- Develop accurate cost estimates for engineering projects based on project requirements, scope, and specifications.
- Collaborate with project managers, engineers, and other stakeholders to gather necessary information for cost estimation.
- Analyze project plans, drawings, and specifications to identify materials, labor, and equipment requirements.
- Research and gather data on material costs, labor rates, and subcontractor pricing to ensure cost estimates are comprehensive and competitive.
- Utilize cost estimation software and tools to create detailed cost breakdowns and pricing models.
- Incorporate factors such as inflation, market trends, and regulatory requirements into cost estimates.
- Review and validate cost estimates for accuracy and completeness.
- Present cost estimates to project stakeholders and management, providing clear explanations and justifications for proposed costs.
- Participate in bid reviews and negotiations with vendors, subcontractors, and clients to ensure cost competitiveness and alignment with project budgets.
- Update and revise cost estimates as project details evolve or change, ensuring that estimates remain current and accurate throughout the project lifecycle.
- Collaborate with the cost control team to monitor actual project costs and compare them to estimated costs, identifying any variances and providing recommendations for cost optimization.
Bachelor's degree in Engineering, Construction Management, or related field.Proven experience in cost estimation, preferably in the engineering or construction industry.Strong analytical skills and attention to detail.5 to 12 years of experience.Excellent communication and interpersonal skills.