Cost Engineer / Quantity Surveyor
What do Cost Engineers / Quantity Surveyors do?
A Cost Engineer or Quantity Surveyor in the nuclear industry plays a crucial role in managing the financial aspects of nuclear projects, ensuring they are completed within budget and on time. Their primary responsibility is to estimate and monitor costs throughout the project lifecycle, from initial planning to completion. This involves analysing project specifications, identifying potential risks, and developing cost, schedule and risk control measures to mitigate them. They work closely with project managers, engineers and contractors to track expenses, prepare cost reports and forecast future expenditures. Additionally, they are involved in contract management, negotiating with suppliers and subcontractors to secure favourable terms and pricing. Their goal is to optimise project costs while maintaining quality, safety and regulatory compliance.
Typical duties and responsibilities of a Cost Engineer / Quantity Surveyor
- Estimating, monitoring and analysing costs throughout nuclear projects – including construction, maintenance, and decommissioning. This is to identify cost or schedule variations and implement corrective actions, as well as determine quantity of materials needed.
- Collaborating with project teams to develop cost forecasts and financial models.
- Managing contracts and procurement processes, negotiating terms and prices with suppliers and vendors.
Skills and knowledge required to be a Cost Engineer / Quantity Surveyor
- Strong mathematical and analytical skills in cost estimation and financial analysis.
- Proficiency in project management software and cost-estimating tools.
- Excellent communication and negotiation skills for interacting with stakeholders.
- Understanding of contractual terms and legal aspects of procurement.
- Ability to work effectively in a team and adapt to changing project requirements.
How do I become a Cost Engineer / Quantity Surveyor?
University
You can pursue a degree in Quantity Surveying or Commercial Management. Alternatively, a conversion course can follow related fields such as Civil Engineering. Look for accredited programmes that offer courses in cost estimating and project management as this will align better with Cost Engineer or Quantity Surveyor but isn’t required.
Some related fields such as Civil Engineering require a conversion course.
Apprenticeship
Consider apprenticeship programs offered by construction companies, engineering firms, or government agencies. These programs provide hands-on training and classroom instruction while earning a salary and gaining experience.
Working towards the role
Start your career in entry-level positions such as assistant estimator, project coordinator, or junior quantity surveyor. Gain experience and skills on the job, whilst pursuing further education or certifications to advance in your career.
