Estimation Engineer

3 weeks ago

Mumbai, Maharashtra, India Mangalam Placement Pvt Ltd. Full time
Job Description

Key Responsibilities:

Cost Estimation and Budgeting:

Develop accurate and comprehensive cost estimates for piping projects, including

material, 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 potential

cost-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 and

completeness of tender submissions.

Coordinate with suppliers and subcontractors to obtain competitive pricing and reliable

quotes.

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 as

needed.

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 and

reliability.

Maintain relationships with key suppliers and ensure competitive pricing agreements.

Liaise with subcontractors to manage cost proposals and track their progress on specific

project segments.

Technical Support and Collaboration:

Collaborate with design engineers, project managers, and construction teams to ensure

cost-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 compromising

quality 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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