Cost Engineer (Life Sciences/Pharma/Data Centres)

Turner Townsend; Hartford; On-site; GBP 50,000 - 70,000; Full time

Job summary

A global professional services leader is seeking an experienced Cost Engineering Professional to manage project costs in life sciences and data centres. You will monitor and evaluate project performance against time, cost, and quality metrics, and facilitate communication with clients and contractors. The role involves leading processes for change management and procurement, and producing executive dashboards. Ideal candidates have strong background in cost control and project evaluation.

Qualifications

• Experience in cost engineering within life sciences or data centres.
• Ability to monitor performance against cost and schedule baselines.
• Knowledge of procurement and conceptual estimating principles.

Responsibilities

• Identify trends and recommend remedial actions towards cost delivery.
• Lead project evaluations on cost, time, and quality.
• Guide contractors to align with project schedules.
• Act as the main client contact for delivery and commercial issues.
• Create executive level cost reports and dashboards.

Skills

Cost control

Change management

Procurement principles

Risk evaluation

Cost reporting

Job description

Role Overview

As an experienced Cost Engineering Professional in life sciences or data centres you will establish the required processes, templates and tools, and agree the baseline for cost and schedule, whilst monitoring performance against it and incorporating the impacts of risk, opportunities and change in a controlled manner. In order to do this you will:

• Identify trends and root causes of deviations against the baseline using lead and lag indicators, recommend remedial actions in order to drive best value for the client.
• Lead the evaluation of the project's time, cost, and quality targets, applying governance controls as necessary to enable the successful delivery of the project.
• Cooperate with a remote team of cost managers responsible for reaching an agreed, market tested cost baseline and ensuring the client is receiving value for money.
• Guide and influence the general contractor, ensuring they are progressing in line with the schedule and within agreed cash flow parameters.
• Act as the key point of contact to the client overcoming delivery and commercial issues whilst preparing formal and ad hoc reports focussing on time, cost and quality targets.
• Control costs with your knowledge of conceptual estimating, funding stage gates, basic contingency principals, procurement principals.
• Create and/or work within a cost report, summarizing financials in an executive level dashboard.
• Understand change management principals, lead agreed change management process and work flow, providing a platform for adding/tracking/monitoring/approving change.
• Coordinate and lead planning sessions and workshops with clients and vendors to compile the master project/programme schedule, agreeing baselines and a critical path.
• Understand procurement principals, collate lead times from vendors and client into the master schedule communicate the prioritisation of ordering materials and equipment to meet scheduled install dates.
• Work closely with the client to define vendor schedule requirements.
• Actively participate in project team risk evaluations, incorporating the defined risks into monte carlo to output quantitative impacts to the overall project cost and schedule.
• Work closely with the project team to stay informed on status of project changes, incorporating and communicating these to the project team to allow for approvals in the change management process.
• Hold vendors accountable for required schedule updates and reporting to maintain timely and accurate updates of the master schedule ensuring that the schedules adhere to the defined process and quality expectations.

Turner & Townsend are leaders in professional services to the Data Centre's, Life Sciences, Pharma, R&D facilities, Industrial, Manufacturing, Distribution & Logistics sectors globally.