Depending on the development phase of the projects, accountabilities can be summarized as delivery and support of the following activities:
- Assist in the project set-up tasks, and set up project budget with agreed cost break-down structure (CBS) and control accounts in the cost management system
- Establish project cost baseline in consultation with project manager
- Compile and provide consolidated monthly accruals, cost status reports, cash flow, project dashboard, KPIs and produce agreed upon reports for the project stakeholders
- Coordinate and obtain information for the weekly status and monthly accruals and produce the project reports
- Discuss relevant assumptions and basis of cost management and controls with project manager
- Document and manage cost backup information pertaining to monthly accruals, project reports and other deliverables in an appropriate folder
- Communicate all the information on a weekly basis to client PCOs
- Work with other internal groups (client PCOs) and peer groups such as scheduling, cost estimation, risk management etc. on regular basis
- Review and analyze cost reports, cash flow, accruals, project change log, risk register, progress reports and other deliverables provided by EPC contractors and other stakeholders
- Update and maintain budgets, changes, commitments, incurred cost, earned value, forecasts and other information in appropriate systems in timely manner
- Provide specific analysis and / or reports as desired by project manager