Senior Cost Engineer

Purpose of role

• To lead the Cost Management function / team within the CDF programme of works. 
• Developing and implementing cost management plans and strategies for the CDF programme
• Developing and implementation of the cost management toolsets and systems
• Working closely with project managers to integrate cost management into the overall project plan
• Providing training and support to the project team on cost management procedures
• Facilitating communication between various project stakeholders regarding project costs and mitigation strategies
• Ensuring compliance with cost management standards and regulation

Key Outputs/Deliverables 

• Centralised cost data set 

• Input into the CRA

• Developed cost models using activity based and other costing methods to ensure accurate cost estimates.

Key Leadership/People Management Skills 

• Ability to work well with a small team.

• Ability to influence others.
• Ability to create a positive engaged questioning culture, leading by example, fostering teamwork and collaboration.
• Must have a strong understanding of construction processes, materials, and methods. They should also be proficient in specialized software like Primavera P6, CostX, or Procore, Cobra EVM system
• Parametric estimating
• Experience of using EVM tool and systems such as COBRA.

Key Technical Skills 

Key Responsibilities: 

To include any Licence / Authorisation compliance arrangements for which the role is responsible.

To include any decision-making responsibilities that may impact nuclear safety.

• Planning and forecasting the project budget.
• Ensuring compliance with financial regulations.
• Monitoring and reporting on budget progress.
• Overseeing project cost management strategy.
• Collaborating with project managers and stakeholders to establish cost objectives.
• Analysing cost data to determine project budgets and forecasts.
• Implementing cost control measures.
• Preparing detailed cost forecasts and budget reports.
• Providing advisory services on cost strategy, negotiation, risk management, and cost control.
• Develop cost mitigation plans and strategies
• Prepare and deliver cost management reports for stakeholders
• Ensure compliance with relevant industry, regulatory, and company standards
• Create and implement cost management policies and protocols
• Perform cost assessment at different stages of the project
• Monitor and review cost management processes and identify areas for improvement
• Conduct training and workshops on cost management practices and procedures
• Ensure compliance with the SHE Management System. * Safety, Health and Environmental
• Demonstrate strong and active leadership for SHE, setting high standards.

Key Mental/Analytical Skills and Challenges

• Apply Root Cause Analysis techniques to business area shortfalls and translate into corrective actions.

• Ability to think independently to identify trends, behaviours and insights that could improve CDF performance.

• An influential and persuasive approach to achieving objectives, emotionally resilient – able to get the job done.

Key Interpersonal/Behavioural Skills 

• Adept verbal and written communication skills.
• Able to make decisions on own initiative and to work independently in a safe and effective manner.
• High level of attention to detail.
• Well organised and able to work to deadlines

Education and Qualification:

• NOTC1-4 & 7.
• 6 months relevant experience desirable
• 5 years’ experience in the development and implementation of cost management process and procedures.
• Understanding of systems and platforms such as Building Information Management (BIM) in support of programme cost modelling and analysis.

Preferred

• HNC or degree / Honours degree in a relevant subject.
• Membership of the MACostE
• SC Clearance

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