How much does a Cost Engineer V make in Tennessee? The average Cost Engineer V salary in Tennessee is $140,632 as of February 26, 2024, but the range typically falls between $123,287 and $158,721. 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 V Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Cost Engineer V Salary $107,496 TN February 26, 2024
25th Percentile Cost Engineer V Salary $123,287 TN February 26, 2024
50th Percentile Cost Engineer V Salary $140,632 TN February 26, 2024
75th Percentile Cost Engineer V Salary $158,721 TN February 26, 2024
90th Percentile Cost Engineer V Salary $175,191 TN February 26, 2024
25% $123,287 10% $107,496 90% $175,191 75% $158,721 $140,632 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 Tennessee

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Location Avg. Salary Date Updated
Location Adams, TN Avg. Salary $138,520 Date Updated February 26, 2024
Location Adamsville, TN Avg. Salary $130,696 Date Updated February 26, 2024
Location Afton, TN Avg. Salary $133,937 Date Updated February 26, 2024
Location Alamo, TN Avg. Salary $140,693 Date Updated February 26, 2024
Location Alcoa, TN Avg. Salary $140,214 Date Updated February 26, 2024
Location Alexandria, TN Avg. Salary $141,556 Date Updated February 26, 2024
Location Allardt, TN Avg. Salary $139,285 Date Updated February 26, 2024
Location Allons, TN Avg. Salary $140,420 Date Updated February 26, 2024
Location Allred, TN Avg. Salary $139,285 Date Updated February 26, 2024
Location Alpine, TN Avg. Salary $139,285 Date Updated February 26, 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 Tennessee
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