Accurate cost estimation and tight budget control are fundamental to delivering a project on time and within scope. I take responsibility for forecasting, tracking, and optimizing financial resources throughout the project lifecycle.
• Preparing and Monitoring Project Budgets
Once the project is underway, I contribute to:
Developing detailed cost breakdowns (labour, materials, overheads)
Setting up project budget structures for tracking
Allocating costs to WBS items and controlling budget utilization
Forecasting cash flows and aligning them with the construction schedule
• Assisting in Early-Stage Cost Estimation
During the initiation and pre-construction phases, I collaborate with quantity surveyors and commercial teams to:
Review drawings and specifications
Conduct quantity take-offs from architectural and structural documents
Estimate costs of materials, labor, and subcontractor services
Build preliminary budgets for client approval or tender submission
• Supporting Financial Reporting and Claims
I assist in preparing:
Monthly financial reports for clients and management
Budget variance analysis
Cost-related documentation required for progress claims and client invoicing
Recommendations for value engineering where applicable
• Managing Cost Control on Site
Throughout the execution phase, I monitor:
Material and subcontractor invoices
Progress payments vs actual work done
Change orders and variations
Cost-impact analysis of design or schedule changes
This ensures real-time visibility into cost performance and helps identify overruns before they escalate.
🛠️ Tools and Skills Applied:
Tool/Skill | Purpose |
Microsoft Excel / Cost Control Sheets | Budget tracking and variance analysis |
BOQ / Take-off Tools | Quantity estimation and cost baselining |
Construction Contracts | Interpretation of cost clauses and variations |
Progress Claim Templates | Supporting payments and approvals workflow |
🌟 Value Delivered
My financial oversight contributes to:
Cost-efficient decision-making
Transparent reporting to stakeholders
Minimal surprises during construction
A predictable, well-managed financial outcome
🏗️ Real Projects
In the Niayesh Mall Complex, I worked closely with the finance team to manage multi-phase procurement across 75 commercial units, tracking expenditure against forecasts and aligning them with the construction phases.
In the Qom Residential Project, I ensured accurate cost monitoring for steel procurement and site logistics, preventing overspend during key milestones.