Cost Estimation Engineer

Key Responsibilities

• Collect, validate and organize historical, market and project-specific cost data
• Prepare conceptual, preliminary, detailed and pre-tender cost estimates
• Develop estimates for dam operation, maintenance, repair, rehabilitation and improvement works
• Estimate the cost of civil, mechanical, hydraulic, electrical, instrumentation and associated works
• Analyze scopes of work, drawings, specifications, bills of quantities and project schedules
• Prepare detailed cost build-ups for labour, materials, equipment, subcontractors and indirect costs
• Estimate mechanical, hydraulic and pumping-system works, including pumps, gates, valves, pipelines, hoists and related equipment
• Review quantities and verify alignment between drawings, specifications and bills of quantities
• Identify the key technical, operational, logistical and market factors affecting project cost
• Develop unit rates using productivity, resource and market-price information
• Prepare cost plans, cash-flow forecasts, expenditure profiles and budget requirements
• Compare estimated, budgeted, committed and actual costs
• Analyze cost variances and identify the reasons for overruns, savings and forecast changes
• Recommend corrective measures to control expenditure and maintain approved budgets
• Prepare estimates at completion and regularly update cost forecasts
• Monitor contingency, escalation, allowances and identified cost risks
• Conduct cost-risk and sensitivity analyses for major work packages
• Support value-engineering studies and evaluate alternative materials, equipment and execution methods
• Review contractors quotations, commercial proposals and cost breakdowns
• Support the technical and commercial evaluation of tenders
• Review variation estimates, change requests, claims and additional-work proposals
• Assess the cost impact of design changes, delays, scope modifications and schedule-recovery measures
• Monitor project budgets, commitments, invoices, payment certificates and claims
• Reconcile cost information with Finance, Contracts, Procurement and Project Controls
• Maintain cost databases covering market rates, supplier quotations, historical prices and awarded contract rates
• Prepare price-comparison reports and cost benchmarks for similar projects
• Update cost databases to reflect inflation, market conditions, regional differences and current supplier pricing
• Review contractor performance data and identify productivity trends affecting future estimates
• Maintain complete estimating records, assumptions, exclusions, clarifications and supporting documents
• Prepare clear daily, weekly, monthly, annual and technical reports as required by the assignment
• Present estimates, forecasts, cost risks and recommendations to management and government stakeholders
• Coordinate with government stakeholders, consultants, contractors and multidisciplinary teams
• Attend meetings, inspections and site visits anywhere in Saudi Arabia as required
• Comply with Saudi laws, applicable codes, Client procedures, quality requirements and occupational health and safety obligations

Requirements

• Bachelor s degree in Engineering from a recognized university
• Minimum 12 years of professional experience in cost estimation, cost engineering or project controls
• Demonstrated experience preparing estimates for infrastructure, water, dam or asset-maintenance projects
• Familiarity with mechanical, hydraulic and pumping-system works
• Strong experience analyzing drawings, specifications, work items and bills of quantities
• Experience preparing detailed unit rates and resource-based cost build-ups
• Knowledge of budgeting, cost forecasting, variance analysis and cost-risk assessment
• Experience reviewing quotations, tenders, variations, claims and commercial proposals
• Ability to compare estimated and actual costs and recommend corrective actions
• Proficiency in specialist estimating, cost-control and project-management software
• Advanced Microsoft Excel and data-analysis skills
• Strong numerical, analytical, technical-reporting and stakeholder-coordination capabilities
• Relevant experience must be supported by verifiable employment records, project references, estimates, reports or studies when requested