Estimation Engineer
Larsen & Toubro
Landmark, Maharashtra, India
4d ago
  • Develop costing (including capex and opex) for new projects based on design & layout for the bid phase
  • Seek inputs from design & engineering team on various parameters that form part of the costing analysis
  • Seek inputs on equipment & material requirements and accordingly include in costing plan
  • Engage with design & engineering, procurement, technology teams, Quality and Projects teams to ensure alignment on costing being developed
  • Estimate the cost through clean sheet / bottom up costing of key component / system in order to negotiate with suppliers
  • Build baseline cost based on each commodity including modules, inverters, robots and Balance of system and Bill of Quantity, which being deployed in the project and all other related parameters and drive improvement opportunities to optimize and enhance returns
  • Periodically update costing for all materials on evolving market rates / requirements
  • Analyze changes in various project parameters, review the costing and accordingly update & align with evolving requirements
  • Build Cost roadmap tool to estimate the project cost to bid
  • Identify costing relating requirements and create templates / frameworks to capture & record all data base
  • Manage the data base and ensure previous
  • years’ data on key components of costing, such as cost model, EPC cost data, price of modules, inverters, robots etc. is captured and utilized
  • Engage with relevant stakeholders, seek data and update the tool on a quarterly basis
  • Drive the Value Engineering and technology forum to implement VE & new technology ideas and reduce overall project cost
  • Identify new ideas / technologies in engagement with technology team and discuss applicability to various projects to drive maximum returns
  • Drive actions and check-in on weekly basis on various innovations being pursued; Participate in status update meeting with functional heads on regular basis
  • Provide inputs to generate well engineered ideas and plan for implementation
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