Estimates

Role & responsibilities

• Prepare detailed project cost estimates, BOQs, rate analysis and budgets for construction and development projects.
• Prepare estimates for civil, finishing, MEP, interior and other construction-related works.
• Conduct detailed quantity take-offs from drawings and project documents.
• Analyse material, labour, equipment and subcontractor costs to arrive at accurate project costs.
• Prepare and review Rate Analysis (RA) based on current market rates, approved rates and historical project data.
• Obtain and compare quotations from vendors, contractors and suppliers.
• Review contractor quotations and identify deviations, exclusions, assumptions and cost variations.
• Coordinate with Projects, Procurement, Contracts, Architecture, MEP, Accounts and other departments for cost-related requirements.
• Monitor project costs against the approved budget and highlight significant variations to management.
• Prepare cost comparison statements, budget revisions and variation statements as required.
• Verify quantities and rates in contractor bills, work orders and purchase orders wherever required.
• Maintain proper records of estimates, BOQs, rate analysis, quotations and approved rates for future reference.
• Assist management in evaluating the financial and commercial feasibility of proposed works/projects.
• Ensure all estimates are prepared accurately and submitted within the required timelines.
• Participate in project/site meetings whenever required to understand scope, progress and cost implications.