Use this sample and step by step explanation for setting meaningful and inspiring employee performance goals for a cost consultant.

A cost consultant has the main role of providing estimates concerning the cost of a construction work as well as helping in controlling costs. He/she performs feasibility studies and helps to determine the requirements of the projects as well as assisting in defining the budget of the project.

Other tasks associated with the role include performing analysis and cost estimates, preparing cost estimates, take part in the preparation of cost monitoring reports and estimates, comparing the designs against the budget, performing value and risk management exercises, benchmarking the requirement of the project against similar projects, preparing cash flow projections and cost plans as wells as evaluating value for money.

Employee Performance Goals Sample

Employee's Name: Title:
Review Period: __/__/__ to __/__/__ Employee SSN:
Work Location: Supervisor's Name:

Instructions

  1. Setting Goals: List specific goals in the space provided below each competency under "Performance Goals". Assign an appropriate timeline for each goal as well as numeric or financial terms to measure the goal.
  2. Employee Comments: The employee must comment next to each goal under "Employee Comments" with "Okay" for goals which he/she feels comfortable working with, and "Needs Clarification" for goals which he/she believes need to be discussed further. An employee who is comfortable with all the goals can sign the goals at this stage.
  3. Summary: Give a summary of the total time estimated for the employee to have achieved the goals. State action plans and specific milestones to track the goals. Any additional comments agreed between the employee and the supervisor should be noted here.
  4. Human Resources Review: Human resources personnel must confirm that the goals are specific, measurable, achievable, relevant, and time-bound. He/she must then sign the goals in the "Human Resource" section provided under "Signatures".
  5. Signatures: When discussion of the goals has been completed and consensus has been reached, sign the goals and let the employee sign too. Send the final copy to the human resources for inclusion in the employee's professional records.

Performance Goals for Next Period

Performance Goals

Employee Comments

CONFLICT MANAGEMENT:

Learn the willingness to listen attentively to what others have to say without interrupting them.

Show great alertness in recognizing triggers to episodes of conflict.

[employee comments goal]
INNOVATION:

To always listen to other people's diverse opinions and contributions.

Exercise great creativity and ingenuity when analyzing problems and coming up with solutions.

[employee comments goal]
COLLABORATING WITH OTHERS:

Identify what every person is good at and pair them with the appropriate roles and tasks in order to help them succeed

Create synergy within the team, departments, and alliances across the company

[employee comments goal]
OFFICE POLITICS:

Be nice to people and cordial in order to get information about what is happening around the office politics

Prepare a go-to escape phrase, like "Sorry, I don't feel very chatty today", when a colleague starts a conversation that isn't productive

[employee comments goal]
SELF AWARENESS:

Carry out tasks that inspire a degree of therapeutical serenity such as working in the garden to help distract oneself after work

Be open to new ideas and curious about new people and what they have to offer

[employee comments goal]
LONG RANGE PLANNING:

Analyze the company's opportunities, strengths, and weaknesses in order to identify the current status of the company and make more informed decisions about how it can grow

Check in regularly with the plan in order to modify it in light of any changes, progress, or setbacks

[employee comments goal]
SALES ABILITY:

Be able to think and adapt quickly to any curve balls from prospective customers

Understand the product or service on is selling in order to be able to explain how it works and its value to the customers

[employee comments goal]
BUSINESS TREND AWARENESS:

Put extra effort in attending conferences and local events that can increase chances of interacting with other professionals

Encourage more colleagues to attend more live events to get the attention of clients and prospects

[employee comments goal]
ENTREPRENEURIAL THINKING:

View failure as part of the game and take failure as a learning experience to realize success

Consistently follow up with existing customers, prospects, and business alliances

[employee comments goal]
PROCESS IMPROVEMENT:

Simulate processes and observe processes in action in order to identify points at which improvements can be made

Constantly use survey results to assess the impact of ongoing process improvement efforts

[employee comments goal]

Summary

Sections 1-2: To be completed by the supervisor

Section 3: To be completed by the employee

1. Goals completed since last performance feedback

2. Goals for next period

3. Employee comments

Signatures

I acknowledge that I discussed this performance feedback with my supervisor. My signature does not mean that I agree or disagree with this appraisal.
Employee: Date:
Supervisor: Date:
Human Resources: Date:

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