Cost Engineer

DEscriptIONS OF FUNCTIONS

1. Control of Approved Project Budget

·    Validation of cost-related request items (i.e. if within budget, etc.)

·    Recording and monitoring of project expenses and savings (including overhead)

·    Re-alignment of project cost as may be required.

·    Projection of project cost at completion and savings

2. Issuance of Payment Certificate to Supplier / Sub Contractor

·    Checks the completeness of all attachments required.

·    Scrutiny of cost related documents, to ensure that the same is valid to the item/s being billed.

·    Preparation and issuance of Certificate of Payment.

3. Preparation of Variation Orders

·    Coordinates with Project Management Team (PMT) in order to identify possible variation orders.

·    Review of available resources (e.g. drawings, specifications, RFI, etc.) for the preparation of variation order/s.

·    Preparation and submission of detailed cost estimate and other related attachments.

·    Facilitates reconciliation and approval of variation orders.

4. Report Generation

·    Generation of accurate monthly cost report and analysis in a consistent and standard format.

5.  Control and Safekeeping of Cost Related documents