Senior Cost Estimation Engineer
Bilfinger Middle East
Date: 3 weeks ago
City: Abu Dhabi
Contract type: Full time
In the Middle East, Bilfinger is one of the leading service providers of engineering and consultancy services, project management, construction, maintenance O&M and life cycle services. We enhance the efficiency of our client’s assets, ensure a high level of availability and reduce maintenance costs. With our 4.000 employees, we are a leading German corporation where engineering excellence, safety and quality are part of our DNA. With four entities in the Middle East (Bilfinger Tebodin Middle East, Bilfinger Deutsche Babcock Emirates, Babcock Borsig Service Arabia, Babcock Borsig Steinmüller Kuwait) and over 10 offices across the region, we offer job opportunities that allow you to utilize all your knowledge and experience. Are you looking for a chance to put your skills to their best-possible use? Then we have what you are looking for!
Job Profile: Senior Cost Estimation Engineer
As a Senor Cost Estimation Engineer, you will be responsible for performing comprehensive cost analyses and financial evaluations across all project phases, including Feasibility study and concept and Define stage of the projects. Should have proficiency in economic analysis – NPV, IRR & Life cycle cost saving etc.,
Familiar with Classifications of Cost estimate, ADNOC cost estimation guidelines, and standards.
Key Responsibilities:
Cost Estimation:
Any applicant must be aware that the selection of candidates is at the sole discretion of the employer. Applicants will not receive any communication unless they are selected for an interview. Only applicants that have responded to vacancies through the online form will be considered.
Job Profile: Senior Cost Estimation Engineer
As a Senor Cost Estimation Engineer, you will be responsible for performing comprehensive cost analyses and financial evaluations across all project phases, including Feasibility study and concept and Define stage of the projects. Should have proficiency in economic analysis – NPV, IRR & Life cycle cost saving etc.,
Familiar with Classifications of Cost estimate, ADNOC cost estimation guidelines, and standards.
Key Responsibilities:
Cost Estimation:
- Prepare detailed cost estimates for various project phases, including feasibility, concept and define stage for All Classes
- Conduct CAPEX with detailed breakdown cost for each task in the WBS and OPEX analyses to evaluate project costs.
- Proficient in estimating ball park cost for major equipment across diverse disciplines, demonstrating a comprehensive understanding of cost estimation in various project contexts.
- Calculate Net Present Value (NPV) to assess project profitability.
- Determine annual life cycle savings costs for projects.
- Evaluate investment viability through IRR (Internal Rate of Return) calculations.
- Assess GHG emissions and GHG abatement costs for sustainability considerations.
- Conduct sensitivity analysis to identify the impact of changes in assumptions on costs.
- Consider potential economic risks and their impact on the project.
- Float inquiries to suppliers/vendors and review offers.
- Conduct meetings with relevant discipline engineers to gather technical information.
- Prepare the cost estimation plan & methodology
- Prepare the detailed Cost estimation report as per the Client requirements and guidelines.
- Prepare the report based on a recommendation on the economic analysis.
- Develop procedures for preparing estimates for green field, brownfield, onshore and offshore Hydrocarbon/Power/Infrastructure & Industrial projects.
- Examine the scope of work, PFD, plot plan, detailed drawings and project schedule to comprehend the project's scope, essential information for preparing an accurate cost estimate.
- Validate and verify estimates using high-level norms, comparing with previous estimates, outcome costs, and vendor prices.
- Identify risks and set contingency plans for each stage cost estimate.
- Obtain budget quotations from material and equipment vendors and evaluate their costs.
- Develop and maintain a comprehensive cost estimation database.
- Participate and provide options for cost reduction during value engineering session.
- Attend workshops with Client and support in CAPEX/OPEX Estimation reviews
- Monitor changes in market prices and advancements in work tools within the technical domain.
- Analyse developments to ensure an optimum level of knowledge and estimate costs for future projects
- Preferably a member of a professional Cost Estimation Association
- Knowledge of relevant software for Engineering Consultancy Cost Estimation
Any applicant must be aware that the selection of candidates is at the sole discretion of the employer. Applicants will not receive any communication unless they are selected for an interview. Only applicants that have responded to vacancies through the online form will be considered.
How to apply
To apply for this job you need to authorize on our website. If you don't have an account yet, please register.
Post a resumeSimilar jobs
Senior GeoINT Specialist
FADA,
Abu Dhabi
13 hours ago
About The OpportunityFADA is seeking a visionary and highly skilled Senior GEOINT Specialist to lead the development, integration, and delivery of a next-generation geospatial imagery and intelligence platform. This pivotal role spans from translating mission priorities into concrete system behaviors to shaping how the platform is engineered, deployed, and evolved over time.This hands-on role combines deep domain expertise in satellite...
Crew Performance Officer
Etihad,
Abu Dhabi
16 hours ago
SynopsisResponsible for handling all aspects of Cabin Crew operational functions ensuring effective operational performance in accordance with Etihad standards and all legal and regulatory requirements.The Job Holder will deputize for Manager Cabin Crew operations in his/her absence.Accountabilities1 Manages shift in accordance with all agreed operating procedures and internal processes to ensure effective operational performance2 Identifies and resolves key issues in...
Interior Designer (Retail F&B )
Joud Coffee,
Abu Dhabi
1 day ago
Job DescriptionAbout the roleJoin Joud Coffee’s Projects & Development team to shape beautiful, high-performing café interiors. You’ll take designs from concept through IFC, own the spec/FFE book, coordinate with MEP/kitchen and vendors, and support site through shop-drawing reviews and mock-ups—protecting brand intent, cost, and timelines.What you’ll doTranslate briefs into concept decks: mood boards, palette, materials, lighting intent, and brand cues.Space...