Senior Cost Engineer

Job Title: Senior Cost Engineer

Location: Somerset Energy innovation Centre

Pay: PAYE £485.32 or Umbrella £673.98

Job : 2101

- The Senior Cost Engineer will be the face of Cost and Forecasting management in their nominated Programme/Area in the Project, bringing confidence to stakeholders that they are performing the right steps to identify, analyse, respond to and manage their Cost and Forecasting outputs.

- Produce and maintain accurate cost and forecasting in alignment with the Cost Breakdown Structure or Work Breakdown

Structure (CBS/WBS);

- Act as a role model for the effective collaboration with colleagues within and across organisational boundaries to achieve

mutually successful outcomes in keeping with the HPC project values of  Humility, Positivity, Respect, Solidarity and Clarity  and culture of  Trust, Transparency and Teamwork

- Providing assurance of the maintenance of all Cost and Forecasting data for the Programme/Area within the Cost and Forecasting software system e.g. Eco Sys, SAP

- Assurance of the delivery of Cost and Forecasting reports to a defined reporting cycle, including commentary on key time related drivers and performance issues ensuring the quality of the output

- The Senior Cost Engineer will support the Programme/Area Directors implement Cost and Forecasting management by:

o Reviewing and challenging the significant issues that may impact programme objectives

o Supporting issue and opportunities reviews and workshops and specialist Cost and Forecasting focussed

sessions (i.e. scenario planning).

o Analysis of Cost and Forecasting data and the connection of this data across the Project, in conjunction with

the project controls managers and risk leads.

o Challenging the uncertainties of Cost and Forecasting data over time to allow prioritisation and decision

making.

o Ensuring a comprehensive Cost and Forecasting portfolio is maintained and reflective of the current project

position.

- Working with colleagues in IPC to ensure that the Project schedule and cost estimates are informed by high quality risk

information (at delivery and portfolio levels).

- Work with the PCM's to support the programme/area teams and where appropriate Tier 1 Contractors to assess contractor held

Cost and Forecasting data and their views on Programme-held risks and opportunities that impact upon them.

- Identify enhancements to integrated Cost and Forecasting management procedure, process, reporting and tools.

- Accountable for the production and presentation of accurate, insightful project controls information at the Programme

Reviews and Board Meetings, ROTCs, Portfolio Risk Review as required.

- Responsible for the management and verification of information within the PowerBI dashboards and providing proposals

for improvement from the Programme/Area teams.

- Lead Cost and Forecasting management and Cost and Forecasting software specific training to the Programme/Area team,

PM community and apprentices and provide recommendations of additional training requirements, or improvements to

existing training.

- Effective collaboration, leadership and management of colleagues within and across organisational boundaries to achieve

mutually successful outcomes.

• Able to deliver accurate and concise Cost and Forecasting insights to drive evidence-based decision making, utilising commercial and technical information, to influence project decisions and support the management of risks/opportunities.
• Understanding and/or practical experience of wider project controls disciplines enabling Cost and Forecasting management to be integrated with schedule, risk and change, and provide assurance that Cost and Forecasting reporting and outputs of Cost and Forecasting analysis aligns with other project data.
• Understands how the impact of changes/decisions may impact the programme/area delivery.
• Excellent analytical, critical thinking and problem-solving skills.
• Proven ability to facilitate Cost and Forecasting conversations with colleagues at all levels, including Executive and Director leadership.
• Effectively communicates complex issues and concepts…