Cost Engineering Specialist

3 days ago


Riyadh, Ar Riyāḑ, Saudi Arabia Saudi Petroleum Services Polytechnic Full time

We are seeking an experienced Cost Engineering Specialist to join our team at Saudi Petroleum Services Polytechnic. The successful candidate will be responsible for estimating project costs and ensuring that all projects are completed on time and within budget.

The ideal candidate will have a strong background in engineering principles and experience in cost estimation processes. They will also have excellent analytical and problem-solving skills, as well as the ability to work under pressure and meet tight deadlines.

Responsibilities:

  1. Estimate project costs based on project specifications and requirements.
  2. Collaborate with project managers and engineers to gather necessary data for accurate estimations.
  3. Conduct market research to identify current material and labor costs.
  4. Prepare and present cost reports and estimates to stakeholders.
  5. Monitor project costs throughout the lifecycle to ensure adherence to budget.
  6. Identify potential cost-saving opportunities and provide recommendations.
  7. Assist in the development of project schedules and timelines.
  8. Review and evaluate subcontractor bids and proposals.
  9. Maintain a database of historical cost data for future reference.
  10. Ensure compliance with industry standards and regulations in all cost estimation processes.

Preferred Candidate:

  1. Strong analytical and problem-solving skills.
  2. Excellent communication and interpersonal abilities.
  3. Proficiency in cost estimation software and tools.
  4. Detail-oriented with a high level of accuracy.
  5. Ability to work under pressure and meet tight deadlines.
  6. Team player with a collaborative mindset.
  7. Strong organizational skills and ability to manage multiple projects.
  8. Familiarity with construction and engineering practices.
  9. Adaptability to changing project requirements.
  10. Commitment to continuous professional development.

Skills:

  • Proficient in cost estimation software (e.g., Primavera, MS Project).
  • Strong understanding of engineering principles and project management.
  • Excellent mathematical and analytical skills.
  • Ability to interpret blueprints and technical drawings.
  • Knowledge of industry standards and regulations.
  • Effective communication and presentation skills.
  • Experience with budgeting and financial analysis.
  • Strong negotiation skills with subcontractors and suppliers.


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