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A cost engineer is an engineer whose judgment and experience are utilized in the application of scientific principles and techniques to problems of estimation; cost control; business planning and management science; profitability analysis; project management; and planning and scheduling.. Contents.ost engineering is a field of engineering practice that began in the 1950s (AACE International was founded in 1956). The skills and knowledge areas of Cost Engineers are similar to those of Quantity Surveyors.
A decade later that same structural engineer can ask for $30.43 to $42.28, or between thirty and forty-five thousand per year for the same work. Today, according to Eng-Tips.com, a consumer can expect to pay roughly 8% of a total construction project fee to the structural engineer. For example, a building is designed by an engineering consulting firm, and receives $237,000 for their work. It is reasonable to anticipate that the structural engineer would then receive roughly $18,960.