Participate in developing / modification of capital planning procedures & guidelinesfor preparing 1-year and 5-year capital budget.
Participate in the cost engineering of capital projectsincluded in the1 year and 5 year Capital budget of the assigneddepartment / sector / Business Unit / Functional Unit.
Participate in reviewing completeness of the requirementsfor budget development (cost engineering part) in compliance withthe preparation guidelines.
Participate in allthe stages of the detailed capital budget preparation coveringcost-engineering activities of the assigned Department / Sector / Business Unit / Functional Unit.
Assist inreviewing eligibility and prioritization of capital projectsproposed for inclusion in annual capital budget.
Participate to develop required forecasts for Costestimation using various forecasting techniques models and softwareprograms used in the company.
Maintain andupdate data for the forecasting models used.
Participate in the preparation of commitment andexpenditure cash flow forecast and variance analysis
Develop and design Unit Rate Models and cost assembliesto be used for prompt and accurate cost estimation of capitalprojects
Participate, perform cost estimationfor different category and nature of capital projects, and maintaincost estimation data.