The Cost Analyst is responsible for cost and
budget management on a portfolio of projects within a Jurisdiction, Region or
sub-program of works to ensure that Complex Capital Delivery (and National
Grid) delivers its Cape targets. Where mitigating actions are required this
role will facilitate management decision making at the project level.
Undertake monthly analysis of projects in terms of cost variance and
trending to pin point those projects which need further management intervention
Work with all project stakeholders to ensure cost forecasting is
checked and applied consistently
Attend monthly project meetings with project teams to challenge and
review project status and performance to date
Provide Earned Value analysis on projects
Assist the Project Manager with the preparation of changes including
the financial section and submit into the change control process.
Co-ordinate the implementation of approved changes into core systems
Review contingency and monitor contingency draw downs on projects.
Technical Capabilities (Knowledge, Skill, Experience):
7+ years’ experience in project management, construction or schedule
management or equivalent relevant experience.
A Bachelor’s degree or significant relevant project management, engineering
and construction experience.
Proficient knowledge of scheduling tools (preferably Primavera, but not
Proficient knowledge of earned value management principles, and
Proficient in the principles of forecasting cost & schedule and
Understanding of project management and scheduling principles
Proficient in working to tight deadlines
Proficient in communication skills – comfortable challenging when
working with others
Proficient in influencing, persuading and negotiation skills
Knowledge of the major regulatory outputs & internal outperformance