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Project Cost Manager Jobs in Washington (NOW HIRING)

Cost Manager

Leesburg, VA · On-site

$90K - $115K/yr

The Cost Manager should be able to identify opportunities within a project that add value and help successfully achieve the client's desired project outcome. The Cost Manager / Quantity Surveyor is ...

Senior Cost Manager

Washington, DC · On-site

$108K - $145K/yr

Oversee project spend by creating valuations and cost reports, and clearly communicate variations to your team * Support nimble project management and clear decisions through excellent cost ...

Senior Cost Manager

Washington, DC · Hybrid

$108K - $145K/yr

Oversee project spend by creating valuations and cost reports, and clearly communicate variations to your team * Support nimble project management and clear decisions through excellent cost ...

Senior Cost Manager

Washington, DC · Hybrid

$108K - $145K/yr

Oversee project spend by creating valuations and cost reports, and clearly communicate variations to your team * Support nimble project management and clear decisions through excellent cost ...

Cost Manager

Ashburn, VA · Remote

$84K - $125K/yr

Support nimble project management and clear decisions through excellent cost documentation and timely communication * Actively participate in the tender/bid process--from initial tender/bid ...

Cost Manager

Washington, DC · Remote

$84K - $125K/yr

Support nimble project management and clear decisions through excellent cost documentation and timely communication * Actively participate in the tender/bid process--from initial tender/bid ...

EVM Project Cost Analyst

Mclean, VA · On-site

$77K - $176K/yr

  • Medical

  • Life

  • Retirement

  • PTO

EVM Project Cost Analyst The Opportunity: We are seeking an experienced and disciplined EVM Project ... Experience on a program with EIA-748 Earned Value Management System (EVMS) requirements and IPMR or ...

EVM Project Cost Analyst

Mclean, VA · On-site

$77K - $176K/yr

  • Medical

  • Life

  • Retirement

  • PTO

As an EVM Project Cost Analyst, you will collaborate directly with the Project Scheduler and work ... Experience on a program with EIA-748 Earned Value Management System (EVMS) requirements and IPMR or ...

EVM Project Cost Analyst

Chantilly, VA · On-site

$77K - $176K/yr

  • Medical

  • Life

  • Retirement

  • PTO

EVM Project Cost Analyst The Opportunity: We are seeking an experienced and disciplined EVM Project ... Experience on a program with EIA-748 Earned Value Management System (EVMS) requirements and IPMR or ...

EVM Project Cost Analyst

Chantilly, VA · On-site

$77K - $176K/yr

  • Medical

  • Life

  • Retirement

  • PTO

EVM Project Cost Analyst The Opportunity: We are seeking an experienced and disciplined EVM Project ... Experience on a program with EIA-748 Earned Value Management System (EVMS) requirements and IPMR or ...

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Showing results 1-20

Project Cost Manager information

See Washington salary details

$44.2K

$121.2K

$166.5K

How much do project cost manager jobs pay per year?

As of Aug 18, 2026, the average yearly pay for project cost manager in Washington is $121,196.00, according to ZipRecruiter salary data. Most workers in this role earn between $103,600.00 and $137,600.00 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 Washington as of August 2026, with employment types broken down into 84% Full Time, 9% Part Time, 2% Temporary, and 5% Contract. Highlights an 77% Physical, 2% Hybrid, and 21% Remote job distribution, with an average salary of $121,196 per year, or $58.3 per hour.

$90K - $115K/yr

Full-time

Posted 27 days ago


Job description

Title: Cost Manager
Reporting to: Office Director
The proposed compensation range for this position is: $90,000 to $115,000. The offered rate of pay will be based on work location, individual education, skills & qualifications, and experience level.
Overview of the Role
The Cost Manager provides cost management services, including invoice validation, cost forecasting and reporting, change management, close-out administration, procurement management, earned value, and value engineering. The Cost Manager should be able to identify opportunities within a project that add value and help successfully achieve the client's desired project outcome.
The Cost Manager / Quantity Surveyor is responsible for supporting senior members of staff and delivering comprehensive cost management services throughout the project lifecycle. This role ensures effective financial control, value optimization, and alignment with client objectives from project inception through closeout.
Essential Functions
Quantity Surveying- if your experience falls under this specialty, your duties will include:
  • Perform detailed cost estimating, budgeting, and cost planning across all project phases
  • Prepares and issues periodic cost reports to senior technical staff for review and submission to the client.
  • Reviews the cash flow prepared by junior technical staff and issues to senior technical staff
  • Identify and communicate cost risks and opportunities, recommending strategies to enhance project value
  • With minimal supervision, assist in administering change management processes, including evaluation, negotiation, and approval of change order requests
  • Assist with managing and validating contractor and vendor invoices and applications for payment. Support procurement activities, including preparation of RFP documentation, bid evaluation, and contract administration. Where applicable, provide overviews and reports to the client on contractor buyout of subcontract bid packages
  • Attends the bi-weekly cost meetings to review procurement status and change order status with the contractors and engineering teams
  • Support value engineering initiatives to optimize cost efficiency while maintaining quality and scope Review contractor and vendor closeout documentation to ensure compliance with contractual requirements and successful project completion. Contributes to team performance by collaboration and effective communication.
  • Understand client project objectives and proactively identify opportunities to enhance value and support successful outcomes. Support overall team objectives by undertaking additional responsibilities and duties as required.

Essential Functions
Cost Estimating - if your experience falls under this specialty, your duties will include:
  • Prepares and issues periodic cost reports to senior technical staff
  • Preparation of construction-related cost estimates, cost plans, and cost strategies.
  • Reviews the cash flow prepared by junior technical staff and issues to senior technical staff
  • With minimal supervision, reviews all change orders in accordance with the client's approval process
  • Reviews all invoices for the project and ensures that junior technical staff code the invoices where applicable and forwards them to the client's accounts payable department
  • With minimal supervision, provides procurement services for the client, where applicable, for construction and engineering services, including preparing RFP and bid analysis
  • Where applicable, overviews and reports to the client on contractor buyout of subcontract bid packages
  • Attends the bi-weekly cost meetings to review procurement status and change order status with the contractors and engineering teams
  • With minimal supervision, provides cost information on value engineering analysis
  • With minimal supervision, carries out an earned value analysis of the project on a periodic basis
  • Reviews the contractors close out administration and ensures that they meet their contractual requirements
  • Contributes to team performance through collaboration and effective communication.
  • Contributes to and understands the client's desired project outcomes, and identifies opportunities to add value to accomplish the desired outcomes.
  • Adds to team effort by accomplishing other duties as assigned.

The ideal candidate will demonstrate a positive, proactive approach to the role and be committed to delivering customer service excellence and strong commercial results.
  • Minimum Education (or substitute experience) required: 4-year Degree in Quantity Surveying (QS), Construction Management, or a related field is preferred but not mandatory, or a related field, plus four years or relevant experience.
  • Strong understanding of cost management principles, construction methods, and contract administration
  • Proven ability to manage multiple projects and meet deadlines
  • Must be highly articulate, have clear and analytical approach to problem solving, and strong decision-making abilities
  • Must have people management experience
  • Must have excellent communication and presentation skills
  • Must thoroughly understand and utilize Excel
Physical Requirements and Working Conditions:
  • Indoor office environment. May require work on site location when necessary.
  • Equipment used includes computers and standard office machines.
  • Essential physical tasks include: the ability to work on a computer and the ability to answer and speak on a telephone.

RLB is an Equal Opportunity Employer. This company does not and will not discriminate in employment and personnel practices based on race, sex, age, handicap, religion, national origin or any other basis prohibited by applicable law. Hiring, transferring and promotion practices are performed without regard to the above listed items.
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.