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Project Cost Analyst
2 months ago
Airswift is seeking a Project Cost Analyst to work on contract with one of our top chemical manufacturing clients in La Porte, TX
The Project Cost Analyst reports to the Manager of Project Controls and serves as subject matter expert assigned as project controls representative to specific projects. The responsibilities of the project cost analyst are to assist the Project Managers and Construction Coordinators in controlling and monitoring overall project cost and schedule performance and reporting the project’s progress as it relates to the approved scope baseline. A cost analyst also monitors actual construction progress versus baseline, schedule and cost performance, and reporting on overall project forecasts.
Specific duties of the project cost analyst may include :
Developing and implementing project control strategies and plan to monitor progress, costs, and schedules on specific assigned projects
Overall project reporting as defined in project controls and project management guidelines
Identifying and communicating deviations from project plans to the project manager and team as well as recommending corrective actions
Preparing project cost and schedule forecasts (may rely on separate schedule analyst for schedule portion)
Communicating and coordinating with project team, including schedule analyst, construction coordinator, process and discipline engineers to accurately plan and forecast project spending
Formulating project completion forecasts and trend analysis
Respectfully interfacing with project managers, project scheduler, and contractors to maintain cost projections
Earned Value Management analysis of project performance
Reviewing and appraising all requests for changes on contracts (Change Orders)
Monitoring contractor staffing and equipment expenditures on contract
s, notifying the project controls manager and project manager of any staffing issues, and reporting equipment expenditure status to the project manager
Monitoring installed quantities
Analyzing contractor claims for additional costs
Reviewing contractor invoices
Generating and monitoring project tracking metrics
Required skills and knowledge:
Advanced working knowledge of SAP project management reports for actual and committed spending
Advanced skills in Microsoft Excel for cost model management and reporting graphs
Advanced working knowledge of Primavera P6 for schedule management
Knowledge of AACE cost management best practices
Knowledge and application of earned value and other monitoring techniques
Knowledge of risk management processes and techniques
Ability to work well in a team and independently
Ability to respectfully challenge contractors and project manager with supporting data
Excellent analytical and problem-solving skills
Effective leadership, communication, and interpersonal abilities
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