
Cost & Estimation Manager
3 weeks ago
- Review project drawings, specifications, BOQs, and scope of work for accuracy and completeness.
- Prepare detailed cost estimates for interior fit-out projects, including materials, labor, equipment, and subcontractor costs.
- Analyze tender documents and client requirements to prepare competitive proposals.
- Liaise with design, engineering, and procurement teams for accurate cost data.
- Ensure estimates meet both client requirements and internal profit margins.
2. Cost Management:
- Develop project budgets and monitor costs throughout the project lifecycle.
- Track and manage variations, change orders, and value engineering opportunities.
- Provide regular cost reports to management and highlight any budget overruns or cost-saving opportunities.
- Maintain and update cost databases for materials, labor, and subcontractor rates.
3. Procurement & Vendor Management:
- Obtain and analyze quotations from suppliers and subcontractors to ensure competitiveness.
- Negotiate terms, pricing, and timelines with vendors.
- Collaborate with procurement to finalize purchase orders and contracts.
4. Coordination & Communication:
- Work closely with the design, project management, and operations teams to align cost plans with project delivery.
- Attend client and consultant meetings to clarify and present cost estimates.
- Provide technical and commercial advice to support business development.
5. Compliance & Quality Control:
- Ensure all estimates and cost data comply with company standards, local regulations, and industry best practices.
- Maintain confidentiality and integrity of cost-related information.
Qualifications & Skills:
- Education: Bachelor's degree in Quantity Surveying, Civil Engineering, Interior Design, or related field.
- Experience: 8+ years of relevant experience, with at least 4 years in interior fit-out cost estimation.
- Technical Skills:
- Proficiency in MS Excel, AutoCAD, and estimation software
- Strong understanding of interior fit-out materials, finishes, joinery, MEP integration, and installation methods.
- Soft Skills:
- Excellent analytical and numerical skills.
- Strong negotiation and communication skills.
- Attention to detail and accuracy.
- Ability to work under pressure and meet tight deadlines.
Key Performance Indicators (KPIs):
- Accuracy of cost estimates vs. actual project costs.
- Tender success rate.
- On-time submission of estimates and proposals.
- Cost savings achieved through value engineering.
- Vendor performance and cost competitiveness.
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