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Project Cost Manager Jobs in Virginia (NOW HIRING)

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Project Cost Manager information

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$38.7K

$106.1K

$145.7K

How much do project cost manager jobs pay per year?

As of Sep 9, 2026, the average yearly pay for project cost manager in Virginia is $106,089.00, according to ZipRecruiter salary data. Most workers in this role earn between $90,700.00 and $120,500.00 per year, depending on experience, location, and employer.

What does a project cost manager do?

A Project Cost Manager is responsible for overseeing and controlling the budget and costs associated with a construction or development project. Their main duties include estimating project costs, preparing budgets, monitoring expenses, and ensuring that the project remains within financial constraints. They work closely with project managers, engineers, and contractors to analyze costs, identify potential savings, and report on financial progress. By managing resources efficiently, they help prevent cost overruns and contribute to the overall success of the project.

What are the key skills and qualifications needed to thrive as a project cost manager, and why are they important?

To thrive as a Project Cost Manager, you need strong analytical skills, a background in finance or quantity surveying, and typically a relevant degree or professional certification such as RICS or AACE. Familiarity with cost estimating software, enterprise resource planning (ERP) systems, and project management tools like MS Project or Primavera is common. Excellent communication, negotiation, and attention to detail help build trust and ensure accurate reporting. These skills are crucial to control budgets, minimize financial risks, and deliver projects on time and within scope.

What are some common challenges faced by project cost managers when working on large-scale construction projects?

Project Cost Managers often encounter challenges such as managing budget overruns due to unexpected site conditions, fluctuating material costs, and changes in project scope. Coordinating with multiple stakeholders—like architects, engineers, and contractors—requires strong communication and negotiation skills to ensure costs remain within agreed limits. Maintaining up-to-date cost forecasts and reporting can be demanding, especially when timelines are tight and project details evolve rapidly. Successfully navigating these challenges is key to ensuring a project's financial health and client satisfaction.
Infographic showing various Project Cost Manager job openings in Virginia as of August 2026, with employment types broken down into 86% Full Time, 12% Part Time, and 2% Contract. Highlights an 82% Physical, 2% Hybrid, and 16% Remote job distribution, with an average salary of $106,089 per year, or $51 per hour.

Senior Cost Manager / Quantity Surveyor - Data Center Construction

Tysons Corner, VA • On-site

Turner & Townsend
Construction • 10K+ employees

Full-time

Posted 7 days ago


Job description

Company Description


Turner & Townsend is a global professional services company with over 22,000 people in more than 60 countries. 

Working with our clients across real estate, infrastructure, energy and natural resources, we transform together delivering outcomes that improve people’s lives. Working in partnership makes it possible to deliver the world’s most impactful projects and programs as we turn challenge into opportunity and complexity into success. 

Our capabilities include program, project, cost, asset and commercial management, controls and performance, procurement and supply chain, net zero and digital solutions. 

We are majority-owned by CBRE Group, Inc., the world’s largest commercial real estate services and investment firm, with our partners holding a significant minority interest. Turner & Townsend and CBRE work together to provide clients with the premier program, project and cost management offering in markets around the world. 

Job Description


Turner & Townsend are seeking an experienced Senior Cost Manager / Quantity Surveyor to act as the key day-to-day client interface, delivering value-added cost management services across a major data center portfolio in Northern Virginia.

The role is client-facing and based out of our Tysons, VA office, supporting projects across the region’s primary data center corridors, including Loudoun County, Prince William County, Stafford County, and Fairfax County.

To be successful, you must be a strong communicator, self-motivated, and comfortable leading cost management activities across multiple large-scale construction projects.
Responsibilities:

  • Estimating and negotiating change orders throughout the construction lifecycle.
  • Provide cost planning, including producing and presenting final cost plans.
  • Review and collaborate with design teams and general contractors on cost estimates.
  • Reconcile changes and validate contractor data for accuracy.
  • Coordinate with contractors and project stakeholders to prepare cost estimate updates.
  • Prepare written reports and executive summaries on contractor submissions.
  • Consolidate cost data from suppliers, subcontractors, and design teams.
  • Inform engineering and design decisions based on cost impact.
  • Manage cost checks, valuations, and reporting across large-scale projects.
  • Oversee cost control, contingency management, and commitment tracking.
  • Lead value engineering (VE) sessions and contribute to design optioneering.
  • Review contractor pricing and lead negotiations to achieve fair value.
  • Manage post-contract cost variances and change control processes.
  • Produce monthly cost reports and ensure timely financial reporting.
  • Support final account negotiations and closeout processes.
  • Maintain cost benchmarks and historical data for future projects.
  • Mentor junior team members and promote a high-performance team environment.
  • Ensure consistent application of internal systems, tools, and delivery methodologies.
  • SOX control responsibilities may be part of this role, which are to be adhered to where applicable.
Qualifications
  • Bachelor’s degree in Construction Management, Quantity Surveying, Engineering, or a related field.
  • A minimum of 6-7 years of experience in cost management, quantity surveying, or commercial management within large-scale construction.
  • Experience supporting mission-critical or data center projects strongly preferred.
  • Proven experience managing costs across complex, multi-phase construction programs.
  • Strong knowledge of cost control, change management, and contract administration.
  • Excellent communication and client-facing skills.
  • Ability to lead meetings, influence stakeholders, and drive commercial outcomes.
  • Proficiency in cost management systems and Microsoft Office Suite.
  • Professional certifications (MRICS, PMP, CCP, or similar) are a plus.

Additional Information


*On-site presence and requirements may change depending on our client's needs.

Our inspired people share our vision and mission. We provide a great place to work, where each person has the opportunity and voice to affect change.

We want our people to succeed both in work and life. To support this we promote a healthy, productive and flexible working environment that respects work-life balance.

Turner & Townsend is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees and actively encourage applications from all sectors of the community.

Please find out more about us at www.turnerandtownsend.com/ and https://www.heery.com/

All your information will be kept confidential according to EEO guidelines.

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It is strictly against Turner & Townsend policy for candidates to pay any fee in relation to our recruitment process. No recruitment agency working with Turner & Townsend will ask candidates to pay a fee at any time. 

Any unsolicited resumes/CVs submitted through our website or to Turner & Townsend personal e-mail accounts, are considered property of Turner & Townsend and are not subject to payment of agency fees. In order to be an authorised Recruitment Agency/Search Firm for Turner & Townsend, there must be a formal written agreement in place and the agency must be invited, by the Recruitment Team, to submit candidates for review.