Cost Estimation Manager

Role Overview

The Cost Estimation Manager will lead the creation of precise capital expenditure (CAPEX) forecasts, project budgets, cash flow projections, and life-cycle costing for various projects including new developments, expansions, and upgrades at Essar Ports. This role is pivotal in aiding investment decisions and driving cost-efficiency.

Primary Responsibilities

• Estimate project costs spanning marine civil, mechanical, electrical, and instrumentation disciplines.
• Formulate budgets and CAPEX for new ventures and expansion projects.
• Compile Bills of Quantities (BOQ), assess material quantities, and analyze tender pricing.
• Evaluate vendor quotations, conduct benchmarking, and perform life cycle cost assessments.
• Drive cost reduction initiatives using value engineering and rigorous risk evaluations.
• Track and analyze budget usage, manage deviations, and assess changes in project scope.
• Develop project cash flow forecasts and contribute to financial feasibility analysis.
• Create and update cost databases, management information systems, and reporting tools.
• Collaborate closely with departments such as Finance, Procurement, Technical Services, EPC contractors, and consultants.
• Ensure adherence to organizational policies and relevant industry standards.

Qualifications & Experience

• Possess a Bachelor of Engineering degree in Civil or Mechanical Engineering.
• Bring 10 to 15 years of relevant experience within the infrastructure, EPC, or port sectors.