
Construction Cost Specialist
2 days ago
Job Opportunity: Construction Cost Specialist
A construction cost specialist is responsible for managing the financial aspects of building projects. They play a vital role in ensuring that costs are accurately estimated and budgeted, thereby minimizing potential financial risks.
Main Responsibilities:
- Conducting thorough project scope studies to align with design requirements.
- Evaluating technical specifications received from the design team to ensure accuracy and feasibility.
- Optimizing project specifications while maintaining client expectations.
- Validating Bills of Quantities (BOQs) and backup calculations.
- Presenting BOQs and proposed solutions to management for approval.
- Reviewing and verifying Request for Payment (RA) bills and final invoices.
- Preparing amendments as required.
- Developing budget cost analyses based on benchmark cost matrices.
- Presenting alternative budget options to actual designs for consideration.
- Identifying new products and technologies for potential implementation.
- Suggesting optimization options for budgets.
- Meeting budget deadlines without delays.
- Compiling reports on project cost analysis as per management requirements.
Required Skills and Qualifications:
- Strong analytical and problem-solving skills.
- Detailed understanding of construction systems and processes.
- Excellent communication and interpersonal skills.
- Proficiency in relevant software applications.
- Ability to work independently and collaboratively as part of a team.
This role requires a strong grasp of civil engineering principles and practices, as well as excellent communication and interpersonal skills.
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