Construction Cost Engineer

About the role

As a Construction Cost Engineer, you are responsible for the financial integrity of CoreWeave's physical build-outs. You will manage capital expenditure (CAPEX) for large-scale data center projects, ensuring our ambitious AI infrastructure deployment timelines are met without budget overruns. You will act as the "financial conscience" for our Project Managers and General Contractors. In this role, you will: Own portfolio-level cost planning, control, and forecasting across multiple concurrent projects. Serve as a strategic advisor to Construction, Real Estate, and Finance leadership on budget, risk, and commercial strategy. Implement scalable tools, processes, and reporting that support CoreWeave's rapid growth and evolving data center program. Partner with internal and external teams to anticipate risk, drive value, and protect the company's capital while enabling speed.=

Requirements

• Cost Planning, Budgeting & Forecasting
• Develop and manage project and program-level budgets, cost plans, and capital forecasts for data center and infrastructure projects.
• Build and maintain cost models and benchmarks across markets, asset types, and delivery models.
• Own Anticipated Final Cost (AFC) and Estimate at Completion (EAC) forecasting; identify variances and risks early with clear mitigation plans.
• Cost Control & Financial Management
• Lead end-to-end cost control for multiple projects, including tracking commitments, accruals, and actuals.
• Monitor WIP, invoices, payment applications, and change events to ensure accuracy, compliance, and timeliness.
• Prepare and present monthly cost reports and dashboards covering budget, forecast, exposure, contingency, and cash flow.
• Implement and refine cost control systems, standards, and KPIs that can scale across the portfolio.
• Change Management & Risk Analysis
• Review and validate, and negotiate change orders, claims, and potential change events from GCs, subs, and vendors.
• Maintain contingency, exposure, and escalation tracking, including log management and drawdown strategy.
• Partner with Construction, Design, and Operations to identify cost risks, model impacts, and recommend mitigation paths.
• Lead or support post-mortem cost analyses, lessons learned, and audits to continuously improve cost performance.
• Vendor & Consultant Management
• Manage and direct third-party QS/cost consultants and other commercial partners; ensure deliverables are on time, accurate, and actionable.
• Review estimates, reconciliations, value engineering proposals, and cost reports for quality and alignment with CoreWeave standards.
• Hold vendors accountable for scope, budget, and reporting expectations, and escalate issues as needed.
• Data, Reporting & Continuous Improvement
• Build and maintain cost databases, historical benchmarks, and market intel to inform future projects and negotiations.
• Analyze trends to identify value-engineering and cost-optimization opportunities without compromising performance or reliability.
• Develop standardized tools, templates, and dashboards (e.g., for AFC, exposure, contingency, cash flow) to drive consistency.
• Contribute to playbooks and best practices for project controls across the Construction & Data Center Planning organization.
• 5+ years in or data center project controls.
• Advanced MEP (Mechanical, Electrical, Plumbing) Estimating: Specific expertise in pricing high-density power systems and specialized cooling.
• Ability to develop life-cycle cost models that include GPU depreciation, power usage effectiveness (PUE), and carbon offset costs.
• Proficiency in using historical data to create "Co

Additional Information

CoreWeave is The Essential Cloud for AI™. Built for pioneers by pioneers, CoreWeave delivers a platform of technology, tools, and teams that enables innovators to build and scale AI with confidence. Trusted by leading AI labs, startups, and global enterprises, CoreWeave combines superior infrastructure performance with deep technical expertise to accelerate breakthroughs and turn compute into capability. Founded in 2017, CoreWeave became a publicly traded company (Nasdaq: CRWV) in March 2025. Learn more at www.coreweave.com .

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