Associate Vice President - Planning & Control

Job Description

Develop and execute the company’s estimation strategy to ensure accurate project cost assessments.

        Responsible for estimation of project of overall project; monitoring and controlling project with respect to cost, resource deployment and time over-runs to ensure   
           satisfactory execution and profitability.

        Working closely with the BD team to arrive at construct cost and feasibility of projects.

        Formulation of operating budgets and managing cash flows

        Assist in the aspects of Project Planning, Scheduling and Cost Estimation, Quantity Surveying.

        Monitoring Contract Management, Tendering Process, Procurement Schedules, and Cash Flow projections for the projects.

        Rate analysis and Estimation database development.

        Preparation of concept level estimate for Business Development

        Preparation of cost and MIS reports (CTC analysis)

        Preparation/validation of BOQ & detailed estimates for all activities (Civil, finishes & MEP, Landscape etc.)

        Align estimation processes with overall business goals and objectives.

        Lead a team of estimation professionals, providing guidance and fostering a collaborative work

        environment.

        Oversee the development of estimating talent through training and mentorship.

        Manage the preparation of competitive and compelling bids by providing accurate and timely cost estimates.

        Collaborate with proposal teams to ensure alignment between technical and financial aspects.

        Conduct thorough risk assessments related to project costs, identifying potential challenges and opportunities.

        Develop risk mitigation strategies to enhance the accuracy of estimates.

        Implement benchmarking processes to compare and validate cost estimates against industry standards. 

        Develop and maintain sophisticated cost models to support various types of projects.

        Regularly update models based on historical data and evolving market conditions.

        Collaborate closely with vendors and suppliers to gather relevant data for accurate estimations.

        Ensure seamless communication between estimation and project execution teams.

        Drive continuous improvement initiatives within the estimation department.

        Implement new tools, methodologies, and best practices to enhance efficiency and accuracy.

        Stay abreast of industry trends, market conditions, and regulatory changes affecting project costs.

        Integrate market insights into estimation processes for informed decision-making.

        Ensure comprehensive documentation of estimation processes, assumptions, and methodologies.

        Provide regular reports to senior management on estimation performance and key metrics.