Cost Estimation Job Vacancies in Navi Mumbai

As an Electrical Design & Estimation Engineer, you will be responsible for the design and estimation of various electrical systems. Your expertise will help ensure projects are completed efficiently and meet quality standards. Your key responsibilities will include:- **Design Electrical Systems**: Create detailed designs for electrical systems to meet project requirements, ensuring compliance with industry standards and safety regulations.- **Prepare Estimates**: Develop accurate cost estimates for electrical projects by calculating material, labor, and overhead costs to inform budgeting and bidding processes.- **Conduct Site Evaluations**: Visit project sites to assess existing electrical systems and gather relevant data, which will inform your designs and estimates.- **Collaborate with Teams**: Work closely with project managers, architects, and other engineers to integrate electrical designs with overall project plans and requirements.- **Review Specifications**: Analyze project specifications to ensure that electrical designs align with client expectations and technical requirements.- **Maintain Documentation**: Keep thorough records of design changes, estimates, and project communications to ensure all stakeholders have access to up-to-date information.To succeed in this role, candidates should possess the following skills:- A diploma in Electrical Engineering or a related field.- 2 to 5 years of relevant experience in electrical design and estimation.- Proficiency in design software such as AutoCAD or similar tools.- Strong analytical skills to assess project requirements and prepare detailed estimates.- Good communication skills to effectively work with team members and clients.- A detail-oriented approach to ensure accuracy in designs and cost estimates.

We are looking for a Costing Engineer with 5 to 8 years of experience to join our team in Navi Mumbai. The candidate will play a crucial role in evaluating project costs and ensuring financial efficiency.**Key Responsibilities:**- **Cost Estimation:** Calculate the estimated costs of materials, labor, and overhead for projects by analyzing relevant data to ensure accuracy in budgets.- **Budget Management:** Prepare and monitor project budgets, adjusting as necessary to account for changes and ensuring projects are completed within financial limits.- **Financial Reporting:** Generate financial reports for projects that include cost analysis, forecasts, and variance reports to provide insights on financial health.- **Collaboration:** Work closely with project managers, engineers, and procurement teams to gather necessary information and ensure alignment on financial goals.- **Cost Analysis:** Identify areas for cost savings by analyzing project costs and suggesting ways to enhance efficiency without compromising quality.- **Documentation:** Maintain detailed records of costs and reports to support transparency and facilitate audits when required.**Required Skills and Expectations:**- A Bachelor's degree in Engineering is required, showcasing a solid technical foundation.- Strong analytical skills to assess data and draw actionable insights that can improve cost management strategies.- Proficiency in costing software and Microsoft Excel for effective data analysis and reporting.- Excellent communication skills, both written and verbal, to convey complex financial information clearly to stakeholders.- Ability to work independently and as part of a team, demonstrating strong organizational skills and attention to detail in all tasks.

The Primary role/function of the position of TIC cost Estimation and Cost Controller is to prepare and/or review and endorse cost estimates of different levels of accuracy depending on the maturity of the project definition during the various stages of the project lifecycle. The role involves developing multi-disciplinary conceptual and definitive cost estimates for a variety of projects. As a cost controller needs to track, analyze, and control the costs associated with a project.Develop and implement TIC Cost Estimate plan to support contract requirements. Discuss, coordinate, and resolve estimating input/queries with project team and subject matter experts available in the organization to ensure quality estimate.Ensure all assumptions / clarifications are properly documented.Responsible to create data bank from previous project which had already been completed.Perform complete analysis and cost validations using internal and external benchmarking data, historical indices, and component benchmarking.Participate & provide cost information on value engineering analysis.Mentor & supports the review of the estimates prepared by other cost engineers to ensure accuracy, completeness, and compliance with scope of work.Capable of doing rate analysis for the cost per unit of work in construction items.Analyze cost impact based on RFIs/Change Orders and maintain change order log.Familiar with all the contract requirements for the construction project.Establish budget & Cost Baseline and periodically forecasting the project TIC cost.Prepare and monitor periodically Cashflow of project life cycle.Monitor and control budgetary spending and billings as well as assist with the development of capital project budgets and forecasts.Review and analyze the cost and schedule for the project based on the estimated budget.B.Tech. in Mechanical/ Chemical/ Civil Engineering with 8 to 15 years of experience in TIC (Total Investment Cost)Estimation

- As an Electrical Estimator, you will be responsible for determining the electrical cost for the given project. You will also be responsible for reading and interpreting the blueprints effectively.- Estimating electrical paneling its fabrication and busbars- Determining the electrical needs of the project.- Preparing GA diagram of panels- Understand the Power and control wiring through SLD- Drawing the outline and blueprints for the said electrical system.- Placing the utility, workstation, and other fixtures as per the specifications.- Understanding and interpreting the blueprints.- Reviewing the plan to estimate the length of the electrical wire.- Supply chain management of electrical things.- Identifying the cost and time constraints.- Knowing the supply cost for each element.- Determining the labor requirements for completing the project.- Working in coordination with Contractors and other team members.- Maintaining electrical cost database.- Performing calculations of various profitability solutions.- Negotiating with the suppliers and vendors.- Maintaining a healthy relationship with the vendors.- Identifying the risk involved in the project.- Explaining the cost of waste materials.- Completing the project bids as per the guidelines.- Adhering to all the electrical rules and regulations.- Electrical load calculation of a project, existing load as well as proposed load concerning criteria of electrical and fire norms.- Coordinating and meeting with clients or consultants for technical rounds and approval for an execution

SUMMARYThe position of Estimation engineer involves Scrutiny of tender documents, Preparation ofSuppliers/Manufacturers Contact records.PRIMARY RESPONSIBILITIES1. Proper Study of Tender Documents, Drawing, BOQ and specification before startingEstimation.2. Preparation of Technical queries for ambiguities in drawing, specification and BOQ3. Prepare a list of unusual items (like Transformer, HT Breaker/ RMU, UPS, Inverter, VoltageStabiliser, Light Fitting, LV Component Fire alarm, CCTV, Access Control etc) and FloatEnquiries to approved Suppliers / Manufacturers, subcontractor4. Follow up with the supplier/ subcontractor to obtain quotation in time, clarify to all theirqueries and meeting with supplier if required.5. Technical evaluation of supplier quotation with Tender specification and prepare aComparison Studies based on suppliers Quotations6. Negotiations with suppliers on both technical and commercial aspects of product.7. Based on Clients budget constraints for any specific project, carrying out Value engineeringstudies.8. Prepare a Rate analysis for unusual items only9. Make sure about the Taxation part and quote the rates as per clients instruction.10. Fill up the Tender by the help of Final Cost & Rate Analysis11. Check all the Addendums and communication received from the client, ensuring that all of theitems are being clarified and considered in the pricing,12. Preparing all the related documents (Covering letter Our terms and Deviation if any) tosubmit the tender in prescribed format before the submission time.13. Prepare Value engineering when required/ permitted14. Take the approval of your reporting officer before sending15. Enter the entire information about the Enquiry and Offer in company record.16. Call the client and inform the submission and do receiving confirmation.17. Attend Pre Tender meeting and site visits, if required18. Attending the negotiation meeting along with sales team at client office