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Title
Text copied to clipboard!Senior Cost Engineer
Description
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We are looking for a Senior Cost Engineer to join our dynamic team and lead cost estimation, budgeting, and financial control for complex engineering and construction projects. The ideal candidate will have a strong background in cost engineering, project management, and financial analysis, with the ability to work collaboratively across multidisciplinary teams.
As a Senior Cost Engineer, you will be responsible for developing and maintaining detailed cost estimates, analyzing project budgets, and ensuring that financial objectives are met throughout the project lifecycle. You will work closely with project managers, engineers, procurement teams, and clients to provide accurate cost data and support informed decision-making.
Key responsibilities include preparing cost estimates for various project phases, conducting cost risk analyses, tracking project expenditures, and identifying cost-saving opportunities. You will also be expected to evaluate contractor and supplier bids, monitor changes in project scope, and update cost forecasts accordingly.
The successful candidate will possess excellent analytical skills, attention to detail, and a deep understanding of cost control methodologies and tools. Proficiency in cost engineering software such as Primavera, CostX, or similar platforms is essential. A strong understanding of industry standards and best practices in cost engineering is also required.
This role offers the opportunity to work on high-profile projects in sectors such as infrastructure, energy, construction, and manufacturing. You will play a critical role in ensuring projects are delivered on time and within budget, contributing to the overall success and profitability of the organization.
If you are a proactive, detail-oriented professional with a passion for cost engineering and a track record of success in managing project finances, we encourage you to apply for this exciting opportunity.
Responsibilities
Text copied to clipboard!- Develop and maintain detailed project cost estimates
- Monitor and control project budgets and expenditures
- Conduct cost risk assessments and value engineering analyses
- Collaborate with project teams to ensure financial objectives are met
- Evaluate contractor and supplier bids for cost accuracy
- Track changes in project scope and update cost forecasts
- Prepare cost reports and present findings to stakeholders
- Identify and implement cost-saving opportunities
- Ensure compliance with industry standards and company policies
- Support procurement and contract negotiation processes
Requirements
Text copied to clipboard!- Bachelor’s degree in Engineering, Construction Management, or related field
- Minimum 5 years of experience in cost engineering or project controls
- Proficiency in cost estimation and control software (e.g., Primavera, CostX)
- Strong analytical and problem-solving skills
- Excellent communication and interpersonal abilities
- Knowledge of industry standards and best practices
- Experience with large-scale engineering or construction projects
- Ability to work independently and in a team environment
- Attention to detail and high level of accuracy
- Professional certification (e.g., CCP, AACE) is a plus
Potential interview questions
Text copied to clipboard!- How many years of experience do you have in cost engineering?
- What cost estimation software are you proficient in?
- Can you describe a project where you successfully managed the budget?
- How do you handle changes in project scope affecting costs?
- What methods do you use for cost risk analysis?
- Have you worked with multidisciplinary teams before?
- Are you familiar with industry cost standards and benchmarks?
- Do you have experience evaluating contractor or supplier bids?
- What is your approach to identifying cost-saving opportunities?
- Do you hold any professional certifications in cost engineering?
