What are the responsibilities and job description for the Cost Trend Manager position at SOBEN?
Cost Trend Manager
Department : North America Consultancy
Employment Type : Full Time
Location : Conover, NC
Compensation : $120,000 - $150,000 / year
Description
We're an award-winning construction consultancy with huge ambitions to put ourselves firmly on the map. We've come a long way since operations commenced in 2011 but now is the time to step on the gas and realize our true potential. It is a hugely exciting time to join our business and we have some amazing times ahead of us. We're targeting to have 1000 people globally by 2030 to support our expansion plans in current locations as well as additional territories. If you want to play an integral part in achieving our ambitious plans for growth and delivering an exceptional consultancy service for our clients in the LATAM & NA region, whilst progressing your career in a supportive and dynamic environment, we want to hear from you!
Key Responsibilities
- Provide on-the-ground commercial management support to all projects to ensure that it is financially and contractually protected.
- Management of commercial issues on all projects and reporting of these issues through the Project Controls & EPC head office on a regular basis.
- Lead the Cost Trend Management (CTM) process for all projects in the metro by identifying, collating into the CTM log and accurately reporting any business driven scope changes, changes in market pricing and risk items that would result in a change to the project budgets.
- Ensure the EPC project team is aware of the estimate baseline in terms of scope, cost and execution assumptions.
- Ensure the cost reporting of new projects is correctly set-up for design kick-off - full build budget & CBS code breakdown are correct, and project and budget data is showing in CTM input tool and reporting.
- Chair bi-weekly CTM meetings with relevant stakeholders as applicable. Identify actions and issue meeting minutes.
- Update the CTM log for change reason, change description, root cause and cost driver, $ impact and reason codes following bi-weekly CTM meetings. Move items in the CTM log through various stages of review to ensure project reporting accurately reflects the changes identified and acknowledged by the relevant stakeholders.
- Attend design kick-off and design progression reviews. Along with the project cost team, identify the cost deltas from concept through Schematic and 100% design.
- Collate any client driven changes to the project charter from baseline estimates for input, review and sign-off in the Cost Trend Management log.
- Support the project Cost Team in estimating cost deltas and benchmarking to other projects with the support of the Preconstruction Cost Manager.
- QA the Cost Trend Reports to ensure they align with the Cost Trend Logs. Schedule a bi-weekly review to present to relevant stakeholders for review and sign-off, allowing for reporting updates to go live in dashboards.
- Provide quarterly feedback on Cost Tend Management process, tools and reason codes for continuous improvement.
Skills, Knowledge and Expertise
Salary : $120,000 - $150,000
