Estimation & Budgeting Executive

Deputy Manager - Quantity Survey

About Business:

Adani Group: Adani Group is a diversified organisation in India comprising 10 publicly traded companies. It has created a world-class logistics and utility infrastructure portfolio that has a pan-India presence. Adani Group is headquartered in Ahmedabad, in the state of Gujarat, India. Over the years, Adani Group has positioned itself to be the market leader in its logistics and energy businesses focusing on large-scale infrastructure development in India with O & M practices benchmarked to global standards. With four IG-rated businesses, it is the only Infrastructure Investment Grade issuer in India.

Adani Realty: Adani Realty is the real estate arm of one of India’s leading infrastructure and development entities – Adani Group.With resolute commitment to ‘Nation Building’ and ‘Growth with Goodness’,we are developing real estate projects in the most promising destinations,integrating design aesthetics with cutting-edge construction technology.

Job Purpose: The Executive - Estimation & Budgeting is responsible for assisting in the preparation and validation of cost estimates, budgets, and quantity take-offs for projects within the Business Unit (BU). This role involves supporting cost control measures, tracking actual costs, and ensuring adherence to budgetary guidelines. The Executive works closely with project teams, cost consultants, and other stakeholders to ensure efficient budgeting, cost estimation, and reporting.

Executive - Estimation & Budgeting

Cost Estimation and Budgeting:

Assist in the preparation of project budgets at various stages, including detailed cost estimates and cost summarization.

Conduct quantity take-offs from design drawings and assess cost implications of design changes.

Support the preparation and validation of BOQs for civil and MEPF services.

Assist in rate analysis for BOQ items based on reference data from ongoing projects.

Ensure cost estimates comply with project specifications and budgetary constraints.

Coordination with Cost Consultants:

Work with cost consultants to validate QS and Estimation data for compliance with regional standards.

Identify and rectify discrepancies in QS and Estimation data.

Assist in clarifying bidder queries related to BOQs and quantification.

Track and report on escalation and contingency budget provisions.

Collaboration with Project Teams and Stakeholders:

Support project managers, cost consultants, and billing engineers in cost tracking and reporting.

Ensure adherence to budgeting processes and provide cost-related support to project teams.

Assist in managing cost-related queries, material pricing, and scope changes.

Key Stakeholders - Internal

Sales and Marketing Team

Design Team

Finance Team

Project Team

Key Stakeholders - External

Cost Consultants

Financing Institutions

Bankers

 

Educational Qualification:

Bachelor's degree in electrical (MEP Engineering), or a related field

Preferred Industry:

Proven experience in managing project costs, budgets, and cost reporting in a construction or real estate development environment.

Familiarity with construction processes, including GFC drawings, BOQs, change orders, and procurement management.

Experience in managing cost optimization and value engineering efforts at the project level.

Experience Level

Mid Level