Estimation Engineer, Instrumentation (225-1009)

An Estimation Engineer in Instrumentation is a professional tasked with the responsibility of preparing accurate cost estimates for instrumentation projects. This involves analyzing project requirements, reviewing technical drawings, assessing the scope of work, and collaborating with engineering teams to ensure consistency between designs and estimated costs. The role is crucial for ensuring competitive bidding and financial feasibility of projects in industrial automation, manufacturing, or construction sectors, focusing on instrumentation systems. The Estimation Engineer is expected to possess a deep understanding of instrumentation technologies, cost structures, and project management processes to provide reliable estimates that help enhance profitability and project success. This requires profound technical expertise, excellent analytical skills, and the ability to communicate clearly and effectively with stakeholders.

Responsibilities

• Analyze project specifications and determine cost implications for instrumentation systems.
• Prepare detailed instrumentation project estimates using established methodologies and tools.
• Review technical drawings and documents to assess the scope and design consistency.
• Collaborate with project managers and engineers to align estimates with project goals.
• Identify potential cost-saving opportunities within the instrumentation project scope.
• Maintain a database of material costs, labor rates, and estimation tools for accuracy.
• Prepare and present estimation reports and findings to stakeholders for decision-making.
• Conduct risk analysis to anticipate potential challenges and mitigation strategies.
• Update cost estimates as project scopes and designs change over time.
• Benchmark estimates against historical data to ensure competitiveness and accuracy.
• Communicate effectively with procurement teams to align materials with cost assumptions.
• Participate in bid evaluations and provide expert opinions on cost-related matters.

Requirements

• Bachelor’s degree in Electrical, Instrumentation Engineering, or a related field required.
• Minimum of 3 years of experience in engineering estimation within instrumentation sector.
• Proficiency in estimation software tools and data analysis techniques is essential.
• Strong understanding of instrumentation systems, equipment, and industry standards.
• Excellent communication skills for interacting with technical and non-technical teams.
• Attention to detail and strong analytical skills are crucial for accurate estimations.
• Ability to manage multiple projects and deadlines in a fast-paced environment.