
Lead Cost Engineer
Costain Group PLC
full-time
Posted on:
Location Type: Hybrid
Location: Peterborough • United Kingdom
Visit company websiteExplore more
Job Level
About the role
- Provide direction for the Cost Engineering function and alignment with other PMO and Commercial functions.
- Establishment of WBS and other data structures to support the SPA IC2 programme.
- Lead the development of an industry standard Cost, Change and EVM Management system to support the IC2 programme.
- Ensure standardisation and consistency of Cost Management processes to industry best practice.
- Establish robust processes to ensure accurate cost control, change and baseline management, and forecasting.
- Establish performance measurement for projects using Earned Value Management or similar techniques.
- Ensure forecast process is supported with alignment of risk, schedule and commercial processes as well as inflation.
- Support the establishment of aligned PMO, Estimating and Commercial infrastructure.
- Establish credible monthly cost reports to support leadership reviews and provide data driven insight into programme performance.
- Ensure the reported cost position is reconcilable and accurately reflected in the Cost Management system.
- Support the monthly Board Reporting data on any cost related matters.
- Lead on the IC2 cost control and efficiency initiatives.
- Manage the cost engineering interface with other functional leads (commercial, schedule, risk and reporting etc).
- Promote value and cost benefits across programme delivery.
Requirements
- Relevant academic degree in Commercial Management, Quantity Surveying, Cost Engineering or similar.
- Full UK Driving Licence
- Extensive experience of Cost Engineering on large scale infrastructure projects ideally for either a Tier 1 contractor or client-side
- Strong technical understanding of Cost Engineering including Forecasting, EVM, Cost Management, Resource Management, Change and Baseline Control, Inflation, Governance and Risk Management.
- Strong technical understanding of Work Breakdown Structures and other data structures supported by experience.
- Strong technical understanding of Risk and Contingency Management supported by experience of QSRA, and QCRA.
- Working knowledge of integrated functional processes where Cost, Risk, Schedule and Commercial data are aligned with supporting management techniques.
- Experienced user of Cost, Change and EVM Management Systems such as Deltek, Ecosys or Contruent.
- Significant experience of forecasting, maintaining performance and contractual baselines, producing cost variance analysis on time phased data, monitoring changes, and forward looking reporting on early warnings and variations.
- Excellent communication skills with the ability to negotiate and influence key stakeholders
- Experience and understanding of construction contracts such as NEC3/4 and their commercial basis including Target Price (Pain/Gain) Mechanisms.
Benefits
- Driving Required
- Security Clearance Required: No
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
Cost EngineeringForecastingEarned Value ManagementCost ManagementResource ManagementChange ControlBaseline ControlGovernanceRisk ManagementWork Breakdown Structures
Soft Skills
communicationnegotiationinfluence