Project Coordination - Cost & Contracts
Siddha Group Jaipur
Desired Experience:
Minimum 8 yrs in Real Estate
Key Area Of Work
- Prepare, develop, and maintain comprehensive project cost plans from conceptualization through project completion.
- Monitor and manage project budgets, ensuring accurate tracking of committed costs, actual expenditures, forecasts, and Estimate at Completion (EAC).
- Conduct monthly Earned Value Analysis (EVA) including; Cost Performance Index (CPI); Schedule Performance Index (SPI); To Complete Performance Index (TCPI); Cost and schedule variance reporting
- Independently prepare and present cost reports to senior leadership, including trend analysis, cost performance metrics, and project cash flow forecasting.
- Collaborate closely with project teams to periodically assess and validate cost-to-complete projections.
- Benchmark project costs against industry standards, historical project data, and market trends to drive cost optimization.
- Review variation orders/change orders, identify root causes, and implement preventive measures to minimize recurrence across projects.
- Develop, update, and maintain a centralized rate library and cost database covering all construction disciplines.
- Identify project cost risks and recommend corrective actions to ensure budget adherence.
- Support procurement and commercial teams with cost analysis, vendor benchmarking, and financial evaluations.
- Drive continuous improvement initiatives related to project cost management processes and reporting systems.
- Ensure compliance with organizational financial controls, project governance standards, and reporting requirements.