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- Tasks: Lead cost engineering activities and provide project control solutions for diverse contracts.
- Company: Join Costain, a leader in smart infrastructure solutions across the UK's energy, water, and transportation sectors.
- Benefits: Enjoy a hybrid work model with remote options and monthly site visits to Plymouth.
- Why this job: Be part of a growing consultancy team, enhancing processes while making a real impact on projects.
- Qualifications: Degree or suitable experience required; proficiency in MS Office and understanding of project lifecycle essential.
- Other info: Eligibility for Security Clearance and a UK Driving Licence are highly beneficial.
The predicted salary is between 43200 - 72000 £ per year.
Senior Cost Engineer – Job Description
We offer our clients leading edge solutions that are digitally optimised through the following five services which cover the whole lifecycle of their assets: We are looking to add a Senior Cost Engineer to our PMO & Project Controls Consultancy team to act as the first point of contact for all Cost Engineering activities. Utilising your knowledge and expertise in the Cost Engineering discipline you will be responsible for providing Project Control solutions and services to our clients. You will also be a key contributor to improving processes, procedures and tools utilised by the function.
As a Senior Cost Engineer, you are required to be commercially focused, confident in running your own project as well as working effectively within a team. You will be joining a growing consultancy team working on a variety of contracts within multiple sectors. You will be required to undertake short-term or long-term commissions to address a variety of customer needs. Candidates with a track record of cost management at pre and post contract; working on contracts through the development cycle to the delivery through the construction phase would be preferred.
This position will be a home based , hybrid role and will require site attendance once a month to Plymouth which would be travelling on the Monday, then on site for Tuesday and Wednesday and then travelling home on Thursday. Eligibility for Security Clearance is essential ( UK National or a UK resident for 5+ years ), and a UK Driving Licence will be highly beneficial as some projects are in remote locations.
- #LI-MR1
Responsibilities
- Control, monitor, analyse and report cost related aspects for designated projects within a Portfolio.
- Ensure all cost and contract transactions on a project are understood and managed in an appropriate way.
- Continually monitor Project Risk and Change status to maintain current forecast.
- Liaise with Project team members and contractors with regards to progress and cost forecasting.
- Monitor, control and analyse the project cost information, identify variances, and bring these to the attention of the Project Manager with possible alternatives. Prepare specific reports to facilitate challenge and analysis to meet the project\’s specific needs.
- Challenge cost variances against the baseline plan with individual task leaders/contractors and/or outside stakeholder management as necessary to enable mitigation.
Qualifications
Essential
- Understand the inter-relationship between time cost and commercial aspects of the project life cycle.
- Breadth of experience across whole project and programme lifecycle. (e.g., Engineering, Procurement, Construction, Installation/Commissioning processes).
- Proficient in the interpretation of Earned Value Analysis.
- Excellent MS Office skills and well versed in the preparation of reports and information using packages such as Word, Excel, and PowerPoint.
- Breadth of experience across whole project and programme lifecycle. (e.g., Engineering, Procurement, Construction, Installation/Commissioning processes).
Desirable
- Working knowledge of Primavera
- Experienced in the use of Finance and Project software.
Working knowledge of relevant Health and Safety legislation.
Essential
- Degree / Suitable Experience
About Us
Costain helps to improve people\’s lives with integrated, leading edge, smart infrastructure solutions across the UK\’s energy, water, transportation and defence markets. We help our clients improve their business performance by increasing capacity, improving customer service, safeguarding security, enhancing resilience, decarbonising and delivering increased efficiency. Our vision is to be the UK\’s leading smart infrastructure solutions company. We will achieve this by focusing on blue chip clients whose major spending plans are underpinned by strategic national needs, regulatory commitments, legislation or essential performance requirements. We offer our clients leading edge solutions that are digitally optimised through the following five services which cover the whole lifecycle of their assets: future-shaping strategic consultancy; consultancy and advisory; digital technology solutions; asset optimisation and complex programme delivery. Our culture and values underpin everything we do.
Senior Cost Engineer - employer: Costain
Contact Detail:
Costain Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Cost Engineer -
✨Tip Number 1
Make sure to highlight your experience in cost management throughout the project lifecycle. Be prepared to discuss specific projects where you successfully controlled costs and managed variances.
✨Tip Number 2
Familiarize yourself with Earned Value Analysis and be ready to explain how you've applied it in past roles. This will demonstrate your proficiency in monitoring project performance.
✨Tip Number 3
Since this role requires site attendance, emphasize your flexibility and willingness to travel. Mention any previous experiences that involved site visits and how you managed those effectively.
✨Tip Number 4
Showcase your teamwork skills by providing examples of how you've collaborated with project teams and contractors. Highlight your ability to communicate effectively about cost forecasting and project risks.
We think you need these skills to ace Senior Cost Engineer -
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in cost management, project controls, and any relevant software skills. Emphasize your ability to manage costs throughout the project lifecycle, as this is crucial for the role.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the Senior Cost Engineer position. Discuss specific projects where you successfully managed costs and how your skills align with the company's needs.
Highlight Relevant Experience: When detailing your work history, focus on roles that involved cost engineering, project management, or financial analysis. Use metrics to demonstrate your impact, such as cost savings achieved or efficiency improvements.
Showcase Your Technical Skills: Mention your proficiency in MS Office and any experience with project management software like Primavera. Highlight your understanding of Earned Value Analysis and how you've applied it in past projects.
How to prepare for a job interview at Costain
✨Showcase Your Cost Engineering Expertise
Be prepared to discuss your previous experience in cost management, particularly in pre and post contract phases. Highlight specific projects where you successfully controlled costs and managed variances.
✨Demonstrate Team Collaboration Skills
Since the role requires working effectively within a team, share examples of how you've collaborated with project teams and contractors. Emphasize your ability to communicate clearly and manage relationships.
✨Understand Project Lifecycle Dynamics
Familiarize yourself with the entire project lifecycle, from engineering to construction. Be ready to explain how you have navigated these stages in past roles and how you can apply that knowledge to future projects.
✨Prepare for Technical Questions
Expect questions related to Earned Value Analysis and your proficiency with MS Office tools. Brush up on these topics and be ready to provide examples of how you've used them in your work.
