Determine quantity estimate targets during the design and development process.
Gather proposals, specifications and related documents and liaise with stakeholders in order to arrive at the cost of the items and recommend cost effective solutions.
Utilise cost methodologies and tools and appropriate software models and packages to prepare and maintain reliable and accurate data.
Establish cost estimates and review alternatives or put forward recommendations for improvement
Assess cost effectiveness and track actual costs relative to budget and report status on a regular basis to ensure costs are in line with forecasts
Monitor and review data and information to detect or assess problems
Investigate and identify cost reduction opportunities through rate analysis and cost review
Contribute to cost monitoring and reporting systems and procedures and monitor trends
Prepare cost and expenditure statements, reports and other necessary documentation at regular intervals to share with others in the business
Support all activities in cost estimating and take a proactive approach towards improvements
Provide cost estimates during change process and advise of cost impact of changes. Track and monitor activity