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Cost Management Construction Project Analyst – Graduate Development Program

Job in Chicago, Cook County, Illinois, 60290, USA
Listing for: Turner-
Full Time position
Listed on 2026-09-25
Job specializations:
  • Business
    Financial Analyst
Salary/Wage Range or Industry Benchmark: 70000 - 98000 USD Yearly USD 70000.00 98000.00 YEAR
Job Description & How to Apply Below

Cost Management Construction Project Analyst – Graduate Development Program

  • Full-time
  • Department:
    Early careers

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

Working with our clients across real estate, infrastructure,energyand 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 andprogramsas we turn challenge into opportunity and complexity into success.

Our capabilities include program, 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 estateservicesand investment firm, with our partners holding a significant minority interest. Turner & Townsend and CBRE work together to provide clients with the premier program, project and cost management offering in markets around the world.

Overview

Do you want to be part of our successful

Graduate Development Programsupporting top clients for Turner & Townsend across the U.S. We are hiring an ambitious and forward-thinking

Cost Management Analystto work in our growing team.

The route to becoming a professional at Turner & Townsend involves development in various competencies. The Turner & Townsend Graduate Development Program has been designed to provide recent graduates, with less than two years of industry experience, with opportunities to further develop their careers and offer exposure to the services in which we specialize in order to become a successful consultant upon graduation of the program.

The Program is intended to take approximately 2 years in duration, and experience is based upon achievement of various competencies in each core service.

The program is offered atour Chicago, IL location.

As a Cost Management Analyst at Turner & Townsend, you will support the delivery of world-class cost management services across a variety of capital projects. You’ll be exposed to capital planning, cost estimating, procurement, contract administration, change management, and reporting - helping clients optimize their investments.

Key Responsibilities
  • Support in development of comprehensive project estimates, including construction, fees, direct work, and other associated costs.
  • Engage with vendors to review, validate, and challenge cost inputs.
  • Utilize benchmark data from previous projects to inform and assess estimate accuracy
  • Capital Planning Support
  • Advise clients on capital planning strategies across large-scale portfolios.
  • Provide insights to optimize investment decisions and long-term financial planning
  • Procurement Strategy & Vendor Management
  • Support procurement activities including vendor prequalification, bid evaluation, and bid leveling.
  • Facilitate bid interviews and provide final recommendations for vendor selection.
  • Oversee the appointment process in alignment with client objectives.
  • Cost Reporting & Forecasting
  • Establish and manage cost reporting schedules.
  • Present cost reports and forecasts to clients, ensuring transparency and accuracy.
  • Maintain a commercial risk register and lead periodic review meetings with project teams and vendors
  • Cost Control & Change Management
  • Assess payment applications and recommend contractor entitlements.
  • Review and evaluate change order requests, providing strategic recommendations to clients.
  • Apply dispute prevention and resolution procedures to manage payment requisitions and contractual issues.
  • Monitor and manage the end-to-end invoicing process to ensure timely and accurate payments.
  • Benchmarking & Performance Analysis
  • Benchmark project performance against successful commissions to…
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