Estimation Engineer (225-1015)

An Estimation Engineer plays a critical role in the planning and execution of engineering projects, ensuring their financial and technical feasibility. This position involves developing accurate cost estimates and budgets based on detailed analyses of project plans, specifications, and scope of work. Estimation Engineers collaborate with project managers, architects, and stakeholders to ensure that cost forecasts align with project requirements and strategic goals. They employ their technical knowledge and understanding of construction methodologies to interpret blueprints and assess labor, material, and equipment needs. A strong aptitude for analytics, problem-solving, and communication is essential for this role, as estimation engineers provide valuable insights that influence decision-making and project success.

Responsibilities

• Analyze project plans and specifications for accurate cost estimations.
• Collaborate with project managers and architects to establish project requirements.
• Develop and maintain detailed project cost estimates and budgets.
• Use specialized software to prepare and present cost analysis reports.
• Evaluate and compare supplier and vendor quotes to ensure cost-efficiency.
• Monitor cost trends and propose adjustments to project stakeholders.
• Conduct risk analysis and provide mitigation recommendations for cost impacts.
• Review and update estimations based on market changes and new data.
• Coordinate with procurement to ensure alignment of estimation with project needs.
• Prepare comprehensive project budget breakdowns for client presentations.
• Track project expenses against established budgets to identify variances.
• Continuously improve estimation techniques through training and feedback.

Requirements

• Bachelor’s degree in engineering, construction management, or related field.
• Minimum of three years experience in cost estimation or a similar role.
• Proficiency in estimation software and advanced spreadsheet skills.
• Strong analytical skills with excellent attention to detail and accuracy.
• Exceptional communication skills, both written and verbal, for various audiences.
• Ability to work both independently and as part of a collaborative team.
• In-depth understanding of construction methodologies and materials costs.