Senior Cost Engineer

Job Description

Lead the Cost Management function / team within the CDF programme of works. Develop and implement cost‑management plans, strategies, tools and systems for the CDF programme. Work closely with project managers to integrate cost management into the overall project plan, provide training and support to the project team on cost‑management procedures, facilitate communication between stakeholders regarding project costs and mitigation strategies, and ensure compliance with cost‑management standards and regulations.

• Centralised cost data set
• Input into the CRA
• Developed cost models using activity‑based and other costing methods to ensure accurate cost estimates.

• Ability to work well with a small team.
• Ability to influence others.
• Ability to create a positive engaged questioning culture, leading by example, fostering teamwork and collaboration.
• Strong understanding of construction processes, materials and methods; proficient in specialized software such as Primavera P6, CostX, Procore and COBRA EVM system.
• Parametric estimating.
• Experience using EVM tools and systems such as COBRA.

• Planning and forecasting the project budget.
• Ensuring compliance with financial regulations.
• Monitoring and reporting on budget progress.
• Overseeing project cost management strategy.
• Collaborating with project managers and stakeholders to establish cost objectives.
• Analyzing cost data to determine project budgets and forecasts.
• Implementing cost control measures.
• Preparing detailed cost forecasts and budget reports.
• Providing advisory services on cost strategy, negotiation, risk management and cost control.
• Develop cost mitigation plans and strategies.
• Prepare and deliver cost‑management reports for stakeholders.
• Ensure compliance with relevant industry, regulatory and company standards.
• Create and implement cost‑management policies and protocols.
• Perform cost assessment at different stages of the project.
• Monitor and review cost‑management processes and identify improvement areas.
• Conduct training and workshops on cost‑management practices and procedures.
• Ensure compliance with the SHE Management System (Safety, Health and Environmental).
• Demonstrate strong and active leadership for SHE, setting high standards.

• Apply Root Cause Analysis techniques to business area shortfalls and translate into corrective actions.
• Independent thinking to identify trends, behaviours and insights that could improve CDF performance.
• Influential and persuasive approach to achieving objectives, emotionally resilient – able to get the job done.

• Adept verbal and written communication skills.
• Decision‑making on own initiative and ability to work independently in a safe and effective manner.
• High level of attention to detail.
• Well organised and able to work to deadlines.

• NOTC1‑4 & 7.
• 6 months relevant experience desirable.
• 5 years’ experience in the development and implementation of cost‑management processes and procedures.
• Understanding of systems and platforms such as Building Information Management (BIM) to support programme cost modelling and analysis.

• HNC or degree / Honours degree in a relevant subject.
• Membership of the MACostE.
• SC Clearance.

Costain helps to improve people’s lives with integrated, leading‑edge, smart infrastructure solutions across the UK’s energy, water, transportation and defence markets. We help our clients improve their business performance by increasing capacity, improving customer service, safeguarding security, enhancing resilience, decarbonising and delivering increased efficiency. Our vision is to be the UK’s leading smart infrastructure solutions company. We will achieve this by focusing on blue‑chip clients whose major spending plans are underpinned by strategic national needs, regulatory commitments, legislation or essential performance requirements.

We offer our clients leading‑edge solutions that are digitally optimised through the following five services which cover the whole lifecycle of their assets: future‑shaping…