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Cost Engineer

Case by Case basis
13-05-2022 02:08 PM
Cost Engineer

We are currently working with one of the world’s leading engineering and consultancy groups specialising in rail, working on projects such as Crossrail and HS2, and public transport who are looking to expand their Engineering team by recruiting a Cost Engineer to join the London office. You will be able to demonstrate a range of experience within the Civil Engineering/Transportation/Infrastructures sectors. As Cost Engineer, you will be responsible for implementing Cost Control Procedures, and ensuring compliance with the business management systems. You will be required to operate at an intermediate level, and interface inwardly (Delivery Team).

As Cost Engineer your responsibilities will include, but are not limited to:
  • To implement the requirements for Cost Control
  • Assist on the production and delivery of the Performance Measurement Baseline and Performance Measurement Updates
  • Capture and integrate current and forecast programme, budget, cost, and risk at CBS & tasks level using the approved tools, effectively using IT and systems
  • Responsible for ensuring all Cost related inputs are reliable and provided in a timely manner to support the Performance Measurement Update (PMU) process.
  • Responsible for producing reliable Earned value reports.
  • Attend progress meetings with supply chain, designers, planning, commercial & construction team
  • Attending weekly/monthly site visits
  • Liaise with Commercial team on the financial progress, actual cost, and forecast
  • Ensure the use of CBS across the project; and that work, and cost is allocated within the correct cost centre
  • Providing general support to the Commercial team on tasks such as monthly cost reports & accruals based on EVA
  • Prepare weekly progress reports comparing planned work with actual work produced on site for key elements and commodities

Job requirements:
  • Experience of cost control services within large complex environments within the construction and engineering industry
  • Good understanding of Project controls and alignment of programme, cost, budget, risk and change
  • Understanding of various forms of tender documents, contract documents and specifications
  • Good understanding of various methods of cost control, forecasting and performance reporting (Earned Value Methodology)
  • Understanding of the construction market, methods of construction, plant, equipment, and labour requirements

As mentioned, this position as Cost Engineer is based in London so would suit candidates in the surrounding areas such a Kent, Surrey, or Essex. If this position is of interest, don’t hesitate to contact Erin at Critical Project Resourcing.

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