Specialist Cost Control

Company : Wood

Job Type : Full Time

Abu Dhabi

Number of Applicants

:

000+

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Job Description - Specialist Cost Control

Responsible for working within the provisions and guidelines of the Wood Quality Assurance systems and processes
Act as Cost Focal Point for specific project scopes as required
Develop and maintain Project Work Breakdown Structure (WBS) and Cost Breakdown Structure (CBS) for specific scopes
Develop project budget in accordance with project estimate and CTR Catalogue
Manage the project work approval process in terms of accurate cost code allocation and initial budget set-up and approvals
Develop and maintain project cost plans using appropriate software applications
Monitor and control cost commitments and expenditures through all phases of project lifecycle
Liaise with project management, project planning and others as required to ensure accuracy in project cost phasing and forecasting
Liaise with procurement, finance and time-capture functions, and third parties as required, to ensure accurate and timely capture of procurement, materials, subcontract and labour manhour costs. Ensure costs are allocated accurately in accordance with approved project WBS
Liaise with engineering, procurement and construction functions, and others as required, to maintain awareness of project activities and their impact on the project budget, schedule and cost forecast
Provide copies of project cost performance reports in accordance with project reporting requirements
Produce and issue updates to project cost forecasts
Monitor and report on cost impact of project manpower forecasts
Coordinate development and issue of project change orders/variations in accordance with engineering and construction change notifications
Assess and communicate cost and schedule impact of change notifications
Monitor cost impact of achievement/non-achievement of major project milestones
Monitor overall project cost performance and contingency drawdown
Attend project/client meetings and present project cost performance status as required