Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Manage cost frameworks and provide effective cost control for major projects.
- Company: Join a dynamic team focused on delivering impactful projects.
- Benefits: Enjoy opportunities for mentorship and professional growth.
- Why this job: Be part of a collaborative environment that values continuous improvement and innovation.
- Qualifications: Looking for detail-oriented individuals with a passion for project management and cost engineering.
- Other info: Opportunity to mentor and support junior engineers in their career development.
The predicted salary is between 42000 - 84000 £ per year.
Social network you want to login/join with:
To provide and maintain a comprehensive Cost Engineering framework and service for the Major Project.
Responsibilities:
- Provide and manage the cost framework, systems and resources to deliver an effective cost control and reporting service to Project Managers and Sponsors.
- Prepare, monitor and forecast baselines during all project phases.
- Prepare, monitor and forecast expenditure profiles and provide accruals where needed.
- Prepare cost reports, including earned value analysis, identifying critical areas and trends and recommend recovery options.
- Maintain the cost control database and validate data across systems.
- Ensure all commitments are recorded and maintain forecasts within approved financial limits.
- Maintain an estimate of the outturn value of the project and prepare the EAC for review and approval.
- Provide the required information to support the risk process.
- Provide project outturns against baseline for LFE and Knowledge Management.
- Mentor and support Assistant Cost Engineers in their development.
Accountabilities:
- Ensure the accuracy of data communicated and reported to all stakeholders.
- The highlighting of any current and potential issues to the Senior Cost Engineer, Lead Cost Engineer, PCM and Project Manager.
- Maintain compliance with approved processes, procedures and Project Execution Plans.
- The active contribution to continuous improvement of the functional quality and performance of Project Controls.
- To work in compliance with the Collaborative Management Plan and all appropriate SLMS documents and protocols.
#J-18808-Ljbffr
Cost Engineer employer: TN United Kingdom
Contact Detail:
TN United Kingdom Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Cost Engineer
✨Tip Number 1
Familiarize yourself with cost engineering frameworks and methodologies. Understanding the specific tools and systems used in cost control will give you an edge during interviews.
✨Tip Number 2
Network with professionals in the field of cost engineering. Attend industry events or join online forums to connect with others who can provide insights or even referrals for positions at StudySmarter.
✨Tip Number 3
Stay updated on the latest trends in project management and cost control. Being knowledgeable about current best practices will demonstrate your commitment to continuous improvement, which is highly valued in this role.
✨Tip Number 4
Prepare to discuss your experience with forecasting and reporting in detail. Be ready to share specific examples of how you've managed budgets and addressed issues in past projects, as this will showcase your expertise.
We think you need these skills to ace Cost Engineer
Some tips for your application 🫡
Understand the Role: Make sure you fully understand the responsibilities and accountabilities of a Cost Engineer as outlined in the job description. Tailor your application to highlight relevant experiences and skills that align with these requirements.
Highlight Relevant Experience: In your CV and cover letter, emphasize your experience with cost control, reporting services, and project management. Use specific examples to demonstrate your ability to prepare, monitor, and forecast baselines and expenditure profiles.
Showcase Analytical Skills: Since the role involves preparing cost reports and conducting earned value analysis, make sure to showcase your analytical skills. Mention any tools or software you are proficient in that relate to cost engineering and data validation.
Tailor Your Cover Letter: Craft a personalized cover letter that addresses the key points from the job description. Discuss how you can contribute to continuous improvement and support the development of Assistant Cost Engineers, as well as your commitment to compliance with processes and procedures.
How to prepare for a job interview at TN United Kingdom
✨Understand the Cost Engineering Framework
Make sure you have a solid grasp of cost engineering principles and frameworks. Be prepared to discuss how you would implement and maintain these systems effectively in your role.
✨Showcase Your Analytical Skills
Highlight your ability to prepare, monitor, and forecast baselines and expenditure profiles. Bring examples of past projects where you successfully managed cost control and reporting.
✨Discuss Your Mentoring Experience
Since mentoring Assistant Cost Engineers is part of the role, be ready to share your experiences in guiding and developing junior team members. This shows your leadership potential.
✨Emphasize Compliance and Continuous Improvement
Talk about your understanding of compliance with processes and procedures. Share any experiences where you contributed to improving project controls or quality performance.
