How much does a Cost Engineer I make in Louisiana? The average Cost Engineer I salary in Louisiana is $66,788 as of February 26, 2024, but the range typically falls between $60,658 and $74,782. 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.

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Cost Engineer I Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Cost Engineer I Salary $55,077 LA February 26, 2024
25th Percentile Cost Engineer I Salary $60,658 LA February 26, 2024
50th Percentile Cost Engineer I Salary $66,788 LA February 26, 2024
75th Percentile Cost Engineer I Salary $74,782 LA February 26, 2024
90th Percentile Cost Engineer I Salary $82,060 LA February 26, 2024
25% $60,658 10% $55,077 90% $82,060 75% $74,782 $66,788 50%(Median) Didn’t find job title? Click
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What skills does a Cost Engineer I 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.

Quotations: A quotation is the repetition of a sentence, phrase, or passage from speech or text that someone has said or written. In oral speech, it is the representation of an utterance that is introduced by a quotative marker, such as a verb of saying.

3.

Procurement: Procurement is the process of finding and agreeing to terms, and acquiring goods, services, or works from an external source, often via a tendering or competitive bidding process. Procurement is used to ensure the buyer receives goods, services, or works at the best possible price when aspects such as quality, quantity, time, and location are compared. Corporations and public bodies often define processes intended to promote fair and open competition for their business while minimizing risks such as exposure to fraud and collusion. Almost all purchasing decisions include factors such as delivery and handling, marginal benefit, and price fluctuations. Procurement generally involves making buying decisions under conditions of scarcity. If sound data is available, it is good practice to make use of economic analysis methods such as cost-benefit analysis or cost-utility analysis.

Analysis 9.33%
Quotations 2.85%
Procurement 1.27%
Others 86.55%

Job Description for Cost Engineer I

Cost Engineer I 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 I 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 I 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 I work is closely managed. Works on projects/matters of limited complexity in a support role. To be a Cost Engineer I typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Cost Engineer I in Louisiana

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Location Avg. Salary Date Updated
Location Abbeville, LA Avg. Salary $63,672 Date Updated February 26, 2024
Location Abita Springs, LA Avg. Salary $68,209 Date Updated February 26, 2024
Location Acme, LA Avg. Salary $61,674 Date Updated February 26, 2024
Location Addis, LA Avg. Salary $66,015 Date Updated February 26, 2024
Location Aimwell, LA Avg. Salary $61,674 Date Updated February 26, 2024
Location Akers, LA Avg. Salary $67,723 Date Updated February 26, 2024
Location Albany, LA Avg. Salary $65,453 Date Updated February 26, 2024
Location Alexandria, LA Avg. Salary $62,236 Date Updated February 26, 2024
Location Ama, LA Avg. Salary $68,621 Date Updated February 26, 2024
Location Amelia, LA Avg. Salary $65,453 Date Updated February 26, 2024

Career Path for Cost Engineer I

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 I, the first career path typically starts with a Planner/Scheduler II - Construction position, and then Planner/Scheduler IV - Construction.

The second career path typically starts with an EHR Project Manager position, and then progresses to EHR Project Manager, Sr..

The third career path typically starts with a Project Manager II position, and then progresses to Project Manager IV.

Additionally, the fourth career path typically starts with a Program Supervisor position, and then progresses to Program Manager.

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Cost Engineer I Salary in Louisiana
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