Develop and maintain comprehensive project budgets, forecasts, and cost reports, ensuring accuracy and timely delivery to stakeholders.
Conduct detailed cost analysis and variance analysis, identifying trends, and providing recommendations for cost optimization and risk mitigation.
Manage and control project costs throughout the project lifecycle, including monitoring expenditures, and proactively addressing potential cost overruns.
Prepare and review change orders, evaluate their impact on project costs and schedules, and negotiate with contractors to minimize financial implications.
Collaborate with project managers, engineers, and other stakeholders to ensure cost-effective project execution and alignment with project goals.
Implement and maintain cost control procedures, systems, and tools, ensuring compliance with company policies and industry best practices.
Provide expert advice and guidance on cost-related matters, supporting decision-making and promoting a culture of cost consciousness.
Prepare and present regular cost reports and presentations to management, highlighting key cost performance indicators and project financial status.
Review and approve contractor invoices and payment applications, ensuring accuracy and compliance with contract terms and conditions.
Participate in project planning, scheduling, and risk management activities, providing cost input and contributing to the overall project success.
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