job description construction cost manager
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Senior Cost Manager Job Description The Clarkson Alliance are consultant project managers, we provide the necessary skills, knowledge and expertise to deliver projects on behalf of our clients. You will work in a support role to our Project Managers producing cost plans, providing cost advice, undertaking procurement activities and carryout post contract cost control. The ideal candidate will be educated to degree standard, professionally qualified (RICS) and have operated within a consultant capacity for a minimum of 5 years. You will also possess a proven track record of cost planning and managing costs on complex construction projects so that the projects are delivered within budget. This position is ideal suited to experienced Cost Managers who may be seeking to embark on a career in Project Management. Experience in cost planning and managing costs in the Education, Heritage, and Sport and Leisure sectors is desirable. Position: Senior Cost Manager Business Unit / Location: TCA London Office Reporting to: Director of the London Office Candidate should ideally reside within commuting distance of central London. Job Purpose To deliver high quality facilities to our customers on time and within budget. Roles and Responsibilities Inception 1. Prepare an initial feasibility budget which identifies the expenditure into elements
and will be prepared in sufficient detail to allow the Project Team to develop their design within the overall cost limits.
2. Establish with the Project Manager the project priorities in respect of quality, time and cost.
3. Undertake cost studies as required to enable the Project Team to consider all options in order to proceed with the optimum scheme.
4. Consider and advise upon ‘best value’ procurement options and present to The Project Manager for consideration.
5. Provide project costs for business case calculations to justify investment in the project.
6. Conduct Value Management workshops with the project team Design Development 1. Conduct Value Management workshops with the project team 2. Prepare a detailed cost plan for the project against the designs developed at each
stage of the project. 3. Closely monitor design development against the cost plan throughout. 4. Evaluate alternative design solutions.
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Senior Cost Manager Job Description 5. Identify any changes to the design proposals or the client brief and assess the time
and cost implications and report these to the Project Manager. 6. Carry out Life cycle cost calculations to ascertain the feasibility of alternative
solutions. 7. Cost sustainability options to evaluate payback periods and calculate return on
investment. 8. Prepare a detailed pre-tender estimate and submit to the Employer prior to inviting
tenders. 9. Assist with the selection of contractor tender list which will reflect the team spirit
and aspirations of the project. 10. Prepare a cashflow forecast for the project and regularly update this throughout the
currency of the project. 11. Monitor expenditure against the cashflow profile and advise the Project Manager on
any variances. 12. Upon receipt of tenders, prepare tender report and recommend appointment of the
most suitable contract. 13. Conduct Value Engineering workshops with the project team Procurement 1. Advise on documents required for each tender package 2. Prepare and advise on package budget 3. Participate in pre-tender interviews 4. Prepare scope of works 5. Schedule of attendances 6. Schedule of rates 7. Instructions to tenderers 8. Contract Data part one 9. Compile site information 10. Undertake pre-tender estimate 11. Undertake package review and prepare budget savings if required 12. Compile tender documents 13. Prepare invitation to tender 14. Confirm Tenderers 15. Participate in mid-bid interview 16. Administrate tender queries 17. Attend tender opening 18. Prepare and circulate tender opening sheet 19. Circulate tender responses as appropriate 20. Review and analyse tenders 21. Participate in post tender interviews 22. Agree to tender adjustments to ensure compliance and completeness 23. undertake package savings exercise if required 24. Agree to Contract Data Part Two 25. Agree Activity Schedule 26. Participate in pre-order meeting
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Senior Cost Manager Job Description 27. Prepare recommendation 28. Prepare contract documents 29. Arrange contract signing meeting. Cost Management 1. Prepare, advise and respond to early warnings 2. Record the actual cost of works carried out by the Contractor on a Compensation
Event 3. Make Project Manager’s Assessments of Compensation Events 4. Attend risk reduction meetings 5. Enter early warnings in the Risk Register 6. Maintain the Risk Register 7. Agree Compensation Events with the Contractor within the Cost Manager’s
delegated level of authority. 8. Seek authority from the Project Manager on matters which exceed the Cost
Manager’s delegated level of authority. 9. Prepare monthly cost report 10. Attend monthly cost meetings 11. Carry out payment assessments 12. Certify payment assessments within one week of each assessment date Through out the Project 1. Lead and manage all cost aspects of the project on behalf of the Project Manager. 2. Report to The Clarkson Alliance Project Manager.