Project Cost Estimator

3 weeks ago

Bethesda, United States HEI Hotels & Resorts Full time

Overview:

The Project Cost Estimator assists the Project Management Team with cost estimating related to significant capital improvement/renovation projects throughout the Company’s client portfolio. This position facilitates functional programming, facilities design and construction of capital projects utilizing skills to achieve successful project outcomes. Reports directly to the Senior Director.

This is a position with great growth potential and the opportunity to potentially participate in other related project assignments.


Responsibilities:

This position supports the project execution team and internal stakeholders (HEI) with compilation and analysis of project cost calculation. This position interacts with the external project team of architects, engineers, consultants, contractors, vendors and other professionals through the process of planning, design and renovations of specific hotel projects, as require. Specific duties will include, but not limited to:

  • Thorough understanding of and ability to analyze required documents, blueprints and project plans to gain a thorough understanding of the project requirements.
  • Understanding basic levels of CSI construction formatting and use
  • Ability to quantify select elements of a project using takeoff software (blue beam preferred)
  • Responsible for determining design or project factors will potentially influence the cost of a project
  • Basic understanding of the key elements of a scope of work (particularly hospitality) including construction, FFE, Professional Fees, etc.
  • Ability to establish cost models and produce cost estimates for potential renovation and/or new build projects.
  • Developing and maintaining relationships with company vendors and contractors in order to maintain a current understanding of cost trends.
  • Managing and obtaining bids from vendors and contractors and participating in bid analysis.
  • Using bid or historical data to assist with the preparation of cost analysis & executive level summaries.
  • Presenting and explaining prepared estimates to management and other stakeholders
  • Assist in development of project specific scope and budget source documents for basis of acquisitions, brand negotiations and launch of project execution.
  • Assist in drafting project schedules that align with project source documents.
  • Prepare documentation for analysis and review of specific issues.
  • Document project meetings issuing agendas and minutes to project teams, as required.
  • Develop and complete project specific tasks as required to meet or exceed the expectations of the client and fulfill our contractual obligations.
  • Promote the highest level of professionalism and ethics.


Qualifications:

  • Minimum 2-3 years working experience in a construction cost management/project cost estimating role. Hospitality experience preferred.
  • Basic knowledge of construction, lodging, and real estate development.
  • Basic knowledge of the role of external project consultants (project managers, architects, contractors, miscellaneous consultants).
  • Excellent organizational skills, with the ability to produce high quality reports in a timely manner.
  • Proficiency in MS Project, Excel, Word, PowerPoint, and Bluebeam. Other design software proficiency is a plus.
  • Proficiency/experience with PM and accounting software platforms
  • Strong written, verbal and presentation skills are required.
  • Team player with excellent interpersonal skills.
  • Managing processes and promoting process improvement.
  • Time management and ability to meet deadlines.
  • Basic budgeting and accounting skills.
  • Problem-solving and decision making.
  • Proactivity and self-direction.
  • Experience working with both internal and external project management team resources.
  • BA/BS in Architecture, Interior Design, Engineering, Project or Construction Management or related field in hotel/lodging industry preferred.

The position requires an adaptable, motivated self-starter with a high level of personal integrity and business ethics who has the ability to work in a team environment. The position must also have the ability to develop long-term relationships with clients and other business partners. Time management and personal effectiveness skills are essential as are good communications, organization and computer skills. The applicant will need to demonstrate skills in managing successful projects, meeting client expectations and timelines, procuring and engaging design, construction and consultants’ services, the ability to maintain professionalism in the face of deadlines, exhibit good listening, negotiation and problem-solving skills and show the ability to handle confidential information with discretion and integrity

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