Estimation Engineer (225-903)

An Estimation Engineer is a crucial position in the engineering and construction industries, responsible for predicting the costs and resources required for projects. Their expertise allows organizations to plan financially and allocate resources effectively, ensuring projects are completed on time and within budget. With an in-depth understanding of project requirements, materials, labor, and timelines, Estimation Engineers are key to the successful initiation and execution of projects. These professionals work closely with project managers, architects, and contractors, providing insights that shape project feasibility and profitability. They must possess strong analytical skills, attention to detail, and a solid educational background in engineering or a related field.

Responsibilities

• Analyze project requirements and identify necessary resources for completion.
• Prepare detailed cost estimates by studying plans and specifications.
• Collaborate with project managers to establish project budgets and timelines.
• Conduct risk analysis to identify potential challenges and develop mitigation strategies.
• Evaluate suppliers’ proposals to cost and quality to support decision-making.
• Update estimates and forecasts to reflect changes in project scope.
• Coordinate with team members and stakeholders to align cost estimates with project goals.
• Prepare and present detailed reports on project costs and financial forecasting.
• Ensure compliance with industry standards and government regulations in all projects.
• Utilize estimation software to increase accuracy and efficiency in cost projections.
• Review past project performances to improve future estimation processes.
• Communicate effectively with clients and contractors to clarify cost-related queries.

Requirements

• Bachelor’s degree in engineering, construction management, or a related field.
• Minimum of three years of experience in estimation or related roles.
• Proficiency with estimation software such as Esticom, PlanSwift, or similar tools.
• Strong understanding of construction processes, materials, and labor costs.
• Excellent analytical skills and strong attention to detail and accuracy.
• Ability to work collaboratively in a team environment to achieve project goals.
• Strong communication and presentation skills to convey complex cost information.