How much does a Cost Engineer III make in Maryland? The average Cost Engineer III salary in Maryland is $108,787 as of March 26, 2024, but the range typically falls between $95,132 and $121,725. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Cost Engineer III Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Cost Engineer III Salary $82,700 MD March 26, 2024
25th Percentile Cost Engineer III Salary $95,132 MD March 26, 2024
50th Percentile Cost Engineer III Salary $108,787 MD March 26, 2024
75th Percentile Cost Engineer III Salary $121,725 MD March 26, 2024
90th Percentile Cost Engineer III Salary $133,504 MD March 26, 2024
25% $95,132 10% $82,700 90% $133,504 75% $121,725 $108,787 50%(Median) Didn’t find job title? Click
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What skills does a Cost Engineer III need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

Construction Accounting: A form of project accounting applied to construction projects. Construction accounting is a vitally necessary form of accounting, especially when multiple contracts come into play.

3.

Health Care: Health care or healthcare is the improvement of health via the prevention, diagnosis, treatment, amelioration, or cure of disease, illness, injury, and other physical and mental impairments in people.

Analysis 8.02%
Construction Accounting 2.78%
Health Care 1.54%
Others 87.66%

Job Description for Cost Engineer III

Cost Engineer III develops and implements cost control procedures, documents, and tools to support and enhance project budget management. Collects and coordinates procurement and other cost information used to develop cost forecasting, cost control strategies, and project risk analysis. Being a Cost Engineer III performs data analysis to identify project trends and budget deviations and highlight cost underruns and overruns. Has extensive technical knowledge of processes and materials specific to the type of project. Additionally, Cost Engineer III experienced with the cost-estimating methods best suited to the nature of the project. Requires a bachelor's degree. Typically reports to a supervisor or manager. The Cost Engineer III work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. To be a Cost Engineer III typically requires 4-7 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Cost Engineer III in Maryland

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Location Avg. Salary Date Updated
Location Dundalk, MD Avg. Salary $108,471 Date Updated March 26, 2024
Location Abell, MD Avg. Salary $116,912 Date Updated March 26, 2024
Location Aberdeen, MD Avg. Salary $106,255 Date Updated March 26, 2024
Location Aberdeen Proving Ground, MD Avg. Salary $106,888 Date Updated March 26, 2024
Location Abingdon, MD Avg. Salary $106,360 Date Updated March 26, 2024
Location Accident, MD Avg. Salary $94,437 Date Updated March 26, 2024
Location Accokeek, MD Avg. Salary $117,228 Date Updated March 26, 2024
Location Adamstown, MD Avg. Salary $114,696 Date Updated March 26, 2024
Location Allen, MD Avg. Salary $112,164 Date Updated March 26, 2024
Location Andrews Air Force Base, MD Avg. Salary $117,439 Date Updated March 26, 2024

Career Path for Cost Engineer III

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Cost Engineer III, the first career path typically starts with a Planner/Scheduler IV - Construction position, and then Planner/Scheduler V - Construction.

The second career path typically progresses to EHR Project Manager, Sr..

The third career path typically starts with a Project Manager IV position, and then progresses to Project Manager V.

Additionally, the fourth career path typically progresses to Program Manager.

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Jobs with a similar salary range to Cost Engineer III : Preconstruction Estimator, Value Engineer

Cost Engineer III Salary in Maryland
Cost Engineer III Salary Graph, Regional Distribution and Summary