General Description of Role and Responsibilities:
- Act as the main point of contact for all cost-related matters on behalf of the Client / Client Representative.
- Monitor and oversee the cost control services provided by other Consultants, ensuring compliance with agreed budgets and procedures.
- Identify and report any cost-related concerns or potential impacts not accounted for in estimates or reports.
- Ensure preparation of accurate budgets, cost plans, estimates, comparisons, forecasts, and reports by the Consultant(s).
- Advise the Client on the implications of scope changes on program and cost, based on Consultant input.
- Develop a cost strategy to mitigate risk and minimize financial exposure throughout the project.
- Coordinate and chair regular cost meetings, issuing clear minutes and follow-up actions.
- Manage and coordinate responses to cost-related queries during the tendering process and assist in preparing tender addenda.
- Support the Client in evaluating tenders commercially and technically; prepare financial evaluation reports and participate in clarification meetings.
- Oversee contract administration, including payment certification, variation review, and final account agreements.
- Assist in the amicable resolution of disputes involving the Client, Contractors, and Consultants to avoid litigation or arbitration.
- Track expenditures, update budgets to reflect changes, and prepare regular cost reports, including cash flow forecasts and cost-to-complete projections.
- Negotiate final accounts and ensure financial close-out in line with contract terms.
- Advise on cost risk and budget performance, issuing early warnings as necessary.
Qualifications, Experience, Knowledge and Skills:
- Bachelor’s degree in Quantity Surveying, Cost Engineering, or a related discipline.
- Minimum of 12 years’ experience in a Cost Management role.
- Must have previous experience in a Cost Management capacity working for a Cost Management Consultancy
- Extensive experience across both pre-contract and post-contract cost management.
- Strong knowledge of construction contract administration and tender processes.
- Proven ability to manage and coordinate cost activities on major projects.
- Excellent communication, reporting, and negotiation skills.
- Ability to work collaboratively with multidisciplinary teams and stakeholders.
- Membership with a relevant professional body (e.g., RICS,SEC, AIQS) is preferred.
- Proficient in Microsoft Office and relevant cost management software.