Cost Consultant

26 Jun 2024

Cost Consultant

Cost Consultant
Location: Fareham
Salary: £45,000 –  £50,000
Competitive benefits 
My client is looking for someone with a mix of technical expertise and interpersonal skills, able to work independently or in small teams. Who has ideally worked in the Space, Defence or Aviation sectors.

Providing the cost estimates and engineering support to help the UK business make better decisions. This role may be working autonomously within customer teams to support business cases with analytical thinking and outcomes, estimating of procurement and in-service costs, or leading workshops with customers and Subject Matter Experts to improve accuracy and understanding of project costs.
Knowledge of Investment Appraisals, Trade Studies, Business Cases, and Cost Benefit Analysis to support stage gate approvals. 
Good knowledge of statistics in support of parametric modelling, sampling, and risk assessment. 

  • Experience in methods of estimating including detailed, comparative, and parametric techniques in support of both hardware and software systems acquisitions and through life support. 
  • Understanding and developing cost estimates that take account of; development, manufacture, and support environments; allowances; overheads; profit, Government Furnished Assets & Resources, historical costs, and Estimating Maturity Assessment levels.
  • Development of robust cost models that satisfy independent Verification & Validation scrutiny. 
  • Knowledge of quantitative assessment of uncertainty, cost, schedule risk assessment and awareness of Risk Management approach and the costing of Risk within the cost models. 
  • Using logical and analytical thinking to solve complex problems for the client. Strives to deliver ahead of targets. 
  • Working in a client’s team to influence strategic decision makers whilst delivering practical solutions.

Responsibilities will include:

  • Working organically in customer teams to deliver rapid turn-around analysis.
  • Delivering technical consulting projects. 
  • Building new relationships and maintaining the relationships we have with our current customers.
  • Assisting in identifying and winning work for a new and growing consultancy. 
  • Using and developing problem structuring methods and a variety of tools and techniques, including novel approaches where required. 

For this role – you will need to obtain or hold UK Clearance – BPSS/SC/DV.