Cost Estimation Engineer

The Cost Estimation Engineer plays a crucial role in the heavy industry and metallurgy sector focusing on accurately estimating project costs to ensure profitability and efficiency This position requires a blend of technical expertise and analytical skills to assess project specifications materials labor and other associated costs The ideal candidate will have a strong background in engineering principles and experience in cost estimation processes enabling them to contribute effectively to project planning and execution Responsibilities Analyze project specifications and requirements to prepare detailed cost estimates Collaborate with project managers and engineers to gather necessary data for accurate estimations Conduct market research to identify current material and labor costs Prepare and present cost reports and estimates to stakeholders Monitor project costs throughout the lifecycle to ensure adherence to budget Identify potential costsaving opportunities and provide recommendations Assist in the development of project schedules and timelines Review and 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 processes Preferred Candidate Strong analytical and problemsolving skills Excellent communication and interpersonal abilities Proficiency in cost estimation software and tools Detailoriented with a high level of accuracy Ability to work under pressure and meet tight deadlines Team player with a collaborative mindset Strong organizational skills and ability to manage multiple projects Familiarity with construction and engineering practices Adaptability to changing project requirements Commitment to continuous professional development