Whole Lifecycle Costing Specialist

The railway has seen nearly 200 years of technology and innovation that has transformed how we provide services to passengers and freight customers. Technology is continuing to transform the railway industry. Imagine an exciting environment where Digital, Data, and Technology (DDaT) are not just buzzwords but the driving force behind every operation, every decision, and every solution. As part of the DDaT directorate, you have a unique opportunity to enable our customers and industry partner with modern and transformative technology. From the day-to-day IT operations that keeps a national railway running, to the extensive delivery programmes that our helping to reshape the railway – we are at the forefront of all of it. We operate with a talented and passionate workforce, fostering empowered individuals and teams who understand that technology is not just a tool – it's the catalyst for progress, especially in an ever-demanding industry where change is a constant. Get ready to embark on a journey where your skills will not just be utilised; they'll be honed and expanded. You're not just joining a team; you're becoming part of a collective force helping to build and operate a railway fit for the next 200 years! The Whole Lifecycle Costing team is a small yet necessary function within Telecoms Operations. We sit within Telecoms Asset Management, and work within a community which are based across the entire network. The team itself is centred at Milton Keynes, however an applicant can work at Manchester, Milton Keynes, or London, and we will organise how we interact upon starting. Our aim is to support the Telecoms asset management team, the Technical Authority, and the five Regions, in three main area:

• Data enablement – we are working to unify Network Rails telecommunication data, providing a ‘single source of truth’ for the wider business to access and benefit from. This involves the understanding of large datasets across many platforms, and developing a solution which can host them and provide a portal for the business to make use of it.
• Whole Lifecycle Costing – we are developing a new model to forecast costs and risks for future Telecoms business plans. This is a very interesting endeavour, as it requires the understanding of common risk methodologies, such as failure and impact, but also modelling obsolescence, as well as forecasting very low-frequency, high-risk failures.
• Business intelligence – we support many areas within Network Rail, providing new ways to understand and present the data we utilise. This involves building interactive reports, mobile apps, forecasting models, to name a few. We are always supporting new areas of the business, allowing us to increase our influence and improve how the business understand Telecoms.
About the role (External) To support the implementation of one or more areas of Network Rail’s strategy for whole lifecycle costing (WLC), from the development of the models through to the embedding of whole life decision making in the company’s strategic and investment planning processes, supporting both central functions and the operating routes. What will you be doing?
• Support the development, coordination and monitoring of the work programme for implementing the asset management strategy.
• Support specific activities within the asset management work programme, working across asset disciplines and business functions.
• Support the production of an annual report on the implementation and further development of lifecycle models, with interim progress reports as required.
• Support the development, coordination and monitoring of the work programme for implementing whole lifecycle models.
• Provide analysis to support the application of whole lifecycle models across applications, disciplines and functions.
• Provide analysis to support individual whole lifecycle model developments.
• Maintain awareness of developments in whole lifecycle costing, e.g. via the Institute of Asset Management, universities.
  
  Degree in numerate discipline
• Experience of working to demanding timescales
Desirable
• Business qualification
• Knowledge of the railway industry and its regulatory framework
• Understanding of railway infrastructure
We are committed to a diverse workplace enriched with representation from diverse cultures, backgrounds and skills. We pride ourselves on creating an environment where difference is embraced, and individuals can thrive. We recognise that the success of the team is dependent on a multi-cultural, multi-disciplined group of individuals, aligned to deliver successful solutions.

At Network Rail, we have a number of employee networks to reflect our diverse population and help to raise issues to the wider workforce and support their membership and support our Everybody Matters strategy, led by our central Diversity & Inclusion team. We have Diversity & Inclusion Champions who take part and lead on many activities, to drive through more initiatives to support an inclusive environment for all its people and promote a professional and positive working environment.

Band & Salary: Band 4B We’re an organisation where people matter. We matter to millions. We offer excellent benefits, including: Generous annual leave (28 days plus statutory days), with the option to buy/sell days. Defined benefit pension scheme. 75% subsidy on rail and underground season tickets. Up to 75% off leisure travel. ️ Interest-free travel loan for train and car park season tickets. Discounts at stations with your Network Rail pass. Flexible/hybrid working arrangements. ️ Volunteer leave to make a positive impact. Healthcare Scheme, GymPass discounts, Cycle to work plus more. We offer generous maternity, paternity, and adoption leave to support our employees during significant life moments Plus, more…. We are proud to be recognised as a Times Top 50 Employer for Gender Equality for the third year in a row. Our role is to run a safe, reliable and efficient railway, serving customers and communities. We exist to get people and goods where they need to be and to support our country’s economic prosperity. Safety is our number one priority.