Jgm-cost Control

2 weeks ago


Mumbai Maharashtra, India Nayara Energy Full time

**ACCOUNTABILITIES
**ACTIVITIES
**Project Cost Control**

Monitor and Control Project cost/ expenditure from Concept to Commissioning Stage

Analyse variance in cost and schedule and recommend corrective actions

Establish cost trends, identify deviations, prepare remedial action reports for all levels of Project Activities

Prepare periodic Cost Reports covering Approved budget, Actual Costs, Expected to complete and Forecast Costs of the Project

Verify invoices from Consultants, EPC Contractors, Suppliers and Vendors. Report and manage the scope change / change orders

Set priority on release of payments.

Develop and implement a basic change management system for engineering and construction

Review and endorse progress against cost/schedule baselines and forecast prepared by contractors.

Review and endorse progress measures reported by the contractor

Having Estimation Knowledge to review cost basis of contractor’s Change Proposals / Orders in EPC domain

Knowledge in the use of Cost Control software and SAP /ERP software’s is highly advantageous

Experience in Engineering, Procurement and Construction (EPC) domain.

**Develop In-house database**

Establish accurate, reliable cost database at activity level, WBS level, cost head level

Track consumption of resources / man-hours, to establish cost to productivity

**Cost Control Tools**

Operate Cost Control Tools, establish the measuring and reporting metrics

Ensure high level of accuracy and reliability in reported data

Be proactive in employing tools to catch trends and deviations


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