bayt.com
Job Description
Overview:
The QS & Estimation Officer plays a crucial role in our contracting company by accurately estimating project costs and ensuring that projects are financially viable. This role requires a keen eye for detail, strong analytical skills, and the ability to work efficiently under pressure. The QS & Estimation Officer will collaborate closely with project managers, engineers, and other stakeholders to develop comprehensive cost estimates and manage the financial aspects of construction projects.
Responsibilities:
Cost Estimation: Develop accurate and detailed cost estimates for construction projects, including materials, labor, equipment, and overhead costs.
Tender Preparation: Prepare tender documents and pricing schedules in response to client inquiries and invitations to tender.
Bid Analysis: Analyze bids from subcontractors and suppliers to ensure competitiveness and accuracy.
Value Engineering: Identify opportunities for cost savings and value engineering without compromising quality or safety standards.
Budget Management: Assist in developing project budgets and monitor expenditures throughout the project lifecycle to ensure adherence to budgetary constraints.
Contract Negotiation: Participate in contract negotiations with subcontractors, suppliers, and clients to secure favorable terms and conditions.
Quantities Measurement: Perform quantity take-offs from architectural and engineering drawings to support accurate cost estimating.
Cost Control: Implement cost control measures to track project expenses, identify variances, and take corrective actions as necessary.
Documentation: Maintain accurate records of cost estimates, contracts, change orders, and other project-related documents.
Risk Assessment: Identify potential risks and uncertainties associated with project costs and develop mitigation strategies to minimize financial impacts.
Compliance: Ensure compliance with relevant regulations, codes, and standards related to cost estimating and project management.
Continuous Improvement: Stay updated on industry trends, best practices, and new technologies related to cost estimating and construction management. Implement continuous improvement initiatives to enhance efficiency and accuracy.
Skills
- Bachelor’s degree in Quantity Surveying, Construction Management, Civil Engineering, or a related field.
- Proven experience in cost estimation and quantity surveying within the construction industry.
- Strong understanding of construction methods, materials, and techniques.
- Proficiency in cost estimating software and tools.
- Excellent analytical and mathematical skills.
- Effective communication and negotiation skills.
- Ability to work well independently and as part of a team.
- Attention to detail and accuracy.
- Familiarity with relevant regulations and standards.