yllix(BANNER Ad Tag)

Cost Control Engineer July 27, 2021 at 11:22PM

Provide the cost report reflecting budget, commitments, actual cost, and forecasts on a weekly basis and updated cash flow also to ensure smooth financial planning and alert for a potential deficit.Assist in negotiation of Tenders, and Claims to justify benchmark ratesCoordinate with relevant departments to ensure adequate levels of support are provided at all stages of projects.Support project feasibility assessment through the provision of cost estimates.Implement commercial review, analysis and cost benchmarking of tenders and provide detailed feedback on findings of the commercial analysis and highlighting any potential areas for negotiation such as abnormal rates, variances, etc.Provide planning and cost controlling support for all projects which includes variation reporting, monitoring of milestone progress to the preparation of customer billing processesPerform project costing related reporting to the team and management’s review on a monthly basis to ensure that expenditures are kept within the project budgetMonitor projects during execution by analyzing the achieved results and comparing them with budget which could lead to pinpointing major variance as applicableMonitor the detailed construction progress of the project to ensure full adherence to work plans within agreed budget and resources

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