Cost Engineer KEO International Consultants

Responsibilities

• Preparing and presenting detailed budget estimates utilizing benchmarked data, ensuring adherence to value engineering principles and risk management best practices.
• Establishing and updating a comprehensive benchmarking database to track costs and performance metrics at both regional and international levels.
• Facilitating and contributing to Value Engineering workshops, identifying and recommending economic solutions that align with project goals.
• Attending and contributing to cost meetings, providing expert advice on construction costs and related commercial issues to stakeholders.
• Conducting regular site visits to assess project conditions, monitor progress, and provide actionable recommendations based on site characteristics.
• Reviewing project designs and initiating timely cost planning processes, ensuring alignment with project scope and budget.
• Leading continuous improvement initiatives by applying cost engineering techniques to identify inefficiencies and implement cost optimization measures.
• Monitoring and analyzing economic trends, assessing their impact on project costs and identifying associated risks.
• Ensuring the application of standardized and professional cost engineering management processes and practices across all projects.
• Collaborating with project teams to develop accurate forecasts of project costs, identifying potential cost-saving opportunities and value engineering options.
• Reviewing and assessing Change Notices and Claims, providing recommendations and evaluations to support effective cost management.
• Defining and gathering essential cost-related information from contractors and suppliers for all contracts within the project program.
• Verifying contractor payment applications and invoices, assisting in their submission for financial control and approval.
• Monitoring and reporting on cash flow forecasts in alignment with project schedules, ensuring accuracy and timeliness.
• Building and maintaining effective relationships with internal customers, management, contractors, and suppliers to ensure the integrity of cost and estimation processes.