Manager - MEP Cost Estimation

4 hours ago

Mumbai, Maharashtra, India ACME SERVICES PRIVATE LIMITED Full time ₹ 15,00,000 - ₹ 25,00,000 per year

Cost Estimation for MEP Works:

  • Prepare detailed cost estimates for all MEP components, including materials, labor, and overheads, based on project designs and technical specifications.
  • Collaborate with design and engineering teams to ensure cost estimates align with project requirements and technical standards.

Budget Control & Cost Monitoring:

  • Track and monitor the actual costs of MEP works against the approved budget, identifying variances and implementing corrective actions when necessary.
  • Ensure all MEP-related costs are accounted for during the project lifecycle and collaborate with the procurement and construction teams to maintain financial discipline.

Vendor & Contractor Cost Management:

  • Manage relationships with MEP vendors and contractors, ensuring contracts are negotiated within budget, and monitor their financial performance throughout the project.
  • Evaluate resource utilization, including manpower and materials, to optimize costs and ensure the efficient execution of MEP works.

Reporting & Documentation:

  • Prepare financial reports, cost forecasts, and variance analyses for MEP works, providing insights t~o the Planning and Costing Lead and senior management.
  • Maintain detailed documentation of cost estimation processes, budget adjustments, and all financial transactions related to MEP activities.

Cost Risk Assessment & Mitigation:

  • Identify and assess potential risks that could affect MEP costs, such as price fluctuations of electrical or mechanical components.
  • Implement risk mitigation strategies to prevent cost overruns and ensure compliance with financial and contractual guidelines.

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