ITC Holdings
Project Cost Estimator (Intermediate, Senior, or Principal)
- Compensation
- Not disclosed
- Location
- Novi, MI, United States
- Work setup
- Hybrid
- Seniority
- Principal
- Employment
- Contract
- Experience
- Not specified
- Category
- Industrial engineering
- Posted
Skills
Must have
- Bachelor's degree in Engineering, Construction Management or related field or relevant, equivalent experience and/or education.
- Minimum Work Experience Required Intermediate: Minimum of two (2) years of related experience Senior: Minimum of six (6) years of related experience. Principal: Minimum of ten (10) years of related ex
- Intermediate to advanced knowledge of electrical utilities cost estimating depending on the level of the position.
- Intermediate to advanced knowledge of construction project cash flow forecasting depending on the level of the position.
- Demonstrates strong understanding of project management and project controls processes, including construction scheduling, cost estimating, and cash flow forecasting.
- Possesses sound analytical, problem-solving and documentation skills.
- Communicates effectively, both verbally and in writing, with individuals inside and outside of ITC.
- Intermediate knowledge of Microsoft Office (Word, Excel, Outlook and PowerPoint).
- Works effectively with minimal supervision and in a team environment.
- Possesses electrical and civil Engineering experience/knowledge preferred.
- Possesses Project Management Professional (PMP) certification preferred.
- Experience with Microsoft Power BI preferred.
- Manages multiple priorities and competing deadlines.
- Learns and uses job-specific software.
- Applicants must be authorized to work in the United States for any employer. ITC does not sponsor employment visas, such as H-1B or TN visas.
Full description
ESSENTIAL DUTIES & RESPONSIBILITIES
Intermediate Project Cost Estimators
- Independently develops project cost estimates for projects of moderate complexity; identifies cost risks, scope gaps, and estimating inconsistencies; and may lead estimate review discussions with project stakeholders.
- Develops construction cost estimates for transmission line and substation projects through the evaluation of project plans, specifications, drawings, quantities, labor, equipment, and material costs.
- Develops detailed project estimates based on ITC standards and site-specific facility drawings.
- Schedules and leads comprehensive estimate reviews with upper management, project managers, field personnel, and scoping parties to cover scope, review costs, subcontractors, and risk.
- Provides expert judgment of costs to support competitive bid projects.
- Assists with the development and maintenance of estimating templates, tools, databases, and related applications to support consistent and reliable project estimates.
- Provides pre-construction support and technical expertise to project management team as needed.
- Reviews and evaluates subcontractor quotes for scope gap and process follow up requests.
- Interfaces and seeks clarification from internal groups such as supply chain, engineering and project management to proactively resolve any inconsistencies in cost estimating data.
- Conducts field visits as required to assess site requirements and project conditions.
- Attends pre-and-post bid meetings as required and be able to effectively present information related to cost estimates.
- Transfers completed estimates and applicable bid documents to the Project Management team in accordance with internal process requirements and established timelines.
- Supports the development and maintenance of internal cost estimating metrics by providing accurate, timely, and relevant data to drive performance measurement, trend analysis, and informed decision-making.
- Participates in Capital Committee meetings to aid project owners in the explanation and justification of project costs and variances.
- Participates in meetings, training, and conferences to strengthen professional knowledge and skills.
Senior Project Cost Estimator
- Create conceptual, preliminary, and detailed cost estimates for complex transmission, substation, and generation interconnection projects.
- Performs advanced estimate risk analysis, contingency modeling, and estimate validation to support project funding decisions.
- Develops and enhances estimating methodologies, standards, cost models, and benchmarking practices and related applications to support consistent and reliable project estimates.
- Analyzes historical cost data, market trends, labor productivity factors, and escalation impacts to improve estimate accuracy.