Requirement Ref: S-0121
Position Name: Cost Engineer-I
Job Description:
Basic Functions:
Prepares, reviews and monitors cost commitments/expenditures/forecast for heavy industrial, commercial and residential capital expenditure projects.
Scope:
Cost Engineer will assist to provide project cost services on less complex capital projects under periodic direction of Senior Cost Engineer or Business Manager. Specifically assigned cost tasks should be accomplished with minimal supervision and guidance.
Principal Contacts:
Internal: Has continual contact with Unit Head and lower level (II and III) cost engineers as well as cost estimators and planning/scheduling engineers.
External: Has frequent contact with Accounting, Contracting and Materials Supply personnel. Some interface with APMT Project cost engineering in and out-of-Kingdom. Occasional contact with local and international contractors.
Minimum Requirements:
B.S. in Engineering or Professional Engineering (PE) registration.
Minimum of seven (7) years cost engineering experience including at least three (3) years devoted to petrochemical, refinery, pipeline or power generation projects. Must be familiar with construction practices, materials and equipment. Must be familiar with construction practices, materials, equipment.
Principal Duties: :
Preparation of cost portion of engineering, procurement and construction contracts.
Collects and assists in monitoring, analyzing and reporting all cost information, through upper level cost engineers, to Project Manager.
Reviews and analyzes all claims and change order on project contracts.
Assists lower level cost engineers and project management in the negotiation of project contract as required.
Utilizes available computer cost engineering programs as well as methods and procedures outlined in the cost engineering manuals.
Keeps abreast of significant developments in cost engineering by close review of technical literature, contacts with contractors, visits to area of construction and attendance of professional and technical meetings.