Cost Engineering Consultant

Job Description

Cost Engineering Consultant – MOD


Our client are a professional services and technology partner to global, defence, energy, space and intelligence & communications programmes.


As a Cost Engineering Consultant, you will be providing the cost estimates and engineering support to help the UK MOD and industry make better decisions. This may be working autonomously within customer teams to support business cases with analytical thinking and outcomes, estimating of procurement and in-service costs, or leading workshops with customers and Subject Matter Experts to improve accuracy and understanding of project costs.


Responsibilities for the Cost Engineering Consultant will include:

  • Delivering technical consulting projects.

  • Identifying and winning work within mission, business and safety critical programmes and systems.

  • Building new relationships and maintaining the relationships with their current customers.

  • Using and developing problem structuring methods and a variety of tools and techniques, including novel approaches where required.

  • Support the project teams through review of plans and proposals ensuring value for money and ensuring delivery of plans is as required.

  • Working organically in customer teams to deliver rapid turn-around analysis or using one of the company’s offices as a team hub from which to plan and deliver tasks.


Essential Requirements:

  • Knowledge of Investment Appraisals, Trade Studies, Business Cases, and Cost Benefit Analysis to support stage gate approvals.

  • Good knowledge of statistics in support of parametric modelling, sampling and risk assessment.

  • Independent Cost Estimating. Experience in methods of estimating including; detailed, comparative and parametric techniques in support of both hardware and software systems acquisitions and through life support.

  • Understanding and developing cost estimates that take account of; development, manufacture and support environments; allowances; overheads; profit, Government Furnished Assets & Resources, historical costs, and Estimating Maturity Assessment levels.

  • Cost Model Development. Development of robust cost models that satisfy independent Verification & Validation scrutiny.

  • Cost / Schedule Risk Analysis. Knowledge of quantitative assessment of uncertainty, cost and schedule risk assessment.

  • Independent Verification and Validation audit against 3rd party supplied cost models.

  • Knowledge of Earned Value Management. Understand the techniques and formulas used to create EV outputs. Have experience in managing data and processing the outcomes to deliver analysis of results.

  • Using logical and analytical thinking to solve complex problems for the client. Strives to deliver ahead of targets.

  • Working in a client’s team to influence strategic decision makers whilst delivering practical solutions.

  • Be a trusted individual who can perform when working as part of a team or when acting independently with support from colleagues.

  • Be articulate with good presentation and written communication skills.

  • Be a member of an appropriate professional body (such as ICEAA, ACostE) and have a desire for further professional development.

  • Be dependable, committed and have a genuine enthusiasm to contribute to the growth of a successful business.

  • The ideal candidate will be educated to degree level (or have experience that will enable them to meet ICEAA or AcostE membership criteria).


Preferred but not essential:

  • Knowledge of and application of Visual Basic.

  • Experience as a cost engineering consultant in DE&S, wider MOD or public sector project environment.

  • Application of Risk tools such as @Risk.


Travel UK wide 


Keywords:  Cost Engineering, Defence, MOD, DE&S, ICEAA, ACostE, @Risk, Risk tools, Analysis, Risk Management, EVM


Cost Engineering Consultant – MOD

Salary:  £35,000 to £55,000 plus 25 days holiday, pension and other benefits

Location:  Fareham, Hampshire / Bristol / Wincanton, Somerset