1. Cost Planning & Budgeting
Develop project budgets based on BOQ, contract value, and resource planning.
Establish cost baselines and cash flow projections.
Support bid teams with cost inputs during tender stage.
Conduct financial feasibility and variance analysis.
2. Cost Monitoring & Control
Track actual expenditure against approved budgets.
Monitor committed costs, accruals, and forecasted final costs.
Identify cost overruns and recommend corrective measures.
Maintain cost control dashboards and KPIs.
3. Contract & Commercial Management
Review BOQs, variation orders, and claims.
Analyze extra items and rate justifications.
Support contract administration under EPC/PMC frameworks.
Ensure compliance with contract conditions (FIDIC/State PWD norms).
4. Billing & Revenue Assurance
Oversee verification of RA bills and final bills.
Ensure accurate cost-to-complete forecasts.
Reconcile physical progress vs financial progress.
Coordinate with finance for invoicing and payment tracking.
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