NTPC Mining Limited (NML) has announced a vacancy for the position of Associate in Cost Engineering. This NML role is specifically open to retired executives from PSUs or Government Organizations, offering an opportunity to leverage their expertise in developing the cost engineering function within the organization. The recruitment process is aimed at selecting a candidate with significant experience in cost engineering and corporate functions.
NTPC Recruitment 2024
Here’s a Table of Contents with key recruitment details for the Associate Position in Cost Engineering at NTPC Mining Limited (NML):
Key Information | Details |
---|---|
Recruitment Name | NTPC Mining Limited Associate Recruitment 2024 |
Recruitment Department | Cost Engineering, NTPC Mining Limited (NML) |
Post Name | Associate in Cost Engineering |
Advertisement Number | Advt. No. NML/01/2024 |
Number of Vacancies | 1 |
Recruitment Type | Contractual (12 months, extendable by 6 months) |
Salary Slab | Not specified (based on experience and organizational guidelines) |
Age Criteria | Maximum age limit: 62 years |
Application Window | Opens: Ongoing / Closes: 12th October 2024, 11:45 PM |
Selection Stages | Shortlisting, Interview |
Date of Exam | Not applicable |
Official Website | NTPC Career Portal |
The table above outlines the essential details for the Associate position in Cost Engineering at NTPC Mining Limited (NML). This opportunity is open to retired executives from PSUs and government organizations, and the role requires significant expertise in cost engineering and project management. With only one vacancy available, applicants are encouraged to submit their applications before the 12th October 2024 deadline.
The recruitment process involves a shortlisting stage, followed by interviews. Successful candidates will play a crucial role in developing the Cost Engineering section at NML, contributing to tasks such as feasibility reports, cost estimations, and project planning. Applicants can find further details and submit their applications through the official NTPC career portal linked above.
NTPC Recruitment October 2024 – Eligibility Criteria
Candidates must meet specific educational qualifications, experience requirements, and age limits to be eligible for the role. The details are provided below:
Criteria | Details |
---|---|
Education | Graduate degree in engineering |
Experience | – 10+ years in corporate functions – 5+ years in cost engineering in a PSU or government organization |
Performance | At least one Outstanding rating (or equivalent) in the last three years, excluding the year of superannuation |
Retirement Level | The candidate should have retired at a minimum level of E8 (General Manager) or above |
Maximum Age | 62 years as of the application deadline |
Key Responsibilities
The selected Associate will be responsible for establishing and managing the Cost Engineering section under the Engineering Department at NML. The role covers a broad range of activities associated with financial and project planning, cost estimation, and project execution. The main responsibilities are detailed below:
Responsibility | Task Description |
---|---|
Feasibility Reports and Cost Estimates | Preparation of Feasibility Reports and Cost Estimates, securing appropriate approvals |
Detailed Project Reports (DPRs) | Development of DPRs, Revised Cost Estimates, and approval management |
NIT Cost Estimate | Preparation and approval of NIT Cost Estimates |
Bid Price Variance Analysis | Conduct Bid Price Variance Analysis to identify deviations and ensure accuracy |
Cost Engineering Document Management | Control of Cost Engineering-related documents and data |
Post-Award Scope Changes | Management of post-award scope changes |
Miscellaneous Tasks | Handling of other tasks as per organizational needs and department requirements |
These responsibilities emphasize the critical role the associate will play in ensuring that projects adhere to planned budgets and timelines, while also supporting effective financial management within the company.
Period of Engagement
The engagement is initially for 12 months, with the possibility of extension by an additional 6 months, depending on the company’s needs. This fixed-term contract will allow the associate to contribute significantly to the development of the Cost Engineering section during a crucial period for NTPC Mining Limited.
Application Procedure and Deadlines for NTPC Recruitment October 2024
Candidates interested in applying for the position must do so online by 12th October 2024, no later than 11:45 PM. The submission link for the application is available below:
Application Details | Link |
---|---|
Application Submission Link | Apply Here |
Last Date for Submission | 12th October 2024, 11:45 PM |
Incomplete applications or those submitted after the deadline will not be considered.
Age Limit and Retirement Level
A key requirement for this position is that candidates must have retired from service at a level of E8 (General Manager) or higher. Additionally, the upper age limit for applicants is 62 years, ensuring that the selected candidate is still capable of managing the demanding responsibilities of the position.
Performance Requirements
Candidates must have a strong performance record, with at least one Outstanding (OS) rating in the three years prior to their superannuation (excluding the year of superannuation). This performance criterion ensures that only the top-performing professionals, who have demonstrated exceptional skill and leadership in their previous roles, are considered for the position.
NTPC October 2024 Role in Project Management
The Associate will be instrumental in establishing a full-fledged Cost Engineering division at NML. This section will be responsible for developing, analyzing, and managing project costs across various stages. From preparing feasibility reports to conducting post-award scope change management, the associate will ensure that all financial and project planning tasks are handled effectively. The position also involves conducting Bid Price Variance Analyses and managing Cost Engineering-related documents.
In addition to these primary responsibilities, the associate will take on other miscellaneous tasks as assigned by the organization. The associate will need to collaborate with different departments and ensure that cost-related concerns are addressed throughout the project life cycle.
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