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Cost Estimation and Budgeting Specialist

1 month ago

Singapore THE SUPREME HR ADVISORY PTE. LTD. Full time

We are seeking a highly skilled Cost Estimation and Budgeting Specialist to join our team at THE SUPREME HR ADVISORY PTE. LTD.

Job Description:

As a key member of our team, you will be responsible for preparing detailed cost estimates for MEP projects, analyzing project specifications and drawings to determine the scope of work and associated costs. You will also perform quantity take-offs for materials and labour required for MEP installations, collaborate with project teams to ensure accurate and comprehensive quantity assessments, develop and manage project budgets, and monitor and report on cost variations.

Responsibilities:
  • Cost Estimation:
  • Prepare detailed cost estimates for MEP (Mechanical, Electrical, Plumbing) projects;
  • Analyze and evaluate project specifications and drawings to determine the scope of work and associated costs;
  • Quantity Take-off:
  • Perform quantity take-offs for materials and labour required for MEP installations;
  • Collaborate with project teams to ensure accurate and comprehensive quantity assessments;
  • Budgeting and Cost-control:
  • Develop and manage project budgets, ensuring cost control throughout the project lifecycle;
  • Monitor and report on cost variations, providing recommendations for cost-saving measures;
  • Tendering and Procurement:
  • Assist in the preparation of tender documents and participate in the procurement process;
  • Evaluate subcontractor and supplier bids, ensuring competitiveness and adherence to project requirements;
  • Contract Administration:
  • Administer and manage contracts related to MEP works, including variations and claims;
  • Monitor contractual compliance and resolve any disputes that may arise during the project;
  • Risk Management:
  • Identify and assess potential risks related to cost and contract issues;
  • Develop strategies to mitigate risks and ensure project success;
  • Cost Reporting:
  • Generate regular cost reports to keep stakeholders informed of project financial status;
  • Provide analysis and recommendations based on cost reporting data;

Required Skills and Qualifications:

  • Degree / Diploma in Quantity Surveying / Engineering or equivalent from a recognized University;
  • Minimum 5 years of related working experiences in industrial, commercial or data-centre projects;
  • Good working knowledge in Mechanical and Electrical;

Salary: The salary for this position is estimated to be between $3,000 - $6,000 per annum, depending on experience.