Necessary skills for Cost Engineer: skills and requirements

General requirements of a Cost Engineer

• Bachelor's degree in engineering, mathematics, economics, finance or a related field
• At least 5 years of experience in cost engineering or a related field
• Expert knowledge of cost engineering principles, methods and best practices
• Proficiency in data analysis and financial modeling
• Strong problem-solving and communication skills

Skills and Behaviours for a Cost Engineer

Contract management
Contract Management Contract Terms
Cost control
Standard Costs
Customer Service
Complaint Management
Pricing
Pricing Analysis
Sales Admin & Operations
Quotations
Supplier Performance Management
Supplier Assessment Supplier Performance Management Supplier metrics
Analytical thinking
Gathering information and data Identifying cause and effect relationships
Planning and organizing
Clarifying expectations of self and others Goal setting, planning and priorization Taking timely actions to ensure obligations are met
Problem solving
Identifying and anticipating problems Implementing solutions Making fact based decisions to solve problems Working with others to solve problems

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