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1. Develop, maintain, and manage project cost control systems, procedures, and policies to ensure project costs are controlled and reported accurately.
2. Monitor and analyze project expenditures, including labor, materials, equipment, and subcontractors, to ensure alignment with the approved budget.
3.Prepare detailed cost reports, forecasts, and financial summaries for senior management.
4.Identify and report on variances and trends, providing recommendations for corrective actions.
5.Collaborate with project managers and the finance team to develop and manage project budgets and cost baselines.
6.Review project contracts, change orders, and claims for cost implications.
7.Conduct regular site visits to verify actual work progress and assess cost impacts.