Project Cost Estimator

3 weeks ago


New Orleans, United States Compli Full time
Job DescriptionJob Description

**Job Summary:**
The Project Cost Estimator will be responsible for developing cost estimates for investment projects in the chemical manufacturing industry, spanning engineering and construction phases. This role involves collaborating with engineers, contractors, and project managers to provide accurate estimations, analyze project specifications, utilize cost estimation software and methodologies, prepare risk analysis reports, review contractual documents, and ensure compliance with industry standards and company policies.

**Responsibilities:**
1. Develop detailed cost estimates for capital projects, including but not limited to: construction, equipment, materials, labor, and other direct and indirect costs.
2. Collaborate with engineers and contractors to gather essential information for accurate estimations.
3. Evaluate project specifications and drawings to ascertain the scope of work and required contents of the estimate.
4. Utilize cost estimation software and methodologies to create and maintain reliable and comprehensive cost data.
5. Prepare risk analysis reports and identify potential areas of cost overruns.
6. Review contractual documents and technical proposals to ensure cost awareness and efficiency.
7. Support project managers in preparing capital project budgets and establishing cost tracking systems.
8. Present cost estimates to senior management, offering clear and concise explanations for variances and key cost drivers.
9. Ensure strict compliance with industry standards, company policies, and regulatory requirements.


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