Recruitment for Retired Executives in Cost Engineering: Associate Position at NTPC Mining Limited (NML)

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

Hereโ€™s a Table of Contents with key recruitment details for the Associate Position in Cost Engineering at NTPC Mining Limited (NML):

Key InformationDetails
Recruitment NameNTPC Mining Limited Associate Recruitment 2024
Recruitment DepartmentCost Engineering, NTPC Mining Limited (NML)
Post NameAssociate in Cost Engineering
Advertisement NumberAdvt. No. NML/01/2024
Number of Vacancies1
Recruitment TypeContractual (12 months, extendable by 6 months)
Salary SlabNot specified (based on experience and organizational guidelines)
Age CriteriaMaximum age limit: 62 years
Application WindowOpens: Ongoing / Closes: 12th October 2024, 11:45 PM
Selection StagesShortlisting, Interview
Date of ExamNot applicable
Official WebsiteNTPC 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 2024

NTPC Recruitment Octoberย 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:

CriteriaDetails
EducationGraduate degree in engineering
Experience– 10+ years in corporate functions
– 5+ years in cost engineering in a PSU or government organization
PerformanceAt least one Outstanding rating (or equivalent) in the last three years, excluding the year of superannuation
Retirement LevelThe candidate should have retired at a minimum level of E8 (General Manager) or above
Maximum Age62 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:

ResponsibilityTask Description
Feasibility Reports and Cost EstimatesPreparation of Feasibility Reports and Cost Estimates, securing appropriate approvals
Detailed Project Reports (DPRs)Development of DPRs, Revised Cost Estimates, and approval management
NIT Cost EstimatePreparation and approval of NIT Cost Estimates
Bid Price Variance AnalysisConduct Bid Price Variance Analysis to identify deviations and ensure accuracy
Cost Engineering Document ManagementControl of Cost Engineering-related documents and data
Post-Award Scope ChangesManagement of post-award scope changes
Miscellaneous TasksHandling 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 companyโ€™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 Octoberย 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 DetailsLink
Application Submission LinkApply Here
Last Date for Submission12th 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 Octoberย 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.

More Article
Central Bank of India Recruitment 2024
Canara Bank Recruitment 2024
HCL Madurai Recruitment 2024
UP Anganwadi Bharti 2024
WhatsApp Group Join Now

Telegram Group Join Now

Leave a Comment