Estimating costing

We provide:- # Architectural & structural designing #Interior designing # Estimating & costing # Site inspection # Contract with or without material

Project Budget and Return on Investment in Project Management Cost estimation is directly related to project budget, and overall Return on Investment (RoI). Project cost is the budget available for the overall project completion. Cost estimation process helps in identifying project risks and provides an option to discuss alternatives if new requirements are needed to be added. The accurate project costing plan enables one to weigh anticipated benefits against anticipated costs to assess if the project makes sense. Further, it allows one to review the periodical fund requirements, and also serves as a guideline to manage project on day to day basis. The main factors to be considered while calculating project costs are: • Manpower • Materials • Equipment • Premises • Service Providers Different cost estimating techniques are available which allows one to effectively assign corresponding resources and develop schedules to manage the project successfully. Resource costing is a common method where all the resources like equipment, material, services, and manpower needed for the project are listed and sum up their costs. Small businesses use resource costing for larger or more complicated projects. Small or simple projects can be evaluated using a cost-per-unit that is characteristic of the project. The characteristic unit is a measure of the size of the project that is indicative for the particular project. The total cost can be divided by the number of hours/units needed and can assess cost per unit or cost per hour. If the project is typical of one’s industry and businesses have completed similar projects over the past few years, an empirical approach can be highly accurate, and take the least time. To use this approach, one usually needs to buy software or a paper-based system that contains statistical information about the other, completed projects. By choosing the characteristics that apply to the present project from a list, and by filling in the overall parameters such as size and location, one can ask for cost break down. The system will provide typical costs for that kind of project. One of the most transparent ways of estimating the cost of a project is to base it on previous work. If company has completed a similar project recently, all the required costing information is available from the project files. Most of the time, historical data gives the most accurate prediction of future costs. Smart Admin allows you to estimate project cost per unit or per hour which ultimately results in better control over project cost. Further, one can retrieve past data from the applications of Smart Admin to understand the historical performance of similar projects. The cost per hour can be estimated based on the total hours allocated by the project against the total cost using the various tools in SMART ADMIN.

Following is the Job description for Maintenance Electrical Engineer- Tendering & Estimation Job Description: - Undertaking technical study for the Inquiries received / Tender Documents. - Analyze construction drawings and other documentation to prepare time, cost, materials, and labor estimates - Find Tenders Online and analyses eligibility. - Judging whether projects are workable by assessing materials, costs and time requirements. - Assessing the risks connected to projects. - Prepare cost and expenditure statements and other necessary documentation for projects. - Preparing bids for tenders, and reporting to clients. - Establish and maintain tendering process, and conduct negotiations - Bid projects with enough detail to provide accurate budgets - Responsible for computerized estimating system, database, labor factors, updates, etc. - Prepare proposals from Vendors - Track and analyze market pricing Major Activities: - Critical thinking - Communication at multiple levels - Ability to review estimates and change orders - Handle the Estimation Effectively. - Monitor Processes, Materials, or Surroundings - Resolving Conflicts and Negotiating with Others - Documenting/Recording Information Knowledge and Skills needed: - Engineering and Technology -- Knowledge of the practical application of engineering science including applying principles, techniques, procedures, and equipment for various projects. - Estimation - Bid projects with enough detail to provide accurate budgets, accurate estimates and costing, Rate negotiation skills, etc. - Other Skills - Proficient with computers, Microsoft Office, Adobe,etc., Professional demeanor suited for an office environment, Strong interpersonal and communication skills Experience: 2-5 Years of Experience in Estimating Electrical Projects (Industrial, Residential & Commercial) Minimum Qualification: B.E/Diploma (Electrical) Salary: As per Skills and Expertise. Please Send Resume and Photo with my Email ID - / Please Note -: Curent CTC - Expected CTC Notice Period - Reason for job change -

Recruiting for Estimation & Invoicing Engineer in Serbia Company: EDM SOFTWARE SOLUTION Location: Coimbatore, Tamil Nadu, India Description: EDM SOFTWARE SOLUTIONS PVT LTD COIMBATORE 9791684242 Job Type: Full Time Job Location: Abroad Interview Location: Coimbatore Job Description:- * Accountable for the execution of the set estimating & invoicing strategy as aligned to the Business Plan and Revenue forecast. * Performs the estimating & invoicing processes in a timely and effective manner in keeping with the Company's business objectives. 1. Review Request for Quotation (RFQ) files sent to the Company from clients, to analyze the content such as drawings and supporting data to interpret, understand and confirm the scope of the work being requested. 2. Review the terms & conditions & read through the specifications, using technical knowledge, ability and skills to determine fullness or appropriateness of Request for Quotation (RFQ). 3. Based on professional evaluation of the Request For Quotation (RFQ), Populate the Tender Review Check List and seek Manager bid or no bid options. Leverage technical expertise to convince/influence management to proceed to sign-off on your projects tender order review checklist. 4. Review ship specification and Original Owner Specifications for thorough job understanding. Qualification: - A Degree or Diploma in Naval Architecture, - Marine Engineering, - Mechanical Engineering Dear Candidate., Our company is recruiting talented, hard working, experienced & enthusiastic candidate for Estimate engineer in Abroad Service details: Processing Time (45- 60)days Attractive Salary: 60k - 80k per month Work Place: Serbia Technical Competency: 1. Commercial Management 2. Regulatory Knowledge 3. Technical Negotiation (Costing and Estimation) 4. Billing Process Management 5. Analytics and Reporting 6. Record Keeping and Document Control further details Contact: EDM SOFTWARE SOLUTION THANKS AND REGARDS EDM SOFTWARE SOLUTION PVT LTD CO, COIMBATORE HR NO - 9791684242 Email Id: edmsofttech@gmail.com

Procurement Engineer- (min 3-5 years of Gulf experience will be preferred). Salary - to QAR according the experience of the candidates. Job Description Responsibilities: • Develop and float RFQ documents from the Project Specifications/Input from Engineering. • Co-ordinate Technical Bid Evaluation, Do commercial Bid Evaluation and process activities to Purchase Order / Sub- Contract award • Work within the established procedures to achieve a professional, ethical, reliable and cost effective total Procurement service through Market Research, Budget, and Estimating evaluations. • Assist the Procurement & Contracts Management Manager in the implementation of the procurement guidelines, policies & procedures. • Develop and implement sourcing strategies. • Investigate potential suppliers. • Propose enquiries to specified and non-specified vendors and obtain quotations on time. • Receive and evaluate bids (by Purchasing Committee, if applicable) as per standard evaluation criteria and negotiate payment terms and discounts with suppliers. • Evaluate vendors’ proposals technically in compliance with project specifications. • Prepare and issue Purchase Orders (POs), Request for Quotations (RFQs), Request for Proposals (RFPs) and other related documents. • Revise the costing for the post tender clarifications received and provide price and technical inputs to generate official Purchase Order. • Suggest suitable technical alternatives whenever possible in coordination with the Design & Studies section and the Project Management section. • Evaluate the supplier quotations against the tender requirements such as capacity, quantity, specifications, deviations, etc. Make comparative analysis of all the quantity & use the optimum solution. • Interview supplier representatives regarding specifications, costs, inspection, and similar problems relating to materials, parts and equipment. • Maintain an updated supplier database that consists of reliable and trustworthy sources. • Ensure materials purchased are in line with the project specifications and industry practice. • Review the terms and conditions of subcontract documentation to ensure contractual protection. Skills Required Skills/Experience: • The candidate should have a minimum of 5 to 7years of related experience, preferable in contracting company in Construction Industry. • Must be fluent in written and spoken English with an excellent understanding of Business Law and Contract Management. • Should possess proven Negotiation Skills and Commercial expertise on a world wide basis. • Should have exposure to and experience in application of ISO Quality Management concept is a must. • Extensive experience in dealing with Suppliers, Contractors, and Consultants particularly those involved in the Construction Industry • Thorough understanding of Post award activities like Vendor document follow up, vendor claims, change orders, Expediting, Third Party Inspection, shipping co-ordination, material receipt and payment until close out of the Order. Competencies: • Excellent communication skills with ability to liaise at all levels • Proactive, Goal-oriented, and accountable  • Capable of multi-tasking • Team player and self motivated  • Strong analytical thinking  • Detail oriented  Qualification: • Bachelor’s degree in Engineering discipline (Civil/Structural/Mechanical/Electrical etc)

Procurement Engineer-  (min 3-5 years of Gulf experience will be preferred). Salary - to QAR according the experience of the candidates.I have attached job description of Procurement  Engineer. Job Description Responsibilities: • Develop and float RFQ documents from the Project Specifications/Input from Engineering. • Co-ordinate Technical Bid Evaluation, Do commercial Bid Evaluation and process activities to Purchase Order / Sub- Contract award • Work within the established procedures to achieve a professional, ethical, reliable and cost effective total Procurement service through Market Research, Budget, and Estimating evaluations. • Assist the Procurement & Contracts Management Manager in the implementation of the procurement guidelines, policies & procedures. • Develop and implement sourcing strategies. • Investigate potential suppliers. • Propose enquiries to specified and non-specified vendors and obtain quotations on time. • Receive and evaluate bids (by Purchasing Committee, if applicable) as per standard evaluation criteria and negotiate payment terms and discounts with suppliers. • Evaluate vendors’ proposals technically in compliance with project specifications. • Prepare and issue Purchase Orders (POs), Request for Quotations (RFQs), Request for Proposals (RFPs) and other related documents. • Revise the costing for the post tender clarifications received and provide price and technical inputs to generate official Purchase Order. • Suggest suitable technical alternatives whenever possible in coordination with the Design & Studies section and the Project Management section. • Evaluate the supplier quotations against the tender requirements such as capacity, quantity, specifications, deviations, etc. Make comparative analysis of all the quantity & use the optimum solution. • Interview supplier representatives regarding specifications, costs, inspection, and similar problems relating to materials, parts and equipment. • Maintain an updated supplier database that consists of reliable and trustworthy sources. • Ensure materials purchased are in line with the project specifications and industry practice. • Review the terms and conditions of subcontract documentation to ensure contractual protection. Skills Required Skills/Experience: • The candidate should have a minimum of 5 to 7years of related experience, preferable in contracting company in Construction Industry. • Must be fluent in written and spoken English with an excellent understanding of Business Law and Contract Management. • Should possess proven Negotiation Skills and Commercial expertise on a world wide basis. • Should have exposure to and experience in application of ISO Quality Management concept is a must. • Extensive experience in dealing with Suppliers, Contractors, and Consultants particularly those involved in the Construction Industry • Thorough understanding of Post award activities like Vendor document follow up, vendor claims, change orders, Expediting, Third Party Inspection, shipping co-ordination, material receipt and payment until close out of the Order. Competencies: • Excellent communication skills with ability to liaise at all levels • Proactive, Goal-oriented, and accountable • Capable of multi-tasking • Team player and self motivated  • Strong analytical thinking  • Detail oriented  Qualification: • Bachelor’s degree in Engineering discipline (Civil/Structural/Mechanical/Electrical etc)