Lead Cost Engineer in London, United Kingdom
London, United Kingdom |
Salary not specified |
Contract
Lead Cost Engineer
Purpose of the Job
- As part of the Project team, works with the Project Manager and other team members to analyse and report on the cost status of the works.
- To supervise and support cost engineers working on the project.
- To consolidate and analyse all cost data and to brief the Project Manager on the cost status of the works.
- Co-ordinates the implementation of the Project Change/Trend Program within the Project. Co-ordinates weekly Trend meetings and ensures the timely raising and resolution of Trends.
Principal Accountabilities
- Responsible that all cost data is recorded, analysed and reported as per the approved procedures and guidance notes on behalf of the Project Manager.
- To actively manage and support the Cost Engineers working within the Project, so that they are able to meet their own deliverables in terms of quality and timeliness.
- Responsible that the Cost Management database is maintained correctly and ensures that forecast and budgeted costs align with cost flows for EV purposes.
- Responsible for weekly and period reporting requirements are met.
- Participates in re-forecasts as required by the Programme.
- Provide guidance and direction to Contractors to ensure compliance with the Contract.
- Interface with contract administration on contract issues and status of changes. Provides assistance with assessment of changes.
- Participate and manage the preparation of cost studies utilising historical data, statistical analysis and cost and quantity comparisons. To help innovate and develop new techniques as required to meet specific needs.
- Assists projects in identifying and assessing changes.
- Participates in and contributes to Value Engineering studies.
- Co-operate with in all matters relating to health and safety, including following safe working procedures at all times
- Act as a role model for vision and values, behaving in ways that are in alignment with Ways of Working. Encourage and support others to do so too.
- Promote equality in the workplace and adopt appropriate behaviour when interacting with colleagues.
- Take necessary care to properly protect the confidentiality, integrity and availability of corporate information from unauthorised disclosure, modification or destruction. Never knowingly put information or information systems at risk.
Main Challenges of the Job
- It is essential that the Lead Cost Engineer is seen to be a key member of an integrated project team and can demonstrate that they have a full knowledge of the project scope/ schedule and all cost related issues
- The Lead Cost Engineer must be seen to be pro active relating to all cost and schedule issues (leadership).
- The Lead Cost Engineer should always be prepared to question if there are any alternative options available when change is identified to ensure that the effect on cost and schedule is minimal.
- All required cost information needs to be delivered inline with the project reporting timetable as part of a 4 weekly reporting cycle.
- Work closely with team members to ensure that there are no cost surprises.
- As a member of the project team the Lead Cost Engineer will have a day to day working relationship with other co-workers at both office and site level covering all areas of Project Management / Construction / Contract Administration / Engineering / Programme.
- Will be responsible for interfacing with contractors 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.
- Will provide guidance and advice to all members of the Project cost team.
- Provide support to the Area Cost Engineer as required.
Person Specification
- Experience and demonstrated skill in cost engineering functions, including cost estimating, cost control and cost analysis.
- Construction experience as a Cost Engineer preferable.
- Skilled in oral and written communication, with demonstrated skill in presenting cost engineering information to management/clients.
- Proven skills in the efficient management of others.
- Demonstrated skill in identifying, analyzing and solving problems.
- Knowledge of engineering, procurement, contracts, construction and startup work processes.
- Knowledge of engineering and construction management customarily acquired over time through specialized instruction or practical experience.
- Bachelor degree or equivalent, preferably in Engineering or Construction Management or Quantity Surveying or equivalent experience.
- An advanced level of Excels skills desirable.
- An intermediate level of forecasting, scheduling techniques and risk analysis.
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