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- Tasks: Join our team as a Cost Engineer, focusing on cost modelling and risk analysis.
- Company: We are a leading consultancy based in Bristol, specialising in project management.
- Benefits: Enjoy competitive pay, professional development opportunities, and potential remote work options.
- Why this job: Be part of impactful projects in the defence sector while developing your analytical skills.
- Qualifications: Degree-qualified in a relevant field with experience in cost engineering or analytical roles.
- Other info: Willingness to travel across the UK is essential for this role.
The predicted salary is between 36000 - 60000 £ per year.
This leading Consultancy are looking for a Cost Engineer to join their team in Bristol.
Essential Experience & Skills:
- Experience in cost engineering or analytical roles within a project, programme, or portfolio management setting (P3M environment).
- Degree-qualified (or equivalent) in a relevant discipline, supported by professional credentials (e.g., CPCostE, CCEA, Chartered Engineer).
- Background in defence, either through previous industry roles or military service.
- Strong grounding in statistics and its application to cost modelling, risk analysis, and parametric forecasting.
- Familiarity with business case development, trade-off analysis, and cost-benefit evaluations for stage gate or approval processes.
- Hands-on experience with various estimation techniques, including bottom-up, analogous, and parametric approaches across complex technical domains.
- Ability to factor in variables such as design, manufacturing, lifecycle support, overheads, historical data, and pricing strategy in estimate development.
- Track record of building cost models that meet rigorous independent scrutiny and validation standards.
- Competence in uncertainty modelling and cost/schedule risk assessment methodologies.
- Involvement in competitive bidding activities (e.g., PQQs, ITTs, ITNs).
- Willingness to travel to various client locations throughout the UK.
Cost Engineer employer: Oho Group Ltd
Contact Detail:
Oho Group Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Cost Engineer
✨Tip Number 1
Network with professionals in the cost engineering field, especially those who have experience in defence. Attend industry events or join relevant online forums to connect with potential colleagues and learn about job openings.
✨Tip Number 2
Familiarise yourself with the specific estimation techniques mentioned in the job description. Consider taking short courses or workshops that focus on bottom-up, analogous, and parametric approaches to enhance your practical knowledge.
✨Tip Number 3
Prepare to discuss your experience with cost modelling and risk analysis in detail during interviews. Be ready to provide examples of how you've applied statistical methods in previous roles to demonstrate your analytical skills.
✨Tip Number 4
Research the company’s recent projects and their approach to cost engineering. This will not only help you tailor your conversation but also show your genuine interest in their work and how you can contribute to their success.
We think you need these skills to ace Cost Engineer
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in cost engineering and analytical roles. Emphasise any relevant qualifications, such as your degree and professional credentials like CPCostE or CCEA.
Craft a Strong Cover Letter: In your cover letter, explain why you are a great fit for the Cost Engineer position. Mention your background in defence and how your skills in statistics and cost modelling align with the job requirements.
Showcase Relevant Experience: When detailing your work history, focus on specific projects where you applied estimation techniques and developed cost models. Highlight your involvement in competitive bidding activities and any successful outcomes.
Proofread Your Application: Before submitting, carefully proofread your application to ensure there are no errors. A well-presented application reflects your attention to detail, which is crucial for a Cost Engineer role.
How to prepare for a job interview at Oho Group Ltd
✨Showcase Your Analytical Skills
As a Cost Engineer, your analytical abilities are crucial. Be prepared to discuss specific examples of how you've applied statistical methods in cost modelling or risk analysis. Highlight any relevant projects where your analytical skills made a significant impact.
✨Demonstrate Industry Knowledge
Familiarity with the defence sector is essential for this role. Research recent developments in the industry and be ready to discuss how they might affect cost engineering practices. This shows your genuine interest and understanding of the field.
✨Prepare for Technical Questions
Expect questions about various estimation techniques and methodologies. Brush up on bottom-up, analogous, and parametric approaches, and be ready to explain how you've used them in past roles. Providing concrete examples will strengthen your responses.
✨Discuss Your Professional Credentials
If you hold any professional credentials like CPCostE or CCEA, make sure to mention them during the interview. Discuss how these qualifications have equipped you with the necessary skills and knowledge to excel in a Cost Engineer role.
