Cost Engineer / Quantity Surveyor

The Cost Engineer / Quantity Surveyor is responsible for establishing, maintaining, and controlling project budgets throughout all project phases, including design, procurement, construction, commissioning, and handover.

The role ensures accurate cost estimation, budget management, quantity verification, subcontractor payment certification, variation management, and cost reporting while supporting project profitability and commercial control. The position works closely with Project Management, Procurement, Contracts, Finance, Accounting, and Site Operations teams to ensure full visibility and control of project costs.

Key ResponsibilitiesCost Estimation & Budget Management

• Prepare preliminary and detailed cost estimates for construction, engineering, procurement, subcontracting, and commissioning activities.
• Develop, structure, and maintain project budgets, including cost breakdowns by work packages, subcontractors, materials, equipment, and services.
• Monitor project expenditures against approved budgets and identify cost deviations.
• Prepare cost-to-complete forecasts and final cost projections.
• Support value engineering initiatives and cost optimization strategies.

Quantity Surveying & BOQ Management

• Prepare, review, and validate Bills of Quantities (BOQs) based on approved design drawings and project specifications.
• Verify quantities and ensure alignment between design documentation and actual site conditions.
• Update BOQs following design revisions, approved variations, or scope changes.
• Perform quantity take-offs from construction drawings and shop drawings.

Tendering & Commercial Evaluation

• Collect, analyze, and evaluate quotations from subcontractors and suppliers.
• Participate in tendering activities, subcontractor evaluations, and commercial negotiations.
• Prepare technical and commercial comparison sheets for management review.
• Support subcontractor selection and award recommendations.
• Conduct market rate analysis and benchmarking to ensure commercial competitiveness.

Cost Control & Reporting

• Monitor project costs, commitments, expenditures, and forecasts throughout the project lifecycle.
• Track budget variances, analyze root causes, and recommend corrective actions.
• Prepare monthly cost reports, management reports, and financial summaries.
• Maintain cost control registers, tracking systems, and reporting tools.
• Provide regular cash flow forecasts and budget status reports.

Variations & Claims Management

• Maintain comprehensive records of Change Orders, Variation Orders, and claims.
• Evaluate the financial impact of variations on project budgets and profitability.