At this level a Senior Cost Engineer (PMO Cost Specialist (Advanced)) is responsible for applying requirements management, budgeting & cost control, financial management, change management and benefits management independently primarily in complex situations across P3M. Ability to developing and agree scope/budgets for projects and/or programmes and controlling forecast and actual costs against them. This includes the provision of risk & opportunity analysis on these budgets and change management.
Top 5 Major Tasks and Activities:
• Develop/implement and maintain the Project Baseline Budgets incl Control Account Plans/Responsibility Assignment Matrix and WBS Dictionary (SOW).
• Responsible for the monitor, control and validation of project's accruals and commitments and the control of resource and financial forecast data.
• Management and control of cost risk budget and drawdown and input into the risk management process.
• Management and control of financial change management on the project and assurance of alignment with the business/contractual requirements.
• Provision of internal and external financial performance & cost reports including earned value and variation analysis.
Additional Key Accountabilities:
• Alignment of cost management with schedule and contract.
• Maintain cost elements within ERP
• Key point of contact with the client and the project accountant for a...