Cost Estimation Engineer, GRC

August 11, 2024

RECAFCO

FULL TIME

Duties and responsibilities

Prepare Estimate budget for the projects.
Analyze drawings and other documentation to prepare time, cost, materials, and labor estimates based on budget and determine the cost involved to launch such a project.
Assess cost effectiveness of the projects, tracking actual costs relative to the budget.
Coordinate with purchasing on current market prices.
Continuously monitor the project costs against the purchase order and became aware of all trends that may affect the project current budget.
Obtain proposals, specifications and related documents and liaise with all concerned departments in order to convert specifications to cost estimates.
Utilize cost methodologies and tools and appropriate software models and packages to prepare and maintain reliable and accurate data.
Control variations to work scope, and estimate total cost of variations including man-hours, labor cost, equipment and material costs, fabrication, construction and all other direct and indirect expenditures.
Liaise with project Managers and planning/scheduling engineers to ascertain and agree progress for current and future invoicing submittals during execution.
Attend all project review meetings to present any trends, potential scope changes, requests for adjustment orders and all other matters concerning the welfare of the project’s budget.
Ensure correct authorization for reimbursable expenditures, if applicable. To be welfare of, and identify potential back charges presented by subcontractors.
Prepare and maintain a directory of suppliers, contractors and subcontractors.