Estimator II - BMS

3 - 5 years

2 - 5 Lacs

Posted:4 days ago| Platform: Foundit logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Key Responsibilities:

Project Analysis:

  • Analyze Project Requirements: Review and analyze project specifications, requirements, scope, plans, drawings, and other relevant documentation to understand the key deliverables.
  • Identify Key Components: Break down complex project components and ensure that all aspects of the project are considered in the estimation process.

Cost Estimation:

  • Calculate Project Costs: Estimate costs for materials, labor, equipment, subcontractors, permits, and other expenses based on historical data, industry knowledge, and supplier quotes.
  • Utilize Cost Databases: Reference cost databases and previous project data to ensure accuracy and reliability in the cost estimation.
  • Provide Detailed Estimates: Create comprehensive cost breakdowns for projects, ensuring that each component is accounted for in the final estimate.

Quantity Takeoff:

  • Quantify Materials & Resources: Measure and calculate the required quantities of materials, resources, and components needed for the project, including concrete, steel, lumber, and other materials in construction or manufacturing projects.
  • Assess Resource Requirements: Determine the amount of labor, equipment, and machinery needed for the project.

Pricing and Bidding:

  • Develop Pricing Strategies: Create competitive pricing strategies based on accurate cost estimates and market conditions.
  • Prepare Bids/Proposals: Work closely with sales teams, project managers, and executives to prepare competitive bids and proposals that are financially viable and meet the company's goals.
  • Ensure Bid Accuracy: Ensure that the bid or proposal aligns with client expectations and industry standards.

Risk Assessment:

  • Evaluate Risks: Identify potential risks and uncertainties that could affect project costs, timelines, or resources.
  • Account for Market Conditions: Assess the impact of market conditions, regulatory requirements, labor availability, and other project complexities on the estimate.
  • Incorporate Risk Factors: Include contingencies in the estimate to account for identified risks and ensure that the project remains within budget.

Cost Tracking and Control:

  • Monitor Project Costs: Track actual project costs throughout the lifecycle and compare them to the original estimates.
  • Analyze Variances: Work with project teams to investigate cost variances and implement cost control measures to ensure the project stays on track financially.
  • Provide Regular Reports: Update stakeholders with progress reports on cost performance, identifying areas where corrective actions are necessary.

Vendor and Supplier Management:

  • Collaborate with Suppliers: Obtain pricing from vendors, suppliers, and subcontractors, ensuring accuracy and competitive pricing.
  • Negotiate Contracts: Negotiate contracts and agreements with vendors and subcontractors to ensure favorable terms for the company.
  • Ensure Timely Delivery: Work with vendors to ensure that materials and services are delivered on time, preventing project delays.

Qualifications:

Must Have:

  • Bachelor's Degree in Construction Management, Engineering, Business, or a related field (or equivalent experience).
  • Experience in cost estimation, project management, or a related field, with a strong understanding of industry-specific processes.
  • Knowledge of Estimation Software (e.g., ProEst, Buildertrend, or similar tools).
  • Strong Analytical Skills to accurately assess project costs, materials, and resources.
  • Excellent Communication Skills to collaborate with cross-functional teams and present estimates clearly to stakeholders.

We Value:

  • Certification (e.g., Certified Professional Estimator (CPE) or equivalent).
  • Industry-Specific Experience in construction, manufacturing, engineering, or other relevant industries.
  • Experience with Risk Assessment and incorporating contingencies into project estimates.
  • Proven Negotiation Skills with vendors and subcontractors.
  • Detail-Oriented with the ability to manage multiple projects simultaneously.

Key Skills & Competencies:

  • Cost Estimation: Proficiency in creating detailed, accurate cost estimates and pricing strategies.
  • Risk Management: Strong understanding of risk factors and how they impact cost and resource planning.
  • Quantitative Analysis: Ability to perform quantity takeoffs and determine the amount of materials/resources needed for a project.
  • Vendor Management: Experience in working with suppliers and subcontractors, including pricing and contract negotiations.
  • Project Management: Ability to track and manage costs throughout a project's lifecycle to ensure it stays within scope and budget.
  • Communication & Collaboration: Excellent communication skills to work effectively with internal teams and external stakeholders.

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