indeed
Cost Estimation Engineer
Dar Al Riyadh
KSA
Contract
Director
Onsite
Discovered 1 weeks ago
Cost estimation and cost engineeringInfrastructure, water, and dam projectsProject controlsCost build-ups and unit ratesBills of quantitiesBudgeting and cost forecasting
Free
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Ready to ScanKey skills for this role
Cost estimation and cost engineeringInfrastructure, water, and dam projectsProject controls
Key Skills for This Role
Cost estimation and cost engineeringInfrastructure, water, and dam projectsProject controlsCost build-ups and unit ratesBills of quantitiesBudgeting and cost forecasting
Full Job Posting
Key responsibilities
- Collect, validate, and organize historical, market, and project-specific cost data.
- Prepare conceptual, preliminary, detailed, and pre-tender estimates.
- Estimate civil, mechanical, hydraulic, electrical, instrumentation, and associated works.
- Analyze scopes, drawings, specifications, bills of quantities, and project schedules.
- Prepare resource-based cost build-ups and unit rates for labor, materials, equipment, subcontractors, and indirect costs.
- Prepare cost plans, cash-flow forecasts, expenditure profiles, and budget requirements.
- Compare estimated, budgeted, committed, and actual costs and analyze variances.
- Update forecasts, contingencies, escalation, allowances, and cost-risk assessments.
- Support value engineering and evaluate alternative materials, equipment, and execution methods.
- Review quotations, tenders, variations, claims, commercial proposals, and design changes.
- Maintain cost databases, estimating records, assumptions, exclusions, clarifications, and supporting documents.
- Coordinate cost information with Finance, Contracts, Procurement, Project Controls, consultants, contractors, and stakeholders.
Minimum requirements
- Bachelor's degree in Engineering from a recognized university.
- Minimum 12 years of experience in cost estimation, cost engineering, or project controls.
- Experience preparing estimates for infrastructure, water, dam, or asset-maintenance projects.
- Familiarity with mechanical, hydraulic, and pumping-system works.
- Strong experience analyzing drawings, specifications, work items, and bills of quantities.
- Experience preparing detailed unit rates and resource-based cost build-ups.
- Knowledge of budgeting, forecasting, variance analysis, and cost-risk assessment.
- Experience reviewing quotations, tenders, variations, claims, and commercial proposals.
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