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223932 · OSCA 2024

Cost Controller

Classification
Occupation
Skill level
1
Major group
Professionals

Classification

Major group
2Professionals

Description

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

Alternative titles

  • Project Cost Controller

Unit group

2239 · Other Information and Organisation Professionals

Description

This unit group covers Information and Organisation Professionals not elsewhere classified. It includes Company Secretaries, Cost Controllers, Health Information Managers, Patents Examiners and Records and Information Managers.

Skill level

Australia

1

Occupation skill level 1

Tasks

Tasks include

  • 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

Occupations in this unit group

Sources