4 hard skills or competencies (industry competencies) for Estimating Director
Skill definition-Forecasting costs and resources to complete a project within a defined scope.
Level 1 Behaviors
(General Familiarity)
Explains the differences between cost estimation and project quotation.
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Level 2 Behaviors
(Light Experience)
Uses project cost estimating tools to track budgets in real time.
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Level 3 Behaviors
(Moderate Experience)
Works with the team in the development of a cost estimation model.
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Level 4 Behaviors
(Extensive Experience)
Reviews cost estimation at different levels of design stages.
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Level 5 Behaviors
(Mastery)
Leads the implementation of new strategies to optimize the cost estimation process.
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Skill definition-Managing and implementing requests to change an existing function, process, system, or product.
Level 1 Behaviors
(General Familiarity)
Explains how to conduct proper reasoning for the justification of changes.
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Level 2 Behaviors
(Light Experience)
Prepares documentation of change management risks, controls, and readiness for change initiatives.
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Level 3 Behaviors
(Moderate Experience)
Utilizes manufacturing process and workflow knowledge to guide the team through changes.
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Level 4 Behaviors
(Extensive Experience)
Reviews change controls conducted by the team to determine opportunities for control improvement.
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Level 5 Behaviors
(Mastery)
Monitors trends on change control to ensure compliance of organizational processes with GMP regulations.
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1 general skill or competency (Job family competency) for Estimating Director
Skill definition-Managing and integrating business processes with a single system through an ERP system software to eliminate redundancies and boost productivity.
Level 1 Behaviors
(General Familiarity)
Explains how to use the ERP system for multiple business processes of an organization.
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Level 2 Behaviors
(Light Experience)
Maintains accuracy of customer requirements and data in ERP system.
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Level 3 Behaviors
(Moderate Experience)
Manages daily ERP operations to ensure performance reliability of the ERP systems.
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Level 4 Behaviors
(Extensive Experience)
Provides training to stakeholders to streamline and improve ERP operations.
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Level 5 Behaviors
(Mastery)
Develops ERP implementation plans to manage business complexities and increase process efficiency.
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6 soft skills or competencies (core competencies) for Estimating Director
Skill definition-Applying specific policies, tools and practices to plan and prepare projected revenues, expenses, cash flows, and capital expenditures.
Level 1 Behaviors
(General Familiarity)
Explains the importance of budget reporting and forecasting in our workplace.
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Level 2 Behaviors
(Light Experience)
Supplies supporting information and justification for major line items.
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Level 3 Behaviors
(Moderate Experience)
Utilizes software tools and applications to forecast our annual budget accurately.
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Level 4 Behaviors
(Extensive Experience)
Provides in-depth training to our entire organization about the zero based budgeting methodology.
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Level 5 Behaviors
(Mastery)
Forecasts asset needs to leverage available inventory and data compilation for annual budgeting.
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Skill definition-Managing and prioritizing resources and workloads by creating well-organized plans to attain organizational goals and objectives.
Level 1 Behaviors
(General Familiarity)
Explains the importance of planning and organization in building a good working environment.
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Level 2 Behaviors
(Light Experience)
Identifies key implications of ineffective planning and organization that affects decision-making.
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Level 3 Behaviors
(Moderate Experience)
Leverages key performance indicators to measure progress completion against performance metrics.
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Level 4 Behaviors
(Extensive Experience)
Manages the planning and sequencing of activities to create well-planned schedules and achieve goals on time.
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Level 5 Behaviors
(Mastery)
Establishes standards for planning and organization processes to align efforts with business goals.
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Summary of Estimating Director skills and competencies
There are 4 hard skills for Estimating Director, Cost Estimation, Change Control, Materials Requirement Planning (MRP), etc.
1 general skills for Estimating Director, Enterprise Resource Planning (ERP).
6 soft skills for Estimating Director, Budgeting, Planning and Organizing, Coordination, etc.
While the list totals 11 distinct skills, it's important to note that not all are required to be mastered to the same degree. Some skills may only need a basic understanding, whereas others demand a higher level of expertise.
For instance, as a Estimating Director, he or she needs to be skilled in Budgeting, be skilled in Planning and Organizing, and be skilled in Coordination.