Cost Engineer

Sutton, WV 26601

Post Date: 06/28/2017 Job ID: 125569 Industry: Cost Engineer

The key responsibilities of the Cost Engineer include-
  • Earned Value, estimates at completion, time-phased forecasting,  contingency management, month end accrual processes, cost reporting, etc. 
  • In conjunction with the Project Controls Manager and contracts manager, develop reporting breakdown structure and procedures for the total project budget.
  • Develop and establish overall project master cost plan for budget control.
  • Be able to develop linear cost projections.
  • Prepare the overall monthly cost report for the project including Project statistics and trends.
  • Prepare cost control input for monthly progress report for the entire project.
  • Monitor commitments and value of work done to produce a cash flow forecast.
  • Consolidate cost reports and other information to assist in preparing the monthly cost report.
  • Translates quantity trends in Engineering into forecast updates for bulks and subcontractors.
  • Supports the contract change management for engineering and construction and prepares estimates or check estimates for change orders.
  • Recommends solutions or recovery plans to cost impacts.
  • Prepares the input for the review of Project Profit/Risk Analysis with management and provides status reporting.

Basic Job Requirements
  • Experience with pipeline/linear construction projects. Will be setting up the cost program for the pipeline and must be comfortable working in an environment that doesn’ t have established project controls procedures.
  • Work experience in large scale and complex EPC(M) projects.



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