Principal Project Controls Specialist - Cost

Duke Energy Corporation•Charlotte, NC

18h•Hybrid

About The Position

The Principal PCS is a critical lead position of the project controls team as well as a member of multiple project or program teams. This position supports Project Managers and Project Directors on projects and programs of varying size and complexity. This position will be expected to lead / direct the set up and reviews of the project controls status (cost, contract, WBS, schedule, resource, etc.). Using prescribed methods and tools, the position is responsible for performing primary aspects of project control assignments. The position is considered a technical, SME, lead or support position and requires college level reasoning via formal education or work experience. It requires understanding and application of advanced project controls principles. This position must be proficient with various computer applications with analytics that relate to schedule, cost, and risk. This position requires highly proficient to expert use, understanding and application of project controls principles and associated project controls software tools.

Requirements

Detailed knowledge and experience with: Knowledge of detailed project cost reporting that includes actuals, accruals, estimate to complete, estimate at completion, and understanding of various contract types (T&M, Unit Price, etc.).
Various cost estimating techniques
Multiple cost management and control practices
Project Risk Management best practices
Review and analysis of contractor and vendor performance
Duke Financial and cost management systems
Project Change Control processes
Bachelor’s degree in Finance, Business Administration, Engineering, Project management or other related degree AND 6 plus years related work experience
High School/GED AND 10 plus year(s) related work experience (in lieu of Bachelor's degree and 6+ years experience)
Valid driver’s license

Nice To Haves

Master’s degree in Project Management, Finance or Business Administration
Certified Associate of Project Management
Project Management Professional
AACE-EVP, AACE-CEP, AACE-PSP, AACE-CCC, PMI-SP certification
Proficiency/expertise with project management, project controls concepts, computer applications / analytics
Strong collaborative team member
Software such as MS Project/MS Office Suite, Business Objects, Maximo, Powerplan, EcoSys, Peoplesoft,and Sword/Riskconnect.
High proficiency in MS Excel

Responsibilities

Establishing project cost baseline reports at a detailed level.
Managing monthly project forecasts and risk assessments.
Project forecast includes actuals through financial systems plus balance to go including committed costs, open estimates, labor costs, etc.
Providing analysis and forecasting of project cost performance.
Assisting with forecasting project cost impacts.
Project risk quantification, analysis, and management.
Review and analysis of cost estimates, including estimate basis and qualifications.
Review and reporting of project status as provided by Duke Energy and its vendors.
Monitoring compliance with department requirements and Enterprise Policy and Standards.
Updating project cost and risk information in Duke systems and tools
Track and manage changes to the project scope and cost baseline