Cost Manager (NRM1) in London

Cost Manager (NRM1) in London

London Full-Time 50000 - 65000 £ / year (est.) No working from home possible
TURNER & TOWNSEND

At a Glance

  • Tasks: Manage costs for major healthcare projects, ensuring accurate estimates and effective stakeholder collaboration.
  • Company: Join Turner & Townsend, a global leader in project management and consultancy.
  • Benefits: Competitive salary, professional development, and opportunities to work on impactful projects.
  • Other info: Dynamic team environment with opportunities for mentorship and career growth.
  • Why this job: Make a real difference in healthcare by managing costs for vital hospital projects.
  • Qualifications: Experience with NRM1/2 and strong stakeholder management skills required.

The predicted salary is between 50000 - 65000 £ per year.

At Turner & Townsend we’re passionate about making the difference. That means delivering better outcomes for our clients, helping our people to realise their potential, and doing our part to create a prosperous society. Every day we help our major global clients deliver ambitious and highly technical projects, in over 110 offices worldwide.

Turner and Townsend have recently been appointed as the Programme Delivery Partner for a leading health programme across the UK. The programme aims to build and refurbish hospitals across the UK, improving access to modern healthcare. Following a strategic review in September 2024, the government has rebalanced hospital schemes with secured funding in five-year waves.

As the programme delivery partner, we are mobilising a team with a range of professional and technical capabilities across project, cost, programme and other specialist roles. We've got multiple roles within our Cost function that we're looking to fill, one of them being a Cost Manager with NRM1/2 knowledge and experience.

Core Personal Attributes
  • Actively fosters “One Business” culture, encouraging programme wide collaboration and inclusive ways of working.
  • Works proactively across all areas of the programme delivering excellence across all cost management & estimating functions.
  • NRM1 used to prepare consistent and accurate cost estimates and elemental cost plans for capital building projects, providing a structured methodology for cost management.
  • Experience of working within programmes of transformation and/or major projects with significant scale and complexity.
  • Able to build trust across all internal and external stakeholders.
  • Active supporter of continuous improvement and active learning across complex stakeholder environments.
  • Experience in dealing with complex and challenging situations.
  • Acts calmly to resolve issues and conflicts in a pragmatic and non-adversarial way.
  • Team leadership and management.
Client General
  • Work closely with function leads (Precontract, Post Contract, Data, Tools & Policies and Risk) providing cost management & estimating expertise.
  • Support scheme delivery to maintain control of the approved baseline including cost assurance, supporting resolution of commercial matters, risk review and verification of data.
  • Assure scheme performance with the effective use of client policies, driving excellence in cost management.
  • Provide high quality outputs and alignment to the cost management estimating function tasks and outputs.
  • Delivering excellence across all areas of activity to the complete satisfaction of client and wider stakeholders.
Client Specific Activities
  • Contribute to the adoption of all client created tools and products, including development of all to enable enhanced future performance.
  • Develop a close working relationship with scheme leads, Trusts and their Advisors ensuring high degree of compliance with client processes, tools, assurance and products.
  • Contribute to the ongoing development of client initiatives and tasks.
  • Support client ambition to lever cost savings and improving cost predictability.
  • Engage with Trusts, their respective Cost Consultants and Contractors to build and maintain robust cost management and reporting.
  • Provide detailed cost analysis and reporting to support commercial decision making.
  • Identify the cost of and contribute to the management of risk (both threats and opportunities).
  • Support business case review including input to client governance.
  • Support Delivery Project Leads in the verification of scheme cost status and reporting.
  • Contribute to change control including the cost assessment of changes.
Regional Health Sector Involvement (to be discussed)
  • Contribute to the national health sector team and growth plan.
  • Engage with regional team providing guidance, mentorship, and support to team members.
  • Participate in networking and pursuits.
  • Attendance at events to network, develop brand and raise profile.
Qualifications
  • Experience using NRM1/2 across projects of different scale.
  • Relevant technical qualification with demonstrable track record in delivering major projects and programmes of significant value and complexity.
  • Strong client-focused approach with excellent stakeholder management skills.
  • Working towards or holding an applicable professional qualification.
  • Experience in construction consultancy, healthcare/life science projects, or digital software for project management is advantageous.

All your information will be kept confidential according to EEO guidelines. SOX control responsibilities may be part of this role, which are to be adhered to where applicable.

It is strictly against Turner & Townsend policy for candidates to pay any fee in relation to our recruitment process. No recruitment agency working with Turner & Townsend will ask candidates to pay a fee at any time. Any unsolicited resumes/CVs submitted through our website or to Turner & Townsend personal e-mail accounts, are considered property of Turner & Townsend and are not subject to payment of agency fees. In order to be an authorised Recruitment Agency/Search Firm for Turner & Townsend, there must be a formal written agreement in place and the agency must be invited, by the Recruitment Team, to submit candidates for review.

Cost Manager (NRM1) in London employer: TURNER & TOWNSEND

At Turner & Townsend, we pride ourselves on fostering a collaborative and inclusive work culture that empowers our employees to excel in their careers. As a Cost Manager, you will be part of a dynamic team dedicated to delivering impactful healthcare projects across the UK, with ample opportunities for professional growth and development. Our commitment to continuous improvement and excellence ensures that you will play a vital role in shaping the future of healthcare while enjoying a supportive environment that values your contributions.

TURNER & TOWNSEND

Contact Details:

TURNER & TOWNSEND Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Cost Manager (NRM1) in London

Tip Number 1

Network like a pro! Get out there and connect with people in the industry. Attend events, join online forums, and don’t be shy to reach out on LinkedIn. You never know who might have the inside scoop on job openings!

Tip Number 2

Prepare for interviews by researching the company and its projects. Understand their values and how they align with your skills. This will help you stand out and show that you're genuinely interested in being part of their team.

Tip Number 3

Practice your pitch! Be ready to explain how your experience with NRM1/2 can benefit their projects. Keep it concise and focus on how you can contribute to their goals, especially in cost management and stakeholder engagement.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining Turner & Townsend and making a difference in the healthcare sector.

We think you need these skills to ace Cost Manager (NRM1) in London

Cost Management
NRM1/2 Knowledge
Stakeholder Management
Cost Estimating
Project Management
Data Analysis
Risk Management

Some tips for your application 🫡

Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience with NRM1/2 and any relevant projects. We want to see how your skills align with the role of Cost Manager, so don’t hold back!

Showcase Your Stakeholder Skills:Since this role involves a lot of collaboration, emphasise your ability to build trust and manage relationships with various stakeholders. Share examples of how you've navigated complex situations in the past.

Be Clear and Concise:When writing your application, keep it straightforward and to the point. Use clear language to describe your achievements and experiences, making it easy for us to see why you’re a great fit for the team.

Apply Through Our Website:We encourage you to submit your application through our website. It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy!

How to prepare for a job interview at TURNER & TOWNSEND

Know Your NRM1/2 Inside Out

Make sure you brush up on your knowledge of NRM1 and NRM2. Be ready to discuss how you've applied these methodologies in past projects, especially in complex environments. This will show that you can deliver consistent and accurate cost estimates.

Showcase Your Stakeholder Management Skills

Turner & Townsend values strong relationships with clients and stakeholders. Prepare examples of how you've built trust and collaborated effectively in previous roles. Highlight any challenging situations you've navigated successfully.

Demonstrate a Continuous Improvement Mindset

Be prepared to talk about how you've contributed to continuous improvement in your previous roles. Share specific instances where you've identified areas for enhancement and implemented changes that led to better outcomes.

Prepare for Scenario-Based Questions

Expect questions that assess your problem-solving abilities in real-world scenarios. Think of examples where you've had to act calmly under pressure or resolve conflicts pragmatically. This will demonstrate your capability to handle the complexities of the role.