Job Description

Job Description

Cost Management
- Develop and maintain project cost budgets in accordance with the Project Work Breakdown Structure (WBS) and the Basis of Estimate
- Liaise with procurement, finance, and time-capture functions to ensure accurate and timely capture of all cost elements — procurement, materials, subcontracts, and labour
- Monitor and review cost commitments and expenditure through all phases of project lifecycle
- Liaise with project management and planning to ensure accuracy of cost phasing and forecasting
- Review and evaluate project cost performance reports and forecast updates
- Review and analyse cost impact of manpower forecasts
- Review and issue project change orders and variations in accordance with change notifications
- Assess and communicate cost and schedule impact of change notifications
- Monitor overall project cost performance and contingency drawdown
- Lead the project cost close-out process
- Act as Cost Focal Point for all assigned project scopes

Reporting & Governance
- Ensure project budgets, costs,



and reports are documented, auditable, and issued in a controlled manner
- Review and evaluate project cost performance reports in accordance with project reporting requirements
- Attend project and client periodic meetings and present cost performance status as required
- Ensure reports are accurate, timely, and issued in accordance with the contract reporting calendar
- Ensure original and current budgets correspond to approved estimates and scope changes throughout the project lifecycle
- Participate in contract and corporate risk analysis sessions and audits

PMBS & Efficiency
- Support the achievement of the contract PMBS efficiency target (target: PMBS below 50% of Engineering cost)
- Actively contribute to simplification of cost reporting structures and reduction of unnecessary reporting overhead
- Contribute to the development of fit-for-purpose cost controls for the Rapid Track delivery model

Team & Capabi

📌 Senior Cost Controller (Chennai)
🏢 Wood
📍 Chennai