Development of an integrated business and career model for Cost Engineering which would build an effective Project Management / Cost Engineering relationship based on the High Performance Work Team concept
This unique model encompasses the following elements crucial to the success of the Cost Engineering business:
- It provides the clear strategic vision required to support the overall business;
- It provides the boundaries and ground rules necessary for disciplined work execution and behaviour;
- It is supported and entrenched with a clear set of values;
- The model clearly defines the roles and competencies required of different Cost Engineering team members in a HPWT environment particularly related to the execution of projects;
- It also clearly defines the knowledge, skills, attitudes and leading performance indicators required for career advancement;
- A performance ethos via performance contracting is clearly established to ensure the collective attainment of corporate goals;
- Clearly defined job profiles ensure easy determination of gap analyses to direct competence development; and
- A comprehensive measurement system, utilizing the balanced scorecard philosophy, completes the cycle to determine corrective actions as early as possible.
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