Estimation Engineer 18N25

An Estimation Engineer plays a crucial role in the planning and execution stages of industrial and construction projects. They are responsible for analyzing project requirements and calculating the costs involved in material, labor, and time to aid project managers in creating feasible budgets. These professionals use their engineering expertise to provide accurate estimations that ensure projects remain financially viable while maintaining quality standards. Estimation Engineers must be well-versed in industry trends, cost-effective materials, and efficient construction methods. They often collaborate with architects, contractors, and other engineers to review blueprints and data, ensuring every detail is accounted for. Their role is pivotal in minimizing financial risks and optimizing resources effectively, directly impacting the project's success.

Responsibilities

• Analyze project requirements to determine the financial scope and constraints.
• Collaborate with architects and project managers to review blueprints for accuracy.
• Prepare comprehensive cost estimates to guide project budgeting decisions.
• Utilize engineering principles to ensure accurate and reliable estimations.
• Identify potential areas for cost savings without compromising quality.
• Research and source cost-effective materials and construction methods.
• Maintain up-to-date industry knowledge to integrate modern estimation practices.
• Coordinate with contractors to evaluate labor costs and overheads.
• Review past projects to refine estimation techniques and strategies.
• Develop detailed documentation and reports to support cost analysis decisions.
• Communicate effectively with stakeholders to discuss estimation findings.
• Update estimation models to reflect changing market conditions and pricing trends.

Requirements

• Bachelor’s degree in Engineering, Construction Management, or related field required.
• Proven experience in project cost estimation within the construction industry.
• Strong analytical skills and attention to detail for precise calculations.
• Proficiency in estimation software and statistical analysis tools is essential.
• Excellent communication skills to work collaboratively with multiple teams.
• Ability to interpret complex blueprints and project specifications accurately.
• Up-to-date knowledge of industry trends and material costs vital for success.
• Adept at problem-solving and strategic thinking in dynamic environments.