Estimating Engineer

Saudi Aramco (ASC)

Prepare, review, and validate cost estimates at various project stages-conceptual, preliminary, and detailed design-ensuring compliance with company guidelines.

Use historical data, vendor quotations, and engineering inputs to develop estimates with defined accuracy levels (e.g., Class 4 to class 1 estimates).

Collaborate with engineering and project teams to understand and interpret project scope and deliverables.

Identify specialty items (e.g., licensed equipment, DCS systems, exotic materials) and ensure they are appropriately included in the estimate.

Liaise with execution agency to secure quotations for equipment and bulk materials, adhering to minimum quotation requirements based on project value.

Validate in-house pricing data or adjust based on current market conditions.

Ensure the Estimate Package includes all required documentation such as scoping documents, conceptual drawings, MTOs, vendor quotations, and risk registers.

Participate in reviews and approvals at various stages (e.g., Gate 1, Gate 2, etc.).

Identify cost risks and propose appropriate contingency levels based on project complexity and scope definition.

Ensure all estimates adhere to Saudi Aramco Work Breakdown Structure (WBS) and other internal standards.

Generate cost reports to track budget performance and forecast final execution costs.

Strong understanding of international estimating guidelines such as AACE International. (Association for the Advancement of Cost Engineering)

Proficient in estimating tools and methodologies including unit rates, parametric estimating, and bottom-up estimating.

Review project scope of work, specifications, and related documents.

Estimate costs by looking at the entire project, including direct and indirect cost.

Present cost estimates to upper management.

Input cost data into company database.