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 ModelRiskTM). 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) #J-18808-Ljbffr