Cost Manager - Planning and cost control Engineer - Bangalore

  • Full-time
  • Department: Natural resources

Company Description

At Turner & Townsend we’re passionate about making the difference. That means delivering better outcomes for our clients, helping our people to realize their potential, and doing our part to create a prosperous society.

Every day we help our major global clients deliver ambitious and highly technical projects, in over 110 offices worldwide.

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Job Description

Main Purpose :

To support the project services manager in all aspect of planning and cost controls function.  

Planning responsibilities :-

  • To deliver and maintain consistent and realistic plans and control structures for the project. Understand the list of plans required to execute the assigned project sub­ elements and their interface to other sub-elements. Develop the activities, logic, resources and progress for the assigned project sub-elements, leading to the creation of the baseline schedule and its subsequent maintenance.
  • Develop, implement and comply with the planning and progress monitoring procedures.
  • Update progress schedule forecast, critical path and trend analyses for assigned elements, including any impact from interface areas. Implement and maintain the status reports. Provide regular and comprehensive schedule status reports.
  • Assess and incorporate the impact of approved changes and any deviations from the key project targets and milestones, monitor productivity and identification of alternate approaches to optimise the plan(s).
  • Work closely with project team to ensure proper understanding of the key schedule sensitivities
  • Develop contract key dates, milestones and plan dates that align with the overall project schedule. Evaluate bid schedules and review contractor plans to support contract award recommendations. Develop contract sections for planning and progress reporting. Review and verify contractors reported progress.
  • Contribute to the transition of the project's risk profile into the probabilistic risk model and understand the output, including the key risk drivers for the possible range of schedule completion dates. Track the criticality of the main paths to completion and float consumption.
  • Implement and utilise client standard tools and processes. Provide input data for and participate in benchmarking activities.
  • Contribute to close-out data to enable knowledge retention (lessons learned, project data compilation) at completion of work.

 

Cost controls responsibilities :-

  • Deliver consistent but appropriate cost management structures for major, complex projects.
  • Roll-out of the emerging industry standard tools and processes, as appropriate for each project's life cycle development & execution phase.
  • Provide project management support in the development of cost breakdown structures (CBS) and their population from the estimate.
  • Develop Work Breakdown Structure (WBS) and document Cost Time and Resource (CTR) sheets for phased cost estimates in line with the Company guidance notes for agreement and sign-off by the CTR budget holders.
  • Provide project guidance for creation of accurate monthly cost reports, identifying variances from the plan on commitment, value of work done, changes and currency fluctuations against approved Authorities For Expenditure (AFEs).
  • Develop and implement the chanqe management process for projects. Provide guidance on trend analysis and the assessment of change impacts on cost. Participate in peer reviews and other Assurance events.
  • Contribute to the development of junior staff through coaching and training in cost engineering practices, tools and techniques.
  • Maintain and promote realism in the cost forecasts in the face of commercial pressure and optimism from project teams.
  • Maintain consistency in cost bases through rigorous adherence to the controls processes.
  • Drive and raise awareness of the importance of developing the cost management structure in early project phases.

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Qualifications

Possess with engineering Degree and/or equivalent qualification

6-10 years industry experience in planning and cost engineering positions

Good written and oral communications.

Fully versed with industry planning and cost engineering software.

Additional Information

Our inspired people share our vision and mission. We provide a great place to work, where each person has the opportunity and voice to affect change.

We want our people to succeed both in work and life. To support this we promote a healthy, productive and flexible working environment that respects work-life balance. 

Turner & Townsend is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees and actively encourage applications from all sectors of the community.

Please find out more about us at www.turnerandtownsend.com/

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