3 hard skills or competencies (industry competencies) for Cost Estimation Engineer II
Skill definition-Forecasting costs and resources to complete a project within a defined scope.
Level 1 Behaviors
(General Familiarity)
Describes the importance of cost estimation to complete a project.
See 4 More Skill Behaviors
Level 2 Behaviors
(Light Experience)
Assists in performing cost estimations to optimize efficiencies for contracting.
See 4 More Skill Behaviors
Level 3 Behaviors
(Moderate Experience)
Determines cost trends to drive cost reduction and process improvement efforts.
See 4 More Skill Behaviors
Level 4 Behaviors
(Extensive Experience)
Oversees the overall cost estimation for the development and execution of engineering projects.
See 4 More Skill Behaviors
Level 5 Behaviors
(Mastery)
Designs modern and advanced process operational models for end-to-end cost estimation and reduction.
See 4 More Skill Behaviors
Skill definition-Managing and implementing requests to change an existing function, process, system, or product.
Level 1 Behaviors
(General Familiarity)
Collects change request forms and related documents for formal assessment.
See 4 More Skill Behaviors
Level 2 Behaviors
(Light Experience)
Documents control changes in manufacturing projects for formal assessment.
See 4 More Skill Behaviors
Level 3 Behaviors
(Moderate Experience)
Executes requests for change based on quality management system (QMS) requirements.
See 4 More Skill Behaviors
Level 4 Behaviors
(Extensive Experience)
Controls the enforcement of standards and GMP practices to optimize the workflow for change control.
See 4 More Skill Behaviors
Level 5 Behaviors
(Mastery)
Creates and implements innovative strategies for organizational change controls in accordance with quality standards.
See 4 More Skill Behaviors
4 general skills or competencies (Job family competencies) for Cost Estimation Engineer II
Skill definition-Applying techniques and processes in examining and evaluating raw data to derive conclusions to support business decision-making.
Level 1 Behaviors
(General Familiarity)
Discusses best practices and concepts in data analytics.
See 4 More Skill Behaviors
Level 2 Behaviors
(Light Experience)
Collects data from sources to provide data analysis and insights.
See 4 More Skill Behaviors
Level 3 Behaviors
(Moderate Experience)
Makes recommendations based on findings from data analytics to report to potential clients.
See 4 More Skill Behaviors
Level 4 Behaviors
(Extensive Experience)
Enhances data collection procedures to build analytic systems.
See 4 More Skill Behaviors
Level 5 Behaviors
(Mastery)
Develops new Data Analytics methodologies and procedures to support business in decision making.
See 4 More Skill Behaviors
Skill definition-Assessing the differences between the current and target state of an organization to determine how to achieve desired business goals.
Level 1 Behaviors
(General Familiarity)
Compiles a list of all the gaps in business performance.
See 4 More Skill Behaviors
Level 2 Behaviors
(Light Experience)
Compiles the unprofitable processes through gap analysis and implements corrective action plans.
See 4 More Skill Behaviors
Level 3 Behaviors
(Moderate Experience)
Conducts gap analysis by complying with regulations and established standards.
See 4 More Skill Behaviors
Level 4 Behaviors
(Extensive Experience)
Directs the facilitation of gap analysis to improve existing business control methods.
See 4 More Skill Behaviors
Level 5 Behaviors
(Mastery)
Creates gap analysis to achieve the functional competitive advantage of the business.
See 4 More Skill Behaviors
6 soft skills or competencies (core competencies) for Cost Estimation Engineer II
Skill definition-Accumulating necessary information from various resources to clarify the situation or make an informed business decision.
Level 1 Behaviors
(General Familiarity)
Describes the importance of gathering relevant information in making informed business decisions.
See 4 More Skill Behaviors
Level 2 Behaviors
(Light Experience)
Checks multiple sources to get complete and accurate information.
See 4 More Skill Behaviors
Level 3 Behaviors
(Moderate Experience)
Asks questions and gathers the necessary information to make informed business decisions.
See 4 More Skill Behaviors
Level 4 Behaviors
(Extensive Experience)
Monitors the overall process of records retention programs.
See 4 More Skill Behaviors
Level 5 Behaviors
(Mastery)
Creates confidentiality agreements to ensure accurate submission of information from employees.
See 4 More Skill Behaviors
Skill definition-Gathering, organizing, and analyzing information to identify the root cause of organizational problems and develop alternative solutions accordingly.
Level 1 Behaviors
(General Familiarity)
Describes the importance of analytical thinking in the workplace.
See 4 More Skill Behaviors
Level 2 Behaviors
(Light Experience)
Applies appropriate methods to organize and disclose meaningful data patterns.
See 4 More Skill Behaviors
Level 3 Behaviors
(Moderate Experience)
Decomposes complex issues into several parts and solves them individually.
See 4 More Skill Behaviors
Level 4 Behaviors
(Extensive Experience)
Coaches others on using logic and reasoning to process and organize information.
See 4 More Skill Behaviors
Level 5 Behaviors
(Mastery)
Establishes critical training and initiatives to foster analytical thinking across our business.
See 4 More Skill Behaviors
Summary of Cost Estimation Engineer II skills and competencies
There are 3 hard skills for Cost Estimation Engineer II, Cost Estimation, Change Control, Materials Requirement Planning (MRP).
4 general skills for Cost Estimation Engineer II, Data Analytics, Gap Analysis, Enterprise Resource Planning (ERP), etc.
6 soft skills for Cost Estimation Engineer II, Gathering Information, Analytical Thinking, Attention to Detail, etc.
While the list totals 13 distinct skills, it's important to note that not all are required to be mastered to the same degree. Some skills may only need a basic understanding, whereas others demand a higher level of expertise.
For instance, as a Cost Estimation Engineer II, he or she needs to be proficient in Gathering Information, be proficient in Analytical Thinking, and be proficient in Attention to Detail.