Cost Engineer Job Description

What is the job description of a Cost Engineer? What are the duties and responsibilities of a Cost Engineer? What does a Cost Engineer do?

Job description of a Cost Engineer

Cost Engineers estimate the cost of project . Cost Engineers are able to analyze the requirements and specification of a project and determine the cost involved to launch such a project. The cost engineer is a resource of analytical and organizational power that allows clients to use their money efficiently, a professional who worries about your money before you spend it, so you won’t have to worry afterwards.

This Cost Engineer job description example includes the list of most important Cost Engineer duties and responsibilities as shown below. It can be modified to fit the specific Cost Engineer profile you're trying to fill as a recruiter or job seeker.

Cost Engineer Duties and Responsibilities

Cost Engineer job description should contain a variety of functions and roles including:

  • Use computer software to calculate estimates
  • Evaluate a product’s cost-effectiveness or profitability
  • Develop project plans for the duration of the project
  • Identify and quantify cost factors, such as production time, materials, and labor expenses factors
  • Consult with industry experts to discuss estimates and resolve issues
  • Read blueprints and technical documents in order to prepare estimates
  • Collaborate with engineers, architects, clients, and contractors on estimates
  • Recommend ways to make a product more cost effective or profitable
  • Work with sales teams to prepare estimates and bids for clients
  • Travel to job sites to gather information on materials needed, labor required, and other

Cost Engineer Requirements / Skills / Qualifications

Cost Engineer job description should include these common skills and qualifications:

  • Bachelor’s degree in Accounting, Finance, Business, Engineering or relevant field.
  • X years’ proven experience.
  • Excellent analytical, mathematical, and problem-solving abilities.
  • Superb communication and presentation skills.
  • Aptitude to succeed in a stressful and deadline oriented environment.
  • Solid understanding of spreadsheets like MS Excel.

As a hiring manager, recruiting an ideal Cost Engineer starts with crafting a good job description. Use this Cost Engineer job description template to save yourself time and help you attract the most qualified candidates. Feel free to revise it to meet your specific needs.

Job seekers interviewing for the role of a Cost Engineer may also reference it in preparation for the interview.

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