Key Responsibilities:

Cost Planning & Budget Management:

- Develop and maintain the overall project cost plan and budget.

- Establish cost benchmarks and monitor project expenditure against approved budgets.

- Prepare cost estimates at various stages of design development.

- Provide cost advice to the Client and Project Director during design and execution.

- Identify potential cost risks and recommend mitigation measures.

Pre-Contract Cost Management:

- Review project scope, drawings, specifications, and BOQs for cost implications.

- Prepare preliminary and detailed cost estimates.

- Develop and maintain cost plans through concept, schematic, design development, and tender stages.

- Support value engineering exercises to optimize project cost without compromising design, quality, or functionality.

- Review tender documentation and ensure alignment between scope and budget.

Tender & Procurement Management:

- Support procurement strategy and packaging of works.

- Prepare/review BOQs, pricing schedules, and commercial tender documents.

- Manage tendering activities from a cost management perspective.

- Analyze contractor quotations and prepare detailed commercial comparisons.

- Participate in commercial negotiations and provide recommendations for contractor appointment.

Post-Contract Cost Control:

- Monitor project costs, commitments, forecasts, and actual expenditure.

- Review contractor interim payment applications and payment recommendations.

- Track variations, change orders, claims, and potential commercial exposure.

- Maintain the project Cost Report, Cash Flow, Commitment Register, and Change Control Register.

- Prepare monthly cost reports highlighting budget status, forecast cost, and key risks.

Change & Variation Management:

- Establish and manage an effective change control process.

- Review contractor variation submissions and assess entitlement and valuation.

- Monitor design changes and their impact on project cost.

- Provide cost advice before approval of changes.

- Ensure all changes are properly documented and approved.

Commercial & Contract Coordination:

- Coordinate closely with the Contracts Manager, Quantity Surveyors, Project Managers, Planning, Design, and Procurement teams.

- Review contractual/commercial implications of project decisions.

- Support assessment of contractor claims and commercial disputes.

- Provide commercial inputs for EOT and delay-related claims where required.

Forecasting & Reporting:

- Prepare monthly and periodic cost reports for the Client and senior management.

- Monitor actual cost against approved budget and forecast final cost.

- Prepare cash flow projections and expenditure forecasts.

- Highlight cost overruns, potential risks, and opportunities.

- Provide clear recommendations to support Client decision-making.

Value Engineering:

- Lead and coordinate value engineering exercises with the design and project teams.

- Identify alternative materials, construction methodologies, and design solutions to achieve cost savings.

- Evaluate the cost, programme, quality, and lifecycle implications of proposed alternatives.

Final Account & Close-Out:

- Review and agree contractor final accounts.

- Ensure all variations, claims, and commercial matters are closed before project completion.

- Verify final project cost and reconcile against the approved budget.

- Support commercial close-out and final reporting.