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Construction Economist

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Construction Economist

Salary/rate

$ 35000 to $ 50000 per annum

Location

Ho Chi Minh City, VIETNAM

Posted

February 16 2024

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Description

KEY RESPONSIBILITIES

• Responsible for financial estimation of projects and optimization of construction budget
• Undertake costs analysis for design and project work, including value engineering where required
• Prepare economic feasibility studies based upon the client requirements
• Perform risk / value management and cost control for design and project work
• Identify, analyze and develop responses to commercial risks
• Prepare and/or review specific tender documents, analyze tender responses, and make recommendations to clients regarding contractors and sub-contractors
• Create, as well as use, various econometric modelling techniques (desktop or more detailed) to develop pricing forecasts and diagnostics
• Develop and maintain a cost feedback process to collect actual project cost data
• Understand and interpret data collected from publicly available sources, internal sources (past and current projects)
• Explain research methodology and justify conclusions drawn from research data
• Deliver oral and visual presentations, which non-economist audiences must be able to understand in order to inform decisions
• Assist the company or its clients in managing variation orders and claims

EDUCATION REQUIREMENTS

• Master degree in engineering or equivalent: min 5 years of study.
• Major: construction economics or construction management

ESSENTIAL SKILLS AND EXPERIENCE

• Minimum of 10 years working in economist or quantity surveyor position
• Previous working experience in Asia is a plus

YEAR OF EXPERIENCE REQUIRED

• Experience in running tendering processes for project management and/or architectural/engineering design consulting
• Excellent knowledge of the construction industry: advanced knowledge of construction contracts, tendering processes, bills of quantities
• Interpretation and reaction to changes in the environment of construction
• Ability to negotiate payments and change orders with contractors
• Time management skills including the ability to program and schedule the time of others
• Fluency in English is a pre-requisite

Job Type

Permanent

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