18 Sep
|
KMV Projects
|
Hyderabad
18 Sep
KMV Projects
Hyderabad
Role & responsibilities
- Lead Corporate Costing, Estimation and Cost Control functions across all projects.
- Review and vet PCE's (Project Cost Estimates) for all projects before management approval.
- Verify PCE quantities, rates, specifications, productivities, materials, labour, subcontract and project overhead costs.
- Review and validate detailed rate analysis for major and critical BOQ items.
- Benchmark PCE rates against historical project data, market rates, procurement rates and approved benchmarks.
- Coordinate with Tendering, Engineering, Planning, QS, SCM, Finance and Project teams for costing inputs.
- Prepare and review Project budgets based on approved PCEs and awarded BOQs.
- Ensure approved BOQ and budget details are accurately uploaded into P360.
- Verify mapping of BOQ, quantities, rates, cost codes and approved budgets in P360.
- Coordinate with ERP/P360 team for timely resolution of budget and BOQ-related issues.
- Ensure availability of approved budget in P360 before initiating procurement/indenting activities as per process.
- Review and control revisions to approved PCEs and project budgets with appropriate approvals.
- Undertake regular site visits to validate project cost assumptions, quantities, productivity and resource deployment.
- Review actual material consumption, labour productivity,
plant utilization and subcontract costs during site visits.
- Monitor PCE vs.
Award
Value vs. Budget vs.
Actual
Cost vs.
Forecast
Cost for all projects.
- Support Project and Cluster PMO teams in developing corrective actions for cost overruns.
- Review project cost-to-complete and Estimate at Completion (EAC) periodically.
- Develop project-wise and item-wise cost benchmarks for future tenders and PCE preparation.
- Conduct PCE vs.
Actual
Cost analysis of completed projects and incorporate lessons learned into future estimates.
- Establish standard costing methodologies, rate analysis formats, PCE templates and costing SOPs.
- Provide cost and profitability inputs for tender evaluation and management decision-making.
- Support tender pricing through cost analysis, risk assessment, contingency and margin evaluation.
- Review major procurement and subcontracting rates against approved PCE and project budgets.
- Prepare periodic Corporate Cost MIS and dashboards covering project cost performance and key variances.
- Ensure effective integration of costing, budgeting, procurement, execution and finance data through P360.
- Drive continuous improvement in costing accuracy, cost control, benchmarking and project profitability.
📌 AGM /DGM - Costing (Hyderabad)
🏢 KMV Projects
📍 Hyderabad