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Cost Estimation Engineer

30+ days ago 2024/05/04

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Job Description

  • Utilize industry-standard software and tools to create detailed cost breakdowns and proposals, presenting findings to stakeholders in a clear and understandable manner, and offering insights into potential cost-saving opportunities or value engineering alternatives.
  • Participating in project bid assessments, client interactions, and post-project evaluations, harnessing your expertise to provide guidance on cost-related matters, evaluate deviations from projected costs, and contribute to the organization's endeavors to refine overall cost estimation practices and project profitability.
  • Engaging in evaluations of project bids, client engagements, and post-project reviews, leveraging your expertise to offer counsel on matters pertaining to costs, analyze deviations from projected expenditures, and contribute to the organization's initiatives aimed at enhancing overall practices of cost estimation and project profitability.
  • Examining project details and architectural designs meticulously to formulate precise cost estimates for diverse engineering and construction ventures, while upholding financial targets.
  • Regularly updating and surveilling cost databases to mirror the freshest developments in market trends, price changes, and regulatory revisions, ensuring the precision and credibility of cost assessments during all phases of projects.
  • Scrutinizing project specifications and architectural sketches to derive meticulous cost evaluations, guaranteeing alignment with financial goals and budgetary constraints.

Skills

  • Extensive knowledge of industry-specific cost factors, materials, labor rates, and market trends to develop precise cost models that support informed decision-making during project planning and execution.
  • In-depth familiarity with industry-tailored cost influencers, materials, labor pricing, and market tendencies, enabling the creation of meticulous cost frameworks that underpin well-informed choices throughout project conception and implementation.
  • Exceptional analytical prowess combined with the competence to assess intricate technical specs, blueprints, and project mandates to ascertain the best-suited cost-efficient resolutions.
  • Outstanding communication proficiencies to foster collaboration among cross-functional teams, project managers, and clients, securing agreement on cost projections and sustaining transparency through every phase of the project's life cycle.
  • Capable of expertly employing state-of-the-art cost estimation methodologies and software utilities to meticulously evaluate project costs and offer all-encompassing cost delineations for engineering schemes.
  • Proficient at harnessing advanced cost estimation approaches and software applications to accurately appraise project outlays and furnish comprehensive cost breakdowns for engineering initiatives.

Job Details

Job Location
Dammam Saudi Arabia
Company Industry
Construction & Building
Company Type
Employer (Private Sector)
Job Role
Engineering
Employment Type
Full Time Employee
Monthly Salary Range
Unspecified
Number of Vacancies
1

Preferred Candidate

Residence Location
Saudi Arabia
Gender
Male
Age
Max: 48
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