Cost Estimation Engineer II estimates costs for engineering projects based on an analysis of project technical requirements. Collects and analyzes all project costs, including raw materials, labor, equipment and tooling to ensure estimates are accurate. Being a Cost Estimation Engineer II identifies and quantifies potential cost uncertainties to ensure costing models capture the full range of potential costs. Updates costs as necessary based on new information and project scope changes. Additionally, Cost Estimation Engineer II requires interface with project management, engineering, and procurement departments. Requires a bachelor's degree. Typically reports to a manager. The Cost Estimation Engineer II occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. To be a Cost Estimation Engineer II typically requires 2 -4 years of related experience.