Overview
Lead the Cost Management function / team within the CDF programme of works. Develop and implement cost management plans and strategies, and ensure the cost management toolsets and systems are effective. Collaborate with project managers to integrate cost management into the overall project plan and provide training and support to the project team on cost management procedures. Facilitate communication between project stakeholders regarding project costs and mitigation strategies. Ensure compliance with cost management standards and regulation.
Responsibilities
- Lead the Cost Management function / team within the CDF programme of works.
- Develop and implement cost management plans and strategies for the CDF programme.
- Develop and implement cost management toolsets and systems.
- Work closely with project managers to integrate cost management into the overall project plan.
- Provide training and support to the project team on cost management procedures.
- Facilitate communication between project stakeholders regarding project costs and mitigation strategies.
- Ensure compliance with cost management standards and regulation.
Key Outputs / Deliverables
- Centralised cost data set.
- Input into the CRA.
- Developed cost models using activity-based and other costing methods to ensure accurate cost estimates.
Key Leadership / People Management Skills
- Ability to work well with a small team.
- Ability to influence others.
- Ability to foster a positive, collaborative culture and teamwork.
- Strong understanding of construction processes, materials and methods; proficiency in specialized software such as Primavera P6, CostX, Procore, Cobra EVM systems.
- Parametric estimating.
- Experience using EVM tools and systems such as COBRA.
Key Technical Skills
- Planning and forecasting the project budget.
- Ensuring compliance with financial regulations.
- Monitoring and reporting on budget progress.
- Overseeing project cost management strategy.
- Collaborating with project managers and stakeholders to establish cost objectives.
- Analyzing cost data to determine project budgets and forecasts.
- Implementing cost control measures.
- Preparing detailed cost forecasts and budget reports.
- Providing advisory services on cost strategy, negotiation, risk management, and cost control.
- Develop cost mitigation plans and strategies.
- Prepare and deliver cost management reports for stakeholders.
- Ensure compliance with relevant industry, regulatory, and company standards.
- Create and implement cost management policies and protocols.
- Perform cost assessment at different stages of the project.
- Monitor and review cost management processes and identify areas for improvement.
- Conduct training and workshops on cost management practices and procedures.
- Ensure compliance with SHE Management System (Safety, Health and Environmental).
- Demonstrate leadership for SHE, setting high standards.
Key Mental / Analytical Skills & Challenges
- Apply Root Cause Analysis techniques to business area shortfalls and translate into corrective actions.
- Ability to identify trends, behaviours and insights to improve CDF performance.
- Influential and persuasive approach to achieving objectives; emotionally resilient.
Key Interpersonal / Behavioural Skills
- Adept verbal and written communication skills.
- Ability to make decisions on own initiative and work independently in a safe and effective manner.
- High level of attention to detail.
- Well organized and able to work to deadlines.
Required Qualifications
- NOTC1-4 & 7.
- 6 months relevant experience desirable
- 5 years’ experience in the development and implementation of cost management processes and procedures.
- Understanding of BIM in support of programme cost modelling and analysis.
Preferred Qualifications
- HNC or degree / Honours degree in a relevant subject.
- Membership of the MACostE.
- SC Clearance.
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