Estimation Engineer

Preparation and floating enquiry for Bough out items to various Vendors and evaluation of their quotes

Evaluate quotations and getting clarifications with respect to project requirements

Coordination with purchase team for fabrication rates.

Discussion with manufacturing team for evaluating the Shop Man Hours.

Discussion with engineering team to arrive at engineering man hours

Coordination with Construction team for evaluation of erection cost and Modularization assembly charges (For Export bids)

Analysing the scope of project and complexity involved for evaluating the Project and Engineering Man Hours

Preparation of cost optimization points, take off and add on calculations.

Final Preparation of commercial estimates for customers by optimally utilizing resources at the Head Office and coordinating with various departments like Proposals, E&I, Detail Engineering, Construction team, Purchase, Logistics, Finance

Participation in Order Transfer Meeting during receipt of order

Preparation of Scope (WBS) Wise Budget and releasing in the system.

Supporting with Project / Procurement team at post order stage for providing Budget Basis and evaluation of those BO items.

Participation in Cost Review Meeting during execution phase with Projects / Finance / Marketing / Planning / Procurement

Checking of raw material price / steel Price Trend and availability in local market during regular intervals.

Reviewing the raw material Rate contracts and preparing the comparison schedule.

Preparation of cost database for various Bought out items.

Analyse about the cost overrun / savings and its impact on project.

Knowledge about Oil & Gas products and Equipments

Knolwedge about design codes and material specification such as ASTM, EN, Piping standards

Review project specification, P& ID, formulate Bill of Quantity and identify key cost drivers

Review of vendor proposals, technical and commercial clarifications and cost reduction methods

Financial instruments and its implication on input cost, project cash flow working and payment terms

Internal review with engineering regarding optimization of bill of quantity and manufacturing regarding man hour optimization

Identify risk involved and mitigation process