Ashish Sivaraman

• Manage end-to-end cost control activities for 3 major contracts with multiple call offs.
• Established budget baselines, monitored commitment, VOWD, contingency drawdown to
provide stakeholders with high-integrity reporting.
• Develop and manage weekly cost dashboards improving financial visibility for client and
Project Management Team (PMT)
• Track and control budget utilization, cost trends, and variation orders, ensuring accurate
reflection in weekly and monthly reports
• Managed complex project funding packages and commercial alignment across multi-asset
ventures through accurate and timely cost capturing & reporting
• Deliver detailed CTR reports covering cost, schedule, and resource analysis, identifying key
variance drivers and performance gaps
• Responsible for the monthly detailed Cost Report process, providing accurate figures for
Value of Work Done (VOWD) and updated AFC/ EAC.
• Prepare Monthly Payment Certificates (MPC) and capture all reimbursable costs,
coordinating directly with the client to secure approvals for timely invoicing

• Acted as the Primary Cost Focal Point for Ethane Cracker complex FEED project under the LTC program for Saudi Aramco & Rongsheng JV (USD 110 Million).
• Developed, managed and maintained Project Financials including Project Budget, Expenditure Forecast, Cash Flow projections, Cost Performance Summary Reports.
• Coordinated client approvals, maintained accurate logs and reports, and ensured compliance with contractual requirements and reduced rejection rates to almost zero.
• Prepared and issued timely and detailed cost reports on incurred costs and variations between budgeted vs. actual expenditures, presented to supervisors and Project Managers for strategic review and decision-making.
• Collaborated with cross-functional teams (Planning, Engineering) to accurately develop cost forecasts, ensuring alignment with project objectives.
• Established and managed comprehensive information flow processes for all project expense heads, resulting in a 15% reduction in reporting delays.
• Contributed towards developing, submitting and negotiating change orders/ variations.
• Prepared Project Control Procedures and Coordinated Value Improving Processes.

• Cost focal point for cost activities for SASREF+ ECC project (Saudi Aramco & Rongsheng)
• Produced weekly and monthly performance reports covering budget utilization, progress,
cost variance, and forecast trends
• Delivered project status presentations to stakeholders, enabling proactive decision-making
• Developed and presented project control dashboards for client and internal review meetings
• Supported development of Class 4 (±30%) and Class 3 (±10%) estimates
• Attended risk management sessions to identify project risks early and implement mitigation
strategies to maintain budget and schedule targets
• Managed change orders and variation processes, ensuring full documentation and
commercial alignment

Developed and maintained Cost Breakdown Structure for the projects.
Monitor, control and record cost commitments and expenditures throughout the project lifecycle.
Collaborate with cross functional teams to ensure accuracy in expense tracking, revenue reporting and
financial forecasting.
Collaborate with Engineering, Procurement and construction functions to maintain awareness of the project
activities and their impact on budget, schedule and cost forecast.
Update the revenue and all actual and committed costs in Oracle Fusion Application on regular basis.
Review and approve sub-contractor invoices based on the VOWD and contractual agreement.
Prepare and present the Operational Budgets for upcoming financial year and track month wise actuals
against budgets.
Prepare and present detailed cost reports and variance analysis report for management review on monthly
basis.
Actively involved in implementation of Oracle Fusion Application digitalization drive and migration of data.

• Managed cost control for EPC projects involving heavy chemical injection skids and long-term
maintenance blanket contracts
• Prepared cost estimates for longform maintenance contracts in accordance to contractual
SOR and develop new STAR rates as applicable.
• Controlled subcontractor invoicing and approved MPC ensuring contractual and financial
compliance
• Coordinated with procurement, finance, and project teams for cost analysis and forecasting
• Managed end-to-end invoicing and payment certification processes

• Project: Expansion of Oral Solid Dose Unit for M/s Piramal Pharma Ltd, Indore
Reviewed the detailed BOQ as per measurement standards, coordinated with Engineering team to review cost estimates before floating of tenders.
Analyzed bids technically and commercially and provide recommendation to Project Management Team.
Worked effectively in fast-paced EPC environment. Applied effective time management techniques to
meet tight deadlines.
Reviewed and certified sub-contractor interim and final Payment applications.
Prepared and presented monthly cost reports with details on CAPEX and other spending with detailed
trend/ variance analysis.

• Managed cost estimation and contract administration for pharmaceutical expansion project
• Monitored project budgets, tracked variations, and ensured cost compliance
• Supported procurement and contractor evaluation from a commercial perspective

• Led cost estimation and project engineering activities across multiple construction projects
• Prepared detailed BOQs, cost estimates, and bid submissions for insulation, painting,
fireproofing, scaffolding scopes.
• Monitored project costs, tracked variations, and supported project execution teams
• Coordinated with clients, consultants, and contractors to ensure commercial alignment
• Contributed to successful delivery of multiple projects within budget and timeline constraints
during my 7 year tenure.

Preparation of BOQ from structural steel drawings for coating of steel structures.
Material take off for quantity of paints/ chemicals required for the project.
Certification from client/ remeasurements on monthly basis.

Site engineer for fireproofing of CDSP unit of MRPL and LSTK units at OMPL, Mangalore.
Coordinate with site in-charge regarding deployment of manpower and day plan.
Prepare and submit inspection and daily reports.