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Work with all stakeholders of the project for Project Pre-costing, Cost
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Estimation, Monitoring & Control of budget during project execution & After Project closeout
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Proficient in preparation of L1/L2/L3/L4 level costing
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Knowledge about cost estimation techniques like Lang Method / Factorial method/ Analogous / Parametric etc.
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Able to work out overall project costing based on historical data in SAP
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Ability to do cost estimation for all disciplines like Mechanical / Electrical /Instrument / Civil etc.
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Monitoring & Tracking Budget actual and Variance data
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Maintaining Historical Project data for cost comparison over the time
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Project cost estimation at Conceptual stage, Project Initiation stage, Project
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execution & Project commissioning stage
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Project cost monitoring on Procurement & Services
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Budget Monitoring in SAP
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Responsible for cost estimation of assigned project from the initial to final stage. This will require meetings with users to fully determine their needs & fulfilling the same.
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Monthly & Weekly MIS of all Projects Cost Budget and actual cost variance to the project team and stakeholders
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Responsible for overall monitoring of Project Budget control.
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Ability to handle cash flow management