Cost Estimation Engineer

Job Description

We are looking for a Cost Estimation Engineer for one of our clients with the following details:

Contract Duration: 24 months

• Cost Estimation & Analysis Involves calculating the expected costs of a project, including materials, labour, equipment, and overhead.
• Measuring and listing all the materials and labour quantities required for a project, based on drawings and specifications.
• planning the overall financial resources of a project and assigning costs to different parts of the project and tracking them throughout the execution phase
• Preparing cost proposals and bids for submission to clients or for internal approvals with includes pricing, BOQs, technical documentation, and compliance with RFT.
• Monitoring actual costs vs. the budget, while forecasting involves predicting future costs based on current progress and trends.
• Improve value by analysing functions and finding cost-effective alternatives without compromising quality or performance
• Assisting in preparing contract documents and supporting the procurement team with cost data and technical evaluations of vendors/suppliers
• Strong Analytical & Communication Skills
• Break down complex cost data, identify trends, and solve budgeting or estimation problems.
• Explain estimates, defend budgets, and collaborate with engineers, vendors, and clients effectively.

Qualification and Experience Required:

• Bachelor&aposs degree in Engineering from reputed university.
• Master degree or MBA and UAE experience will be given preference.
• Relevant Experience (7+ Years) Minimum years
• Minimum 5+ years of Cost Estimation & Cost Controls experience, in the oil and gas industry is required
• MS Office
• AutoCAD
• Project Standards