
Cost Estimator for Industrial Projects
10 hours ago
Job Description:
We are seeking a skilled Cost Estimator to join our team, responsible for accurately estimating the costs and resources required for site construction and installation work for control and instrumentation projects.
The ideal candidate will have extensive experience in control systems, with a focus on the oil & gas, energy, and industrial sectors. They should possess a strong understanding of local market conditions, construction standards, and installation practices in Saudi Arabia.
- Prepare Detailed Cost Estimates: Prepare detailed cost estimates for site construction and installation work related to control & instrumentation system projects.
- Analyze Project Specifications: Analyze project specifications, drawings, and other documents to prepare comprehensive estimates.
- Identify Resources: Identify and quantify all material, labor, equipment, and other resources required for the project.
- Develop Project Timelines: Develop project timelines and schedules based on estimated resources and project scope.
- Coordinate with Teams: Coordinate with engineering, procurement, and construction teams to ensure alignment with project requirements.
- SOURCE Vendors: Source and evaluate quotes from vendors and subcontractors for various project components.
- Negotiate Pricing: Negotiate pricing and terms with suppliers to ensure cost-effective procurement.
- Risk Assessment: Identify potential risks and uncertainties in the estimation process and develop contingency plans.
- Inclusive Risk Factors: Include risk factors in cost estimates to ensure accurate and realistic budgeting.
- Presentation Skills: Prepare and present detailed estimation reports, including cost breakdowns and justifications, for management review.
- Record Keeping: Maintain records of all estimates, revisions, and related documents for future reference.
- Compliance: Ensure all estimates comply with local regulations, industry standards, and company policies.
- Industry Updates: Stay updated on relevant Saudi Arabian construction standards and best practices.
- Process Improvement: Review and analyze past project estimates and outcomes to improve future estimation accuracy.
- Stay Informed: Stay informed about new technologies, methodologies, and industry trends that could impact estimation practices.
- Quality Assurance: Ensure Quality of Product solution as defined, Review of all deliverables.
- CSIA Compliance: Ensure requirements of CSIA (Control System Integrators Association) Standard are being complied in respective domain.
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