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.

Minimum 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.