How much does a Cost Engineer V make in Texas? The average Cost Engineer V salary in Texas is $150,591 as of April 24, 2024, but the range typically falls between $132,025 and $169,969. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Cost Engineer V Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Cost Engineer V Salary $115,123 TX April 24, 2024
25th Percentile Cost Engineer V Salary $132,025 TX April 24, 2024
50th Percentile Cost Engineer V Salary $150,591 TX April 24, 2024
75th Percentile Cost Engineer V Salary $169,969 TX April 24, 2024
90th Percentile Cost Engineer V Salary $187,612 TX April 24, 2024
25% $132,025 10% $115,123 90% $187,612 75% $169,969 $150,591 50%(Median) Didn’t find job title? Click
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What skills does a Cost Engineer V need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

Construction Accounting: A form of project accounting applied to construction projects. Construction accounting is a vitally necessary form of accounting, especially when multiple contracts come into play.

3.

Health Care: Health care or healthcare is the improvement of health via the prevention, diagnosis, treatment, amelioration, or cure of disease, illness, injury, and other physical and mental impairments in people.

Analysis 8.02%
Construction Accounting 2.78%
Health Care 1.54%
Others 87.66%

Job Description for Cost Engineer V

Cost Engineer V develops and implements cost control procedures, documents, and tools to support and enhance project budget management. Collects and coordinates procurement and other cost information used to develop cost forecasting, cost control strategies, and project risk analysis. Being a Cost Engineer V performs data analysis to identify project trends and budget deviations and highlight cost underruns and overruns. Has extensive technical knowledge of processes and materials specific to the type of project. Additionally, Cost Engineer V experienced with the cost-estimating methods best suited to the nature of the project. Requires a bachelor's degree. Typically reports to a supervisor or manager. The Cost Engineer V works autonomously. Goals are generally communicated in "solution" or project goal terms. May provide a leadership role for the work group through knowledge in the area of specialization. Works on advanced, complex technical projects or business issues requiring state of the art technical or industry knowledge. To be a Cost Engineer V typically requires 10+ years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Cost Engineer V in Texas
  • We are currently hiring a Senior Cost Engineer for our client based in the Houston, TX area. This will be a 2 plus year contract and is a remote work from ...
    - 3 Days Ago
  • Role. Cost/Schedule/Controls Engineer. Our Vision. Workrise is where the best workers power the world’s most successful projects. We are united by a common...
    - 4 Days Ago
  • We put the. unity. in "opport. unity. ". Opportunity Snapshot. Compensation: $95/hour. Location: Spring, TX. Assignment Duration: 12 months+. Work Schedule...
    - 4 Days Ago
  • Our major client is seeking a Cost Controls Engineer to work within their facilities located in Spring, TX for a 12-month assignment. Main Functions. The C...
    - 5 Days Ago
  • Requisition ID: 276465. Relocation Authorized: National - Accompanied. Telework Type: Full-Time Office/Project. Work Location: Brownsville, TX. Since 1898,...
    - 3 Days Ago

Select a city to view specific salary and bonus information for Cost Engineer V

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Location Avg. Salary Date Updated
Location Abbott, TX Avg. Salary $136,593 Date Updated April 24, 2024
Location Abernathy, TX Avg. Salary $136,747 Date Updated April 24, 2024
Location Abilene, TX Avg. Salary $137,516 Date Updated April 24, 2024
Location Ace, TX Avg. Salary $147,206 Date Updated April 24, 2024
Location Ackerly, TX Avg. Salary $136,131 Date Updated April 24, 2024
Location Addison, TX Avg. Salary $151,821 Date Updated April 24, 2024
Location Adkins, TX Avg. Salary $145,053 Date Updated April 24, 2024
Location Adrian, TX Avg. Salary $138,592 Date Updated April 24, 2024
Location Afton, TX Avg. Salary $136,131 Date Updated April 24, 2024
Location Agua Dulce, TX Avg. Salary $143,207 Date Updated April 24, 2024

Career Path for Cost Engineer V

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Cost Engineer V, the first career path typically progresses to EHR Project Manager, Sr..

The second career path typically starts with a Project Management Supervisor position, and then progresses to Project Management Manager.

The third career path typically progresses to Program Manager.

Additionally, the fourth career path typically starts with a Project Cost Control Team Leader position, and then progresses to Project Controls Manager.

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Cost Engineer V Salary in Texas
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