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1540016

Welspun Group - Head - Estimation

10 - 15 Years.Mumbai
Posted 4 weeks ago
Posted 4 weeks ago

The Head of Estimation is responsible for leading the estimation department, overseeing cost estimation for projects, and ensuring accurate and competitive bid proposals.

This role involves analyzing project requirements, developing cost estimates, managing estimation teams, and collaborating with various departments to optimize project feasibility and profitability.


Key Responsibilities:


Leadership & Strategy:


- Lead and manage the estimation team, ensuring efficiency and accuracy in cost estimation.


- Develop strategies to enhance estimation accuracy and competitiveness.


- Establish and maintain best practices, processes, and methodologies for cost estimation.


Cost Estimation & Bid Preparation:


- Analyze project specifications, drawings, and contract requirements to determine scope.


- Develop comprehensive cost estimates, including labor, materials, equipment, and overheads.


- Ensure estimates align with market rates, supplier quotations, and project risks.


- Prepare competitive bid proposals and tender documents.


Risk Assessment & Cost Control:


- Identify potential risks and cost variations in projects.


- Develop risk mitigation strategies to optimize project feasibility.


- Collaborate with project managers to control costs throughout the project lifecycle.


Collaboration & Communication:


- Coordinate with procurement, engineering, finance, and operations teams for accurate cost assessment.


- Engage with suppliers, subcontractors, and stakeholders to obtain cost-effective solutions.


- Provide insights and recommendations to senior management for strategic decision-making.


Market Analysis & Continuous Improvement:


- Stay updated on industry trends, material costs, and regulatory changes.


- Implement new technologies and software for enhanced estimation accuracy.


- Conduct post-project analysis to improve future estimation processes.


Qualifications & Skills:


Education: Bachelor's degree in Civil Engineering, Mechanical Engineering, Quantity Surveying, or a related field.


A Masters degree is a plus.


Experience: 10+ years of experience in cost estimation, with at least 5 years in a leadership role.


Technical Skills:


- Expertise in cost estimation software (e.g., Candy, Primavera, AutoCAD, Excel).


- Strong understanding of construction methodologies, materials, and labor costs.


- Knowledge of contract management and project scheduling.


Soft Skills:


- Strong leadership, decision-making, and problem-solving abilities.


- Excellent communication and negotiation skills.


- Attention to detail and analytical mindset.


Work Environment & Reporting


Reports to: Director of Projects / Chief Operating Officer (COO).


Works closely with: Estimation Team, Procurement, Finance, Project Management, and Business Development.


Work location: Office-based with occasional site visits.


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131

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Job Code

1540016

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