Cost Estimator & Controller (Civil & MEP, Construction & Projects)

SALARY: AED 5,000 MAXIMUM

Job Purpose:

The job purpose is to provide accurate cost estimates and financial analysis for construction and development projects. This role involves evaluating project specifications, conducting site visits, and collaborating with various stakeholders to ensure that project costs are accurately forecasted and managed.

Project Evaluation:

- Analyze project plans, specifications, and requirements to understand the full scope of work.

- Conduct site visits to gather data, assess site conditions, and identify any potential challenges or unique factors affecting costs.

Cost Estimation:

- Prepare detailed cost estimates for materials, labor, equipment, and other project-related expenses.

- Use estimation software and tools to develop accurate cost projections and models.

Budget Preparation:

- Create comprehensive project budgets based on cost estimates and project requirements.

- Work closely with project managers and other team members to refine and finalize budgets.

Cost Control:

- Track project costs against the budget throughout the project lifecycle.

- Identify and analyze variances between estimated and actual costs, providing recommendations for corrective actions.

Value Engineering:

- Conduct value engineering exercises to identify cost-saving opportunities while maintaining project quality.

- Recommend alternative materials, methods, or designs to reduce costs without compromising project goals.

Risk Management:

- Identify potential cost risks and develop mitigation strategies.

- Maintain contingency plans to address unforeseen cost increases or project changes.

Reporting and Documentation:

- Prepare and present detailed cost reports and summaries for project stakeholders.

Accuracy of Cost Estimates:

- Percentage of cost estimates that are within a specific margin of error compared to actual project costs.

- Number and significance of variances between estimated and actual project costs.

Timeliness:

- Percentage of cost estimates and budgets delivered within the agreed-upon timeframe.

- Average time taken to prepare and submit estimates for new project requests.

Cost Control:

- Percentage of projects completed within the estimated budget.

- Frequency and magnitude of cost overruns on projects.

Efficiency:

- Average time taken to complete cost estimates from initial request to final submission.

- Number of cost estimates prepared within a specific period.

Quality of Work:

- Assessment of the thoroughness and detail included in cost estimates.

- Adherence to industry standards, regulations, and company policies in cost estimation.

Job Type: Full-time

Pay: Up to AED5,000.00 per month