Cost Engineer

4 weeks ago

Downers Grove, United States DHD Consulting Full time
Job DescriptionJob DescriptionSupervisor, Cost Engineering Responsibilities
  1. Lead and supervise a team of cost engineers, providing guidance, support, and training as necessary.
  2. Develop and implement cost engineering strategies, policies, and procedures to ensure accurate cost estimation and control throughout the project lifecycle.
  3. Collaborate with project managers, engineers, and other stakeholders to develop project budgets and cost plans.
  4. Conduct analysis and evaluation of project costs, identifying potential risks, opportunities, and areas for improvement.
  5. Perform cost forecasting and variance analysis to track project performance and ensure adherence to budget constraints.
  6. Provide cost engineering expertise and guidance during the bidding and proposal process to ensure accurate cost estimation and competitiveness.
  7. Review and approve cost estimates, change orders, and contractor invoices to ensure compliance with project specifications and budget constraints.
  8. Maintain cost databases and cost estimating tools, ensuring accuracy, reliability, and accessibility for cost engineering activities.
  9. Identify and implement cost-saving initiatives and process improvements to enhance efficiency and profitability.
  10. Collaborate with procurement teams to evaluate supplier quotations and negotiate favorable terms and pricing.
Supervisor, Cost Engineering Required Skills
  1. Strong analytical and critical thinking skills, with the ability to analyze complex cost data and provide accurate insights and recommendations.
  2. Excellent project management skills, with the ability to prioritize tasks, meet deadlines, and manage multiple projects simultaneously.
  3. Proficiency in cost engineering software and tools, with the ability to utilize spreadsheets, databases, and cost estimation software effectively.
  4. Excellent communication and interpersonal skills, with the ability to collaborate and effectively communicate with cross-functional teams and stakeholders.
  5. Strong leadership and supervisory skills, with the ability to motivate and mentor a team of cost engineers.
  6. Attention to detail and strong numerical aptitude, with the ability to work with large sets of data and perform accurate calculations.
  7. Knowledge of cost control principles, financial analysis, and cost estimation techniques.
  8. Familiarity with industry-standard cost engineering practices and standards.
  9. Proficiency in using computer software such as Microsoft Excel, Microsoft Project, and cost estimating software.
Required Qualifications
  1. Bachelor's degree in engineering, construction management, or a related field. Master's degree is preferred.
  2. Minimum of 5 years of experience in cost engineering, project controls, or a related field.
  3. Previous experience in a supervisory or managerial role is preferred.
  4. Professional certifications such as Certified Cost Professional (CCP) or Certified Cost Engineer (CCE) is a plus.
  5. In-depth knowledge and understanding of cost engineering principles, techniques, and industry best practices.
  6. Strong knowledge of project management methodologies and practices.
  7. Proficient in using cost engineering software and tools.
  8. Excellent written and verbal communication skills.
  9. Strong problem-solving and decision-making abilities.
  10. Ability to work independently and collaborate effectively in a team environment.

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