- Project plans
- Project activities
- Legislation and standards
- Industry context
Last edited 06 Aug 2018
Cost engineering is the practice of managing the costs involved on a construction project. This includes activities such as cost control, budgeting, forecasting, estimating, investment appraisal and risk analysis.
Cost engineers can be employed as consultants to manage and/or assess the costs of a project or organisation. They may be consulted before a project begins, or before a tender is submitted, so that budgets can be assessed and forecasts made.
 Find out more
 Related articles on Designing Buildings Wiki
- Business plan.
- Commercial manager.
- Cost consultant.
- Cost plans.
- Cost control.
- Pre-tender estimate.
- Quantity surveyor.
- Relevant cost.
- Whole-life costing.
 External resources
Featured articles and news
Bringing in an expert.
Why the lowest price isn't sustainable.
The Most Economically Advantageous Tender.
Pipe dream or possibility?
The New Rules of Measurement.
Prioritising Sustainable Development Goals on projects.
The Architects Registration Board.
How BSRIA monitored the performance of new homes.
How to research a building when there are no primary sources.
A re-thatching project has supported a critically endangered skill.
What inspired the Metabolist movement in architecture?
A radical transformation of three agricultural barns.