The Cost Estimation Engineer plays a crucial role in the heavy industry and metallurgy sector, focusing on accurately estimating project costs to ensure profitability and efficiency. This position requires a blend of technical expertise and analytical skills to assess project specifications, materials, labor, and other associated costs. The ideal candidate will have a strong background in engineering principles and experience in cost estimation processes, enabling them to contribute effectively to project planning and execution.
Responsibilities:
- Analyze project specifications and requirements to prepare detailed cost estimates.
- Collaborate with project managers and engineers to gather necessary data for accurate estimations.
- Conduct market research to identify current material and labor costs.
- Prepare and present cost reports and estimates to stakeholders.
- Monitor project costs throughout the lifecycle to ensure adherence to budget.
- Identify potential cost-saving opportunities and provide recommendations.
- Assist in the development of project schedules and timelines.
- Review and evaluate subcontractor bids and proposals.
- Maintain a database of historical cost data for future reference.
- Ensure compliance with industry standards and regulations in all cost estimation processes.
Preferred Candidate:
- Strong analytical and problem-solving skills.
- Excellent communication and interpersonal abilities.
- Proficiency in cost estimation software and tools.
- Detail-oriented with a high level of accuracy.
- Ability to work under pressure and meet tight deadlines.
- Team player with a collaborative mindset.
- Strong organizational skills and ability to manage multiple projects.
- Familiarity with construction and engineering practices.
- Adaptability to changing project requirements.
- Commitment to continuous professional development.
Skills
- Proficient in cost estimation software (e.g., Primavera, MS Project).
- Strong understanding of engineering principles and project management.
- Excellent mathematical and analytical skills.
- Ability to interpret blueprints and technical drawings.
- Knowledge of industry standards and regulations.
- Effective communication and presentation skills.
- Experience with budgeting and financial analysis.
- Strong negotiation skills with subcontractors and suppliers.