Senior Estimation Engineer

5 - 8 years

5 - 8 Lacs

hyderabad pune mumbai (all areas)

Posted:4 days ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

  • Prepare accurate project cost estimates by analyzing drawings, BOQs, specifications, and project requirements.
  • Assess materials, labor, equipment, subcontracting, and overhead costs for competitive estimation.
  • Ensure all estimates align with project objectives, technical requirements, and budget constraints.

2. Market Data & Trend Analysis

  • Track and analyze current market rates for materials, labor, and equipment.
  • Incorporate market fluctuations and price trends into cost estimations using historical data and industry benchmarks.

3. Risk Assessment

  • Identify, assess, and factor in risks such as price escalations, supply constraints, and project uncertainties.
  • Work with project and supply chain teams to develop contingency provisions and mitigate estimation risks.

4. Material, Labour & Productivity Analysis

  • Analyze labor requirements, productivity rates, and material consumption patterns.
  • Use standard norms and internal benchmarks to estimate labor and material costs accurately.

5. Bidding & Tendering Management

  • Prepare, manage, and submit bids/tenders ensuring accuracy, completeness, and client compliance.
  • Coordinate with design, procurement, finance, and project teams for comprehensive bid preparation.
  • Maintain end-to-end ownership of the tendering process.

6. Vendor & Subcontractor Coordination

  • Negotiate with approved suppliers and subcontractors to obtain competitive quotes.
  • Analyze vendor offers, assess techno-commercial compliance, and finalize cost inputs.

7. Budgeting

  • Prepare project budgets based on estimation details.
  • Analyze cost components and track deviations/updates for management review.

8. Communication & Stakeholder Management

  • Communicate effectively with cross-functional teams, clients, and vendors.
  • Present estimation findings clearly, using data-driven insights to support decisions.

9. Ownership & Accountability

  • Take complete responsibility for assigned tenders and deliverables.
  • Set and achieve goals while ensuring compliance with organizational standards and expectations.

10. Operational Excellence

  • Adhere to SOPs, guidelines, and quality standards in estimation and tender processes.
  • Ensure documentation accuracy, consistency, and compliance.

11. Customer Centricity

  • Understand client requirements and expectations thoroughly.
  • Tailor proposals to enhance customer satisfaction and build long-term relationships.

12. Teamwork & Collaboration

  • Build trust and positive working relationships with internal teams.
  • Demonstrate integrity, reliability, and respect in all interactions.

Required Skills

  • Strong analytical and numerical skills
  • Expertise in estimation, BOQ analysis, tendering, and cost control
  • Negotiation and vendor management
  • Market research and risk assessment
  • Excellent communication and presentation skills
  • Proficiency in MS Excel, ERP systems, and estimation tools
  • Ability to work under deadlines with high accuracy

Preferred Skills

  • Experience in EPC / Construction / MEP / Industrial Projects
  • Knowledge of standard codes, material specifications, and industry practices
  • Understanding of project management principles

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