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