Cost Management Specialist

6 days ago


Davangere, Karnataka, India beBeeCostManagement Full time ₹ 8,00,000 - ₹ 16,00,000
Job Title: Cost Management Specialist

 

About the Role:

The cost management specialist is responsible for overseeing construction project costs, encompassing cost estimation, budget planning, and contract administration.

Responsibilities:

  1. Review project scope in-line with design requirements to ensure accurate cost estimates.
  2. Validate technical specifications received from the design team to guarantee conformity to client expectations.
  3. Optimize project specifications without compromising client deliverables.
  4. Verify and validate bill of quantities (BOQs) and supporting documentation.
  5. Present BOQs and proposed solutions to management for approval.
  6. Examine and verify requests for advance (RA) bills and final invoices.
  7. Prepare amendments as required.
  8. Develop and validate budget cost analyses based on benchmark cost matrices.
  9. Present alternative budget options considering various design scenarios.
  10. Explore new products and procure necessary approvals.
  11. Propose optimized budget options for project managers.
  12. Deliver high-quality budget reports as per management requirements within stipulated timelines.

Required Skills and Qualifications:

  • Strong analytical and problem-solving skills.
  • Detailed understanding of construction processes and systems.
  • Excellent communication and interpersonal skills.
  • Proficiency in relevant software applications.
  • Able to work independently and collaboratively within a team environment.


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