Senior Cost Engineer

Company: QinetiQ
Apply for the Senior Cost Engineer
Location: Farnborough
Job Description:

Overview

In this Senior Cost Engineer role you support complex, lifecycle-spanning cost engineering for LCМ 4 projects across bids and delivery. You will develop estimates, BoE documentation, and cost/risk analyses, while maintaining cost engineering tools and providing specialist guidance. You’ll collaborate with project teams to drive best-practice cost engineering across programmes, ensuring robust decision support. The role combines technical cost analysis with governance, assurance, and cost control to enable successful, cost-aware programmes. This opportunity offers hands-on impact in defence technology and a clear pathway to influence major bids and projects.

Responsibilities

  • Drive cost engineering best practices across bids, projects and programmes
  • Develop and maintain high-quality estimates and basis of estimate using diverse methods
  • Produce cost engineering reports to support decision making
  • Provide recommendations and guidance on cost engineering approaches to project teams
  • Lead and guide very complex (LCM 4) projects in implementing cost solutions
  • Develop and implement Cost Assessment and Analysis models (e.g., QCRA) and interpret results

Key requirements

  • Deep knowledge and experience in cost engineering across full project lifecycles
  • In-depth use of quantitative analysis techniques
  • Understanding of project management, governance, assurance, and cost control practices
  • Commercial and financial awareness in project environments (desirable)
  • Cost engineering methods and techniques
  • Basis of Estimate (BoE) development
  • Quantitative Cost Risk Analysis (QCRA)
  • Cost control and reporting
  • Data analysis and reporting
  • Governance and assurance practices

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Posted: October 11th, 2026