What is a cost engineer?
As a producer/evaluator of facts, the cost engineer perceives and explains risks to the client, as well as offering possible solutions. The cost engineer is a resource of analytical and organizational power that allows clients to use their money efficiently, a professional who worries about your money before you spend it, so you won’t have to worry afterwards. Cost Engineering in the Past Economic systems developed as the earliest evidence of civilization, and, although there was no profession specifically called cost engineering in the time of antiquity, there was certainly some means whereby costs, time and materials were managed. The ruins of ancient cities are proof that the costs of large scale construction could be successfully negotiated even then. History suggests that the Egyptian kings had a chief administrator and a staff of kinsmen working on the pyramids. Were some of these ancients “cost engineers”? You bet! Cost Engineering Now The activity of determining costs for const