Cost Estimation Engineer

Vedant Cranes is looking for Cost Estimation Engineer to join our dynamic team and embark on a rewarding career journey.The Estimation Engineer is responsible for analyzing project requirements, preparing cost estimates, and providing accurate and competitive bids for construction or engineering projects. They will work closely with project managers, engineers, and procurement teams to gather necessary information and develop comprehensive cost estimates. The Estimation Engineer plays a crucial role in ensuring the accuracy and profitability of project bids. Key Responsibilities: Review project plans, specifications, and contract documents to understand project requirements and scope. Collaborate with project managers, engineers, and other stakeholders to gather necessary information for cost estimation. Analyze project drawings, technical specifications, and bills of quantities to determine the quantities and costs of materials, labor, and equipment required. Conduct site visits and assessments to gather information and assess project conditions that may impact cost estimates. Prepare accurate cost estimates, including material take-offs, labor costs, equipment costs, and indirect costs. Research and source material and equipment prices from suppliers and subcontractors to ensure accurate pricing in estimates. Evaluate project risks and contingencies and incorporate them into cost estimates. Prepare detailed cost breakdowns, including cost summaries, itemized lists, and supporting documentation. Participate in bid review meetings to present cost estimates, answer questions, and provide clarifications to stakeholders. Collaborate with procurement teams to assist in sourcing and evaluating suppliers and subcontractors for cost competitiveness. Qualifications and Skills: Bachelor's degree in engineering, construction management, or a related field. Strong knowledge of construction methods, materials, and processes. Proficiency in reading and interpreting project drawings, specifications, and contract documents. Experience with cost estimation software and tools. Strong analytical and mathematical skills, with attention to detail. Excellent organizational and time management skills to handle multiple projects and meet deadlines. Good communication and interpersonal skills to collaborate effectively with project teams and stakeholders. Knowledge of local construction codes, regulations, and industry standards. Ability to work independently and make sound decisions based on project requirements and constraints.