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2 weeks ago
Cost Management Specialist
About the RoleWe are seeking a skilled Cost Management Specialist to join our team. As a key member of our project management group, you will be responsible for managing costs associated with construction projects.
- You will work closely with project stakeholders to ensure that project requirements are met and that costs are effectively managed.
Conducting thorough analysis of project scope to identify cost-saving opportunities.
Validating technical specifications received from the design team to ensure alignment with project requirements.
Optimizing specifications without compromising on client requirements.
Verifying bills of quantities (BOQs) and backup workings to ensure accuracy.
Presenting BOQs and solutions to management for approval.
Reviewing request for acceptance (RA) bills and final bills.
Preparing amendments as needed.
Validating budget cost analysis based on benchmark cost matrix.
Suggesting alternative solutions to actual designs to minimize costs.
Exploring new products and obtaining approvals for their use.
Proposing optimization options in budgets.
Ensuring timely completion of budget requirements without delays.
Preparing reports on cost analysis of projects as per management's requirements.
Strong analytical and problem-solving skills.
Detailed understanding of construction processes and systems.
Excellent communication and interpersonal skills.
Proficiency in relevant software applications.
Ability to work independently and collaboratively as part of a team.
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