Baku,
Azerbaijan
18.12.24
-
18.01.25
Working conditions
- Develop detailed cost estimates for various project phases (engineering, procurement, construction, commissioning) as part of tender submissions;
- Prepare comprehensive bid proposals, including cost breakdowns, schedules, terms, and other required documentation;
- Evaluate project requirements, technical specifications, and client needs to determine accurate pricing strategies;
- Ensure cost estimates align with the project scope, risk, and profitability goals, maintaining a competitive edge in the tender process;
- Assess costs related to labor, materials, equipment, subcontractors, and contingency provisions;
- Prepare bid and tender documentation, conducting cost comparisons and vendor negotiations as needed;
- Collaborate with engineering, procurement, and construction (EPC) teams to validate estimates and align budgets with technical and operational requirements;
- Support project controls, finance, and operations teams with data for forecasting and risk assessment;
- Prepare regular budgetary reports, updates, and financial forecasts for stakeholders;
- Identify and communicate potential cost overruns, recommending strategies to keep projects within budget;
- Support project change management by analyzing costs related to scope changes and unexpected issues;
- Gather, analyze, and interpret data from historical project costs and industry benchmarks;
- Maintain a database of cost information, project schedules, and productivity rates.
Requirements
- Bachelor’s degree in Engineering, Construction Management, Finance, or a related field;
- 3–5 years of experience in cost estimating within the oil & gas or similar industries;
- Proficiency in cost estimating software and project management tools;
- Strong analytical skills and attention to detail;
- Ability to work with cross-functional teams and communicate complex cost data effectively;
- Knowledge of industry standards and regulations;
- Excellent quantitative skills and proficiency in Excel and cost estimation software;
- Familiarity with project management methodologies and financial forecasting.
Engineering
Professional services
