Cost Engineer Resume Samples - Page 2

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Cost Engineers understand competitive costs and define proper scope and execution strategies for the business. Resumes in this field highlight such responsibilities as communicating with the cost and planning team on a daily basis, providing the business analyst with end-of-month information for year-end projection reporting, and interacting with contractor timekeepers as required for data collection. Example resumes indicate that this position requires a Bachelors or Masters of Science in Engineering with 12 or more years of relevant experience in process, equipment, design or construction engineering.

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11

Project Cost Engineer

Closed three $50M construction projects of military bases housing thousands of personnel and including roadways, barracks, offices, water treatment and sewer facilities, and electrical generation.

  • Establish cost reporting system for a $1 billion firm fixed price, 15-project post-Katrina rebuild program.
  • Performed all FAR compliant reporting for internal and external clients.
  • Developed, monitored and updated project budgets, accruals, schedules and forecasts.
  • Provided general ledger and cost coding for requisitions, purchase orders and invoices.
  • Prepared internal and external Earned Value Management Reports (EVMS), CFSR Form 1568, CSSR Form 2735, SPI, CPI and variance analysis reports.
  • Completed extensive job costing, budgeting and forecasting with bi-weekly VAC, EAC and ETC analysis, explanations and suggested corrective actions.
  • Ensured complete cost and schedule integration in collaboration with project managers, accounting personnel, and estimators.
  • Analyzed contract / purchase order cost performance and review status of committed costs against approved budgets.
  • Developed options for corrective action, analyze alternatives and present recommendations to contract and project management with special attention to anticipating variables and develop contingencies to manage large projects in hazardous and dynamic work environment.
  • Projected weekly cash outlays and maintain cash requirements for project funding; accurately forecast cash requirements for project related cash purchasing with daily review of invoices to ensure correct assignment of actual costs.
Candidate Info
6
years in
workforce
3
years
at this job
AAS
Accounting
BS
Accounting
12

Cost Engineer

Responsible for the preparation of capital and expense projects including proposal development, equipment list, cost reports, estimates and change orders.

  • Established an engineering and equipment cost report.
  • Managed all expenditures for subcontractors and vendors.
  • Acted as liaison between the client and contractor during the monthly review of all cost and schedules.
  • Developed a ten-year cost forecast report for the pulp and paper industry that was used to forecast future capital spending.
Candidate Info
19
years in
workforce
5
years
at this job
BS
Construction Technology
13

Senior Cost Engineer

Provided technical engineering support and cost estimates on new and existing business. Reported directly to VP of Business Development.

  • Reduced quotation lead time from five or more days to the same day or even less than one hour, as well as eight steps down to two. Impacted more quotes in less time, meeting and exceeding customer's request.
  • Led and played key roles on many internal continuous improvement (CIT) and rapid continuous (RCI) teams, reducing product cost and bringing profit to bottom line, reducing scrap and improving productivity.
  • Compared actual cost with estimates to determine variances and analyzed excessive variances to obtain reason; followed up and investigated such variations and recommended corrective actions.
  • Simplified and initiated use of new quotation format, converting from Lotus 123 program to MS Excel; fewer errors and more quotes processed.
  • Tied in quoting program with final quotation form and production routers (specs), reducing many duplicated steps or entries and eliminating time and errors.
  • Completed customer required documents such as customer cost breakdowns and on-line quotations as needed.
Candidate Info
18
years in
workforce
11
years
at this job
Business Administration
14

Senior Cost Engineer

Provided technical engineering support and cost estimates on new and existing business. Reported directly to VP of Business Development.

  • Reduced quotation lead time from five or more days to the same day or even less than one hour, as well as eight steps down to two. Impacted more quotes in less time, meeting and exceeding customer's request.
  • Led and played key roles on many internal continuous improvement (CIT) and rapid continuous (RCI) teams, reducing product cost and bringing profit to bottom line, reducing scrap and improving productivity.
  • Compared actual cost with estimates to determine variances and analyzed excessive variances to obtain reason; followed up and investigated such variations and recommended corrective actions.
  • Simplified and initiated use of new quotation format, converting from Lotus 123 program to MS Excel; fewer errors and more quotes processed.
  • Tied in quoting program with final quotation form and production routers (specs), reducing many duplicated steps or entries and eliminating time and errors.
  • Completed customer required documents such as customer cost breakdowns and on-line quotations as needed.
Candidate Info
28
years in
workforce
11
years
at this job
Business Administration
15

Cost Engineer

  • Organized all Direct Material Productivity (cost saving) efforts for Gas Turbine Accessories Piping & Packaging Team.
  • Interpreted drawings, specifications, and bills of material for cost estimation of piping systems.
  • Analyzed inflation and productivity numbers by setting budgets for piping systems and comparing
  • Issued design change instructions for cost savings projects resulting in an estimated savings of about $1M in 2008.
Candidate Info
1
year in
workforce
1
year
at this job
BS
Mechanical Engineering
16

Affordability Task Lead/cost Engineer

Raytheon is a $24B per year technology and innovation leader, specializing in defense, homeland security and other government markets throughout the world. Raytheon provides state-of-the art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems, as well as a broad range of mission support services.

  • Coordinated cost management efforts for various systems / products therein.
  • Provided leadership in Cost As an Independent Variable (CAIV) and Life Cycle Cost (LCC) activity against program requirements.
  • Developed both technical and cost proposals for various programs.
  • Worked with design engineering, integrated supply chain (ISC), engineering IPTL's, program management and manufacturing to develop cost models and perform cost performance optimization trade studies, design to cost, design to unit production cost, cost as a requirement (CaaR), Should -cost parametric modeling and Total Ownership Cost modeling.
  • Acted as the prime contact responsible for guiding the successful completion of technical and managerial cost engineering activity on projects/programs within IDS while applying technical expertise and knowledge of other related disciplines to develop solutions to complex problems and ensure CAIV contract requirements are completed on schedule and budget.
  • Applied and used EVMS and early indicator metrics such as CPI, SPI, and TCPI to identify and address adverse trends relative to section performance.
  • Supported DFMA and DFSS Workshops as a Six Sigma Principle Specialist, revealing and differentiating system cost drivers through the creation of BoM (Bill of Material) rolled up cost models and through subsequent financial graphical reporting.
Candidate Info
16
years in
workforce
4
years
at this job
BS
Marine Engineering
MS
Operations Management
Project Management
17

Cost Engineer 3

Recognized by Boeing Senior Management for independently developing a unique tool for analyzing resource requirements while assigned to a premier cost-reduction initiative. Settled two 1-year old supplier assertions saving Boeing nearly $2 Million, during the first three months on the job.

  • Developed and implemented multiple lean, cost-saving manufacturing and fabrication processes, ranging from machined metallic and CFRP composite detail parts, up to and including final assembly of small aircraft.
  • Evaluated and proposed alternative designs, build methods, and procurement strategies of parts and assemblies for 737, 747-8, 777, and 787 aircraft by reviewing CATIA V5 engineering drawings, Boeing Material/Process Specifications, bills of material, and sourcing strategies.
  • Trained in processing and handling of metals, polymers and composites, sealants and finishes, ceramics, and electronic materials.
  • Applied knowledge of structures, materials strengths and properties, design criteria, loading conditions, FEM / finite element analysis, and design processes.
  • Familiar with Advisory Circular […] - Acceptable Methods, Techniques, and Practices - Aircraft Inspection and Repair, as well as various Parts of the Federal Aviation Regulations.
  • Expert user of Microsoft Excel and other Office applications, including Visual Basic.
  • Developed methods for generating and evaluating forecasts of production rates, resource requirements, long range business plans, seasonality, customer demand, capacity planning, and contractual requirements.
  • Performed various economic analyses including net present value, internal rate of return, return on investment, break-even, cost-estimating relationships, and sensitivity analysis. Presented findings to cross-functional teams, management, and customers.
  • Analyzed, negotiated, and settled supplier cost assertions.
  • Conducted time and motion studies, and collected and analyzed data for statistical quality control.
Candidate Info
8
years in
workforce
3
years
at this job
BS
Industrial Engineering
Aircraft Composite Materials
18

Cost Engineer

Responsible for development and maintenance of the design and construction change process for a $225 million airport terminal

  • Evaluated design and construction cost changes
  • Coordinated change documents from several architect/engineering firms and approximately 25 prime contractors and numerous subcontractors
  • Processed approximately 1000 design related cost changes and 500 field related cost changes
  • Coordinated the flow of all change process documents
Candidate Info
26
years in
workforce
3
years
at this job
BS
Business Management
MS
Design Drafting
19

Project Controls Cost Engineer

Worked closely with project management to provide cost estimates/cost plans for multiple projects. Utilized cost plans to prorate funding and increase/decrease budget amounts. Incorporated budgets and budget changes into the cost processor (PRISM).

  • Used PRISM system to open job numbers, increase funding and track end dates at contract and job levels, incorporate WBS structures and budgets in each job, as well as, implementing and approving budget changes mandated by DOE.
  • Tracked subcontractor costs and hours for monthly accrual information. Reviewed billings from subcontractors to ensure accuracy and billing to appropriate jobs.
  • Coordinated weekly budget/hour status updates and project meetings.
  • Monthly Project Cost Summaries (PCS) for multiple projects, which involve gross profit and revenue estimates, as well as, Estimates at Completion (EAC).
  • Maintained project files, which include job opening packages, subcontracting task orders, invoices from subcontractors, and invoices to clients.
Candidate Info
2
years in
workforce
2
years
at this job
BS
Organizational Management
20

Senior Manufacturing Cost Engineer

Responsible for manufacturing cost estimates for sales proposal bids for multi-million dollar projects for Liquid Natural Gas Pressure vessels and related air separation equipment.

  • Provide manufacturing costs to support upcoming project bids.
  • Analyze methods for cost reductions and method improvements. Develop new cost estimating programs as new technology is implemented, including time studies of new processes.
  • Update and track costs of current projects through completion. Ensure scope changes are documented and the related costs are reviewed and implemented into the forecasted costs and work load hours.
  • Actively participate on the Continuous Improvement team.
  • Perform safety checks in the shop and office areas to identify unsafe conditions and that employees are using proper Personal Protection Equipment.
Candidate Info
18
years in
workforce
5
years
at this job
BS
Industrial Management

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