management
Collaboration
Communication
Analytical Skills
Attention to Detail
Problem-Solving
Organizational Skills
Estimating Software
Industry Trends
Mentoring
Continuous Improvement
Risk Assessment
Contingency Analysis

Location

Aberdeen City, Scotland, United Kingdom

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