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Cost Engineer

13.00 to 23.00 Years   Kolkata   26 Aug, 2019
Job LocationKolkata
EducationNot Mentioned
SalaryNot Disclosed
IndustryOil & Gas / Petroleum
Functional AreaProductionSite Engineering / Project Management
EmploymentTypeFull-time

Job Description

Estimating the cost of projects is the responsibility of a Cost Engineer. These engineers are able to analyze the requirements and specification of a project and determine the cost involved to launch such a project. Cost Engineers receive very lucrative salaries and benefitsCost Engineers Estimate The Cost Of Projects . Cost Engineers Are Able To Analyze The Requirements And Specification Of A Project And Determine The Cost Involved To Launch Such A Project.The Cost Engineer Is A Resource Of Analytical And Organizational Power That Allows Clients To Use Their Money Efficiently, A Professional Who Worries About Your Money Before You Spend It, So You Wont Have To Worry Afterwards.Cost Engineer Duties/Functions/ResponsibilitiesDevelop project plans for the duration of the project Identify and quantify cost factors, such as production time, materials, and labor expenses Work with sales teams to prepare estimates and bids for clients Travel to jobsites to gather information on materials needed, labor required, and other factors Consult with industry experts to discuss estimates and resolve issues Use computer software to calculate estimates Evaluate a products cost-effectiveness or profitability Read blueprints and technical documents in order to prepare estimates Collaborate with engineers, architects, clients, and contractors on estimates Recommend ways to make a product more cost effective or profitabCost Engineer job responsibilities include planning and preparing cost estimates for the corporate processes including manufacturing of different products, construction projects, etc. The major duty of a cost engineer is to see to it that the operating costs do not exceed the set budget.It is essential to acquire a bachelors degree in computer science or engineering in order to get into the position of a cost engineer. A masters degree in business administration can improve the chances of getting a good opportunity as well as the growth prospects.

Keyskills :
estimationplanningusinessadministrationcomputerscienceconstructionprojectsprojectplanscontinuousimprovementfacilitationcosteffective

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