Cost Engineer
KNPC
Total des années d'expérience :17 years, 6 Mois
• Preparing Cost Estimates of Feasibility, FEED & Implementation stage Project Proposals, SRs, MRs, change requests or additional scope.
• Review and verify FEED stage cost estimates submitted by Project Management Consultants.
• Preparation of capital budget, expense budget and capital carry-over budget for concerned Projects Department.
• Preparing and providing cost details such as cost breakdown and phasing of expenditure for preparation of capital budget and performing activities required for approval of projects / budget and release of necessary funds for projects on approval of projects / budget.
• Preparing carry over budget (COB) for projects handled by and expense budget for concerned Projects Department.
• Review of Project Claims like Extension of time (EOT), Loss of productivity, potential Change orders, & Variation orders and duly settlement as per Company’s procedure.
• Processing Contractor’s & Vendor’s Invoices for payment.
• Preparing Request for Additional Fund (RAF) as & when required for additional scope / cost and coordinating with Corporate Planning for its approval.
• Coordinating with Finance Department for approval of AFE and obtaining job numbers for approved projects and consultancy studies.
• Handling data submission for Balance Score Card (BSc)/SMAIP/MAIP/TAIP.
• Inputting the TAIP data in MASAAR system.
• Targets setting, Monitoring CAPEX, and LOCAL CAPEX for Projects Department.
• Preparing correspondence for informing Finance Department and concerned section heads regarding approval of projects, funds and action required by them.
• Monitoring and controlling the cost of projects from approval stage until their completion.
• Analyzing the reasons for over-run / under-run on projects and suggesting possible remedial actions.
• Preparing cost reports periodically and as required for presentation to the management.
• Assisting in preparation / finalization of asset tables for the completed projects and ensuring closing of project job numbers on completion of projects.
• Maintaining record of current cost data based on latest awarded purchase orders and contracts.
• Coordinating with Corporate Planning for approval of supplementary / contingency projects handled by concerned Projects Department and for approval of funds from study budget for consultancy studies initiated by PD.
• Providing required inputs to Corporate Planning and Finance Department for matters related to five-year plans etc.
• Monitors the Project S Curve and report project cash flow performance.
• Reviewing and forwarding loaned personnel invoices to Accounts for payment.
• Coordinating and replying to State Audit and Internal Audit queries.
• Maintaining latest cost data for KNPC & Secondment manpower’s man-hours rates.
• Participating in data submission for SOLOMON Studies.
• Budget Preparation for External Training and Business Trips and subsequently expenditure monitoring.
• Developing Quarterly Manpower Report for PD Employees.
• Requesting the Finance Department to Capitalize the Project expenditure after project completion.
• Evaluates projects' change request to ascertain trends that may affect program. Recommends corrective action plan or changes to program scope, budget, schedule and risks.
• Continual improvement and development on Project Cost Management processes.
• Preparation of Monthly Cost reports along with Project Forecasted Review Report.
• Develop and Maintain the Control Budget from the phased Final Cost Estimate, incorporating any changes made to the proposed estimate during the approval process.
• Monitor change orders and maintain detailed records of project decisions and contractor actions.
• Preparation of Control Budget & Budget Estimates, Cost Reports and Cost performance analysis reports of multiple construction and maintenance projects, Collecting information and data for project expenditure and tracking their allocations.
• Prepare Project cost control report highlighting Cost Overrun / Savings, Investigate reasons, Analysis against the original budget.
• Provide advice and technical assistance with cost analysis, fiscal allocation, and budget preparation.
• Participated in preparation and settlements of Project Claims like EOT, Loss of productivity, potential Change orders, & Variation orders etc.
• Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations.
• Cost accounting and helping in knowing & controlling the cost of the project by applying costing principles.
• Review operating budgets to analyze trends affecting budget needs.
• Consult with managers to ensure that budget adjustments are made in accordance with plan changes.
• Analyze monthly department budgeting and accounting reports to maintain expenditure controls.
• Compile and analyze accounting records and other data to determine the financial resources required to implement a Program.
• Summarize budgets and submit recommendations for the approval or disapproval of budget requests Perform cost-benefit analyses to compare operating programs, review financial requests, or explore alternative financing methods.
• Seek new ways to improve efficiency and increase profits.
• Preparation of Control Budget, Cost Reports and Cost performance analysis reports of multiple construction and maintenance projects, Collecting information and data for project expenditure and tracking their allocations.
• Reviewing Project Progress Report in line with the Project Schedule and submitting review report to Department Head. Follow up with Operations Department to comply with Reporting function in time as per schedule.
• Monitoring of project costing & Review of Control Budget with Operation Department to recommend Target Budget for the projects. Co-ordination of activities as required for multi-functional project team interfaces.
• Review of Financial Concurrence & Participate in management accounting tasks, collecting data and analysis as required by Department Head in assisting him to discharge the department’s responsibilities.
• Review of Estimate Summary Sheet and providing value addition inputs. Review of Tender Proposal for its completeness and accuracy. Collecting information and data for project expenditure tracking.
• Executing internal audits as required by management.
• To supervise and be responsible for development and accuracy of cost and schedule reports.
• To monitor project activities against contract scope of work, prepare additional work cost estimates.
• To prepare coordinate the development of staffing plans for cost and scheduling activities.
• Reviewing Project Progress Report in line with the Project Schedule and submitting review report to Department Head.
• Follow up with Operations Department to comply with Reporting function in time as per schedule.
• Inputs to Contracts in commercial section, Negotiate “Work Change requests /Variations” with contractor and client in view of cost related scope.
• Propose corrective action based on cost related “Areas of concerns during project execution.
• Processioning subcontractor/vendors invoice, check payment invoices submitted by contractor against actual work completed and verifies variation orders and contractor claim for proper settlement.
• Provide summary to detailed level schedules to enable effective control of the project (Fully Resourced and Cost) using P6 & P3 Software (Primavera).
• Project work breakdown structures, calculation of budget man-hours and cost and plans. Oil, gas and/or petrochemical
• Project planning systems, Preparation of progress reports on weekly and daily basis.
• To predict and communicate critical path deviations to enable management to take corrective action. Preparation of daily and weekly level IV schedule for different area/zones for each Foreman/Supervisor.
• Planning and Monitoring Piping Spool Fabrication & erection, piping Hydro testing Civil work such as Equipment Foundation, Structure foundation, Buildings, cable trench, Duct bank.
• Preparing and implementing detailed plans for the activities to monitor the project progress in different levels
• Preparing reports for schedule variance / slippage activities
• Preparing recovery plan whenever schedule slippage occurs as per client requirements
• Planning, ensuring effective and realistic project. Scheduling inter disciplines coordination to achieve timely completion. Identifying and dealing with project constraints and identifying assumptions at the beginning of project execution.
• Advising management on deviations from the planned dates and introducing corrective measures to mitigate delays in every aspect of project execution.
• Ensuring scope changes are analyzed and time impacts are reported to project manager.
• Generation of manpower forward load at discipline level across the operation.
• Generate proposal / tender schedules (including bar charts, S curves, histograms, deliverables lists).
• Preparing forward load forecasts for the project(s), including monitoring and reporting manpower utilization.
• Monitor schedule risk.
• Site supervision in Piping Spool Fabrication & erection, piping Insulation, Piping Hydro testing.
• Carry out regular field check on Installation works to ensure work is in line with original project packages and company standard
• Complete responsibility of pipe supports Fabrication.
• Coordination with the Client, resource mobilization and timely completion of the job.
• Planning & monitoring of project activities, preparation of level IV plans site people for followings.
• Used in house built software packages like SMS (Site Monitoring System) & (Project Monitoring System) for monitoring of progress against various activities, Cost Centers.
• Prepared B.O.Q from drawings for Piping Fabrication & erection, piping Insulation, Piping Hydro testing. Collecting Progress of various activities from project site & verified it by physical checking for Piping Erection (CS, LTCS, SS & AS), Insulation (Piping & Equipment).
• Co-ordinate with Sub-contractors for progress monitoring, ensure works/service targets achieved professional, smoothly and trouble free.
• Prepared daily and weekly level IV schedule for different area/zones for each Foreman/Supervisor.
• Prepared manpower status and other resources required for execution of above-mentioned schedule.
• Prepared progress reports on weekly and daily basis
• Assist with operation personal for solving their mechanical problems.
• Give guidelines to supervisors under me for safe prosecution
• Monitor and assign work at Site in accordance with Company’s policies and procedures.
• Monitor and control expenses related to project work and ensure organizational forecasts and budgets are met for these expenses.
• Undertake team briefings and inception activities to ensure all aspects of work are understood by all concerned parties.
• Ensure safety standards and procedures are implemented and followed in accordance with contract requirements and Company guidelines.
• Responsible and report on the scheduling of man / material movement for all aspect of construction activity.
• Act as liaison with contractors and clients managing any work interfaces and enhancement to project scope.
• Review and evaluate technical submittals and shop drawings prior to submission to consultants and clients according to required project standards.
B.E (Mechanical Engineering) with focus in production, thermal, automobile engineering, industrial management, July 2006, with 1st division from Zakir Husain College of Engineering & Technology at Aligarh Muslim University, Aligarh.(U.P) INDIA.