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Job Code : BS1C 01
Job Title / Position : Principal / Senior Principal – Cost Estimation
Department : Cost Estimation
Description : To read Tender Documents/ addendums and check applicability for scope of work Preparing cost estimates for EPCC Projects for Oil & Gas, Refinery, Petrochemicals, and Hydrogen Technologies & get reviewed / approved by top management (MD & VP). Knowledge of ASME material codes Check discipline costs estimates with respect to Static equipment, Rotating Equipment, Packages, bulk material supply of piping, electrical, instrumentation, catalyst, chemicals, civil construction, mechanical erection, and other engineering commodities of Process Plant. Evaluating Risk Assessments for proposals and calculating the contingency for Project Proposals as per Tender Documents Updates on prevailing market rates for commodities,
Educational Qualifications : Bachelor' Degree - (Mechanical / Chemical)
Technical / Subject Knowledge :
  1. Thorough understanding of commercial aspects, tax structure and its calculation
  2. Filling up price schedule as per ITB requirements
  3. Calculation of Import / Export Handling costs, Freight & logistics costs.
  4. Calculating Net Present Values and Internal Rate of Returns for Process Plants.
  5. To communicate with Vendors and negotiate for best offers.
  6. Calculate the weight of pipes, pipe fittings, & equipments from drawings
  7. Read PFD and P&ID’s
  8. To maintain a record of techno-commercial database. 
Skill Sets :

To prepare a competitive cost summary report and win a contract.  

Excellent verbal and written communication skills. Proficiency in English language. Ability to technically lead and work with other team members of different cultures and understand business requirements.

Software Tools & Technology : 1. Excel spread sheet 2. Preparation of cost sheets in the SAP base software with IMS procedure
Targeted Industries : EPC Oil & Gas
Key Role & Responsibility :

To prepare a competitive cost summary report and win a contract.

Soft Skills :

Excellent verbal and written communication skills. Proficiency in English language. Ability to technically lead and work with other team members of different cultures and understand business requirements.

Age Group : 30 to 35
Experience Bracket : 8-10 Years
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