Cost Estimation & Feasibility Analyst

Job Description & Requirements

We are seeking a detail-oriented and proactive Cost Estimation & Feasibility Analyst to join our team. This role involves evaluating the financial viability of construction projects, particularly in dormitory and hostel developments. The ideal candidate will have a strong grasp of construction cost estimation, financial analysis, and market research to support informed decision-making and sustainable business growth.

Key Responsibilities

1. Cost Estimation & Analysis:

• Prepare detailed cost estimates for dormitory and hostel construction projects, covering both structural and interior elements.
• Collaborate with contractors, architects, and project teams to gather accurate cost data.
• Develop comprehensive cost breakdowns, including labour, materials, permits, and other construction-related expenses.
• Adjust estimates based on evolving project requirements and market dynamics.

2. Feasibility Studies:

• Conduct financial feasibility analyses, calculating metrics such as Internal Rate of Return (IRR) and Return on Investment (ROI).
• Assist the Business Development Manager in evaluating potential projects against profitability and financial benchmarks.
• Prepare financial models, cash flow projections, and budget analyses to assess project viability.

3. Market Research & Competitor Analysis:

• Research market trends and competitor pricing to support strategic planning.
• Generate reports that inform decision-making regarding new investments or potential expansion.
• Identify market demands and provide insights into cost-effective project opportunities.

4. Cross-Functional Collaboration:

• Work closely with design, construction, and operations teams to ensure cost projections align with project plans.
• Track project progress with project managers, implementing cost control measures as necessary.

5. Documentation & Reporting:

• Create detailed reports, presentations, and proposals for internal stakeholders and external partners.
• Maintain up-to-date records of cost estimates, feasibility analyses, and project budgets.
• Provide regular updates on the financial status of ongoing projects, highlighting any variances or cost-saving opportunities.

6. Financial Analysis & Budget Management:

• Assist in managing project budgets to ensure adherence to approved costs.
• Analyze expenses and suggest cost-saving strategies without compromising project quality.
• Develop pricing models that consider market conditions, construction costs, and expected returns.

Requirements

• Bachelor degree in Construction Management, Civil Engineering, Quantity Surveying, Cost Management, Project Management, or related field
• Proficiency in construction cost estimation, project budgeting, and financial analysis
• Advanced skills in MS Excel (for financial modeling, budgeting, and analysis) and familiarity with construction management tools (e.g., AutoCAD, MS Project)
• Excellent communication skills, both written and verbal
• Analytical mindset with strong problem-solving abilities
• Effective time management, organizational, and project coordination skills
• Ability to work independently and collaboratively in a team environment

What We Offer:

- A dynamic and supportive work environment

- Opportunities for professional growth and development

- Competitive compensation aligned with industry standards

If you have a passion for construction cost estimation and financial feasibility analysis, and you are eager to contribute to impactful projects, we encourage you to apply and be part of our growing team.