The Cost Controller is responsible for controlling the project’s cost. These services include planning for costs, cost estimating, budget development and control, cost projecting, analysis, and reporting. The Cost Controller plays a key role in understanding whether the project will come in on budget and/or when the project’s cost trajectory is going wrong.
Develop or assist with the development of the cost management plan.
Set up and manage an effective cost control system, order placement and approval processes.
Assist with the Basis of Estimate, estimating plan, and project cost planning for the next project phase, including OPEX and CAPEX.
Ensure the costs are aligned to the Bill of Quantities and the schedule.
Ensure that proper cash flows are developed (costs are baselined).
Ensure accurate reporting of all requested cost metrics to relevant stakeholders and escalate when appropriate.
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