Responsibilities
* Preparation of detailed and accurate cost estimates for construction projects, encompassing materials, labor, equipment, and overhead costs, taxes etc.
* Review project plans, specifications, and drawings to accurately determine the scope of work and generate reliable cost projections.
Quantity Take off
* Oversee and ensure thorough quantity take-offs from project documents for effective cost assessment.
* Collaborate with the design and engineering teams to ascertain and resolve any discrepancies in project specifications.
Data Management
* Maintain and refine cost estimation databases, ensuring they are up-to-date with regional labor rates, material prices, and subcontractor quotes.
* Conduct market analysis and benchmarking studies to enhance the accuracy and competitiveness of estimates.
* Supervise and mentor junior engineers in the estimation process, providing guidance and support in developing their skills.
* Attend estimation reviews and discussions with reporting managers to establish insights and implications for financial forecasting.
Stakeholder Collaboration
* Collaborate with project managers, architects, and clients to clearly understand project requirements and align on financial expectations.
* Engage with procurement and contracts teams to obtain quotes and clarify technical aspects relevant to the estimates.
Documentation and Reporting
* Prepare and manage comprehensive documentation for estimates, including methodologies, assumptions, and any relevant changes that arise during the project lifecycle.
* Generate regular reports comparing estimated costs against actual expenditures and provide insights for variance analysis.
Site Engagement
* Conduct site visits to verify current conditions and evaluate their impact on project costs and schedules.
* Monitor construction activities to ensure compliance with estimates, suggesting adjustments as necessary to align with budgetary constraints.
ERP
* Possess deep knowledge of "ERP" operations.
* Maintain standard formats for WBS, Labour library, material library etc.
* Upload quantities in ERP.
* Perform necessary amendments.
* Approval of Purchase requisitions.
* Prepare Material reconciliation on monthly basis.
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