The Quantity Surveyor will be responsible for managing the costs of RCC’s renovation projects, from initial estimates to final figures. This role is crucial in ensuring the financial success of fit-out and renovation projects by controlling costs throughout the project lifecycle and ensuring that the project is completed within budget while maintaining quality and compliance with legal and contractual obligations.
Duties and Responsibilities:
Preliminary Project Activities
Coordinate with project stakeholders to ensure alignment between cost expectations and project requirements
Conduct feasibility studies and value engineering exercises
Review of requirements and preparation of the Bill of Quantities (BOQ) or schedules of works by coordinating with the project proponent, Store Planning and Development Division (SPD), Engineering and Maintenance Division (EMD), Supplies and Purchasing Management Department (SPM), suppliers, contractors, and others, while analyzing architectural and service drawings
Measure and quantify materials, labor, and equipment required for fit-out and renovation projects
Prepare Cost Estimates and tender documents
Oversee the opening of bids, evaluate the bids, create a cost comparative assessment, and recommend the most cost-efficient option/s
Ensure the contract bids meet all project requirements
Assists in the negotiation of contracts and ensure fair terms
Provide expert advice on procurement, risk management, and cost-saving measures without compromising quality or design intent
Cost Control and Monitoring
Manage the project’s budget, track and control costs throughout the project, identify cost-saving opportunities, and ensure alignment with the budget and forecast
Conduct a post-project financial review to reconcile actual costs with the initial estimates and analyze cost discrepancies
Identify and report potential cost overruns
Provide regular financial reports and forecast to Finance Manager – Financial Planning and Control, Store Planning and Development Manager, SVP for Support and Development
Identify and evaluate potential risks affecting project costs and timelines
Develop strategies to mitigate financial risks
Works to keep the project on time
Others
Maintain accurate records and documentation of all project-related costs and financial transactions
Assist in the engineering functions of the project to ensure adherence to all engineering construction plans and specifications
Collaborate with stakeholders to optimize project outcomes and achieve value for money
Ensure adherence to construction laws, health, and safety standards, and contractual obligations
Stay updated on changes in construction techniques, market prices, and regulation
Stay informed about local and national government regulations and policies that could affect the execution of contracts and project costs