RESPONSIBILITIES
The purpose of this position is the responsibility for individual multi-disciplined real estate cost solutions for clients with direct or indirect accountability for cost delivery.
This position is for the commercial management function for the client account Americas region and will be responsible for pipeline management, compiling initial budget estimates, project approval process, validating general contractor tenders and ensuring they represent value for money and capital forecasting process etc. The commercial manager will be responsible for various additional initiatives as part of the program management team on the client account.
This role is a heavily client facing role involving commercial management across a portfolio, rather than cost management of singular projects.
Characteristics of responsible costs:
Complexity: Medium
Risk: Medium-High
Duration: Long term [months to year(s)]
Value: Typically >$2 Million USD
Region: Regional LMA and/or National GWS Account
ESSENTIAL DUTIES AND
RESPONSIBILITIES
Manages all facets of commercial management (budget, schedule, procurement,
quality & risk) for the USA, Latin America & Canada real estate
portfolio capital projects/programme throughout planning, design, construction,
occupancy and closeout. In particular this involves stakeholder management,
significant client engagement, project pipeline management and managing the
compilation of the regional capital plan.
Lead the administration associated with funding all project work, including
creation of funding documents in use by the client (such as purchase orders or
Capital funding requests). Work with client and Project Manager to ensure
compliance with these systems; promote proactive creation/submission of all
necessary funding documents to ensure all project work is funded in compliance
with Client's internal funding policies.
Evaluate project scope and client needs to develop and present recommended
budgets for necessary pre-bid and pre-construction cost estimating and cost
planning services. Partner with project team to source and oversee the pre-bid
and pre-construction services associated with the development of a project
budget and cost plan.
Produce concept level estimates to aid feasibility studies and assist with
business cases, leveraging a range of information from simple internal
benchmarking to detailed market data and estimates taken from drawings and
specifications. Issue recommendations for the application of a Estimator to
produce costing of greater detail; incorporate estimator into project team -
manage performance of estimating tasks/deliverables.
Support project manager and leasing team to estimate costs associated with the
lease (upfit, abatement, reinstatement, etc.) to optimize landlord
contribution/tenant improvement allowances on behalf of the Client. Ensure
contracts with project team (designers, contractors) include language aligned
with lease requirements for the solicitation of all landlord contributions.
Support project manager team in the implementation of all project procurement
in accordance with CBRE corporate policies and guidelines; make recommendations
on the project procurement strategy. Lead the analysis of bid/tender responses,
leveling all responses and organizing the data into a concise yet thorough
report for presentation to the Client. Include recommendations for items such
as allowances, contingencies, and reserves.
Manage the delivery cost manager throughout the production of a detailed cost
plan to be submitted for project approval, and validate this represents value
for money.
Promote Value Engineering (VE) as a continual process to be implemented
throughout the duration of the project and where necessary lead (or support if
lead by Project Manager) Value engineering workshops, exercises and provide
ideas and initiatives to add value. Act as a resource for implementing best
practices to optimize the outcome of all VE efforts including tools, reports
and goals - track/report progress against cost savings and value to fee
targets.
Provide governance to the estimating, cost reporting and change control process
across all projects, advising the project team and Client of high risk cost
issues.
Assist the Client and design team with life cycle costing of
LEED/sustainability initiatives (as appropriate).
Support cost/budget aspects of the project closeout and capture project costs
for contribution to CBRE cost benchmarking/estimating databases and tools.
Where applicable, provide tools, processes and training to ensure all team
members provide cost management services consistently across a project, program
or geography. Proactively seek opportunities to improve delivery of services;
adjust as needed.
Manages 3rd party cost delivery resources/team at both the project level or
regional level. Responsible for ensuring 3rd parties deliver all procured
services and deliverables and escalating as appropriate. Suggest and implement
contractual adjustments as appropriate; implement project or account specific performance
management solutions.
Other duties as assigned.
SUPERVISORY RESPONSIBILITIES
Provides formal supervision to individual employees within single functional or operational area. Approves subordinate's recommendations for staff recruitment, selection, promotion, advancement, corrective action and termination. Effectively recommends same for direct reports to next level management for review and approval. Plans and monitors appropriate staffing levels and utilization of labor, including overtime. Prepares and delivers performance appraisal for staff. Mentors and coaches team members to further develop competencies. Leads by example and models behaviors that are consistent with the company's values.
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