Senior Cost Engineer

Minimum Requirement:

• This role is within the Central function functional infrastructure rather than actually delivering in a project.
• Implement appropriate procedures, processes and systems to ensure the quality and consistency of data.
• Provide expert cost engineering support across the organisation, acting as a centre of excellence for cost forecasting, analysis, trend identification and cost performance insight.
• Drive the development and embedding of cost management processes, tools and guidance, contributing to continuous improvement and increased maturity of cost engineering capability.
• Act as a trusted advisor and critical friend to delivery teams and leadership, providing proportionate challenge and assurance to support investment, prioritisation and confidence in cost positions.
• Support capability development within the cost engineering community, including coaching, mentoring and promotion of professional standards and good practice.
• Maintain and promote high personal standards in environment, safety, health, security and quality and be a great team player.

• Standard Cost engineering background engineering, construction, economics.
• Strong numerical and analytical skills.
• Functional background.
• Tracking manpower productivity and analysing time booked to projects including resource usage vs. planned, resource constraints, etc. and make any relevant recommendations to the Project Manager.

A senior member of the Business Management sub-function providing and delivering cost engineering capability in support of projects.

• Implement appropriate procedures, processes and systems to ensure the quality and consistency of data.
• Task manage capacity and deployment of Business Management team members in support of Group Leaders.
• Prepare, monitor and control of forecasts and budgets for specified projects, including change control.
• Interrogate systems and performance to ascertain actual expenditure and project accruals as needed.
• Preparation of cost reports, including trend analysis and early warnings where necessary.
• Perform and support other Cost Engineer requirements as requested.
• Maintain and promote high personal standards in environment, safety, health, security and quality and be a great team player.

• Conduct full and detailed SPI, CPI variance analysis and subsequent root cause analysis, followed by provision of narrative, recommendations & recovery planning in accordance with monthly reporting timescales.
• Establish the Project Cost Breakdown Structure (CBS) and lead on the preparation of cost studies utilising historical data.
• Developing benchmarking information to meet specific needs.
• Provide trended data to the Project Manager based on performance to date and emerging trends including making recommendations.
• Tracking manpower productivity and analysing time booked to projects including resource usage vs. planned, resource constraints, etc. and make any relevant recommendations to the Project Manager.