**Description**: The Specialist is an integral member of the Project Management Office, collaborating closely with JLL Regional Programme Managers. This role is responsible for:* Develop and maintain cost plans, including cash flow projections, cost management strategies, and contingency plans.* Analyze project documents to identify potential cost risks and advise on mitigation strategies.* Cost Monitoring and Control: Monitor project costs throughout the construction phase, ensuring that expenditures are aligned with the budget.* Identify cost variances and work with the project team to implement corrective measures if necessary.* Value Engineering: Collaborate with design and construction teams to identify opportunities for value engineering, suggesting cost-effective alternatives that maintain project quality standards.* Contract Documentation: Review and analyze construction contracts, finalizing cost elements and ensuring that they align with project requirements and budget allocations. Take part in contract negotiation processes to establish favorable terms and conditions.* Change Management: Assess the impact of project changes on costs and timelines, and provide recommendations to the project team. Review change orders and claims for accuracy and compliance with contractual agreements.* Reporting and Analysis: Prepare regular cost reports, financial forecasts, and cost deviation analyses to track project performance. Provide insights and recommendations to stakeholders for proactive decision-making.* Risk Assessment and Mitigation: Conduct risk assessments, identifying potential cost-related risks and implementing appropriate risk management strategies. Assist in the development and implementation of risk response plans.* Stakeholder Management: Collaborate with clients, contractors, architects, and other project stakeholders to address cost-related concerns and ensure effective communication of cost information throughout the project lifecycle.* Cost Database Management: Maintain and update cost databases, ensuring accurate and up-to-date cost data for future reference and benchmarking purposes.* Proficiency with using collaboration tools such as project management information systems, Microsoft Teams, and cloud-based document management systems to achieve effective communication and coordination across different locations.* Strong skills in organizing and managing documents, including version control, document naming conventions, file sharing, and archiving to ensure efficient document workflows and retrieval.* Experience in data entry and data analysis using spreadsheet software like Microsoft Excel to assist in data collation, tracking, and reporting activities.* Proven experience in cost management, quantity surveying, or a similar role within the construction industry.* Strong knowledge of construction costs, estimating techniques, and current market rates.* Proficiency in cost management software and tools.* Excellent analytical and problem-solving skills.* Excellent communication and negotiation skills.* Ability to work effectively in a team environment.* Strong attention to detail and the ability to manage multiple tasks simultaneously.* Clear and effective verbal and written communication skills.* Demonstrate proactivity in delivering the role.* Strong time management and ability to multitask - prioritizing tasks, managing deadlines for reporting, and handling multiple assignments concurrently.* Detail-orientated to accurately handle data, maintain document consistency, and ensure overall accuracy of administrative tasks.* Adaptability and Flexibility to changes in work priorities.* Strong problem-solving skills to identify and resolve challenges/roadblocksAt JLL, we give you the opportunity, knowledge and tools to own your success, because we value what makes each of us unique. We help our people thrive, grow meaningful careers and find a place where they belong. Together, we strive to be exceptional and shape a better world.For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500(R) company with operations in over 80 countries around the world, our employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit.