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Manage all Cost Control Functions on Project in accordance with Group Procedures & Guidelines.
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Establishment of Project Cost Control Execution & Reporting Plan, including development of any Project specific procedures where necessary, during the Project start up phase.
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Set up of Project Chart of Accounts and involvement in establishment of Project Work Breakdown Structure (WBS), Cost Breakdown Structure (CBS) and CTR Catalogue.
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Ensure analysis and understanding of the project contract and scope
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Input of Project Budget into Cost Management System (CMS) based on Tender “As Sold” Financial Costing data.
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Development of Forecasting methodology and establishment of monthly routines and interfaces with other project team members and external information providers.
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Monitor & control actual cost expenditures including reconciliation to the accounting system.
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Commitment & Open P/O monitoring and inclusion in forecasts as appropriate.
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Involvement in Change Management Process and Variation Order Costing, Pricing and Submission.
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Participate in Risk Management Process and manage the Project Contingency and Sensitivity Analysis Reporting.
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Preparation of the Project Cost Report (EAC) as well as ensuring that all information provided on monthly basis for Regional/Corporate Management Reporting purposes
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Preparation & Submission of Monthly multiple currency Cashflow Forecasts for project
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Preparation & Submission of the Monthly Project Status Report (PMSR)