Senior Cost Engineer

CB&I Asset Solutions is seeking a Cost Engineer 3 contractor for a 12‑month contract based in Aberdeen, UK. The engagement is outside IR35 and is open to limited companies. The role will deliver cost management and control across EPC contracts.

Scope of Work

• Create the Cost Breakdown Structure (CBS) and apply the standard phase template in the mpower system.
• Maintain the Client sections of the CBS which holds pertinent information such as Purchase / Service Order (PO / SO) number and value.
• Maintain the Change Request register in mpower via the Project Change Request section of the system and incorporate this change into the relevant budget section / forecast.
• Populate budgets at phase level as per the Client approved Estimate / Change Request.
• Add, amend and maintain rates (Schedule or PAF) within the system to produce Estimates / Value of Work Done (VOWD) and Forecasts.
• Monitor and issue weekly time writing and commitment reports to the team.
• Compile and issue monthly VOWD to the Commercial department.
• Review, code and approve requisitions in line with approved budgets.
• Track requisitions against budget to ensure accurate forecasting and the avoidance of cost over‑runs.
• Regularly review VOWD, phasing and forecasts and take corrective action if required.
• Highlight areas of concern with recommended solutions such as Change Management.
• Frequently liaise with Engineering Disciplines, Project Manager and Supply Chain to assist with the monitoring and control of budgets and engage in close‑out activities where required.
• Frequently liaise with Planning Engineers to ensure accurate forecast phasing of manhours.
• Provide monthly cost reports with cost expenditure, forecast and phasing information as per the agreed scope.
• Hold regular Internal and External cost reviews with narrative, to present the cost position at a point in time.

Deliverables

• Rates
• Cost Breakdown Structure and Project Change Request structure
• Requisitions
• Weekly time‑writing and commitment reports
• Cost and invoice reconciliation analysis
• Monthly VOWD Report
• Monthly Cost Reports
• Internal and External Cost Review meetings

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