Project Cost Manager
Collaborate closely with Construction Managers to ensure their comprehensive understanding of project expenses and potential risks and provide alternative strategies for risk management or seizing opportunities.
Expectations include a deep understanding of cost control principles.
Proactively monitor and communicate budget status, actual expenditures, scope adjustments, and revenue forecasts, covering all labor, expenses, and subcontracting costs.
Utilize your expertise to create progress reports that effectively convey project status.
Depend on your proficiency to fulfill commitments, whether individually or as part of a team, ensuring tasks are completed within specified deadlines.
Review GC’s cost tracking reports.
Reconcile GC actual costs with GMP/ Schedule of Values.
Contract Administration (retention, T&Cs, insurance, allowances, contingency, incentives).
Tracking of all key project documents, including change orders, invoices and payments, lien releases, etc.
Setting and attending change control and cost meetings as required.
Support the development, implementation, and maintenance of comprehensive internal financial reporting package to support the monthly preparation of Pay Applications.
Monitor operational and/or project costs and expenditures, measure project performance, schedule, and assist with quarterly and fiscal year end analysis and confirmations on project status.
Overall support of construction team.
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