Millbank
Cost Manager

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Do you have experience in cost management, cost control and forecasting on major programmes, infrastructure, engineering or construction projects? Have you used cost management tools such as PRISM, EcoSys, Cobra, or similar systems, alongside advanced Excel reporting and analysis? Would you like to play a key role in delivering one of the UK's most significant infrastructure programmes while developing your career with a global engineering and project delivery organisation?
The Opportunity
Joining an established Project Management Office (PMO), you will play a key role in providing accurate cost performance information, supporting effective decision making and ensuring project delivery remains aligned with approved budgets and forecasts.
In return, you will have the opportunity to work within a collaborative Project Controls environment, benefit from flexible and hybrid working arrangements, receive support for professional development, and contribute to a project that will have long term national impact.
Your duties and responsibilities will be
- Support the implementation and continuous improvement of cost management processes, systems and reporting tools
- Monitor and analyse project cost performance using established project controls methodologies
- Support project teams with forecasting activities, including Estimate at Completion (EAC) and Estimate to Complete (ETC)
- Track actual project costs against approved budgets and cost breakdown structures
- Assist with budget updates, cost-re-based exercises and forecasting cycles
- Review and analyse change requests to ensure accurate cost allocation and budget alignment
- Work closely with Commercial and Finance teams to support accrual reporting and cost assurance activities
- Produce accurate cost reports and performance information for project stakeholders
- Provide support and guidance to users of cost management systems and tools
- Contribute to earned value analysis and performance reporting activities
Reasons to use Rodeo
I’m in my final year doing Economics and I don’t know whether to apply for grad schemes now or do a masters first. What do you think?
Honest answer — it depends on where you want to end up. A lot of top grad schemes (Big 4, civil service, banking) don’t need a masters. Let’s look at the ones you’d be competitive for now, and we can decide if a masters actually adds anything.
Also worth knowing: most autumn 2026 applications are open now. Timing matters more than you think.
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Graduate Consultant — 2026 Scheme
Why you're a good match
StrongYour economics background and your summer at a regional bank line up with what PwC looks for on the consulting scheme. Applications close in four weeks.
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Why you're a good match
You’ve got the grades and the economics background, and your bank internship is exactly the experience this scheme looks for. Apply soon — deadlines close within the month.
Experience fit
Your summer at the bank plus your econometrics coursework map directly to the day-one responsibilities on this scheme — client modelling, market briefings, and deal support.
Only hits
No noise. No "maybe this fits." Just roles with a clear explanation of why they're right — and where to focus when applying.
You will have the following qualifications & experience:
- Experience in cost management, cost control and forecasting within major programmes or large scale infrastructure projects
- Strong understanding of project cost management principles and earned value management (EVM)
- Experience using cost management systems such as PRISM, EcoSys, Cobra or equivalent
- Advanced Microsoft Excel and Microsoft Office skills
- Strong analytical, problem solving and communication abilities
- Degree qualified, or equivalent experience, in a relevant discipline


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It’s great if you also have the following
- Experience within engineering, infrastructure, energy, utilities or nuclear projects
- Knowledge of engineering, procurement, contracts and construction delivery processes
- Experience working within integrated Project Controls teams
- Professional membership with a relevant industry body such as ACostE, APM or RICS
- Experience supporting complex, multidisciplinary project environments
The setting for the role
This position is offered on a hybrid working basis, with regular attendance required at the project location in Leiston, Suffolk. You will work as part of an integrated Project Controls team within the Project Management Office, collaborating closely with Project Controls, Commercial, Finance and wider project delivery teams. The role supports a major UK infrastructure programme and offers exposure to complex, high value projects within a professional and supportive environment.
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