Occupation

223932 Cost Controller

Latest release
OSCA - Occupation Standard Classification for Australia
Cite
Reference period
2024, Version 1.0

223932 Cost Controller

Measures, analyses and monitors the cost of projects throughout their lifecycle to ensure completion within allocated budgets, and recommends changes to reduce expenses.

Alternative title

  • Project Cost Controller

Skill level: 1

Main tasks

  • Analyses production and cost data to determine if projects will be completed within the allocated budget, and to forecast expenses and potential cost savings
  • Analyses and maintains records of the variance between allocated budgets and actual project costs using cost control tools
  • Oversees the distribution of budgeted funds throughout the lifecycle of projects to identify variances and provide recommendations to minimise cost overruns
  • Develops and analyses cost reports, and communicates the results to the project team and Managers