Lead Senior Cost Manager
Rider Levett Bucknall RLB · Chicago, IL · 2 wk ago
HybridFinance$114k–$152k/yrFull-time
Overview Of Role
The Lead Senior Cost Manager is responsible for overseeing cost estimation and ensuring adherence to company quality standards and client satisfaction. They interface with clients, consultants, and designers to achieve project goals and maintain consistency with company policy.
Essential Functions
- Review construction plans and specifications during pre-construction to complete quantity take-offs and prepare estimates for all architectural, structural, and civil scopes from schematic through final design for new construction and renovation projects.
- Prepare value engineering, cost option, and cost strategy estimates.
- Prepare independent post-contract estimates, including reporting differences in scope, quantities, and pricing from contractor's estimate.
- Work as an integral part of the Estimating Team to perform plan and specification analysis, takeoffs, and pricing of various types of construction projects.
- Act as the lead individual for specific projects.
- Compile and analyze data on all factors influencing costs, such as material, labor, equipment, and profit margins.
- Evaluate cost estimating deliverables prepared by architects and engineers for cost containment.
- Acquire and evaluate historical and vendor cost data for the development of cost estimates and price recommendations.
- Accurately forecast costs of future projects and changes to existing projects.
- Prepare technical evaluations, cost estimating draft reports, memos, and letters and present recommendations to management and client.
- Attend client meetings and participate in design charrettes and design workshops, including presenting estimates to the client and AE team.
- Participate in Value Engineering studies, reconciliations, and negotiations with contractors.
- Prepare valuations of work in progress reports from contractor draw requests.
- Undertake other cost-related tasks as directed by supervisor, including reviewing estimates prepared by others.
- Assist with training and mentoring others.
- Contribute to team performance by collaboration and effective communication.
- Add to team effort by accomplishing other duties as assigned.
Minimum Education (or Substitute Experience)
- 4-year college degree in Construction Management, Structural Engineering, Architectural Engineering, Cost Estimating, or equivalent recognized technical qualification.
- 5-10 years’ relevant experience in construction cost estimating of a variety of building types from program, conceptual, schematic, design development, and construction document stages of design in elemental and CSI format for all architectural, structural, and civil components of new construction and renovation projects.
- Some MEP estimating experience preferred.
- AACE International and/or Certified Cost Professional preferred.
Knowledge and Understanding
- Knowledge and understanding of execution of cost management services.
- Good planning, organization, and communication skills essential.
- Understanding of technical and non-technical documents related to cost management services required.
- Knowledge and use of industry-estimating software and Microsoft Office software programs.