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Cost Estimation Engineer

3 - 5 years

2 - 4 Lacs

Posted:2 weeks ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

Role & responsibilities : 1. Analyze project blueprints and other documentation to prepare time, cost, materials, and labor estimates. 2. Estimate the costs of goods or services. 3. Provide cost estimation support for vendor / Machined /Bought out items to facilitate. 4. procurement at the most reasonable price 5. Provide cost estimation support for working out proposals 6. Prepare estimates used by management for purposes such as planning, organizing, and scheduling work. 7. Set up cost monitoring and reporting systems and procedures. 8. Review material and labor requirements to decide whether it is more cost- effective to produce or purchase components. 9. Establish and maintain the tendering process, and conduct negotiations. 10. Assess the cost-effectiveness of products, projects, or services, tracking actual costs relative to bids as the project develops. 11. Conduct special studies to develop and establish standard hour and related cost data or to effect cost reduction. Preferred candidate profile : 1) Knowledge of Proposal, Design and Cost management. 2) Cost Estimation, Cost reduction, Estimation Engineer, Project management, 3) Resource Planning 4) Techno-Commercial Operations

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