Thirumalai Duraisamy

Cost Manager @Wt India

Bengaluru, IN

Monitoring changes by regular site visits to observe progress and identify any changes or deviations from the original plan.Investigating the causes of changes, such as design modifications, material shortages, or unforeseen site conditions.Documentation of site measurements, changes in work by maintaining detailed records of measurements, including quantities of materials used and work completed.Documenting any changes in the scope of work, including variations or modifications, with clear descriptions and supporting evidence.Monitoring deviations and Non-Tender Items by Tracking any deviations from the planned schedule or budget.Managing Non-Tender Items (NTIs) efficiently, ensuring proper documentation and cost control.Negotiating rates with subcontractors, suppliers, and other stakeholders to ensure cost-effectiveness and adherence to budget constraints.Preparing payment certificates based on the work completed at the site, following the agreed-upon payment terms outlined in the contract.Ensuring accuracy and transparency in billing to facilitate smooth payment processes.Compiling reconciliation statements to compare planned costs against actual expenditures and identifying any discrepancies.Managing variation orders by documenting changes to the scope of work, cost implications, and obtaining necessary approvals.Providing detailed cost reports to the client, highlighting project expenditures, variations, and any cost impacts.Conducting accurate quantity takeoffs based on the Bill of Quantities (BOQ) and relevant standards, ensuring consistency and precision in measurements.Verifying that materials and specifications listed in the BOQ align with the actual materials used on-site, updating as necessary.Proactively communicating with the client regarding any changes in costs due to site conditions, scope adjustments, or other factors.Providing recommendations for managing cost impacts effectively and minimizing disruptions to the project.

P.S.V.College of Engineering and Technology

Bachelor's degree, Civil Engineering