Project Cost Controller
CurrentProject Name: Surat Metro Underground Phase 01Client: Gujarat Metro Rail Corporation Contract Value: 1042.3 Crores ($3273 US MILLION)Project Configuration: Design & Construction of 3 Stations and TunnelResponsibilities:-➢Developing and managing project budgets, ensuring accuracy and adherence to financial constraints.➢Analyzing project proposals and feasibility studies to determine cost estimates and resource requirements.➢Monitoring project expenses, tracking… Show more Project Name: Surat Metro Underground Phase 01Client: Gujarat Metro Rail Corporation Contract Value: 1042.3 Crores ($3273 US MILLION)Project Configuration: Design & Construction of 3 Stations and TunnelResponsibilities:-➢Developing and managing project budgets, ensuring accuracy and adherence to financial constraints.➢Analyzing project proposals and feasibility studies to determine cost estimates and resource requirements.➢Monitoring project expenses, tracking variances, and implementing corrective actions as needed➢Conducting cost-benefit analyses to assess project profitability and recommend cost-saving measures➢Forecasting project costs, considering potential risks and contingencies➢Reviewing and approving invoices, purchase orders, and payment requests➢Maintaining comprehensive cost records and documentation for audits and reporting purposes➢Implementing cost control measures to optimize resource allocation and reduce wastage➢Providing financial updates and progress reports to project teams and management➢Supporting Cost Managers in preparing pre-tender estimates, handling procurement processes, preparing comparison statements, and conducting cost reporting➢Conducting regular site inspections to assess cost implications and validate progress➢Identifying potential cost overruns and proposing corrective measures to mitigate risks➢Conducting cost reviews and lessons learned sessions to improve future cost estimation accuracy➢Conducting thorough examinations of technical specifications, and collaborating with the project team to grasp timelines and comprehend client requirements➢Conducting estimation and cost planning, culminating in the preparation and presentation of the final cost plan➢Utilizing quantity surveying expertise to diligently manage project costs and optimize resource➢Compiling monthly reconciliation statements and presenting variances to management for thorough evaluation and analysis Show less