Introduction
UKs Nuclear New Build Programme constructing a nuclear power station at Hinkley Point C, Somerset and Sizewell C, Suffolk.
Working within a key aspect of an Integrated Project Controls (Cost and Forecasting) team, our team aims to act as a centre of excellence for project controls implementation. We are the intelligent owners of the single source of delivery performance information, operating as a integrated enabler for the successful delivery of the HPC project.
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.
Key Interfaces
* Safety & Programme Assurance Director
* Head of Integrated Project Controls
* Cost Manager and wider Cost and Forecasting Team (Cost Engineers and Trainee Cost Engineers)
* Project and Programme Risk Reviews
* Programme/Area Directors
* Central support functions (i.e. Supply chain, Finance, Legal, HR)
* Project Management community
* PCM Discipline
* Integrated Project Controls Disciplines (Estimating, Planning, Risk, Performance Measurement & Analysis)
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.
* Support the Programme/Area Directors implement Cost and Forecasting management by:
1. Reviewing and challenging the significant issues that may impact programme objectives.
2. Supporting issue and opportunities reviews and workshops and specialist Cost and Forecasting focussed sessions (i.e. scenario planning).
3. 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.
4. Challenging the uncertainties of Cost and Forecasting data over time to allow prioritisation and decision making.
5. Ensuring a comprehensive Cost and Forecasting portfolio is maintained and reflective of the current project position.
* Work 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 PCMs to support the programme/area teams and where appropriate Tier 1 Contractors to assess contractor-held 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.
Knowledge, Skills, Qualifications & Experience
* Able to deliver accurate and concise Cost and Forecasting insights to drive evidence-based decision making, utilising commercial and technical information, to influence project decisions and support the management of risks/opportunities.
* Understanding and/or practical experience of wider project controls disciplines enabling Cost and Forecasting management to be integrated with schedule, risk and change, and provide assurance that Cost and Forecasting reporting and outputs of Cost and Forecasting analysis aligns with other project data.
* Understands how the impact of changes/decisions may impact the programme/area delivery.
* Excellent analytical, critical thinking and problem-solving skills.
* Proven ability to facilitate Cost and Forecasting conversations with colleagues at all levels, including Executive and Director leadership.
* Effectively communicates complex issues and concepts (unique insights) in simple ways, to both technical and non-technical senior audiences.
* Strong organisational and time management skills, with the ability to prioritise and delegate tasks to other team members.
* Possesses high work standards and sets ambitious, yet attainable goals. Constantly drives to streamline and simplify to deliver business value.
* Ability to effectively collaborate with colleagues within and across organisational boundaries to achieve mutually successful outcomes.
* Ability to assure the quality of others work supporting them in developing to effectively deliver outputs.
* Ability to expertly use and guide others in the use of Cost and Forecasting management software.
* Ability to draw from best practice across industry to implement changes for improved performance.
* May have experience in line management, coaching and career development of junior members of teams.
* Minimum of HND or equivalent qualification in project management, project controls, engineering, or another related field.
* Cost and Forecasting Specific Qualifications or equivalent.
* Experience in a Project Management environment.
* At least ten years senior level experience in a Cost and Forecasting team in a complex, highly regulated industry (ideally nuclear or energy) working in a role, which requires active integration management and senior level influencing with multiple stakeholders.
* Demonstrable experience of working as an expert in a project controls discipline.
* Expert knowledge of Cost and Forecasting including the tools, and a variety of techniques used to deliver project insight and assess performance.
* Experience of working on a major construction project is desirable but not necessary.
* Experience of working in the Nuclear Industry or other highly regulated industry is desirable but not necessary.
* May have proven leadership experience and experience of supporting a team to maximise the delivery of a team.
Tools and Software
* Microsoft Office software (Excel, Word, PowerPoint, Access)
* Teamcenter (Document Control).
* EcoSys (Cost, Changes, Earned Value Management).
* Power BI (Business Intelligence Analytics).
* SAP (Financial).
Seniority level
Mid-Senior level
Employment type
Full-time
Job function
Project Management
Industries
Construction
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