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Cost Engineer

2 months ago

London, United Kingdom PACE Global Full time

Cost Engineer / Senior Cost Engineer

Location: London or Birmingham



Check out the role overview below If you are confident you have got the right skills and experience, apply today.

Cost Engineers play a crucial role in supporting significant projects and organizations by delivering precise and prompt information on performance in relation to the project baselines. In this position, you will be responsible for managing cost performance reporting for the project, including all Earned Value Management (EVM) metrics associated with critical project commitments and expenditures.


Key Responsibilities:

  • Develop and implement data structures for cost control to ensure accurate tracking and monitoring of actual costs.
  • Set up and define the project control budget in alignment with established baselines.
  • Monitor internal and external costs against the established cost control frameworks.
  • Manage project accruals and commitments to ensure they remain within budget constraints.
  • Develop project forecasts, including Estimated Costs to Complete (ETC) and Estimate at Completion (EAC).
  • Provide timely and precise reporting on all project metrics, including Earned Value Management.
  • Track project contingency funds and exposures linked to identified risks and any remaining uncertainties.
  • Oversee project change control processes to ensure consistency with agreed baselines and control frameworks.
  • Monitor key project trends to provide insights that may inform future change controls.


Why join our client?

Elevate your career to new heights in an environment that values your expertise and dedication. Enjoy the flexibility of hybrid working while engaging in challenging, rewarding work that makes a difference.


Commitment to Diversity:

PACE is proud to be an Equal Opportunity Employer. We are committed to fostering a diverse workplace and have taken steps to become Disability Confident Committed. We welcome applications from all qualified individuals, regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or any other status protected by law. Our culture is one where your strengths and unique perspectives are valued. Join us in a workplace where everyone can thrive.