Guild of Project Controls: Compendium | Roles | Assessment | Certifications | Membership

Cost Engineer, AMEC Foster Wheeler, BP Offshore/Onshore Engineering, Construction & Modifications Services

START Date: 
January, 2012
END Date: 
June, 2016
 Established effective Project Cost Control System for better monitoring of project expenditures, recordchanges and manage budget variations during the whole project life cycle Accurate recording and analysis of actual costs and expenditures to ensure they are correctlyallocated to the appropriate Cost Centers, controlled and reported against authorized budgets, ProjectTarget Cost Estimates and the Cost Management Plan. Producing regular VOWD, Cost Reports andmonthly budget forecasts. Highlighting areas of concern and suggesting areas of improvement Review of project performance to analyze trends affecting budget needs. Anticipate and reportadditional cost/savings, estimate variations, scope change or procurement optimization Validation and approval subcontractor invoices, performing commercial attest on invoices to ensurethat the correct quantities are invoiced at the correct price in line with the Contract terms andconditions. Invoice backup preparation allocating direct/indirect manpower and overhead costsagainst the correct cost centers Cost input to the commercial close-out process including cost reconciliations