Nicolas Sofroniou Email & Phone Number

Nicosia, Cyprus

•Verifying work progress status, updating cost documentation and allocating costs to the right cost elements •Cost breakdown structure updating according to existing cost estimates •Assuring/developving and maintaining all cost reports, feeding in cost reporting systems •Monitoring the actual cost vs budget /AFE Values, identifying potential overrun and necessary actions in order to increase administrative value/s of the contract//s •Preparing close-out report after each drilled well •E&P Management: Standard workflow-Best Practises •Economics General: Economics planning and control, cost estimating/budgeting/cost analysis/control •Contracting: Def. of contract strategy, variations and claim resolution •Organisation processes: Project Management process •Project Management: Preparation of development program and budget, close-out report preparation, cost control budgeting

Vasiliko, Cyprus

Limassol, Cyprus

Responsible for compiling, preparing and analyzing cost input data for the creation of monthly and quarterly reports. Liaising with quantity surveyors, engineers and project nominated mechanicsSupporting the cost control functionLinking Cost Control and Accounting Department with ManagementInterfacing with accountants to develop project cost reportsInterfacing with planners to develop project cost forecasts

Responsible for handling and reorganizing the Claims files and scrutinizing the claim history Dealing with different types of claims regarding Petroleum Shipments

Responsible for handling a big number of Brownfield projects executed within the Transfield Worley (TW) Integrated Services Contract Business Unit. My total project budget portfolio reached the AUD$200 million mark. Monitoring direct meetings with Asset and Project Managers, and members of different project teams. Regular performance reviews. Carrying out Cost Control duties and supporting the Cost Control function.Developing and maintaining a cost conscious environment.Maintaining and reporting cost information for Transfield Worley projects on a timely basis in compliance with TW/Woodside Integrated Services Contract Cost Control procedures and in line with accepted reporting standards and formats.Interfacing with project personnel to develop project cost forecasts.Sustaining relationships with multiple departments.Providing appropriately phased cost forecasts to enable fiscal spends on a monthly, quarterly and annual basis.Ensuring adherence to project change control processes to ensure budgets are managed in accordance with project scope.Providing cost control support/advice to Project Leaders and ManagementBeing an active member in creating and maintaining a culture of HSE leadership that genuinely values no harm to the environment and values people's safety, health and well-being.Reporting project budget status at progress meetings. Identifying ongoing project risksEnsuring all resources (manpower and materials) are included in the fiscal year budget forecast.

Msc, Control Engineering And Mathematics

Masters and Bachelor degrees in Mathematics

Masters Msc, Simulation Of Systems

Modeling Simulation and Control 2002 - 2003

Bachelor Bsc, Mathematical Sciences

Courses/Training Primavera 106 Project Management: Advanced v5, Certificate II in Process Plant Operations, Project Management.