Cost Estimation Engineer

SETS is on the look for a Cost Estimation Engineer to join its Monitoring Department in Madinah. The jobholder reports to the Cost Control and Estimation Department Head.

Responsibilities

1. Estimating project timelines and deadlines, preparing schedules using the relevant software and applications, and defining scheduled tasks, execution periods, and available resources.
2. Developing and implementing an integrated project plan, controlling changes, accurately defining the project scope in terms of items and times, and identifying the technical aspects of work execution.
3. Preparing specialized engineering documents and reports, presenting and explaining them, and saving them in the database according to approved policies and procedures.
4. Managing the cost and required resources for project completion, including planning and managing human, material, and equipment resources, and estimating expected costs with cost engineers and relevant execution engineers, and monitoring expenditures.
5. Managing, controlling, and reviewing costs for engineering disciplines, including cost estimation, control, and reporting systems, as well as financial reporting and cost analysis.
6. Managing engineering operations related to procurement, contracts, execution, and operation.
7. Setting cost estimation objectives during the design and development process, and recommending cost-effective solutions.
8. Preparing cost data, expenses, reports, and other necessary documents regularly for sharing with stakeholders and project participants.
9. Coordinating and gathering proposals, specifications, and related documents, and consulting with stakeholders to convert required specifications into logical cost estimates for project tasks.
10. Developing cost estimates for execution processes, reviewing alternatives, and proposing recommendations for improvements.

Minimum Requirements

• Minimum of 2 to 5 years of experience in cost estimation for similar projects.
• Bachelor's degree in construction management, Civil Engineering, Road Engineering, Value Engineering, Mechanical Engineering or a related field from an accredited university.
• CAPM from PMI.
• PMP from PMI.
• PRINCE2 from Axelos.
• PMI-CP (Construction Project Management).
• Certified Business Professional in Project Management (CBP).
• Fundamentals of Engineering (FE).
• Certified Cost Professional (CCP) from AACE.
• Proficiency in spoken and written Arabic.
• Proficiency in spoken and written English.