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Job Description
- Perform a variety of cost engineering functions including cost control, budget preparations, forecasting, and cost reporting under limited supervision.
- Set‐up Cost Control System and Project Budget manual based on established Company's Chart of Accounts and Project Expense items.
- Develop projects budgeted cost for construction (Projects Budgeted Cost Rev.01).
- Review and enter all project committed cost data into cost tracking system.
- Maintaining controls records for the duration of the project. Archiving controls records as required.
- Organize Cost Control Project task force unit composed of cost control engineers, technical office engineers, cost clerks/encoders in periodical cost reporting and evaluation i.e. daily, weekly and monthly reports.
- Monitors and evaluate projects cost / man‐hour performance on monthly basis.
- Monitoring, reporting and forecasting project cost & revenue trends.
- Analyzing cost & revenue trends and reporting problems or potential problems.
- Monitoring, reporting and forecasting actual versus planned cost progress, productivity and reporting problems or potential problems to projects controls manager.
- Report turnaround and project actual vs. baseline cost status as required.
- Reporting earned value per phases of work and identify trends that impact the final cost projections.
- Lead the Projects Cost Control Unit in the preparation of terminal cost reports upon completion of projects and collaborates with Finance & Accounting Department for the preparation of Profit & Loss Statement of completed projects.
- Prepare monthly cost control reports reflecting cost progress status.
- Perform any other duties and responsibilities as and when directed by the Supervisor.
Job Requirements
- 5-7 years experience in project planning and detailed scheduling for all aspects of engineering
- Bachelor Degree in Civil or Electrical Engineering from a recognized University
- Primavera course version 6 or later version (is an advantage).
- PMP‐Project Management Professional (is an advantage).