• Develops adequate policies, procedures and processes for the Cost Control function to maintain efficient operational excellence.
• Reviews project drawings, specifications, BOQs and other contract documents in order to prepare an accurate & comprehensive workable budget and cost control plan.
• Ensures communicating with Operation, Procurement and Engineering functions during the preparation of the detailed budget.
• Monitors, regularly, the detailed construction progress of the project to ensure full adherence to work plans within agreed budget and resources.
• Recommending corrective actions based on the status and summary reports to requesting management on material, machines and labor requirement of the project against agreed plans.
• Assesses and analyses all amendments to the project as a result of change orders and takes necessary actions to amend budget.
• Providing expert advice on cost and budgeting issues related to current projects to project managers, conducting analysis of actual performance against plan.
• Notifying project managers of any under- or over-run in project costs, recommending courses of action and coordinating progress with the Planning Department.
• Preparing cost trending & forecasting analysis for project costs, communicating these to all related parties, highlighting concerns and heeds, recommending necessary measures, actions and methods
• Preparing regular monthly reports and reviews of projects cost performance, providing all concerned parties with regular feedback and advice.
• Participating in weekly meetings for reviewing project progress and current cost position.
• Performs other duties and tasks as assigned.
Job Details
Date Posted: | 2012-03-29 |
Job Location: | Riyadh, Saudi Arabia |
Job Role: | Engineering |
Company Industry: | Construction |
Preferred Candidate
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