Director, Project Cost Management
JLLAbout the role
JLL empowers you to shape a brighter way.
Our people at JLL and JLL Technologies are shaping the future of real estate for a better world by combining world class services, advisory and technology for our clients. We are committed to hiring the best, most talented people and empowering them to thrive, grow meaningful careers and to find a place where they belong. Whether you’ve got deep experience in commercial real estate, skilled trades or technology, or you’re looking to apply your relevant experience to a new industry, join our team as we help shape a brighter way forward.
Position Overview:
The Cost Manager is responsible for delivering controls and cost management services . This is for a single client and projects may involve both new build and renovation projects. The services include conceptual and detailed milestone cost estimates, feasibility studies, master planning, VE & design option reviews, budget reconciliations, Change Order evaluations, project accounting and forecasting. Attention to detail, strong communication skills and the ability to work in a fast-paced, deadline-driven environment is a must and it is essential that this person has good knowledge of construction techniques/technology and real estate markets.
What This Job Involves:
· Collaborate with stakeholders to establish and track project budgets.
· Work with stakeholders to maintain project cost control reports, including tracking actual costs against estimated budgets.
· Assist in the reviewing and assessment of all scope of works for all stakeholders to ensure that appropriate descriptions and detail is given, ensuring no gaps in work and that all costs are accounted for. .
· Identify and analyse potential risks that may impact project deliverables, timelines, or budgets.
· Prepare detailed and accurate construction cost and project cost estimates from conceptual design through final construction documents.
· Research local market pricing for material, labor, and equipment using published documents, historical data, and performing market studies.
· Assist in developing risk mitigation strategies and monitor their implementation.
· Coordinate with project stakeholders to gather data and provide accurate and timely project status updates.
· Assist in reviewing and analysing project documentation to ensure compliance with organizational and regulatory standards.
· Collaborate with project teams to implement lessons learned and best practices on future projects.
· Stay up-to-date with industry trends and best practices related to project controls.
What Your Day-to-Day Will Look Like:
· Partner with team members to execute complex projects through all stages.
· Prepare documents detailed and accurate construction cost and project cost estimates from conceptual design through final construction .
· Understand and be able to relay local market pricing for material, labor, and equipment using published documents, historical data, and performing market studies.
· Provide value engineering services and design option reviews.
· Prepare bid analysis and participate in reconciliations with contractors and subcontractors.
· Review change order reviews and support change management, assessing whether changes are within the scope of the base work.
· Effectively communicates to and engage with team leads and stakeholders
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