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Project Cost Strategist
3 weeks ago
Job Summary:
The Procurement Specialist will be responsible for developing and implementing cost-effective solutions to achieve project objectives.
- Key Responsibilities:
- Develop detailed cost plans for projects, estimating materials, labor, equipment costs, overheads, contingencies, and indirect costs.
- Participate in the tendering process, preparing and submitting tender documents.
- Negotiate contract terms and conditions with clients, ensuring fairness and balance.
- Identify and mitigate risks impacting project cost, quality, or schedule.
- Find cost-saving solutions to meet project goals.
Post-Contract Phase:
- Monitor project costs and ensure delivery within budget, tracking actual costs against the plan, identifying overruns, and suggesting corrective action.
- Manage variations that impact project cost or schedule, assessing implications and negotiating with clients and sub-contractors.
- Assess sub-contractor progress claims.