Overview
Trainee Cost Engineer –
Job Description
As Trainee Cost Engineer you will be trained to provide cost management support to the work portfolio and will monitor, control and forecast elements of the costs during the Project lifecycle.
Click the link for the job description, responsibilities, and qualifications – PRJI03 – Trainee Cost Engineer.pdf
Responsibilities
Responsibilities
- Work with the Project Managers to ensure contracts and forecasts are effectively managed by monitoring and analysing the cost report information.
- Implement the correct and appropriate cost management tool for the project
- Under the make up the Estimate and assist in development and use of Project Control Structures (CBS, OBS, WBS etc.)
- Ensure the necessary cost management interface is in place with Finance and ensure regular communications
- Active involvement in the change process against the base estimate, understanding the factors influencing each variance and change to the project’s cost baseline Continually monitor Project Risk and Change status to maintain current forecast and communicating these changes to line management.
- Liaise with Project team members and supply chain and Clients with regards to progress and financial forecasting
- Update the Cost Tool to comply with Project Reporting Cycles required by the Contract and Internal reporting.
- Investigate, review and challenge cost variances against the baseline plan
- Ensure integration with the project Planning Engineer with the updates to maintain an aligned financial position with the forecast project plan
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Knowledge, Skills, and Experience
Essential
- High level of numeracy and excellent analytical skills
- Good attention to detail with good time management skills
- Excellent MS Office skills, well versed in the preparation of reports and information using packages such as Word, Excel and PowerPoint and using Power BI tools
Qualifications
Essential
- Minimum of HNC/HND ideally in a cost related discipline (not essential) or relevant experience
About Us
Costain helps to improve people’s lives with integrated, leading edge, smart infrastructure solutions across the UK’s energy, water, transportation and defence markets. We help our clients improve their business performance by increasing capacity, improving customer service, safeguarding security, enhancing resilience, decarbonising and delivering increased efficiency. Our vision is to be the UK’s leading smart infrastructure solutions company. We will achieve this by focusing on blue chip clients whose major spending plans are underpinned by strategic national needs, regulatory commitments, legislation or essential performance requirements. We offer our clients leading edge solutions that are digitally optimised through the following five services which cover the whole lifecycle of their assets: future-shaping strategic consultancy; consultancy and advisory; digital technology solutions; asset optimisation and complex programme delivery. Our culture and values underpin everything we do.
Costain appreciate the time and effort taken when applying for one of our positions but, due to the high volume of responses, we are unable to provide individual feedback on candidates at application phase.
We do share individual feedback following an interview .
A Disability Confident employer will generally offer an interview to any applicant that disclose they have a disability and meets the minimum criteria for the job as defined by the employer.
It is important to note that in certain recruitment situations such as high-volume, seasonal and high-peak times, the employer may wish to limit the overall numbers of interviews offered to both disabled people and non-disabled people.
For more details please go to the Disability Confident website:
https://www.gov.uk/government/collections/disability-confident-campaign
IMPORTANT: Before applying for this role, please make sure you have the right to work in the country where the role is based. Unless it clearly stipulates within in the job advert above that the hiring company is looking to or able to sponsor applicants it is deemed that the hiring employer will only consider applications from those able to comply with and work in the country where the role is based.
