Engineering Cost Manager

Engineering Cost Manager

Houston, TX

DESCRIPTION
Acts as a technical resource within Project Controls Cost Management discipline. Supports establishment of the overall cost baseline with reporting to monitor and control the project within established tolerances of the baseline supporting cost effective project execution. Coordinates data inputs from the various disciplines and functions to ensure accurate forecasts and reporting of cost. Engages the project steering team to understand causes of deviations and the need to establish actions to mitigate, where deviations from established tolerances occur. Requires in-depth conceptual and practical knowledge in own job discipline and basic knowledge of related job disciplines.
Responsibilities:

• Integrates the project cost estimate, workhour estimate, and project schedule into the Cost Management baseline.
• Establishes cost baseline from which deviations will be managed during project execution.
• Develops and maintains cost reports, cash flow cancellation curves, and contingency analyses. Ensures accurate representation of cost data and cost forecast in monthly reporting.
• Provides estimate of cancellation costs.
• Estimates costs of deviations and assesses impact on total project cost.
• Ensures accurate reflection of committed and spent funds, project deviation notices, field change orders, and project execution changes in all cost documents.
• Leads the project team in deriving an accurate and realistic forecast of all funds required to complete the project within the defined budget and schedule while incorporating own trending and analyses.
• Alerts the project team to critical Cost Management issues.
• Provides supporting data for project execution metrics, external benchmarking and project closure.

Experience:

• Bachelor's degree plus cost management, project controls or other related experience preferred.
• In lieu of degree, equivalent 7 years of experience required.