HEAD PLANNING, COSTING & BUDGETING (COMMERCIAL PROJECTS)
KEY DELIVERABLES & RESPONSIBILITIES:
- Develop and execute the companys estimation strategy to ensure accurate project cost assessments.
- Responsible for estimation of project of overall project; monitoring and controlling project with respect to cost, resource deployment and time over-runs to ensure satisfactory execution and profitability.
- Working closely with the BD team to arrive at construct cost and feasibility of projects.
- Formulation of operating budgets and managing cash flows
- Assist in the aspects of Project Planning, Scheduling and Cost Estimation, Quantity Surveying.
- Monitoring Contract Management, Tendering Process, Procurement Schedules, and Cash Flow projections for the projects.
- Rate analysis and Estimation database development.
- Preparation of concept level estimate for Business Development
- Preparation of cost and MIS reports (CTC analysis)
- Preparation/validation of BOQ & detailed estimates for all activities (Civil, finishes & MEP, Landscape etc.)
- Align estimation processes with overall business goals and objectives.
- Lead a team of estimation professionals, providing guidance and fostering a collaborative work workplace.
- Oversee the development of estimating talent through training and mentorship.
- Manage the preparation of competitive and compelling bids by providing accurate and timely cost estimates.
- Collaborate with proposal teams to ensure alignment between technical and financial aspects.
- Conduct thorough risk assessments related to project costs, identifying potential challenges and opportunities.
- Develop risk mitigation strategies to enhance the accuracy of estimates.
- Implement benchmarking processes to compare and validate cost estimates against industry standards.
- Develop and maintain sophisticated cost models to support various types of projects.
- Regularly update models based on historical data and evolving market conditions.
- Collaborate closely with vendors and suppliers to gather relevant data for accurate estimations.
- Ensure seamless communication between estimation and project execution teams.
- Drive continuous improvement initiatives within the estimation department.
- Implement new tools, methodologies, and best practices to enhance efficiency and accuracy.
- Stay abreast of industry trends, market conditions, and regulatory changes affecting project costs.
- Integrate market insights into estimation processes for informed decision-making.
- Ensure comprehensive documentation of estimation processes, assumptions, and methodologies.
- Provide regular reports to senior management on estimation performance and key metrics.
WHY THIS ROLE --- IF YOURE EXCITED TO
- Lead planning, budgeting & cost strategy for large-scale commercial developments.
- Drive project profitability through effective cost control and financial governance.
- Influence key business decisions across Projects, Design, Procurement & Finance.
- Balance cost, quality and timelines to deliver maximum project value.
- Turn complex challenges into actionable plans and measurable outcomes.
EXPERIENCE 18 to 25+ years • large-scale real estate / commercial projects
EDUCATION
B.E./B.Tech • Civil / Construction / relevant discipline
EDGE
Grade-A office / IT park • contracts • controls • stakeholder leadership