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)
Describes the importance of cost estimation to complete a project.
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Level 2 Behaviors
(Light Experience)
Assists in performing cost estimations to optimize efficiencies for contracting.
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Level 3 Behaviors
(Moderate Experience)
Determines cost trends to drive cost reduction and process improvement efforts.
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Level 4 Behaviors
(Extensive Experience)
Oversees the overall cost estimation for the development and execution of engineering projects.
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Level 5 Behaviors
(Mastery)
Designs modern and advanced process operational models for end-to-end cost estimation and reduction.
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Skill definition-Managing and implementing requests to change an existing function, process, system, or product.
Level 1 Behaviors
(General Familiarity)
Describes the application of change control software and databases to production.
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Level 2 Behaviors
(Light Experience)
Gathers information about change management plans and roadmaps for the execution of new control methods.
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Level 3 Behaviors
(Moderate Experience)
Partners with teams across departments to ensure active engagement in change control.
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Level 4 Behaviors
(Extensive Experience)
Implements improvements to the overall document control and change management process.
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Level 5 Behaviors
(Mastery)
Develops procedural implementation and change management processes with executives to ensure proper control governance.
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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)
Describes the process of enterprise resource planning in managing daily business processes.
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Level 2 Behaviors
(Light Experience)
Identifies operational issues associated with the transition to the ERP Cloud system.
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Level 3 Behaviors
(Moderate Experience)
Leverages ERP workflow technology to automate business processes.
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Level 4 Behaviors
(Extensive Experience)
Monitors daily reporting of ERP across multiple channels to improve overall data compliance and reliability.
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Level 5 Behaviors
(Mastery)
Designs workflow and configurations to facilitate the integration of ERP systems with other applications.
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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 different purposes and uses of our organization's budgets.
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Level 2 Behaviors
(Light Experience)
Produces budget reports showing planned vs. actual variances highlighted and explained.
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Level 3 Behaviors
(Moderate Experience)
Reviews and helps approve major budget adjustments to negotiate and reconcile line variances.
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Level 4 Behaviors
(Extensive Experience)
Monitors budgeting processes to ensure adherence to our organization's financial practices and standards.
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Level 5 Behaviors
(Mastery)
Establishes operating procedures to guide the consistency and repeatability of our budgeting processes.
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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)
Documents best practices in planning and organizing work to address important tasks.
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Level 2 Behaviors
(Light Experience)
Discusses the positive and negative outcomes of planning and organization in the workplace.
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Level 3 Behaviors
(Moderate Experience)
Helps set up new practices to anticipate and address the needs of planning and organization initiatives.
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Level 4 Behaviors
(Extensive Experience)
Facilitates the adoption of advanced tools to streamline the process of planning and organization.
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Level 5 Behaviors
(Mastery)
Develops best practices in planning and organizing activities to improve organizational efficiency.
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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.