Senior Project Controls Specialist - Cost

Duke Energy Corporation•Charlotte, NC

35d•Hybrid

About The Position

This position is responsible for managing the cost management framework for assigned projects. It performs complex aspects of change documentation and cost control while reporting up to program or portfolio level. The Senior Project Controls Specialist (SrPCS) is a critical position as the expert of Cost Management (set up cost baseline and monitor/control throughout the project lifecycle). This position supports Project Managers and Project Directors on projects and programs of varying size and complexity. The SrPCS 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 cost management assignments. The position is considered a technical, SME, support position and requires college level reasoning via formal education or work experience. It requires understanding and application of basic project controls cost management principles. This position must be proficient with various computer applications with analytics that relate to cost and risk. This position requires proficient to expert use, understanding and application of project controls principles and associated project controls software tools.

Requirements

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 in Engineering, Project Management, Construction Management, Finance or Business Administration and 5 plus years of work-related experience OR
High school diploma / Equivalent and 9 plus years of related work experience.
Valid driver's license
Proficiency/Expertise with project management / project controls concepts / computer applications / analytics
Strong collaborative team member

Nice To Haves

Master's degree in Project or Construction 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/Risk connect.
High proficiency in MS Excel
Software such as MS Project/MS Office Suite, Primavera, Business Objects, Passport, PowerPlan, Emax, Peoplesoft
Risk management tools / Monte Carlo analysis

Responsibilities

Establish project cost baseline report at a detailed level.
Managing monthly project forecast and risk assessment.
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