Assistant Manager - Estimation

Key Responsibilities: 1. Cost Estimation: o Preparation of detailed and accurate cost estimates for construction projects, encompassing materials, labor, equipment, and overhead costs, taxes etc. o Review project plans, specifications, and drawings to accurately determine the scope of work and generate reliable cost projections. 2. Quantity Take off: o Oversee and ensure thorough quantity take-offs from project documents for effective cost assessment. o Collaborate with the design and engineering teams to ascertain and resolve any discrepancies in project specifications. 3. Data Management: o Maintain and refine cost estimation databases, ensuring they are up-to-date with regional labor rates, material prices, and subcontractor quotes. o Conduct market analysis and benchmarking studies to enhance the accuracy and competitiveness of estimates. 4. Project Leadership: o Supervise and mentor junior engineers in the estimation process, providing guidance and support in developing their skills. o Attend estimation reviews and discussions with reporting managers to establish insights and implications for financial forecasting. 5. Stakeholder Collaboration: o Collaborate with project managers, architects, and clients to clearly understand project requirements and align on financial expectations. o Engage with procurement and contracts teams to obtain quotes and clarify technical aspects relevant to the estimates. 6. Documentation and Reporting: o Prepare and manage comprehensive documentation for estimates, including methodologies, assumptions, and any relevant changes that arise during the project lifecycle. o Generate regular reports comparing estimated costs against actual expenditures and provide insights for variance analysis. 7. Site Engagement: o Conduct site visits to verify current conditions and evaluate their impact on project costs and schedules. o Monitor construction activities to ensure compliance with estimates, suggesting adjustments as necessary to align with budgetary constraints. 8. ERP: o Possess deep knowledge of “ERP” operations. o Maintain standard formats for WBS, Labour library, material library etc. o Upload quantities in ERP. o Perform necessary amendments. o Approval of Purchase requisitions. 9. Reconciliation: o Prepare Material reconciliation on monthly basis.