ROLES AND RESPONSIBILITIES

1.

Project Cost

Estimation and Budgeting

- Prepare preliminary conceptual, and detailed cost estimates for residential, commercial, retail, hospitality, and infrastructure projects.

- Develop comprehensive project budgets based on approved drawings, specifications, area statements, project timelines, and defined scope of work.

- Prepare cost estimates at various design stages, including concept, schematic, design development, tender, and Good for Construction stages.

- Review project budgets periodically and update them based on design development, scope changes, market conditions, and management decisions.

2.

Quantity

Take-Off and Rate Analysis

- Review architectural, structural, MEP, landscape, faade, interior, and infrastructure drawings to prepare and validate quantity take-offs.

- Prepare detailed rate analyses considering material consumption, labour productivity, plant and machinery, wastage, logistics, overheads, taxes, and contractor margins.

- Validate quantities and rates received from project teams, consultants, contractors, and procurement teams.

3. BOQ and Tender Costing

- Prepare and review Bills of Quantities, cost estimates, scope documents, and pre-tender estimates for various work packages.

- Ensure completeness of BOQs and identify any missing items, scope gaps, quantity discrepancies, or potential commercial risks before tendering.

- Provide cost benchmarks to the Procurement and Contracts teams for commercial evaluation of bids.

- Review comparative statements and analyse quoted rates against approved budgets, market rates, and historical benchmarks.

- Assess the budget impact before finalization of work orders, purchase orders, and contract amendments.

4. Cost Monitoring and Control





- Monitor approved budget, current budget, awarded cost, committed cost, incurred cost, anticipated cost, and balance cost to complete.

- Prepare periodic project cost reports, including budget variance, cost-to-complete, estimate-at-completion, cash-flow forecast, and major cost risks.

- Track unawarded packages and update projected costs based on current market rates and procurement status.

- Identify potential cost overruns at an early stage and recommend appropriate corrective and preventive measures.

- Ensure that all approved and anticipated cost changes are incorporated into the latest project cost forecast.

5.

Design Cost

Management and Value Engineering

- Review design proposals, specifications, and material selections from a cost perspective.

- Provide timely cost inputs to Design and Project teams to ensure alignment with the approved project budget.

- Evaluate alternative materials, specifications, construction methodologies, and design options.

- Lead value-engineering exercises in coordination with Design, Projects, Procurement, Contracts, and consultants.

- Prepare option comparison statements highlighting cost, quality, execution time, maintenance, and lifecycle implications.

- Track approved value-engineering initiatives and quantify the cost savings achieved.





- Ensure that cost optimization does not compromise design intent, functionality, quality, safety, statutory requirements, or customer commitments.

6. Variation and Change Management

- Assess the cost impact of design changes, revised drawings, additional works, site instructions, and changes in specifications.

- Review Variation Order Requests submitted by contractors, consultants, and project teams.

- Validate contractual entitlement, quantities, rates, supporting documents, and budget availability for proposed variations.

- Maintain a consolidated Variation Order Register covering approved, pending, anticipated, rejected, and under-review variations.

- Provide detailed cost-impact statements before approval of any design or scope change.

- Ensure that approved and foreseeable variations are incorporated into the revised project cost forecast.

Preferred Candidate Details:

- Bachelors degree in civil engineering from a recognized university or institution.

- Skilled certification in Quantity Surveying, Cost Management, or Project Management will be an added advantage

- Proficiency in Advanced MS Excel, AutoCAD, ERP/SAP, and cost-management or quantity take-off software is desirable.

- 1620 years of overall experience in project costing, estimation, budgeting, quantity surveying, or cost control within the real estate or construction industry.

- Sound experience in the costing of high-rise residential, luxury housing, villas, commercial, mixed-use, and infrastructure works.

- Hands-on experience in project budgeting, quantity take-off, rate analysis, tender estimation, value engineering, variation assessment, cost monitoring, and cost-to-complete forecasting.

📌 Lead - AGM/DGM (Costing) (Gurugram)
🏢 Emaar India
📍 Gurugram