Estimation Engineer

3 weeks ago

Hyderabad, Telangana, India Mangalam Placement Pvt Ltd. Full time

Key Responsibilities: Cost Estimation and Budgeting: Develop accurate and comprehensive cost estimates for piping projects, includingmaterial, labor, equipment, and overhead costs. Utilize industry-standard estimating software and tools to prepare detailed cost reports. Analyze project drawings, specifications, and other documentation to identify potentialcost-saving opportunities. Review and update cost estimates based on changes in project scope or specifications.Tender and Proposal Preparation: Prepare technical and commercial proposals for bidding on piping projects. Collaborate with the project team and other departments to ensure the accuracy andcompleteness of tender submissions. Coordinate with suppliers and subcontractors to obtain competitive pricing and reliablequotes. Provide technical clarification and support during the bidding and negotiation phase.Project Analysis and Risk Assessment: Conduct cost analysis and identify risks associated with the project execution phase. Monitor cost performance during the project lifecycle and suggest corrective actions asneeded. Prepare cost tracking reports and forecast potential budget overruns. Assess and review change orders, including cost impact analysis.Supplier and Subcontractor Management: Evaluate and select suppliers and subcontractors based on cost-effectiveness andreliability. Maintain relationships with key suppliers and ensure competitive pricing agreements. Liaise with subcontractors to manage cost proposals and track their progress on specificproject segments.Technical Support and Collaboration: Collaborate with design engineers, project managers, and construction teams to ensurecost-effective solutions during the design and construction phases. Participate in project meetings to provide cost-related insights and updates. Assist in value engineering efforts to find cost-effective methods without compromisingquality and safety standards.Reporting and Documentation: Maintain accurate and up-to-date records of all cost estimation documentation. Prepare detailed cost analysis reports and present findings to project stakeholders. Document and track lessons learned for future project cost estimation and planning.

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