Job Description To lead with Project Management Commissions and end to end service delivery. Integrating data from the scope, estimating, planning and risk disciplines, the Control & Service lead will establish a baseline cost profile at Control Account level which will then be summariesed and assessed at project and programme level. Once the cost baseline is established, the Cost Control lead will conduct a periodic assessment of Value Work Done (VOWD), in conjunction with project managers. This assessment is based upon a combination of agreed contractor payment applications, accrued cost and the review and integration of forecasts provided by Tier 1 Contractors and suppliers. Ensure that commitments & actual costs are captured in an accurate &consistent manner from financial & procurement systems. Responsible for providing a fully time phased Estimate to Complete (ETC), integrating data received from project managers and in accordance with the trends, change status and together with the (VOWD) and the (ETC) provide the Estimate At Completion (EAC) – the most likely total outturn cost of delivering the Project. As part of the periodic process, analysis will be conducted to understand variances between baseline, actual, earned and forecast costs. Produce executive monthly cost reports in the agreed format and templates and facilitate monthly cost control review meetings Point of escalation and regular liaison, meeting regularly with you regarding performance of the Project Controls & Cost Management team
