American Electric Power

Project Estimator Principle

American Electric Power$98K — $128K *
Real Estate & Construction
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Construction Management, Project Management, or related field plus 6 years of experience or an Associate's degree with 8 years of relevant experience.
  • Highly proficient in engineering, design, estimating, and construction execution.
  • Strong leadership, team building, and communication skills across all levels of stakeholders.
  • Demonstrated strategic thinking, risk assessment, and project prioritization abilities.
  • High level of proficiency and advanced knowledge of construction methodologies.

Responsibilities

  • Develop detailed project cost estimates in collaboration with project sponsors and stakeholders.
  • Interface with multiple teams to manage and follow up on estimate efforts.
  • Establish and monitor policies for risk-based contingency allocation and cost tracking.
  • Review and validate estimates for completeness and reasonableness.
  • Mentor and train junior Project Estimators to enhance team capabilities.
  • Provide advanced technical guidance on estimate development and resolution.
  • Oversee contractor-prepared estimates ensuring accuracy and compliance with standards.

Benefits

  • Opportunity for mentorship and professional development.
  • Flexible job location with remote work options after approval.
  • Commitment to ethical behavior and corporate compliance policies.
  • Engagement with innovative and complex project estimations.
  • Exposure to a variety of stakeholders across engineering and project management fields.
Full Job Description
Job Posting End Date
07-21-2026
Please note the job posting will close on the day before the posting end date

Job Summary

Responsible for performing highly technical estimates for Transmission line and substation projects, including very complex projects, in a safe, efficient and economical manner. This position is responsible for complying with defined project scoping and estimating procedures; gathering and integrating estimate and cost information to build & update master estimating cost models and databases; developing criteria for estimation and use of project and portfolio contingency; working with project stakeholders (i.e. project management, engineering, planning, construction, contractors, etc.) to develop, implement and continuously improve scoping and estimating processes; and mentoring and training less experienced Project Estimators.

Job Description

ESSENTIAL JOB FUNCTIONS:

1) Support project sponsors in development of conceptual estimates; collaborate with engineering, project management, and other stakeholders in the development of the detailed project scope of work, including for very complex projects; prepare detailed project cost estimates based on the approved scope of work.

2) Interface with planning, engineering, project engineering/management, outage management, construction, and operating company personnel to identify/initiate, scope, status and follow-up estimate efforts (if necessary). This role includes providing recommendations and guidance to interfacing groups/individuals regarding estimate approach and input requirements.

3) Establish policies and procedures for allocating risk-based contingency; monitor labor market trends; work closely with Procurement and Transmission Performance Management to track equipment pricing trends; develop and analyze historical records of project costs; review and critique designs and specifications for cost effectiveness and suggests alternatives when appropriate.

4) Adhere to standard processes and procedures for estimating; review estimate basis and assumptions for completeness and reasonableness. Work with functional departments and service organization to develop services labor estimates.

5) Provide advanced technical direction and guidance regarding estimate approach/development, assumptions/qualifications and resolution of estimate issues.

6) Provide lead estimating on unique, one-of-a-kind estimate requests, which could contain new technology work scope that would require additional research and creative approached to estimate development.

7) Oversee, review and analyze estimates prepared for AEP by contractors. Provide oversight on contract estimates to project managers and engineers with respect to basis of estimate, benchmarking, labor and equipment costs, unit rates, schedule, site conditions, removal and repair scope, and other costs and contingency.

8) Assist with maintaining the integrity of the estimating software and associated resource and assembly cost data.

9) Mentor and develop less experienced Project Estimators.

10) Demonstrate the highest standards of ethical behavior and support the Company's Corporate Compliance Policy.

MINIMUM REQUIREMENTS:

Education & Experience requirements are listed below:
Bachelor's degree in Construction Management, Project Management or related field of study PLUS a minimum of six (6) years of experience in engineering, design, estimating, project management, or construction execution.

OR

Associate's Degree in a related field of study PLUS 8 years experience in engineering, design, project management, estimating, or construction execution.

OTHER REQUIREMENTS: Physical demand level is Sedentary

1. Demonstrate effective leadership, team building and meeting management skills.

2. Demonstrate a high-level of confidence in the ability to lead a team and a project to successful conclusion.

3. Demonstrate outstanding communication skills, both written and verbal, with all stakeholders including team members, sponsors, management and senior management.

4. Demonstrate an economic and business acumen with an understanding of the Engineering & Design, Procurement, Contracting, Estimating, Construction and Test & Checkout procedures and processes.

5. Demonstrate strategic thinking, planning, risk assessment and prioritization of project activities and skills.

6. Demonstrate conflict management skills to resolve disputes and to maximize synergies with an overriding goal to do the "right thing" for the company.

7. Demonstrate an understanding of scope management. 8. Be accountable for project assignments.

9. Demonstrate the skills of organizing project activities, delegating project task assignments, setting team requirements and expectations to manage deliverables, and holding team members accountable.

10. Demonstrate the ability to evaluate and determine the skill sets and capabilities needed of team members to assure project success.

11. Demonstrate a high level of proficiency and advanced knowledge of construction methodologies.

12. Position may require extended hours to accomplish assigned tasks and meet project requirements and schedules.

13. Demonstrate the ability to maintain a professional working atmosphere.

Compensation Data

Compensation Grade:

SP20-008

Compensation Range:

$98,993.00 - $128,688.00

The Physical Demand Level for this job is: S - Sedentary Work: Exerting up to 10 pounds of force occasionally (Occasionally: activity or condition exists up to 1/3 of the time) and/or a negligible amount of force frequently. (Frequently: activity or condition exists from 1/3 to 2/3 of the time) to lift, carry, push, pull or otherwise move objects, including the human body. Sedentary work involves sitting most of the time but may involve walking or standing for brief periods of time. Jobs are sedentary if walking and standing are required only occasionally, and all other sedentary criteria are met.

Candidates will be considered based on their qualifications and the candidate's ability to work from an approved work location. Although the location is flexible, AEP does not have a presence in all states and localities. The following locations are NOT currently approved for this position: AK, CA, CO, CT, DE, HI, IA, ID, KS, MA, ME, MS, MT, ND, NH, NJ, NM, NV, NY, OR, RI, SD, UT, VT, WY, US Territories or international work locations. AEP will consider qualified candidates who are willing to relocate to an approved work location, at the candidate's expense, provided the relocation can be completed within a timeframe that meets AEP's staffing needs. NOTE: All remote work locations require vetting and final approval prior to offer and/or start date. Any work locations listed as preferred or unapproved relate specifically to the requirements for this position and are not necessarily applicable to other posted positions.

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About American Electric Power

American Electric Power generates, transmits, and distributes electricity, serving residential, commercial, and industrial customers nationwide. AEP serves millions of customers across 11 states. It operates in the generation, transmission, and distribution of electricity, providing power to residential, commercial, and industrial customers. AEP generates electricity using diverse sources, including coal, natural gas, nuclear, and renewable energy like wind and solar. The company maintains a vast transmission network that delivers electricity from power plants to local distribution systems, ensuring a stable and reliable power supply. AEP is actively involved in renewable energy initiatives, investing in wind farms and solar facilities to diversify its energy portfolio and reduce its environmental impact. Additionally, the company engages in community outreach, supporting education, environmental conservation, and various social initiatives.

American Electric Power Careers

Join the dynamic team at American Electric Power (AEP), one of the largest electric utilities in the United States, and ignite your career with a company known for its commitment to innovation and leadership in the energy sector.

Opportunities Await

At AEP, we offer a multitude of job opportunities that cater to a variety of skills and professional interests. Whether you're seeking an entry-level position or a more senior role, our diverse range of employment options ensures that there's a place for every ambitious individual in our team.

Grow and Innovate

Embark on a journey of growth and professional development with AEP. Our company is at the forefront of the energy industry’s transformation, integrating sustainable and innovative practices that not only lead the market but also contribute to a greener planet. Engage in work that challenges the status quo, pushing the boundaries of what is possible in the energy sector.

Culture and Benefits

AEP is dedicated to fostering a culture of diversity and inclusion, where every team member’s contribution is valued. We offer competitive benefits that support the health, well-being, and financial security of our employees and their families. From comprehensive health benefits to professional development programs and diversity training, AEP ensures that our team is equipped for both personal and professional success.

Internship Programs

Kickstart your career with an AEP internship. Our programs provide invaluable industry experience and networking opportunities that pave the way for future employment. Interns at AEP work on real projects, learn from seasoned professionals, and gain the hands-on experience necessary to succeed in the fast-paced world of energy.

Leadership and Development

Leadership at AEP means more than guiding teams – it involves inspiring change and driving innovation. With leadership development programs, employees are prepared to take on challenging roles that shape the future of the company and the industry. Our focus on leadership and continuous improvement creates an environment where ambitious professionals can thrive.

Join Our Team

Explore the career possibilities at American Electric Power today. Search open positions that match your skills and interests. We are constantly hiring new talent and look for passionate, curious, and solution-driven team players. Prepare your resume, ace the interview, and join a company where your career can flourish.

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Whether you're a seasoned professional or new to the industry, AEP offers a dynamic work environment where innovation, leadership, and growth are part of everyday life. Join us in powering a new and brighter future for everyone.
Learn more about American Electric Power
Size
16,688 employees
Market Cap
$48.8 billion
Industry
Net Income
$2.2 billion
Founded
1906
5 Year Trend
+0.5%
Revenue
$14.9 billion
NASDAQ

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