Cost Control Manager
El Seif Engineering
Total years of experience :19 years, 6 Months
Establishing and implementing a robust cost control program and cost review mechanism for the projects; generating, tracking and reviewing monthly cost, productivity and cash flow reports
Liaising with the procurement department in providing the budget for permanent building materials; coordinating with site commercial team for negotiating with employers/subcontractors in completing final account
Advise the project manager about cost and contract matters, generally, including estimates of the cost and time impact of proposed variation orders using the agreed change management procedures and also co-ordinate the variation order approval process.
Review and manage the contractual obligations of all parties and continually review them to ensure that all terms and conditions are met.
Identify risks, issues and suggest alternatives that lead to the best solution, and update the risk register. I act as the primary contact between the project, business, legal and commercial teams, ensuring that all legal and contractual matters are addressed efficiently and promptly.
Identify possible areas of dispute amongst the project team and actively seek resolutions at an early stage. I am involved in claims preparation and develop contractual arguments for the basis of the claims. I prepare periodic reports concerning construction volume, variations and accruals.
Intervene where necessary to analyze, manage and resolve business conflicts between the company and the subcontractors/suppliers.
Lead tendering team activities from receiving invitations until bid submission, including activities such as site visits, creation of BOQ, preparing inquires to the client, sending RFQs, preparing calculation and comparison sheet, managing post-bid clarifications and more.
Undertook quantity surveying and project cost control operations; monitored work progress for the projects and compile monthly valuations
Claimed variations for works being undertaken or requested by the employer from out of scope of the contract
Prepared monthly Cost Value Reconciliation (CVR) and Cost to Complete (CTC) based on various scenarios
Imparting assistance to the tendering department representative in preparing cost / BoQs for pricing new substations; updated risk register and its estimated cost to be incurred
Attended monthly review meetings with management, employer & sub-contractor
Undertook follow-up with employer for pending payments to be received; prepared final accounts with employer / subcontractor on completion of the project
Arunachalam.M
AREAS OF EXPERTISE
* Oversee operation along with Project Manager either at site or in office depending on project stage.
* Prepare the Monthly progress invoice to the client as well as Responsible for the control quantity surveying of the project.
* Ensure completeness and validity of contractual requirements.
* Advise on Contractor’s resource allocation.
* Ensure prompt submittal and completeness of valuations.
* Check and record measure of work done.
* Prepare variations and day works.
* Monitor contracts final cost estimates.
* Maintain expenditure records.
* Review, negotiate and prepare claim settlements with the Department.
* Prepare Final Account with all supporting documentation for the subcontractors.
* Prepare financial statements and monthly report.
* Verify the Sub Contractors Contractor’s valuations.
* Verify and record measure of work done.
* Verify materials on site against delivery notes.
* Prepare cost estimates.
* Check and verify the claims from Sub Contractors.
* Liaise with Department in all financial and contractual matters throughout the course of all contracts.
* Preparing cost estimate for different phases of the project, advice the project management on possible cost over runs and on the action necessary to remain within the approved project budget.
* Design detailed yet simple to understand schedules and graphs. Produce visual aids to help explain schedule of work, including bar charts and network diagrams.
* Anticipate particular demands which may arise whilst keeping initial schedule of work in mind. Implement and maintain a coordinated plus consistent filing system at work.
* Keep contacts with project manager besides liaising with individuals on project ensuring all separate elements of project fit together and are working towards a common aim.
* Monitor progress of project at different stages of its development making adjustments to schedules if necessary. Ensure that everyone involved in project is aware of how each activity relate to other’s to avoid any unnecessary delays hence evade penalty.
* Compliance to company Quality Management System, HSE requirements, policies and requirements
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