
Specialist in Cost Optimization
2 weeks ago
Effective Project Cost Management
Job Description:As a key member of our construction projects, you'll be responsible for managing costs associated with specialized systems.
Key Responsibilities:- Study project scope in line with design requirements to ensure accurate cost projections.
- Validate technical specifications received from the design team to prevent budget overruns.
- Optimize specifications without deviating from client requirements to deliver value-driven solutions.
- Validate bill of quantities (BOQs) and backup workings to guarantee accuracy and transparency.
- Presents BOQs and solutions to management for approval, facilitating informed decision-making.
- Check and finalize RA bills and final bills to ensure timely payment and minimize financial risks.
- Prepare amendments to project specifications to reflect changes in design or scope.
- Validate budget cost analysis based on benchmark cost matrix to identify areas for cost reduction.
- Submit alternative budget options considering different design solutions to optimize project outcomes.
- Explore new products and secure approvals to introduce innovation and improve efficiency.
- Propose optimization options in budgets to deliver cost-effective solutions.
- Complete budget requirements within given timelines without delays, ensuring project schedules are met.
- Prepare reports on cost analysis of projects as per management requirements, providing actionable insights.
To succeed in this role, you'll possess strong analytical and problem-solving skills, along with excellent communication and interpersonal skills. Proficiency in relevant software is also essential. You'll work independently and as part of a team to ensure seamless project execution.
Requirements:- Strong understanding of project cost management principles and practices.
- Excellent analytical and problem-solving skills, with ability to interpret data and make informed decisions.
- Strong communication and interpersonal skills, with ability to collaborate with cross-functional teams.
- Proficiency in relevant software, including project management tools and cost estimation software.
By joining our organization, you'll have the opportunity to develop your skills and expertise in project cost management, working with experienced professionals who share your passion for delivering high-quality results.
Benefits:As a successful Quantity Surveyor, you'll enjoy a range of benefits, including professional development opportunities, competitive compensation, and a dynamic work environment that fosters collaboration and innovation.
Why Choose This Role?This role offers the chance to make a real impact on our organization's success, working on exciting projects that require innovative solutions and sound cost management practices.
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