Cost Modeler – 12 Month Contract

Our client, a global organisation, urgently require an experienced Cost Modeler to undertake a 12 month contract, starting immediately.

Requirements

In order to be successful, you will have the following experience:

• Highly experienced in developing and maintaining complex cost models within Defence or Government
• Strong understanding of cost estimating methodologies and cost modelling principles.
• Experience supporting major programmes, business cases or complex procurement activities
• DV Clearance is essential

Responsibilities

Within this role, you will be responsible for:

• Develop and maintain detailed cost models for defence programmes, systems and services
• Produce Whole Life Cost (WLC), Through Life Cost (TLC) and Cost Benefit Analysis (CBA) assessments
• Support the development of Strategic Outline Cases (SOC), Outline Business Cases (OBC) and Full Business Cases (FBC)
• Undertake affordability assessments, investment appraisals and option evaluations
• Analyse cost drivers, assumptions, risks and uncertainties impacting programme delivery
• Conduct sensitivity analysis, scenario modelling and Monte Carlo simulations where appropriate
• Develop estimating methodologies using parametric, analogous and bottom-up costing techniques
• Support procurement and commercial activities by providing cost assurance and independent cost estimates
• Present cost model outputs and recommendations to senior MoD stakeholders and programme leadership
• Work collaboratively with engineering, finance, project controls and commercial teams to ensure cost models are aligned with programme baselines
• Ensure compliance with MoD, HM Treasury Green Book and defence acquisition best practice
• Contribute to cost estimating standards, processes and continuous improvement initiatives