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Cost Consultant: Key Skills, Qualifications and Career Path

Learn about the key skills, qualifications, and career path for a Cost Consultant

Cost Consultant: Key Skills, Qualifications and Career Path

Learn about the key skills, qualifications, and career path for a Cost Consultant

Practice Interviews Online - Identify your strengths and weakness in a realistic Cost Consultant mock interview, under 10 minutes

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What is a Cost Consultant?

As a Cost Consultant, your role would involve calculating the amount of money, materials and time required to complete a building project. You'd help ensure that projects are completed within budget by working closely with clients and project managers, providing estimations and financial advice.
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Skills

  • Strong analytical and mathematical skills
  • Proficiency in cost estimation software and tools
  • Excellent attention to detail and accuracy
  • Ability to interpret and analyze complex data
  • Strong communication and presentation skills
  • Knowledge of construction industry and cost management principles
  • Ability to work under pressure and meet deadlines
  • Strong problem-solving and decision-making abilities
  • Excellent organizational and time management skills
  • Ability to work collaboratively in a team environment
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Qualifications & Education

  • Professional training and membership of an appropriate professional organisation is required for entry into the field of Cost Estimators in the UK
  • To be eligible for professional examinations, candidates must have GCSEs/S grades and A levels/H grades, a BTEC/SQA award, a degree or equivalent qualification
  • Candidates typically undergo a period of probationary training and professional assessment
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Career Path

Cost Consultant
Quantity Surveyor
Project Manager
Construction Manager
Director of Construction
Estimator
Senior Estimator
Chief Estimator
Contract Administrator
Contracts Manager
Commercial Director
Risk Analyst
Risk Manager
Head of Risk Management
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Frequently Asked Questions

How do I become a cost consultant?

To become a cost consultant in the UK, you typically need a bachelor's degree in a relevant field such as construction management, quantity surveying, or finance. It is also beneficial to gain experience in the industry through internships or entry-level positions. Additionally, obtaining professional certifications, such as the Royal Institution of Chartered Surveyors (RICS) qualification, can enhance your credentials and job prospects. Developing skills in conflict management, innovation, collaborating with others, office politics, long-range planning, sales ability, business trend awareness, and entrepreneurial thinking can also be valuable in this role.

What does a cost consultant do?

A cost consultant, also known as a quantity surveyor, provides advice and estimates to employers regarding the cost of construction works. They help in determining the financial feasibility of a project and ensure that it stays within budget.

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