A person working as a Cost Engineer in SaudiArabia will on average earn $44030 per year (pre-tax value). Salary is provided in USD ($/dollar) value.
Below is a break-down of yearly, monthly, weekly and hourly rate.
| Rate Type | Amount (USD) |
|---|---|
| Yearly salary | $44,030.00 |
| Weekly salary | $846.73 |
| Daily salary | $120.63 |
| Hourly salary | $15.08 |
This means cost engineer salary is above average!
Job Industry: construction
Description: A cost engineer is a professional responsible for managing and controlling the costs associated with engineering projects. They play a crucial role in ensuring that projects are completed within budget and financial constraints. Cost engineers work closely with project managers, architects, and other stakeholders to estimate project costs, develop budgets, monitor expenses, and identify cost-saving opportunities. They analyze data, perform cost calculations, and prepare reports to provide accurate cost forecasts and recommendations. Additionally, cost engineers may also be involved in risk assessment, contract negotiations, and procurement activities.
Tagged with: Cost Engineer, Project Cost Management, Budgeting, Cost Control, Financial Analysis, Risk Assessment