Senior Engineer, Project Cost Estimation (Project Control Team (P&T))
ADNOC Group
Date: 2 hours ago
City: Abu Dhabi
Contract type: Full time
Job Purpose
Review and analyze project requirements, specifications, drawings and prepare detailed cost estimates. Conduct quantity take-offs and cost calculations for labor, materials, and equipment. Utilize cost databases and historical data to support estimation processes.
Key Accountabilities
Projects Cost Estimation
Review and analyze project requirements, specifications, drawings and prepare detailed cost estimates. Conduct quantity take-offs and cost calculations for labor, materials, and equipment. Utilize cost databases and historical data to support estimation processes.
Key Accountabilities
Projects Cost Estimation
- Prepare accurate and detailed cost estimates, including labor, materials, equipment, and subcontractor costs.
- Analyze project scope and identify potential risks and opportunities that may impact the cost estimate.
- Collaborate with project managers and engineers to develop and refine project plans and schedules.
- Provide professional expertise in the resolution of estimating problems and support project management and contracting personnel with bid analysis and contract negotiations.
- Identify and evaluate cost-saving measures and alternative materials or methods for projects.
- Present cost estimates to clients and stakeholders, including detailed breakdowns and explanations of costs.
- Track and monitor project costs throughout the project, identifying and addressing any discrepancies or changes in scope.
- Review and negotiate subcontractor and vendor proposals to ensure competitive pricing and quality.
- Incorporate new techniques and technologies into the estimating process.
- Bachelor Degree in Engineering.
- 8 years of experience in Cost Control & Estimation role for large Projects in the Oil and Gas industry.
- Strong analytical and problem-solving skills.
- Cost Estimation & Cost Control Certification like ACE and working experience in Cost Estimation Software like k-base, @Risk etc. desirable.
- Thorough understanding of cost control, cost estimation and budgeting principles
- Strong experience in executing project cost control, estimating and budgeting activities in oil and gas industry
- In depth knowledge of oil and gas industry codes and standards with proven ability to apply the standards to oil and gas projects cost control and cost estimation
- Strong experience in preparing and reviewing the cost estimates submitted by Pre-FEED / FEED Engineers and PMCs.
- Professional certification in Finance / Cost control & estimation (Preferable).
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