Cost Engineer

ABSI; Laguna; On-site; PHP 900,000 - 1,300,000; Full time

Job summary

ABSI in Laguna, Philippines seeks an experienced engineer to lead cost estimation and quantity surveying activities within design and development teams. The role focuses on delivering cost-efficient proposals, maintaining accurate cost data, and ensuring compliance with industry standards across all project phases.

The ideal candidate will have a professional engineering degree, licensure, and at least five years of relevant experience in cost planning, tender estimates, and commercial

Qualifications

• Graduate of any Engineering course.
• Licensed Engineer.
• With at least 5 years actual work experience in quantity surveying and construction or project management.
• Experience in cost planning, bill of quantities, pre-tender estimates, commercial management and post-contract.

Responsibilities

• Provide input on design aspects to create cost-efficient proposals and review plans for cost implications.
• Develop and refine engineering designs, drawings, and project specifications.
• Prepare detailed cost estimates and analyze cost drivers and potential risks.
• Prepare design documents, cost summaries, BOQs, and technical reports.
• Track cost changes due to design revisions and maintain costing records.

Skills

Cost estimation

Quantity surveying

Value engineering

Project management

Cost control

Education

Engineering degree

Licensed Engineer

Job description

Design and Technical Development

• Provide input on design aspects to create cost-efficient proposals, liaising with design teams and reviewing plans for cost implications.
• Conceptualizes designs across project phases, including gathering information, calculations, preparation of drawings and technical specifications, and writing of technical reports as far as the discipline is concerned
• Develop and refine engineering designs, drawings, and project specifications.
• Review design plans to ensure accuracy, feasibility, and alignment with project requirements.
• Conduct technical evaluations and recommend design improvements or alternative solutions.
• Ensure all designs comply with industry standards, safety codes, and company guidelines.

Cost Estimation & Analysis

• Prepare detailed cost estimates, including materials, labor, equipment, and subcontracting.
• Analyze project specifications and drawings to determine cost drivers and potential risks.
• Conduct cost benchmarking and price analysis using updated market data.
• Propose value engineering options to optimize design and reduce costs without compromising quality.
• Develops and prepares unit cost of all services, activities, equipment and materials by using historical data, current pricing policies and regulations (wage orders, Consumer Price Index, inflation rate, foreign exchange rates) in the locality where the expense will be incurred in order to ensure accuracy of estimates to be used for project budget approval.
• Prepares variance analysis during bidding by comparing the UPA developed internally against the contractor’s UPA or proposal to ensure cost prepared by the contractor is accurate and compliance to estimating guidelines.

Documentation and Reporting

• Prepare and maintain design documents, cost summaries, BOQs, and technical reports.
• Track cost changes due to design revisions and prepare updated costing sheets.
• Ensure proper documentation and filing of all design and costing records.

Qualifications

• Graduate of any Engineering course
• Licensed Engineer
• With at least 5-years actual work experience in quantity surveying and with construction or project management work related experience
• Experience in cost planning, bill of quantities, pre-tender estimates, commercial management and project post contract