How much does a Cost Engineer V make in Denville, NJ? The average Cost Engineer V salary in Denville, NJ is $175,507 as of May 28, 2024, but the range typically falls between $153,866 and $198,092. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

Cost Engineer V Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Cost Engineer V Salary $134,163 Denville,NJ May 28, 2024
25th Percentile Cost Engineer V Salary $153,866 Denville,NJ May 28, 2024
50th Percentile Cost Engineer V Salary $175,507 Denville,NJ May 28, 2024
75th Percentile Cost Engineer V Salary $198,092 Denville,NJ May 28, 2024
90th Percentile Cost Engineer V Salary $218,655 Denville,NJ May 28, 2024
25% $153,866 10% $134,163 90% $218,655 75% $198,092 $175,507 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%
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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 Denville, NJ
  • HYBRID. Job Responsibilities. Cash flow management and project forecasting. Cost per unit (CPU) analysis and quantity tracking and forecasting. Variance re...
    - 1 Day Ago
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    - 4 Days Ago
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    - 5 Days Ago
  • We are seeking to add a highly-motivated mid-to-senior Scheduling and Cost Engineer to our team of multi-disciplinary consultants. Individual will have kno...
    - 2 Days Ago
  • Job Title. Network Engineer. Please note that applicants must be willing to work a hybrid schedule and be located near one of the following areas. Portsmou...
    - -23 Days Ago

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 varies from city to city. Compared with national average salary of Cost Engineer V, the highest Cost Engineer V salary is in San Francisco, CA, where the Cost Engineer V salary is 25.0% above. The lowest Cost Engineer V salary is in Miami, FL, where the Cost Engineer V salary is 3.5% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

Understand the total compensation opportunity for a Cost Engineer V, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
153866
198092
175507

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
166057
215074
188551
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Cost Engineer V in Denville, NJ. The base salary for Cost Engineer V ranges from $153,866 to $198,092 with the average base salary of $175,507. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $166,057 to $215,074 with the average total cash compensation of $188,551.
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153866
198092

 

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About Denville, New Jersey    Denville Township is a township in Morris County, New Jersey, United States. As of the 2010 United States Census, the township's population was 16,635....More

Denville, New Jersey  area prices were up 1.5% from a year ago    View the Cost of Living in Denville, New Jersey

Cost Engineer V Salary in popular cities: NewarkJersey CityPaterson

Skills associated with Cost Engineer V: Cost Estimation, Budgeting and Forecasting Software, Project Costing, Project Management Software ...More

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