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Project Cost Engineer - Devonport - £30/£45 p/h - 6 Months

Premium Job From Experis IT
Recruiter: Experis IT
Listed on: 1st October
Location: Plymouth
Salary/Rate: £30 - £45
Type: Contract
Start Date: ASAP

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Project Cost Engineer - Devonport - £30/£45 p/h - 6 Months

Project Cost Engineer - Devonport - £30/£45 p/h - 6 Months

The work location is based in Devonport on a 6 month contact duration.

Pay rate is between £30 - £45 per hour.

About the role

We're looking for a Project Cost Engineer to join us at one of the largest naval bases in Western Europe.

Key elements of the post include;

  • The Cost Engineer shall be professionally accountable to the Head of Cost Control
  • Day-to-day functional management will be via the local project team.

Key elements of the post include;

  • Maintaining a safety first approach in all projects/programme activities and foster the company safety culture.
  • Coordinating development and implementation of project in concert with the Project Manager and Project Planner. Participating in the development of project execution plans. Participating in the development of estimates and studies within a project stage and for sanction. Coordinating and develop appropriate control budgets
  • Ensure that all project costs are captured. Data gathering for reporting and analysis purposes Preparing ACWP and Estimate at Completion / Anticipated Final Cost (EAC / AFC) analysis report for projects, in line with Budgeted Cost of Work Performed (BCWP) forecast. Preparing monthly project performance reports. Collecting and compiling progress and cost data, and develop cost-control worksheets and reports for review by delivery teams. Providing cost input to closeout process.
  • As part of the project close-out procedure, provide data to the Cost Estimators to assist with analysis of project costs (post final account); for future benchmarking. Coordinate preparation of cost risk analysis. Review financial data related to accruals, invoice payments, purchase orders and material deliveries and other financial data. Provide cost input to and implement the cost element of change management procedures.
  • Link risk process to change process and estimate; provide cost input to and implement the cost element of the risk management plan. Coordinating and developing project work-in-progress (WIP), commitment and estimate at complete (EAC) forecasts. Coordinating and developing project annual-spend projections, cost reconciliations and variance analyses.

We would also like you to have;

  • Awareness of various contracting methodologies (eg FIDIC/NEC3/JCT etc…)
  • Advanced knowledge of cost management techniques
  • Have intermediate to advanced Excel skills, good knowledge of MS Office and ERP systems (experience utilising IFS is an asset).
  • Have an professional qualification (eg APM/Acoste/RICS) (or equivalent)
  • Have excellent stakeholder management and communication skills (written and oral) and a good understanding of Project Management principles and methodologies.

If you are relevant or interested don't delay, contact me on [Telephone number removed] or email me at