Job Description
Job Description
- Prepare cost estimates for projects, while putting into consideration, all materials, labour, and equipment costs.
- Review project plans and specifications to determine the required quantity, identify potential cost risks and opportunities.
- Manage and negotiate subcontracts with suppliers and contractors to ensure cost-effectiveness.
- Accurately prepare and submit tender documents for projects.
- Monitor project progression and costs to identify and report any variance from the original estimate.
- Review and manage variations to the project scope, ensure that additional cost is presented for approved before incurring such costs.
- Participate in project meetings and provide cost-related advice to the management.
- Maintain accurate records of all project costs and financial transactions.
- Stay up to date on real estate industry trends, cost data, and regulations.
- Contribute to the development and implementation of cost management strategies for the organisation.
- Identify and implement opportunities to improve cost efficiency in projects.
- Collaborate with other professionals such as the architects, engineers, quality assurance officers and project managers on all projects.
- Adhere to professional ethics and standards, ensuring the integrity and accuracy of cost estimates and reports.
Requirements and Qualifications
- Bachelor’s Degree in Quantity Surveying or a related field.
- Membership of a professional Quantity Surveying institute (e.g., RICS, ACQ).
- 5+ years experience in Quantity Surveying or a similar role.
- Strong understanding of material and service costs, pricing, estimations, and specifications.
- Excellent analytical and problem-solving skills.
- Proficient in the use of cost estimation software.
- Strong communication and interpersonal skills.
- Ability to negotiate effectively with suppliers and contractors.
- Ability to work independently and as part of a team.
- Detail-oriented and organised.
- Strong time management and project management skills.
- Ability to work under pressure and meet deadlines.
- Ability to adapt to changing project requirements and priorities.
- Commitment to professional development and continuous learning.
- Strong ethical standards and integrity.