Qureos Mentor

Sieger Industries Pvt Ltd

A Project Cost Estimator is responsible for accurately calculating and forecasting the costs associated with a project, from inception to completion. They analyze project specifications, materials, labor, and other factors to develop detailed estimates that enable organizations to plan and budget effectively.Key Responsibilities:<ul><li>Project Analysis: Review project plans, blueprints, specifications, and other relevant documents to understand the scope, requirements, and objectives of the project.</li><li>Cost Estimation: Utilize specialized software and tools to calculate the costs associated with various project elements, including materials, labor, equipment, permits, and overhead.</li><li>Data Collection: Gather data on material prices, labor rates, and other cost-related information from suppliers, contractors, and industry databases.</li><li>Quantitative Analysis: Conduct quantitative analysis of project requirements, considering variables such as quantity, quality, and timing, to ensure accurate cost calculations.</li><li>Risk Assessment: Identify and assess potential risks and uncertainties that could impact project costs and develop contingency plans.</li><li>Budget Development: Collaborate with project managers and stakeholders to develop detailed project budgets based on cost estimates.</li><li>Cost Tracking: Monitor project costs throughout its lifecycle, track actual expenditures against budgeted costs, and provide regular reports to stakeholders.</li><li>Bid Preparation: Prepare detailed cost estimates for project bids and proposals to help organizations secure contracts.</li><li>Cost Optimization: Identify opportunities for cost savings or value engineering without compromising project quality or safety.</li><li>Documentation: Maintain accurate records of cost estimates, assumptions, and data sources for future reference and auditing purposes.</li><li>Compliance: Ensure compliance with industry standards, regulations, and company policies when estimating project costs.</li><li>Communication: Communicate cost-related information effectively to project teams, management, and external stakeholders.</li><li>Continuous Improvement: Stay updated on industry trends, cost estimation techniques, and software tools to enhance accuracy and efficiency.</li><li>Qualifications:</li><li>Bachelor's degree in engineering, construction management, finance, or a related field.</li><li>Relevant certifications, such as Certified Cost Estimator/Analyst (CCEA) or Certified Professional Estimator (CPE), may be preferred.</li><li>Proficiency in cost estimation software and Microsoft Excel.</li><li>Strong analytical, mathematical, and problem-solving skills.</li><li>Excellent attention to detail and accuracy.</li><li>Knowledge of industry-specific regulations and standards.</li><li>Effective communication and interpersonal skills.</li><li>Ability to work independently and as part of a team.</li></ul>Experience:Typically, 3-5 years of experience in project cost estimationPrevious experience in the specific industry or sector of the hiring organization is preferred.Email: admin@siegerindustries.com Mob; 03005013552 (HR Deptt)ceo@siegerindustries.comJob Type: Full-timePay: From Rs80,000.00 per month

Project Cost Estimator for furniture manufacturing industry

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Sieger Industries Pvt Ltd

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Project Cost Estimator for furniture manufacturing industry