Which position is usually tasked with forecasting the cost at completion for field activities?

The role of the Cost Engineer is vital in construction project management, particularly when it comes to forecasting the cost at completion for field activities. A Cost Engineer typically has specialized training and experience in managing and analyzing costs throughout the project lifecycle. Their duties often include preparing detailed cost estimates, monitoring expenditures, and developing cost control processes. By effectively forecasting costs, the Cost Engineer can help project managers identify potential budget overruns and make informed decisions regarding resource allocation, contractor payments, and project timelines.

Among the other roles listed, while the Field Engineer, Project Engineer, and Site Supervisor may have responsibilities that touch on cost management, they generally do not focus primarily on the financial aspects of projects in the same way. The Field Engineer often addresses on-site technical challenges, while the Project Engineer manages the overall engineering aspects of the project. The Site Supervisor oversees daily work and ensures project tasks are on schedule but may not have the specialized focus or analytical tools needed for forecasting costs as extensively as a Cost Engineer. Hence, the Cost Engineer is typically the go-to position for accurate cost forecasting in field activities.