Cost Engineers in London

Company Description

Turner & Townsend is a global professional services company with over 22,000 people in more than 60 countries.

Working with our clients across real estate, infrastructure, energy and natural resources, we transform together delivering outcomes that improve people\’s lives. Working in partnership makes it possible to deliver the world\’s most impactful projects and programmes as we turn challenge into opportunity and complexity into success.

Our capabilities include programme, project, cost, asset and commercial management, controls and performance, procurement and supply chain, net zero and digital solutions.

We are majority-owned by CBRE Group, Inc., the world\’s largest commercial real estate services and investment firm, with our partners holding a significant minority interest. Turner & Townsend and CBRE work together to provide clients with the premier programme, project and cost management offering in markets around the world.

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Job Description

As an experienced Cost Engineering professional, you will work on a hospital construction Programme. You will establish the required processes, templates and tools, and agree the baseline for cost and schedule, whilst monitoring performance against it and incorporating the impacts of risk, opportunities and change in a controlled manner. In order to do this, you will: –

• Development of project cost control data structures to accurately track and control actual costs
• Establishing and setting the project control budget aligned with agreed baselines
• The tracking of actual costs both for internal and external expenditure against the cost controls structures
• The tracking and control of project accruals and commitments against set budget constraints
• The build of project forecast to include estimate to complete (ETC) and the development of the estimate at complete (EAC)
• The accurate and timely reporting of all cost related project information
• Working with the planning function to accurately apply Earned Value Management rules.
• The tracking of project contingency and exposure associated with risk events and remaining risks on the project
• The tracking of project change control to ensure alignment with agreed baselines and control data structures
• The tracking of key project trends and actioning as appropriate.

Qualifications

Skills Required

• Proven experience in project controls coordination in all phases of the project lifecycle including program, risk and reporting for major programs such as rail, highways etc.

• Worked across the full project lifecycle including for pre-investment decision, design development, execution, and commissioning phases.

• Has experience in working to cost engineering procedures and processes, and the ability to define project cost procedures and standards to which the project and/or programme will adhere to.

• Highly conversant with cost management systems such as Ecosys, including for the interface with corporate ERP systems such as SAP and Oracle. The cost engineer would have an appreciation of business rules, and how project funding and performance aligns with business financial