Job Code |
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SPBSC-4545-01 |
Job Title |
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Principal Engineer / Senior Principal Engineer |
Department |
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Cost Estimation |
Role Definition |
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Roles at this level are responsible for preparing accurate estimates of Small/Product Plants/ Medium sized projects (E/EP/EPF/EPC) by gathering infromation and analyzing metrics |
Key Role & Responsibility |
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Operational
-Studies and reviews tender specifications, data, drawing and commercial terms & conditions of the tender
-Determines the project costs by calculating labor, material and related costs
-Carries out estimation for piping & civil based on MTO received from Engineering
-Negotiates price during the proposal phase
-Prepares cost effective commercial proposals for the tenders
- Evaluate risk assessment for proposal and calculate contingencies
- Align with proposal manager for proposal strategy and supports sales team to prepare a winning bid
- Estimate applicables taxes and duties, foreign exchange variations, impact of import/export, on-shore/off-shore split
Stakeholder Management
-Coordinates with various departments for inputs regarding project costing
-Participates in construction cost meetings and finally formulates the construction cost
- Coordinates with global estimation team for their inputs in overall cost sheets
Data base Management
-Conducts research, prepares and maintains a database of benchmarks and cost
-Investigates and maintains an updated market price for the key raw materials
-Identifies labour, material and time requirements by studying proposals, blueprints, specifications and related documents |
Additional Responsibility
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Geographies covered : APAC region proposals
Sales volume/Size of the contract : From small value (1-10 mio USD) to Medium value (upto 50 Mio USD)
Number of the projects : Ability to manage multiple estimation projects at the same time (atleast 3-4 proposals of small/medium size)
Size of the projects : Small to Medium |
Education qualification & Experience |
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B.E/B.Tech / Diploma with addiitional qualifications specially in Cost Estimation
Minimum 10+ years of experience in preparartion of cost estimation of EPC contracts |
Targeted Industries
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Process technology company, Oil & Gas EPC company, |