Strategic Project Cost Estimator

6 days ago

Bengaluru, Karnataka, India beBeeEstimator Full time ₹ 40,00,000 - ₹ 50,00,000
Job Overview:

The Senior Manager is a critical role in overseeing project cost management, estimating, and quantity surveying.

This senior manager provides strategic guidance, justifies claims, develops and manages the item master with accurate rate analysis, negotiates with vendors, and ensures all deliverables are completed within project timelines.

  • Key Responsibilities:
  • Project Cost Management & Estimation
    • Prepare detailed estimates for civil, interior, MEP, and specialized fit-out packages.
    • Provide timely budget estimates and cost advice during design development stage.
    • Review project drawings, specifications, and site conditions to ensure accuracy in estimate computation.
    • Analyze and justify variance in bills versus estimate or contract scope; coordinate with project and billing teams for resolution.
  • Rate Analysis & Item Master Management
    • Develop, maintain, and periodically update an item master for materials, BOQ items, and fit-out services with detailed rate analysis (labor, material, overheads, statutory taxes).
    • Research and benchmark market rates to keep analyses current and competitive.
    • Ensure the item master is used as the basis for tendering, cost control, and contract finalization.
  • Vendor Negotiation & Value Engineering
    • Support tendering, bid evaluation, and negotiation with vendors, contractors, and suppliers to optimize project costs and value.
    • Liaise with procurement for technical and commercial clarifications and to ensure fair evaluation and award.
    • Identify and evaluate value engineering opportunities in collaboration with the Design and MEP teams.
  • Billing Support & Variation Management
    • Review and validate contractor/subcontractor bills/claims, identifying deviations from contract and budget.
    • Prepare justification notes for all bill variances and support timely closure of commercial issues.
    • Advise project teams on cost implications of design/material changes and site directives.
  • Cross-Functional Coordination
    • Work closely with design, MEP, billing, procurement, and site teams to ensure complete and aligned cost management across project phases.
    • Participate in project meetings and provide commercial insights as required.
  • Documentation & Process Improvement
    • Maintain organized records of all estimates, rate analyses, item masters, and negotiation summaries.
    • Continuously review and enhance QS and estimation processes for accuracy, speed, and transparency.

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