Analyze project plans, drawings, and specifications to prepare detailed cost estimates for materials, labor, equipment, and other expenses.

Develop and maintain cost databases for estimating purposes, ensuring they are up-to-date and relevant to current market trends.

Collaborate with project managers, engineers, and other stakeholders to gather necessary data and ensure accurate estimations.

Prepare and review detailed cost reports and presentations for clients, management, and stakeholders.

Assess risks and opportunities related to project costs and provide recommendations to minimize cost overruns.

Review tender documents and help in preparing bids, including estimating costs for subcontractors, materials, and labor.

Monitor project budgets throughout the project lifecycle to track actual spending against estimated costs.

Participate in negotiations with suppliers and subcontractors to ensure competitive pricing.

Identify and implement cost-saving measures to improve profitability and efficiency.

Perform value engineering to optimize project costs while maintaining quality and performance.

Provide support in preparing internal reports, financial summaries, and forecasts.

Keep abreast of industry trends, materials, and technologies to provide accurate and current cost estimates.

Ensure compliance with legal, regulatory, and safety standards in estimating costs.