Project Cost Engineer

Role: Project Cost Engineer Clearance: Active SC Clearance (mandatory) Primary Location: Bristol Secondary Location: Andover Key Responsibilities Cost Estimation and Planning: Develop and maintain detailed cost estimates for all phases of digital transformation projects. Collaborate with project managers, engineers, and stakeholders to establish realistic budgets. Budget Management: Monitor project budgets and expenditures, ensuring alignment with financial objectives.

Prepare cost forecasts and provide insights into potential variances. Cost Control and Reporting: Implement cost control measures to manage project financial performance effectively. Generate detailed cost reports and provide regular updates to project stakeholders.

Risk and Variance Analysis: Identify and analyze cost risks and variances, recommending mitigation strategies as needed. Conduct sensitivity analyses to evaluate the financial impact of project changes. Collaboration and Communication: Work closely with procurement teams, contractors, and suppliers to ensure cost efficiency.

Serve as the primary point of contact for cost-related queries and discussions. Governance and Compliance: Ensure adherence to defence financial regulations and reporting standards. Maintain accurate and comprehensive documentation of cost management activities.

Qualifications and Experience Education : Bachelor’s degree in engineering, Finance, or a related field. Professional certifications (e.g., CCP, PMP, or AACE) are advantageous. Experience : Proven experience in cost engineering, project controls, or financial management within defence, aerospace, or similarly complex sectors.

Familiarity with defence-specific cost management standards and practices. Technical Skills : Proficiency in cost estimation tools and financial