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Omega 365 Consulting in Norway seeks a Cost Estimator to prepare accurate estimates for projects, tenders, and service deliveries, supporting growth and profitability with rigorous cost assessments, risk identification, and alignment with technical and commercial requirements.
You will collaborate with Project Managers, Engineers, Procurement, Finance, and Operations, develop cost breakdown structures, evaluate supplier quotations, and assist in pricing strategies and bid decisions while
Omega 365 Consulting is a leading supplier of highly skilled project personnel in the oil and gas,renewable energy, and infrastructure sectors. We offer a wide range of consultant assignments,featuring many of the most exciting projects in Norway and internationally.
Details
Assignment Description
The Cost Estimator is responsible for preparing accurate, timely, and competitive cost estimates for projects, services, and tenders. The role supports business growth, project planning, and financial performance by providing reliable cost assessments, identifying risks and opportunities, and ensuring alignment with technical, commercial, and operational requirements.
Cost Estimation and Tender Support
Prepare detailed cost estimates for projects, tenders, maintenance contracts, and service deliveries.
Analyze technical specifications, scope documents, drawings, and client requirements.
Develop cost breakdown structures and pricing models.
Evaluate quotations from suppliers, subcontractors, and internal stakeholders.
Ensure all estimates are complete, accurate, and submitted within required deadlines.
Maintain estimating databases, cost libraries, and historical cost records.
Commercial and Financial Analysis
Evaluate project profitability, risks, and commercial assumptions.
Identify cost-saving opportunities and optimization initiatives.
Support pricing strategies and bid/no-bid decisions.
Participate in financial reviews and estimate validation processes.
Monitor market trends, labor rates, material costs, and supplier pricing
Stakeholder Collaboration
Work closely with Project Managers, Engineers, Procurement, Finance, and Operations teams.
Participate in clarification meetings, tender reviews, and project handover activities.
Provide cost-related advice during project planning and execution.
Support management with budget forecasts and scenario
Qualifications
Strong understanding of cost estimating processes, methodologies, and best practices.
Advanced numerical, analytical, and problem-solving skills.
Knowledge of product, equipment, and manufacturing cost structures.
Advanced proficiency in Microsoft Excel.
Good understanding of project lifecycle stages and project execution models.
Experience with estimating software, ERP systems, and Microsoft Office applications.
Knowledge of procurement processes, contract structures, and commercial evaluations.
Minimum 3 years of relevant experience in cost estimation, tendering, project controls, commercial management, or related disciplines.
Experience preparing estimates for engineering, EPC, industrial, energy, or process industry projects.
Strong understanding of project execution, procurement, and cost management principles.
Experience supporting tender submissions, commercial evaluations, and project budgeting activities.
Experience working with ERP systems, estimating software, and project management tools.
Bachelor’s degree in engineering, Construction Management, Quantity Surveying, Finance, Business Administration, or related discipline.
Relevant professional certifications within estimating, project controls, or commercial management are considered an advantage.
Strong analytical and problem-solving abilities.
High attention to detail and accuracy.
Strong communication and stakeholder management skills.
Ability to work independently and manage multiple priorities.
Proactive, structured, and results-oriented mindset.
Strong collaboration and teamwork skills.
Ability to work effectively under pressure and meet deadlines.
Provides cost estimating recommendations and commercial input to support decision-making.
Personalized, hands-on support from our dedicated Omega 365 team members
Collaboration with one of Norway's most prestigious consultant firms
Guidance from experienced department managers, facilitating the development of your project expertise
Internal visa assistance and expert advice for EEA/expat consultants
Excellent opportunities to expand your professional network through project involvement and social gatherings
Exclusive benefits including access to holiday houses and cabins in picturesque locations such as Hovden, Hemsedal, Geilo, Hafjell, Oppdal, Voss, Vågsli, Sirdal, Gran Canaria, and Thailand
Diverse offerings of events including concerts and exciting excursion, both in Norway and abroad. We unveil attractive new trips exclusively for our employees every year.