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Bechtel is appointed as the Delivery Partner, supporting our customer Metrolinx as part of an integrated team, to help deliver the signature Ontario Line Subway Project, a transformational transit project for the Greater Toronto Area. The multi-billion-dollar project scope includes the design, build, operations and maintenance of all infrastructure and rail systems associated with 15 stations and over 15km of new alignment, being performed by two Public/Private Partnership (P3) Contractors, two Progressive Design Build Contractors and multiple advanced/early works contractors.
Job Summary:The Cost Lead is responsible for directing the cost analysis/control activities for the Project. Will identify, analyze, and provide innovative solutions to cost problems, including detailed trend analysis for the project and lead the cost control within the work packages. Supports and promotes improvement measures and implementation of recommendations. Supports organizational and administrative activities related to the Project costs and performance metrics.
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- Provide guidance, training and coaching to junior and mid-grade cost and project controls analyst with multiple backgrounds and experience.
Conducts personnel performance reviews and career counseling. Interviews candidates for employment and makes recommendations for employment decisions. - Interfaces with designated Delivery Partner and Metrolinx management for specific cost presentations.
Summarize and present cost engineering principles that reach appropriate conclusions and implement cost containment plans. - Organize, reconcile and participate in the recommendation of team actions for closeout of large to mid-size subcontracts, interfacing with Accounting/Finance, Subcontracts and Cost/Project Controls data.
- Reviews project work activities to ensure support of project milestones. Coordinates and establishes scoping requirements for the overall cost estimate by discipline or other specialty, and coordinates the timely, systematic, and complete acquisition of scope definition and related data.
- Coordinates pricing structure or criteria to be used by each discipline or specialty to meet the objectives of the cost estimate. Establishes format and content of summaries and reconciliations, including segregation of cost according to the level of confidence and identification of areas of risk.
- Interprets and executes policy, objectives, and standards applicable to cost control and cost analysis activities.
- Directs cost analysis and problem-solving activities and develops and executes policy objectives and standards applicable to cost analysis activities.
- Maintains and drives the implementation of the Ontario Line Trend Program with a standardized approach across the project.
- Develops and updates the OL integrated project staffing plan.
- Creates and implements measurement systems for given processes, analyzes performance metric results, and identifies improvements. Ability to use statistical tools to analyze metrics (e.g., regression, analysis of variance, correlation), and ability to analyze measurement systems to identify bias, repeatability, and stability issues.
- Requires bachelor's degree degree in Engineering, Construction Management or related field required (or international…
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