Sr Project Controls Estimator - BGE

Baltimore Gas and Electric Company • Milford Mill, MD

1d • Hybrid

About The Position

This position is responsible for preparing cost estimates for Substation, Transmission, Distribution, and Gas projects using industry best practices. The role involves performing field walk downs with the Project Team to identify potential cost impacts, refining project cost estimates based on available documentation for different project phases, and developing/organizing estimates and analyses for internal and external use. The estimator will analyze project actuals against latest estimates to improve estimating methodology and accuracy, contribute to short-term and long-range business planning, and provide detailed process and cash flow information based on estimate assumptions to aid in project baseline development. Additionally, the role provides analytical and operational support, researches statistical estimate and performance information, manages the estimating queue to meet deadlines, and maintains/updates the labor and material cost/unit price database. The position may require extended hours during storms or other emergencies.

Requirements

• Bachelor's degree in Business, Financial or Technical Field.
• 4-7 years relevant experience, or in lieu of Bachelor's degree, 6-9 years relevant experience.
• Ability to build a high level or detailed estimate from a Project Diagram, detailed design, or verbal Scope of Work.
• Ability to effectively interface with all levels of management.
• Ability to facilitate project meetings with all stakeholders in office or field environment to develop a project estimate.
• Strong understanding of applicable standards, methods, processes and practices, business fundamentals, and performance metrics in the electric and gas, distribution, transmission, and substation areas.
• Produce detailed total project estimates with an expected accuracy range of +/-10% of the actual cost of the completed work for a phase 3 estimate.
• The definitive estimates are used primarily for bidding work or evaluating contractors' bids. This type of estimate is to be used to perform cost variance analysis on a project.
• A project walk down must have been complete prior to an estimate completion.
• Create project estimates up to a cost of 300 million.
• The estimate must be in a format that is easily transferable to the cost analyst for DFF and WPT loading.
• Prepare detailed analysis between older estimates and recent ones to determine the exact cost differences and communicate the reasons to executive level budget approvers.
• Strong understanding of design drawings and detailed engineering and construction prints.
• The ability to calculate job requirements from design documents, including quantities, resource hours, duration, limitations, etc.
• General proficiency in standard software applications (e.g., Microsoft Word, Excel, Access, PowerPoint, Project), specialized business technologies and applications (e.g., workforce management, project management, Asset Suite 8, Brio, CIS, EPS, Business Objects, SAP planning, business modeling, forecasting, work management, outage management) to retrieve and analyze data in support of business needs.
• Expert understanding and ability in Excel, good understanding of InEight EU Estimating Tool and the estimating component of Asset Suite 8.
• Ability to provide detailed analysis and apply managerial accounting concepts, customer intelligence gathering, forecasting, staff planning, scheduling, analytical and statistical problem solving, financial, accounting, business and budget analysis.
• Advanced analytical skills for project evaluation including analysis of projects with economic, financial, risk and decision analysis.
• Ability to quickly estimate several scenarios to determine least cost technical solution.
• Customer driven with excellent oral and written communications skills and general analytical, problem solving and project management skills.
• Strong knowledge of the practices, procedures and principles of performance analysis (trending, root cause and gap analysis) benchmarking and audit compliance.
• Ability to analyze organizational data and problems, interpret and recommend alternative courses of action, and implement intervention strategies to attain performance targets.

Nice To Haves

• Bachelor's degree with some relevant post-undergraduate coursework.
• 4-7 years estimating experience in electric / gas transmission, distribution, and substation industry.
• Professional estimating certification (AACEI, ASPE, or SCEA).
• Knowledge of or experience with estimating software.

Responsibilities

• Prepare bottoms up cost estimates for Substation, Transmission, Distribution, and Gas projects utilizing industry best practices.
• Perform field walk downs with the Project Team to identify potential cost bearing issues that will impact the detailed estimate.
• Utilize detailed documentation for each phase of the project estimate (phase 1, 2, and 3) for continuous refinement of expected project costs.
• Develop and organize estimates and analysis for both internal and external use.
• Perform analysis of project actuals against latest estimates and incorporate results into estimating methodology to ensure continuous improvement of estimate accuracy.
• Contribute to the development of short-term and long-range business planning.
• Provide detailed process and cash flow based on estimate assumptions to aid in the development of the project baseline.
• Provide analytical and operational support to the business unit.
• Research and provide statistical estimate and performance information.
• Manage estimating queue to ensure meeting estimating deadlines.
• Maintain and update labor and material cost / unit price database utilized for project estimate creation.
• Support and contribute to the development of Phase 1, 2, and 3 project cost estimates in WBS format with all required assumptions that support development of current and LRP budgets.
• Prepare standard WBS estimates and assumptions with documentation of confidence factors ranging from study to construction phases of project.
• Conduct modeling, forecasting, trending, variance analysis, and other estimate-related financial and implementation analysis.
• Track, maintain, analyze and provide current estimating information on scorecard or key performance indicators (KPIs).
• Prepare, update and maintain standard material and labor unit costs to support estimate creation and database updates.
• Develop unit cost and parametric estimate range for standard scope of work.
• Continuously analyze and update parametric values reflecting current trends and costs.
• Update estimates for each phase approval with current documentation and meeting information.
• Conduct estimate peer reviews prior to estimate issuance.
• Perform engineering drawing reviews, general analysis and prepare reports to support business operations.
• Work with Project Managers to ensure that estimates are properly understood, challenged and reviewed.
• Prepare for and facilitate estimate challenge meetings with all stakeholders (Planning, Engineering, Project Manager, Construction Manager, etc.) to ensure that all stakeholders have had an opportunity to provide critical feedback.
• Prepare for and facilitate contractor estimate (or bid) challenge meetings.
• Prepare side by side analysis of estimates upon request to provide lessons learned, variance analysis and to generate parametric values.
• Regularly mentor less experienced colleagues.

Benefits

• Annual Bonus for eligible positions: 15%
• 401(k) match and annual company contribution
• Medical, dental and vision insurance
• Life and disability insurance
• Generous paid time off options, including vacation, sick time, floating and fixed holidays, maternity leave and bonding/primary caregiver leave or parental leave
• Employee Assistance Program and resources for mental and emotional support
• Wellbeing programs such as tuition reimbursement, adoption and surrogacy assistance and fitness reimbursement
• Referral bonus program

What This Job Offers

• Job Type: Full-time
• Career Level: Senior