· Performs cost engineering analysis and activities. Identifies cost trends for management. Interfaces with financial accounting and project controls to integrate project control baseline cost model with actual cost accounting data. · Assists and supports management in ensuring proper control, tracking and cost accounting for project financials and cost alignment with the approved project Work Breakdown/Project Coding structure. · Reviews or assists in reviewing proposal requirements related to cost engineering and material control and develops supporting data for proposal development and contract negotiations. · Responsible for the proper establishment and maintenance of the project Performance Measurement Baseline (PMB). · Develops and maintains project budget, forecasts and cash flows. · Determines the variances between budgeted cost of work to actual cost of work. Calculates Earned Value (EV) for work performed. · Monitors and analyzes performance of large construction subcontracts. · Develops Project Change Notices to obtain budget for work. · Prepares "what-if" exercises to evaluate varying funding and other scenarios. · Prepares cost studies utilizing historical data, statistical analysis, and cost and quantity comparisons. · Supports project status reporting, variance analysis, trending and forecasting, and EVMS reporting. · Maintains configuration control of the baseline cost model and assumptions and ensures changes are made after approval. · Establishes format and content of summaries and reconciliations, including segregation of cost according to level of confidence and identification of areas of risk. · Performs the collection, input and reporting of cost data, the assembly and processing of work authorization documentation. · Assist in development and submittal of reporting both internal and external as well as the needed indicators for SPI and CPI, forecasting, reporting and accrual process. · Interfaces with designated management and project proposal team counterparts for cost presentations. · Controls ongoing project forecasts and reports it to asset management so they are informed of progress. · Performs data analysis, identifies problems, and makes recommendations. · Promotes a team atmosphere among workers and staff to ensure everyone is working together. · Works under general supervision. · May lead and direct the work of others. · Performs other duties as assigned. |