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