Senior Cost Estimation Engineer
Initiates, develops and maintains cost estimating system, and related procedures for Engineering projects. Develops database derived from in house experience, historical project data, regular reviews of a wide range of unit cost rates, , Engineering consultancy, equipment and bulk materials, transport, freight, insurance, equipment rental, labor and construction contract unit cost data etc. Reviews and assesses relevant cost data extracted from cost estimating manuals, tenders, technical literature, regional and international norms and indices and assesses cost implication of revisions to local government and labor laws and Company policies and regulations. Develops appropriate procedures for providing information and for the updating of data bank.
Skills: Develops check estimates for construction tender appraisals by review of tender documents and pricing of bills of quantities and schedule of rates for labor, equipment rental, man hours etc. Participates on request, in the commercial evaluation of bids. Provides written summary analysis of bids with recommendation of the economic soundness and relevance to the project related activity to be undertaken.
Carries out various cost/economic studies alone or as part of a review team. Such studies include feasibility studies, optimization reviews, profitability analysis including projected rate of return) risk analysis and long term financial planning exercises.
Plans and participates in the ongoing training and development of assigned UAE national employees. Includes assessing employees training and development needs, directing the preparation of structured development / familiarization programs. Monitoring and reporting on progress and counseling employees as required.
Carries out other similar related duties such as reviewing and developing unit cost data, cost estimates and cost estimating procedures and formats; preparing ruotine and ad hoc activity reports; etc.
Years of Experience: Min. 7
Degree: Bachelor's degree / higher diploma