Responsible for implementation and execution of project cost control systems. Oversees staff of cost engineers and cost validation managers (estimators). Primary goal of position is cost control, reviewing general contractor (and general contractor’s subcontractors) proposed costs for competitiveness and negotiating costs as necessary. Responsible for oversight of all cost control functions including reporting, estimating, invoicing, change management, and risk management. Coordinates closely with Project Manager and Project Procurement Manager to ensure subcontracts are awarded with competitive terms.
Drives adherence to project procedures. Forecast work activity is 30-40% oversight and management of team and 60-70% direct cost verification work. Depending on qualifications of the chosen candidate and bandwidth, may also oversee staff responsible for scheduling and visual reporting.
Project Cost Responsibilities
• Implementing project controls procedures including:
• Review of project weekly and monthly cost reports and provide feedback to the cost and schedule manager.
• Coordinate with Project Procurement Manager to lead review of contractor proposed award letters for subcontractors to ensure proposed costs are competitive.
– Primarily Oversight & Tracking – Bulk of Review by Cost Validation Managers (Direct Reports).
– Some reviews will be by Controls Manager per indicated management/direct performance split above.
– Negotiate or facilitate negotiation with contractors as needed
• Provide oversight of contractor/subcontractor change order review process.
– Primarily Oversight & Tracking – Bulk of Review by Cost Validation Managers (Direct Reports).
– Some reviews will be by Cost Manager per indicated management/direct performance split above.
– Negotiate or facilitate negotiation with contractors as needed
• Managers (Not direct reports).
Responsibilities
• Oversight of our invoice monthly invoice preparation and review of draft.
• Oversight of preparation of our monthly financial reports for Project Manager review.
• Coordination estimating resources with Cost Manager