Senior Cost Manager Job Description

The Clarkson Alliance are consultant project managers, we provide the necessary skills,
knowledge and expertise to deliver projects on behalf of our clients.

You will work in a support role to our Project Managers producing cost plans, providing cost
advice, undertaking procurement activities and carryout post contract cost control. The ideal
candidate will be educated to degree standard, professionally qualified (RICS) and have
operated within a consultant capacity for a minimum of 5 years. You will also possess a
proven track record of cost planning and managing costs on complex construction projects
so that the projects are delivered within budget. This position is ideal suited to experienced
Cost Managers who may be seeking to embark on a career in Project Management.

Experience in cost planning and managing costs in the Education, Heritage, and Sport and
Leisure sectors is desirable.

Position: Senior Cost Manager
Business Unit / Location: TCA London Office
Reporting to: Director of the London Office
Candidate should ideally reside within commuting distance of central London.

Job Purpose
To deliver high quality facilities to our customers on time and within budget.

Roles and Responsibilities

Inception

1. Prepare an initial feasibility budget which identifies the expenditure into elements
and will be prepared in sufficient detail to allow the Project Team to develop their
design within the overall cost limits.
2. Establish with the Project Manager the project priorities in respect of quality, time
and cost.
3. Undertake cost studies as required to enable the Project Team to consider all
options in order to proceed with the optimum scheme.
4. Consider and advise upon best value procurement options and present to The
Project Manager for consideration.
5. Provide project costs for business case calculations to justify investment in the
project.
6. Conduct Value Management workshops with the project team

Design Development

1. Conduct Value Management workshops with the project team
2. Prepare a detailed cost plan for the project against the designs developed at each
stage of the project.
3. Closely monitor design development against the cost plan throughout.
4. Evaluate alternative design solutions.

Senior Cost Manager Job Description


5. Identify any changes to the design proposals or the client brief and assess the time
and cost implications and report these to the Project Manager.
6. Carry out Life cycle cost calculations to ascertain the feasibility of alternative
solutions.
7. Cost sustainability options to evaluate payback periods and calculate return on
investment.
8. Prepare a detailed pre-tender estimate and submit to the Employer prior to inviting
tenders.
9. Assist with the selection of contractor tender list which will reflect the team spirit
and aspirations of the project.
10. Prepare a cashflow forecast for the project and regularly update this throughout the
currency of the project.
11. Monitor expenditure against the cashflow profile and advise the Project Manager on
any variances.
12. Upon receipt of tenders, prepare tender report and recommend appointment of the
most suitable contract.
13. Conduct Value Engineering workshops with the project team

Procurement

1. Advise on documents required for each tender package
2. Prepare and advise on package budget
3. Participate in pre-tender interviews
4. Prepare scope of works
5. Schedule of attendances
6. Schedule of rates
7. Instructions to tenderers
8. Contract Data part one
9. Compile site information
10. Undertake pre-tender estimate
11. Undertake package review and prepare budget savings if required
12. Compile tender documents
13. Prepare invitation to tender
14. Confirm Tenderers
15. Participate in mid-bid interview
16. Administrate tender queries
17. Attend tender opening
18. Prepare and circulate tender opening sheet
19. Circulate tender responses as appropriate
20. Review and analyse tenders
21. Participate in post tender interviews
22. Agree to tender adjustments to ensure compliance and completeness
23. undertake package savings exercise if required
24. Agree to Contract Data Part Two
25. Agree Activity Schedule
26. Participate in pre-order meeting

Senior Cost Manager Job Description


27. Prepare recommendation
28. Prepare contract documents
29. Arrange contract signing meeting.

Cost Management

1. Prepare, advise and respond to early warnings
2. Record the actual cost of works carried out by the Contractor on a Compensation
Event
3. Make Project Managers Assessments of Compensation Events
4. Attend risk reduction meetings
5. Enter early warnings in the Risk Register
6. Maintain the Risk Register
7. Agree Compensation Events with the Contractor within the Cost Managers
delegated level of authority.
8. Seek authority from the Project Manager on matters which exceed the Cost
Managers delegated level of authority.
9. Prepare monthly cost report
10. Attend monthly cost meetings
11. Carry out payment assessments
12. Certify payment assessments within one week of each assessment date

Through out the Project

1. Lead and manage all cost aspects of the project on behalf of the Project Manager.
2. Report to The Clarkson Alliance Project Manager.