The role of Senior Cost Engineer is to act as an expert of the Cost and Forecasting team across the parts of HPC project following the Cost and Forecasting strategy uniformly across the project. They will act as a technical lead for the Cost and Forecasting team ensuring the implementation of Cost and Forecasting specific processes and framework. They will follow all governance arrangements for the Integrated Project Controls Discipline providing effective reporting of Cost and Forecasting information in a timely and accurate manner, supporting others to achieve the same results. They will manage the delivery of specific contracts which range in value from £10m to £500m. The Senior Function Engineer will be required to direct workload and provide guidance to the Cost Engineers or Trainee Cost Engineers on a day-to-day basis to enable them to support the project controls activities on the project.
Principal Accountabilities
- The Senior Cost Engineer will be the face of Cost and Forecasting management in their nominated Programme/Area in the
Project, bringing confidence to stakeholders that they are performing the right steps to identify, analyse, respond to and
manage their Cost and Forecasting outputs.
- Produce and maintain accurate cost and forecasting in alignment with the Cost Breakdown Structure or Work Breakdown
Structure (CBS/WBS);
- Act as a role model for the effective collaboration with colleagues within and across organisational boundaries to achieve
mutually successful outcomes in keeping with the HPC project values of “Humility, Positivity, Respect, Solidarity and
Clarity” and culture of “Trust, Transparency and Teamwork”
- Providing assurance of the maintenance of all Cost and Forecasting data for the Programme/Area within the Cost and
Forecasting software system e.g. EcoSys, SAP
- Assurance of the delivery of Cost and Forecasting reports to a defined reporting cycle, including commentary on key timerelated
drivers and performance issues ensuring the quality of the output
- The Senior Cost Engineer will support the Programme/Area Directors implement Cost and Forecasting management by:
o Reviewing and challenging the significant issues that may impact programme objectives
o Supporting issue and opportunities reviews and workshops and specialist Cost and Forecasting focussed
sessions (i.e. scenario planning).
o Analysis of Cost and Forecasting data and the connection of this data across the Project, in conjunction with
the project controls managers and risk leads.
o Challenging the uncertainties of Cost and Forecasting data over time to allow prioritisation and decision
making.
o Ensuring a comprehensive Cost and Forecasting portfolio is maintained and reflective of the current project
position.
- Working with colleagues in IPC to ensure that the Project schedule and cost estimates are informed by high quality risk
information (at delivery and portfolio levels).
- Work with the PCM’s to support the programme/area teams and where appropriate Tier 1 Contractors to assess contractorheld
Cost and Forecasting data and their views on Programme-held risks and opportunities that impact upon them.
- Identify enhancements to integrated Cost and Forecasting management procedure, process, reporting and tools.
- Accountable for the production and presentation of accurate, insightful project controls information at the Programme
Reviews and Board Meetings, ROTCs, Portfolio Risk Review as required.
- Responsible for the management and verification of information within the PowerBI dashboards and providing proposals
for improvement from the Programme/Area teams.
- Lead Cost and Forecasting management and Cost and Forecasting software specific training to the Programme/Area team,
PM community and apprentices and provide recommendations of additional training requirements, or improvements to
existing training.
- Effective collaboration, leadership and management of colleagues within and across organisational boundaries to achieve
mutually successful outcomes.
