SC Cleared Cost Estimator

Location:

Remote but willing to attend meetings in Bristol

Duration: 12 months

We are currently looking for an experienced Cost Estimator to work on a contract basis for one of our defence clients. The role can be performed on a Remote basis but there is a need to attend some meetings in Bristol.

Requirements of the role:

• The individual will be required to support a variety of cost analysis and cost modelling activities.
• Working with Project Managers and Finance staff to develop robust cost forecasts for their projects,
• Utilise the mandated tools available such as the Cost Capture Workbook (CCWB) and CAAS-owned CRBS Cost Model.
• Assist with Allowable Cost Reviews of single-source bids from industry.
• Perform Verification and Validation (V&V) of cost models and spreadsheets.
• Produce clear and concise reports summarising major activity (e.g. ACRs and V&V).

Specific skills:

• SC Cleared
• Verification & Validation (V&V) experience – Critical examination of cost models for function and robustness of estimates. CAAS V&V Standards will need to be followed.
• Cost model development skills (in Excel) – ability to generate (and analyse others’) cost models in accordance with Best Practice.
• Critical analysis of costs being used by Project Managers in their estimates (and to assist with improving estimate robustness).
• Understanding Monte-Carlo simulation techniques and application of appropriate software tools (Vose Model
  
  RiskTM).
• Where to find and how to apply indices such as Foreign Exchange (FOREX), VAT and Inflation.
• Appropriate and proportionate use of correlation in a cost model
• Correct handling and reporting of Risks in modelling,
• Understanding of RiC and RoC and how to extract them from modelled outputs.
• Application of Optimism Bias.
• Understanding of implications (and application) of MOD instructions such as JSP 507, JSP 655.
• Perform the Lead role for the Cost Estimation which includes:
• Support to the other Cost Estimation staff,
• Direct liaison with the Authority Lead on direction and priorities,
• Focal point for the Cost Estimation
• Completion and submission of the Monthly report for Cost Estimation.
• Experience in ACRs / Price Investigations on Single-Source bids.

Location:
Remote (Occasional meetings in Bristol)