Cost Management Specialist

8 hours ago


Lucknow, Uttar Pradesh, India beBeeCostManagement Full time ₹ 90,00,000 - ₹ 1,20,00,000
Job Title: Cost Management Specialist

The Cost Management Specialist role is responsible for managing the financial aspects of construction projects. This includes cost estimation, budget management, and contract administration.

This position requires strong analytical and problem-solving skills to ensure accurate estimates and budgets are created.

The ideal candidate will have a detailed understanding of construction systems and processes, as well as excellent communication and interpersonal skills to work effectively with project stakeholders.

This role involves optimizing specifications without compromising client requirements, validating BOQs and backup workings, and preparing amendments.

A key aspect of this position is the ability to analyze data and present findings to management in a clear and concise manner.

  • Key Responsibilities:
  • Develop and manage project budgets to meet business objectives.
  • Analyze and validate technical specifications received from design teams.
  • Optimize project costs without compromising quality or meeting deadlines.
  • Prepare and present reports on project financial performance to management.
Required Skills:
  • Strong Analytical and Problem-Solving Skills: The ability to collect, analyze, and interpret complex data to make informed decisions.
  • Detailed Understanding of Systems and Construction Processes: Knowledge of construction methodologies and systems to optimize project costs.
  • Excellent Communication and Interpersonal Skills: Effective communication with project stakeholders to ensure successful project outcomes.
  • Proficiency in Relevant Software: Familiarity with software applications used in construction project management.

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