Cost Engineer for Heavy Industry
4 days ago
About CARE:
We are a prominent player in the heavy industry and metallurgy sector, dedicated to delivering exceptional results while maintaining a commitment to quality and efficiency. Our team is comprised of experts who share a passion for innovation and excellence in all aspects of our operations.
Job Overview:
The Cost Estimation Engineer position is a critical role within our organization, focusing on accurate project cost estimation to ensure the success of our projects. To excel in this role, one must possess a unique blend of technical expertise and analytical skills, enabling them to effectively assess project specifications, materials, labor, and associated costs.
Key Responsibilities:
- Analyze project specifications to create comprehensive cost estimates.
- Collaborate with project teams to obtain essential data for accurate cost assessments.
- Conduct market research to stay up-to-date on current material and labor costs.
- Present cost reports and estimates to stakeholders in a clear and concise manner.
- Monitor project costs throughout the lifecycle to guarantee alignment with budget targets.
- IDentify potential cost-saving opportunities and offer recommendations.
- Support project scheduling and timeline development.
- Evaluate subcontractor bids and proposals.
- Maintain a database of historical cost data for future reference.
- Ensure compliance with industry standards and regulations in all cost estimation activities.
Essential Qualifications:
- Strong analytical and problem-solving skills.
- Excellent communication and interpersonal abilities.
- Proficiency in cost estimation software and tools.
- Attention to detail with a high level of accuracy.
- Able to work efficiently under pressure and meet deadlines.
- Team player with a collaborative mindset.
- Strong organizational skills and ability to handle multiple projects.
- Familiarity with construction and engineering practices.
- Ability to adapt to changing project requirements.
- Commitment to ongoing professional growth and development.
Desirable Skills:
- Proficient in cost estimation software (e.g., Primavera, MS Project).
- Deep understanding of engineering principles and project management.
- Excellent mathematical and analytical skills.
- Able 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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