- Prepare initial cost estimates based on project plans and specifications.
- Develop detailed budgets and forecasts for construction projects.
- Monitor costs throughout the project lifecycle to ensure adherence to the allocated budget.
Contract Management:
- Draft, review, and manage construction contracts.
- Ensure compliance with all contractual terms and conditions.
- Handle variations and changes to the project scope and manage associated costs.
Tendering and Procurement:
- Prepare tender documents, including bills of quantities and other pricing schedules.
- Evaluate and select contractors and suppliers based on cost, quality, and reliability.
- Negotiate contract terms and prices with contractors and suppliers.
Cost Control and Management:
- Track and control construction costs throughout the project.
- Conduct regular financial reviews and prepare cost reports.
- Identify and manage financial risks and opportunities.
Valuation and Payment Certification:
- Conduct site visits and assessments to value completed work.
- Prepare and issue interim and final payment certificates to contractors.
- Ensure payments are made according to contract terms and completed work.
Change Management:
- Assess the cost implications of changes in project scope or specifications.
- Negotiate and agree on cost variations with contractors and clients.
- Update project budgets and forecasts to reflect changes.
Final Account Preparation:
- Prepare final accounts and reconcile any discrepancies.
- Ensure all contractual obligations have been fulfilled before closing the project.
- Manage the settlement of final payments and release of retention monies.
Cost Reporting and Analysis:
- Provide regular cost reports to project stakeholders, highlighting key financial metrics and any variances from the budget.
- Analyze cost data to identify trends and areas for improvement.
Requirements:
- A degree in Quantity Surveying, Construction Management, or a related field is required.
- Minimum of 8 years of experience in quantity surveying within the construction industry.
- Proficiency in cost estimation and budgeting software.
- Knowledge of construction methods, materials, and regulations.
- Extensive knowledge of MEP systems.
- Ability to read and interpret architectural and engineering drawings.
- Strong analytical skills to assess costs and financial risks.
- Excellent numerical ability for accurate cost calculations and financial reporting.
- Effective communication skills to liaise with clients, contractors, and other stakeholders.
- Strong negotiation skills to secure favorable terms and manage disputes.
- High attention to detail to ensure accuracy in cost estimates.
- Ability to manage multiple projects and prioritize tasks effectively.
- Strong organizational skills to keep track of documents, contracts, and financial records.
