Key Tasks and Responsibilities:
– Assist in the development and implementation of the project controls execution plan
– Assist in project controls system setup and project initiation requirements
– Participate in the implementation of the project OBS, WBS, and CBS in required financial and progress systems
– Understand and follow McDermott’s Cost and Progress procedures
– Demonstrate understanding of Earned Value Management principles
– Basic knowledge of EPC contracting types (LS, Cost Plus, Reimbursable, Unit Rate, etc.)
– Awareness of contract and construction terminology
– Assist in Estimate Conforming
– Understand the project chart of accounts and its relationship to the estimate and contract scope
– Assist in the development and preparation of the forecast system and cost reports
– Assist with invoicing and support project accounting with cost to billings reconciliations as required
– Understand project trends and their relationship to the forecast (ie PFs, trends, commitments, labor mix, etc.)
– Assist change management efforts, including building of cost estimates in support of change verification
– Assist in the setup and maintenance of the progress measurement system
– Quantity surveying personnel will be required to assist in the effort to audit Issued For Construction (IFC) quantity take-offs and reported installed quantities Any discrepancy in the reported quantities would need to be resolved
– Ensure IFC quantity take-offs are tied to turnover systems
– Assist with the implementation of the global rules of credit and maintenance of the progress measurement system on the project
– Ability to generate spreadsheet analysis tools for management review of progress
– Reporting – Provide Timely and accurate Cost and Progress Measurement Data
– Basic understanding of Scheduling Software and processes and their relationship to cost and progress
– Participate in Closeout Report data collection
– Support the professional development and growth of junior project controls personnel
