Design & Cost Optimization

Lodha; Mumbai; On-site; INR 900,000 - 1,300,000; Full time

Job summary

Lodha in Mumbai seeks a Civil cost professional to evaluate tenders, assist in budget preparation for civil packages, and maintain the Rate Master, updating rates as markets change.

You will coordinate with design and procurement, conduct techno-commercial audits, provide value engineering input, and monitor variances between concept and DD designs, ensuring timely tender reviews and cost implications.

Qualifications

• BE or Diploma in Civil with relevant experience in cost control.
• Experience in large-scale Real Estate/Civil packages is preferred.
• Strong understanding of tendering and cost optimization.

Responsibilities

• Coordinate with design cells and estimation teams.
• Review design packages and explore cost optimization and VE options.
• Ensure timely tender review and release to procurement.
• Prepare budget inputs, rate analysis, and update Rate Master.

Skills

Cost budgeting

Rate analysis

Tender review

Techno-commercial audits

Value engineering

Education

B.E. (Civil)

Diploma (Civil)

Job description

Role Objective:

To evaluate the Tenders received from Design, Assist in preparing Budget for Civil packages, Prepare the Rate Master and update the rates time to time based on market conditions, conduct periodical techno-commercial Audits for defined Projects. Value Engineering and review of CTC prepared by Site.

Key Responsibilities:

• Coordinate with various design cells and the estimation package teams.
• Review of Design development Packages and explore further need for Cost Optimization across various packages and Value Engineering options feasible.
• Ensure confirmation of adherence to various policies and norms, while review of tenders
• Ensure timely and accurate review of tenders and release it to procurement for further process.
• Assist in Preparation of DD budgets and provide inputs on variation in Concept Design Vs. DD Design and cost implication thereto.
• Maintain active communication with various departments like Design, Procurement & Construction Management.
• Obtain the market rates and prepare Rate Analysis for all the items and update the Rate Master periodically.
• Prepare the database of the market rates, monitor the trends and update the same time to time.
• Conduct Techno-commercial Audits for Post Contract works and suggest improvements in the process to avoid irregularities / mistakes.

Skills:

Project Cost Budgeting & Cost Monitoring, estimation, Rate Analysis, Post contract activities for large scale Real Estate developments, high rises & Mega Cities experience is preferred.

Qualification:

B.E. (Civil) / Diploma (Civil).

Practice and Other Requirements:

5-8 yrs. experience for Graduate and 8-10 yrs. experience for Diploma