Cost Engineer in London, Greater London, United Kingdom

My client is responsible for the biggest rail construction project in Europe, helping to improve London's commuter infrastructure.

Due to an increase in project works they require a Cost Engineer to join them on an initial short term contract.

Essential to this role is prior experience of Crossrail, either direct or through a contractor onto the programme.

As the Cost Engineer you will provide support with but not limited to the following activities;

  • Working with the Project Controls Teams, Finance and Contract Project Managers and to analyse and report on the cost status of the works.
  • Working closely with Contractors’ and Delivery teams to assess and analyse the cost status of the works; assessing Contractor dashboards and making recommendations where appropriate. Briefing the stakeholders on the cost status of the works through the provision of periodic cost reporting packs.
  • Provide contract cost verification to Line of Defence 1 and other assurance key stakeholders as part of the programme assurance process.
  • Provide support to Planning teams across Project Controls and Delivery Units to ensure schedule and costs information align

Principal Accountabilities

  • Maintaining the Cost Management database and checking that forecast and budgeted costs align with cost flows for EV purposes.
  • Developing and contributing to the weekly and period reporting requirements.
  • Participating in re-forecasts as required by the programme.
  • Deploying and implementing the Project Control requirements included in contracts.
  • Interfacing with contract administration on contract issues and status of changes. Helping with assessment of changes.
  • Participating in the preparation of cost studies utilising historical data, statistical analysis and cost and quantity comparisons. Developing new techniques as required to meet specific needs and within the parameters specified.
  • Assisting projects in identifying and assessing changes.
  • Participating in and contributing to Value Engineering studies.
  • Demonstrating good knowledge of the project scope/schedule and all cost related issues as part of an integrated project team.
  • Questioning the availability of alternative options when change is identified to help minimise the effect on cost and schedule.
  • Delivering cost information in line with the project reporting timetable as part of a 4 weekly reporting cycle.
  • Working closely with team members to help prevent the possibility of cost surprises.

Dimensions & Interfaces (Internal and External)

  • As a member of the project team the Cost Engineer will have a day to day working relationship with other co-workers at both office and site level covering all areas of Programme/ Project Management / Construction / Contract Administration / Engineering.
  • Will be responsible for interfacing with contractor’s staff on all cost related issues for specific contracts under their responsibility.
  • Will be responsible for reporting to Project and Senior Management all Budgetary/Forecast issues for specific contracts under their control.

Person Specification

  • Working knowledge of cost engineering functions, including cost estimating, cost control, and cost analysis.
  • Working knowledge of Programme and Project Planning principles desirable
  • Construction experience as a Cost Engineer preferable.
  • Extensive knowledge of the NEC suite of contracts, with operational implementation and daily contractor management.
  • Skilled in oral and written communication, with experience of presenting cost engineering information to management/clients.
  • Experience of identifying, analysing, and solving problems.
  • Knowledge of engineering, procurement, contracts, construction, and start up work processes.
  • Knowledge of engineering and construction management customarily acquired over time through specialised instruction or practical experience.
  • Bachelor’s degree or equivalent, preferably in Engineering or Construction Management or Quantity Surveying or equivalent experience.
  • Experience of using Primavera P6 or equivalent planning tools desirable
  • An advanced level of MS Excel skills desirable.
  • Experience of forecasting, scheduling techniques and risk analysis.

If you have carried out this function in Crossrail focused environment and this opportunity sounds like the position for you, then please get in touch or apply today. A full job description is available upon request,

Please note due to my client being in the public sector, this role falls inside of IR35.

This vacancy is being advertised by Advanced Resource Managers. ARM is a specialist talent acquisition and management consultancy. We provide technical contingency recruitment and a portfolio of more complex resource solutions.

Our specialist recruitment divisions cover the entire technical arena, including some of the most economically and strategically important industries in the UK and the world today. We will never send your CV without your permission.

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