Job Title : Cost Engineer

Experience : 5 to 8 Years

Location : Bengaluru

Roles & Responsibilities
Develop and maintain Work Breakdown Structures (WBS) and Cost Breakdown Structures (CBS) for effective project planning and budgeting.
Prepare project cost estimates, budgets, schedules, and project control plans.
Support project funding, financial planning, and budget approval documentation.
Configure and manage cost control systems, ensuring integration with accounting and procurement systems.
Monitor project costs, earned value, progress, and performance against approved budgets and schedules.
Prepare monthly cost reports, project forecasts, and financial performance updates.
Implement and manage Cost Management of Change (CMOC) processes and budget revisions.
Support project risk management, contingency planning, and cost assurance activities.
Analyze project variances, identify cost risks, and recommend corrective actions.
Conduct project reviews and contribute to continuous improvement initiatives for cost engineering processes.

Requisites




Bachelor//'s degree in Engineering, Construction Management, Project Management, or a related field.
Solid knowledge of Cost Engineering, Project Controls, Cost Estimation, Planning, Scheduling, and Cost Forecasting.
Experience in project budgeting, earned value management, cost tracking, and financial reporting.
Understanding of capital project execution, project management systems, and project lifecycle management.
Knowledge of Cost Management of Change (CMOC), risk assessment, and contingency planning.
Proficiency in project planning, scheduling, and cost control methodologies.
Robust analytical, problem-solving, and financial analysis skills.
Excellent communication, stakeholder management, and collaboration skills.
Detail-oriented with the ability to identify cost variances and recommend solutions.
Familiarity with industry cost engineering standards, best practices, and project

📌 Cost Engineer Bengaluru
🏢 MASTER MIND CONSULTANCY
📍 Bengaluru