Summer Placement 2026 - Cost Management and Commercial Management - London
- Full-time
- Department: Early careers
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 programmes as we turn challenge into opportunity and complexity into success.
Our capabilities include programme, 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 programme, project and cost management offering in markets around the world.
Please visit our website: www.turnerandtownsend.com
We transform together | Turner & Townsend
Job Description
As a placement with Turner & Townsend you will have the opportunity to develop first class consultancy skills and work with industry leading clients on some of the most exciting projects across the UK. From day one, you’ll dive into the heart of Turner & Townsend, building your internal networks and deepening your understanding of our industry and service area.
We provide summer placements for students in their penultimate year at university but will consider those in their first year or second year of a four year course. The placements usually start in June and will last 8 weeks. This placement is suitable for anyone wanting to gain an insight into the construction industry and the projects we work on.
If you complete a placement with us, you will have the opportunity to fast-track on to another placement or directly on to the Graduate Development Programme. Your fast-track route will be determined by the amount of time you have left at university. If you are returning to university for your final year, we will be able to fast-track you straight on to the GDP.
Our learning approach goes beyond traditional ‘on-the-job’ training. You’ll benefit from a blend of technical and behavioural training, learning from both peers and experienced professionals. This comprehensive approach equips you with the knowledge and skills you need to excel.
Are you ready to embark on a journey that will shape your career and future? Join us at Turner & Townsend and make the difference!
Cost Management is a core discipline at Turner & Townsend, focused on delivering value for money across the lifecycle of a project. It involves managing costs from initial feasibility through to final delivery, ensuring that projects are delivered on time, within budget, and to the required quality standards.
Core Skills You’ll Develop
- Contract administration and management
- Cost control and performance management
- Cost modelling and benchmarking
- Estimating and measurement
- Core and technical skills in quantity surveying
- Value management and value engineering
- Stakeholder management
- Cost auditing and assurance
- Supply chain and market engagement
- Procurement and tendering
- Developing commercial strategies and programme setup
- Creating digital solutions to enhance performance
- Delivering projects using Turner & Townsend’s bespoke digital tools
- Using our industry-leading Embodied Carbon Calculator
What We Value
- Passion: A genuine interest in the built environment and the construction industry, including both infrastructure and real estate.
- Client Focus: A strong desire to deliver excellent service and uphold our commitment to quality in everything you do.
- Sustainability Awareness: Conscious of environmental challenges and motivated to contribute to a more sustainable future in construction.
- Analytical Thinking: Able to approach problems logically and eager to develop your analytical and problem-solving skills.
- Data Fluency: Comfortable working with data and confident in presenting insights clearly and effectively.
- Drive: Motivated to contribute to the successful delivery of projects and programmes.
- Self-Awareness: Recognise your own development needs and are committed to learning and refining your technical and commercial skills.
What You’ll Gain
- Sector Exposure: The opportunity to broaden your knowledge across sectors such as real estate, infrastructure, advisory, defence, and energy and natural resources while developing the skills to provide commercial, strategic, and analytical advice to clients.
- Client and Team Engagement:The opportunity to work with your colleagues in a team environment, and with our clients, to drive positive social and environmental change, encourage innovation and create a sustainable energy future.
- Tailored Development: A personalised training plan designed to grow your skills and knowledge, with tools to help you track and advance your progress.
- Technical Training: Access to our Technical Training Academy, where you’ll deepen your professional expertise, sharpen your capabilities, and prepare for future challenges.
- Supportive Culture: A collaborative team environment that actively supports your development and helps you grow your career as a professional.
- Global Opportunity: The chance to join a high-performing, global professional services firm known for its resilience and adaptability in changing market conditions.
- Purpose-Driven Work: Opportunities to contribute to our commitments in sustainability, innovation, inclusivity, wellbeing, and community impact.
Qualifications
Studying a quantity surveying degree and on track for a 2:1 or above.
Right to live and work in the UK (we are unable to offer visa sponsorship).
Additional Information
Benefits
- 25 Days annual leave
- Buy and Sell annual leave
- Corporate Gym Membership
- Cycle scheme
- Pension
Other Requirements
In some regional roles, the ability to drive may be necessary due to the location of client offices.
To be considered for roles in the Defence arena, you will need to pass both a Baseline Personnel Security Standard check and UKSV SC clearance. This process will begin once you’ve accepted an offer and confirmed your willingness to undergo the checks.
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SOX control responsibilities may be part of this role, which are to be adhered to where applicable.
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