Project Controls Engineer

Responsibilities

• Project Budget Management: Develop and maintain project budgets, baselines, short- and long-term forecasts, and expenditure plans for assigned major and/or multi-year projects and programs.
• Aggregate, reconcile, and update budgets, forecasts, and spending plans according to jurisdiction splits, asset types, cost drivers, and funding sources.
• Cost Reporting And Analysis: Prepare routine and complex reports to assist Project Managers and OU partners in monitoring, managing, and forecasting costs (e.g., budget, actual, commitment, contingency, earned value, cost per unit, cost impact analysis).
• Respond to internal or external data requests for assigned major and/or multi-year projects and/or programs.
• Risk Management: Create and maintain a risk register.
• Evaluate the level of contingency needed using appropriate methods, such as Monte Carlo analysis.
• Research And Data Analysis: Perform complex and detailed research, updates, and data gathering/analysis in areas of cost controls (e.g., budget, actual, commitment, contingency, earned value, cost per unit, cost impact analysis).
• Prepare and present results, alternatives, and recommendations to support business decisions and mitigate potential risks.
• Change Control And Contract Management: Support change control and contract negotiation/claim management processes.
• Assist in the implementation, analysis, and reporting of performance using industry metrics (e.g., earned value management).
• Collaboration And Communication: Collaborate with stakeholders and utilize applicable estimating, cost management, and scheduling knowledge, techniques, and tools to determine and communicate results (e.g., trend, variance, and cost impact).
• Project Controls Data Management: Prepare project controls data request responses and work papers to support corporate/OU governance, internal/external audits