Cost Engineer
Parsons Corporation
Date: 3 weeks ago
City: Riyadh
Contract type: Full time

In a world of possibilities, pursue one with endless opportunities. Imagine Next!
When it comes to what you want in your career, if you can imagine it, you can do it at Parsons. Imagine a career working with intelligent, diverse people sharing a common quest. Imagine a workplace where you can be yourself. Where you can thrive. Where you can find your next, right now. We’ve got what you’re looking for.
Job Description
Parsons is looking for an amazingly talented Cost Engineer to join our team! In this role you will get to provide input and recommendations for cost engineering requirements relative to staffing and project control for the full range of cost engineering activities. Prepares detailed manpower work plans for cost engineering activities.
What You'll Be Doing
We truly invest and care about our employee’s wellbeing and provide endless growth opportunities as the sky is the limit, so aim for the stars! Imagine next and join the Parsons quest—APPLY TODAY!
Parsons is aware of fraudulent recruitment practices. To learn more about recruitment fraud and how to report it, please refer to https://www.parsons.com/fraudulent-recruitment/.
When it comes to what you want in your career, if you can imagine it, you can do it at Parsons. Imagine a career working with intelligent, diverse people sharing a common quest. Imagine a workplace where you can be yourself. Where you can thrive. Where you can find your next, right now. We’ve got what you’re looking for.
Job Description
Parsons is looking for an amazingly talented Cost Engineer to join our team! In this role you will get to provide input and recommendations for cost engineering requirements relative to staffing and project control for the full range of cost engineering activities. Prepares detailed manpower work plans for cost engineering activities.
What You'll Be Doing
- Reviews as directed cost engineering and material control related provisions of proposals, and develops supporing data for contract negotiations.
- Prepares cost presentations and interfaces with designated management and client counterparts for specific cost engineering tasks.
- Responsible for the timely andcompetent performance of cost estimates. Establishes the conceptual scope of estimates and studies. Prepares and analyzes comparisons of scope, quantities and cost data between projects.
- Coordinates and establishes coping requirements for the overall cost estimate by discipline or other specialty and coordinates the timely, systematic and complete acquisition of scope definition and related data.
- Plans, coordinates and establishes level of quantification appropriate to the objectives of the effort and to the level of scope definition for each discipline or specialty and designates reference job(s) for source data and/or reconciliations of quantities.
- Reviews quantities and their completeness and reasonableness.
- Coordinates pricing structure or criteria to be used by each discipline or specialty which meet the objectives of the cost estimate.
- Establishes format and content of summaries and reconciliations, including segregation of cost according to level of confidence, identification of areas of risk.
- Supervises the preparation of project cost budgets for compliance with budgeting standards, completeness and accuracy.
- Defines project needs for cost control in accordance with established company and client contractual requirements, objectives and prrocedures. Supervises the timely and competent performance of cost control activities.
- Reviews and critiques designs and specifications for cost effectiveness and suggests alternatives when appropriate.
- Supervises cost recording, monitoring, and reporting practices for compliance with applicable standards.
- Supervises investigating requirements for estimating and/or cost control data for specific discipline or other specialty applications.
- Identifies needs for cost analysis support for the project, and recommends development of modification of cost engineering data standards.
- Assists in developing unit manhour and pricing data for a specific discipline or other specialty, including estimating parameters, factors indices, productivity and craft distribution reference data, etc. based on analysis of company and industry experience. Performs data analysis.
- Identifies problems and makes recommendations.
- Bachelor's degree in Engineering from an accredited institution/ university is required.
- Minimum 5 years experience performing, monitoring, reviewing and presenting project cost engineering functions within a major infrastructure program, which include cost estimating, cost control, cost analysis and proposal activities.
- Demonstrated skill in establishing criteria, planning and supervising project cost engineering activities.
- Experience and demonstrated skill in supervising cost estimates, cost control, and overall project reporting activities.
- Knowledge of engineering, construction, and business management techniques customarily acquired by prolonged course of specialized instruction.
- Knowledgeable of current industry and technical development.
- Excellent verbal and written communication is English is required.
- Experience in Value Engineering exercises
We truly invest and care about our employee’s wellbeing and provide endless growth opportunities as the sky is the limit, so aim for the stars! Imagine next and join the Parsons quest—APPLY TODAY!
Parsons is aware of fraudulent recruitment practices. To learn more about recruitment fraud and how to report it, please refer to https://www.parsons.com/fraudulent-recruitment/.
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