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Project Cost Controller
7 days ago
The Planning Manager plays a pivotal role in project planning, cost management, and budget administration for Shrachi Realty's real estate projects. This position ensures accurate quantity and cost estimations while supporting the Contracts & Procurement teams as needed for cost-related assessments to guarantee efficient project execution.
Key Responsibilities
- Budget & Cost Management:
- Prepare and maintain detailed budget estimates for projects to ensure accuracy in project and financial planning.
- Monitor ongoing project costs and conduct regular cost-to-complete assessments to align with budget forecasts.
- Implement cost control measures to manage and mitigate budget overruns, ensuring adherence to approved project plans.
- Quantity & Cost Estimation:
- Prepare accurate quantity and cost estimates for BOQ and BOM preparation and incorporation in ERP.
- Assist in drafting or revising BOQ technical specifications as required.
- Conduct quantity take-offs from architectural, structural, and MEP drawings per project requirements or updated designs.
- Support for Contracts & Procurement:
- Provide timely quantity and cost inputs to support contract negotiations and procurement decisions.
- Collaborate on material (free issue) reconciliation and prepare monthly reconciliation reports in coordination with the site to inform procurement planning.
- Coordination and Documentation:
- Coordinate across departments to align project objectives with quantities, costs, and timelines.
- Maintain accurate records of project-related documentation, including contracts, payments, and cost estimates.
About You:
As a skilled Project Cost Controller, you will be responsible for managing project budgets, conducting cost estimations, and collaborating with cross-functional teams to ensure successful project execution. Your attention to detail, analytical skills, and ability to communicate effectively will enable you to make a significant impact at Shrachi Realty.
