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Cost Controller

Responsibilities

 Integrates the project cost estimate, workhour estimate, and project schedule into the Cost Management
baseline.
 Develops and maintains cost reports, cash flow/cancellation curves, and contingency analyses.
 Provides estimate of cancellation costs.
 Estimates costs of deviations and assesses impact on total project cost.
 Ensures accurate reflection of committed/spent funds, project deviation notices, field change orders, and project
execution changes in all cost documents.
 Leads the project team in deriving an accurate and realistic forecast of all funds required to complete the project
within the defined budget and schedule while incorporating own trending and analyses.
 Ensures accurate representation of cost data in monthly reporting.
 Alerts the project team to critical Cost Management issues.
 Provides supporting data for GPM measurements, external benchmarking and project closure.

Technical Skillset:

 Project Cost Management and Cost Tracking Methodology


 GPM (and supporting work processes)
 Project Measurements Work Process Discipline
 Global Project Cost Tracking System (GPCTS)
 Cash Flow Curves
 Cancellation Curves
 Contingency Analysis
 Accounting Work Process and Supporting Tool Set
 Procurement Work Process and Supporting Tool Set
 Construction Change Order Process and Supporting Tool Set
 Monthly Reporting

DOW RESTRICTED - For internal use only

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