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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 project management.
- 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.
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. Being able to discuss your hands-on experience with bottom-up, analogous, and parametric approaches during an interview will set you apart from other candidates.
✨Tip Number 3
Prepare to demonstrate your understanding of cost modelling and risk analysis. Consider bringing examples of past projects where you successfully applied these skills, as this will showcase your practical knowledge and problem-solving abilities.
✨Tip Number 4
Research the company’s recent projects and their approach to cost engineering. This will not only help you tailor your conversation during interviews but also show your genuine interest in the role and the organisation.
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, to align with the job requirements.
Craft a Strong Cover Letter: In your cover letter, address your background in defence and how it relates to the role. Discuss your familiarity with cost modelling, risk analysis, and estimation techniques, showcasing specific examples from your past experiences.
Highlight Relevant Skills: Clearly outline your skills in business case development, trade-off analysis, and cost-benefit evaluations. Mention your hands-on experience with various estimation techniques and your ability to build cost models that withstand scrutiny.
Show Willingness to Travel: Since the role requires travel to client locations throughout the UK, make sure to express your willingness to travel in your application. This shows your commitment and flexibility for the position.
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 where you've applied statistical methods in cost modelling or risk analysis. Highlight any relevant projects that demonstrate your expertise in these areas.
✨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 impact 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 projects. 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 skills necessary for the role and how they relate to the job requirements.
