About the role
Key Responsibilities:
- Review architectural, structural, and engineering drawings to understand project scope and requirements.
- Prepare detailed cost estimates for materials, labour, equipment, and other project expenses.
- Develop project cost plans and budgets to monitor and control expenditures.
- Prepare tender documents, bills of quantities (BOQs), and cost breakdowns.
- Evaluate quotations and bids from contractors and suppliers to ensure competitive pricing and quality.
- Negotiate pricing, contracts, and terms with contractors and suppliers.
- Review and manage contracts to ensure compliance with agreed terms and conditions.
- Assess project variations and scope changes and update cost estimates accordingly.
- Monitor project expenses against approved budgets and identify potential cost overruns.
- Evaluate completed work and support contractor payment certification.
- Prepare regular cost reports and provide budget updates to project management.
- Conduct feasibility studies and value engineering exercises to identify cost-saving opportunities.
- Identify financial risks, including material price fluctuations and project cost uncertainties, and develop mitigation strategies.
- Ensure compliance with applicable construction regulations, safety requirements, and environmental standards.
Requirements
- Bachelor's degree in Civil Engineering, Mechanical Engineering, Construction Management, Estimation and Costing, or a related field.
- Strong understanding of construction cost estimation, budgeting, and tendering processes.
- Ability to interpret technical drawings, specifications, and project documents.
- Knowledge of BOQ preparation, quantity estimation, and material cost analysis.
- Understanding of contract administration, cost control, and financial reporting.
- Strong analytical, numerical, negotiation, and problem-solving skills.
- Good communication and coordination skills.
- Proficiency in relevant estimation software and Microsoft Excel is preferred.
- Ability to manage multiple estimates, meet deadlines, and maintain accuracy.