Cost Engineer
2 weeks ago
Key Responsibilities;
- Prepare detailed cost estimates for projects based on drawings, specifications, and scope of work.
- Analyze labor, material, and time costs to determine the total project cost.
- Develop and manage project budgets.
- Monitor project spending to ensure it stays within the allocated budget.
- Provide forecasts of future project costs and financial needs.
- Implement cost control procedures to monitor project expenditures.
- Track and report on cost variances, providing explanations for differences between the budget and actual costs.
- Recommend cost-saving initiatives and corrective actions if cost overruns are detected.
- Collaborate with project managers, engineers, and other stakeholders to ensure alignment between project scope and budget.
- Prepare financial models and simulations to predict potential cost implications of project changes.
- Identify potential financial risks in projects and develop strategies to mitigate them.
- Evaluate the cost impacts of changes in project scope or schedule and provide recommendations on how to proceed.
- Assist with the procurement of materials and services by providing cost estimates for vendor negotiations.
- Review vendor quotes and contracts to ensure that costs align with the project budget.
Qualifications;
- Bachelor of Science in Civil Engineering.
- Licensed Civil Engineer.
- Strong analytical and mathematical skills.
- Proficiency in cost estimating software.
- Knowledge of project management principles and methodologies.
- Excellent communication and negotiation skills.
- Attention to details and ability to work with complex data.
Job Type: Full-time
Pay: Php25, Php30,000.00 per month
Work Location: In person
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