NB4298:Project Cost Engineer

Salary:     £35000 – £50000

Location: Wolverhampton

Position:  Permanent

A Project Cost Engineer is required to work on a significant on going project, which is currently undergoing a period of client driven acceleration. In addition to accelerating, the level of client reporting has increased to become a substantial challenge.  Reporting to the Project Manager, the Project Cost Engineer will assess and report on all aspects of project costs. Based in Wolverhampton, this is a long term project and as such there is at least a 3 year requirement for this role, with the project expected to continue for the next 10 years.

Applications from suitably experienced ex-military personnel are strongly encouraged

Main Duties and Responsibilities:

         Experience as a project cost engineer demonstrating data collection, collation, checking and reporting

•           A problem solving approach to issues raised.

•           Experience in producing reports from P3e preferable

•           Fully conversant in all aspects of earned value analysis and project cost controls

•           General understanding of project management principles and processes

•           Experience within the nuclear industry is preferable but not essential

•           Comfortable working as part of a team

The Project Cost Engineer will be responsible to the Project Manager for:

•           Assessment of man-hours and associated costs, purchasing costs and expense costs on a weekly basis

•           Assessment of committed and actual purchase costs

•           Production of timely and accurate internal cost reports

•           Production of timely and accurate client cost reports

•           Production of project cost reports from P3e planning software

•           Week to week comparisons

•           Comparisons and performance measurement against previous forecasts

•           Maintenance of change control system and associated costs

•           Development and maintenance of reporting systems in order to meet project demands

•           Assessment of progress and subsequent reporting of project KPIs

•           Identification and prioritisation of likely overspends

•           Participation in risk management process and identification of potential mitigation strategies

•           Liaise with functional project engineers to develop and instil an appreciation of project cost issues/importance

•           Liaise with client cost engineers and project personnel

•           On-going assessment of project cashflow

•           Development of cost structure and reporting in line with project and client WBS.

•           Accuracy of all data and reports presented

•           Take direction from the project manager for any ad-hoc reporting or assessments

Candidate Requirements:

Minimum HNC/HND in engineering or analytical study

•           Ideally qualified to graduate level in an engineering or cost based degree.

•           Data manipulation skills particularly within MS Excel and MS Access

•           Excellent IT skills, numeric and analytical skills required

•           Good spoken and written English is essential


•           MS Office (Particularly Excel and Access)

•           @Risk for Excel or similar risk analysis software

•           P3e

•           Visual Basic for Applications

Salary:   £35000 – £50000

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