Senior Vice President - Cost & Budgeting

Description:

Mandatory : PMC Experience

Job Responsibilities:

- Develop and oversee detailed project cost plans from the initial concept stage through final project delivery.

- Manage and monitor project budgets by tracking committed costs, actual expenditures, and forecasting Estimate at Completion (EAC).

- Carry out monthly Earned Value Management (EVM) analysis, including CPI, SPI, TCPI, and variance reporting.

- Prepare and present comprehensive cost reports to senior leadership, including trend evaluations and cash flow projections.

- Work closely with project teams to periodically review and determine accurate cost-to-complete estimates.

- Analyze and benchmark project costs against industry standards and historical data from similar projects.

- Assess variation orders, identify underlying causes, and implement preventive actions to minimize recurrence across projects.

- Establish and maintain an updated rate library and cost database covering all major construction disciplines.