Purpose of role

• To lead the Cost Management function / team within the CDF programme of works. 
• Developing and implementing cost management plans and strategies for the CDF programme
• Developing and implementation of the cost management toolsets and systems
• Working closely with project managers to integrate cost management into the overall project plan
• Providing training and support to the project team on cost management procedures
• Facilitating communication between various project stakeholders regarding project costs and mitigation strategies
• Ensuring compliance with cost management standards and regulation

Key Outputs/Deliverables 

 

• Centralised cost data set 

• Input into the CRA

• Developed cost models using activity based and other costing methods to ensure accurate cost estimates.

Key Leadership/People Management Skills 

 

• Ability to work well with a small team.

• Ability to influence others.
• Ability to create a positive engaged questioning culture, leading by example, fostering teamwork and collaboration.
• Must have a strong understanding of construction processes, materials, and methods. They should also be proficient in specialized software like Primavera P6, CostX, or Procore, Cobra EVM system
• Parametric estimating
• Experience of using EVM tool and systems such as COBRA.

 

Key Technical Skills 

 

 

Key Responsibilities: 

To include any Licence / Authorisation compliance arrangements for which the role is responsible.

To include any decision-making responsibilities that may impact nuclear safety.

 

• Planning and forecasting the project budget.
• Ensuring compliance with financial regulations.
• Monitoring and reporting on budget progress.
• Overseeing project cost management strategy.
• Collaborating with project managers and stakeholders to establish cost objectives.
• Analysing cost data to determine project budgets and forecasts.
• Implementing cost control measures.
• Preparing detailed cost forecasts and budget reports.
• Providing advisory services on cost strategy, negotiation, risk management, and cost control.
• Develop cost mitigation plans and strategies
• Prepare and deliver cost management reports for stakeholders
• Ensure compliance with relevant industry, regulatory, and company standards
• Create and implement cost management policies and protocols
• Perform cost assessment at different stages of the project
• Monitor and review cost management processes and identify areas for improvement
• Conduct training and workshops on cost management practices and procedures
• Ensure compliance with the SHE Management System. * Safety, Health and Environmental
• Demonstrate strong and active leadership for SHE, setting high standards.

 

 

Key Mental/Analytical Skills and Challenges

 

• Apply Root Cause Analysis techniques to business area shortfalls and translate into corrective actions.

• Ability to think independently to identify trends, behaviours and insights that could improve CDF performance.

• An influential and persuasive approach to achieving objectives, emotionally resilient – able to get the job done.

 

Key Interpersonal/Behavioural Skills 

 

• Adept verbal and written communication skills.
• Able to make decisions on own initiative and to work independently in a safe and effective manner.
• High level of attention to detail.
• Well organised and able to work to deadlines

 

Education and Qualification:

 

Required

 

• NOTC1-4 & 7.
• 6 months relevant experience desirable
• 5 years’ experience in the development and implementation of cost management process and procedures.
• Understanding of systems and platforms such as Building Information Management (BIM) in support of programme cost modelling and analysis.

 

Preferred

 

• HNC or degree / Honours degree in a relevant subject.
• Membership of the MACostE
• SC Clearance

 

 

Costain helps to improve people’s lives with integrated, leading edge, smart infrastructure solutions across the UK’s energy, water, transportation and defence markets. We help our clients improve their business performance by increasing capacity, improving customer service, safeguarding security, enhancing resilience, decarbonising and delivering increased efficiency. Our vision is to be the UK’s leading smart infrastructure solutions company. We will achieve this by focusing on blue chip clients whose major spending plans are underpinned by strategic national needs, regulatory commitments, legislation or essential performance requirements. We offer our clients leading edge solutions that are digitally optimised through the following five services which cover the whole lifecycle of their assets: future-shaping strategic consultancy; consultancy and advisory; digital technology solutions; asset optimisation and complex programme delivery. Our culture and values underpin everything we do.