
Construction Cost Analyst
7 days ago
Key Responsibilities:
- Prepare Comprehensive Cost Estimates: Develop accurate cost estimates based on project blueprints, specifications, and design documents.
- Manage Project Budgets: Develop, monitor, and update project budgets, ensuring cost efficiency and risk management throughout the project lifecycle.
- Conduct Regular Cost Analyses: Conduct regular cost analyses and forecasts to track and report on project expenditures.
- Collaborate with Project Managers: Collaborate with project managers to address and control any cost discrepancies.
- Prepare Tender Documents: Prepare tender documents, contracts, and bills of quantities for vendors and subcontractors.
- Evaluate Tenders: Evaluate and assess tenders to support the selection of cost-effective and compliant contractors.
- Prepare Valuations: Prepare and evaluate valuations, progress payments, and final account statements for contractors and subcontractors.
- Review Invoices: Review and verify invoices, progress claims, and variations, ensuring they meet agreed terms.
- Identify Potential Risks: Identify potential cost-related project risks and suggest effective risk mitigation strategies.
- Manage Changes in Project Scope: Manage changes in project scope, preparing cost impact analyses and reporting updates to the project team.
- Provide Financial Reports: Provide regular financial reports, including budget variances, project expenditures, and forecasts for senior management.
- Maintain Accurate Records: Maintain accurate records of all financial transactions, contracts, and project documentation.
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