American Electric Power

Project Estimator (Sr. - Principal) | GENERATION Site Development & Construction

American Electric Power$88K — $121K *
Energy & Utilities
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Engineering or Construction Sciences; equivalent experience considered.
  • 6+ years of experience in estimating, particularly in heavy industrial/process and power generation.
  • Skillful in using estimating software and understanding market pricing trends.
  • In-depth understanding of construction methodologies and processes.
  • Strong communication and leadership abilities, both written and verbal.

Responsibilities

  • Prepare detailed cost estimates for various power generation projects.
  • Analyze technical documents like drawings and specifications for all project components.
  • Perform quantity take-offs for structural and system installations.
  • Collaborate with engineering teams to clarify scopes and address discrepancies.
  • Develop risk-based contingency policies and monitor market trends for equipment pricing.
  • Review engineering designs for completeness and construction viability.
  • Conduct training and mentoring for junior estimating staff.

Benefits

  • Discretionary annual incentive
  • 401(k) retirement plan
  • Pension plan
  • Health insurance coverage
  • Educational assistance programs
  • Paid vacation time
Full Job Description
Job Posting End Date
07-06-2026
Please note the job posting will close on the day before the posting end date.

Job Summary

Under some supervision, responsible for performing highly technical estimating evaluations for complex projects and outage activities in a safe, efficient and economical manner. This group is responsible for ensuring compliance to defined project estimating and scope control procedures; establishing the process of gathering and integrating estimate and cost information to build master estimating cost models and databases; mentor and train the organization on proper development of project estimates; and developing criteria for estimation and use of project and portfolio contingency. Work with project stakeholders (i.e. project management, engineering, planning, contractors, etc.) to develop, implement and continuously improve estimating and scope change management processes.

Job Description

More Specific to This Opportunity:

-Prepare detailed cost estimates for power generation projects, including new builds, upgrades, retrofits, and maintenance scopes.

-Analyze drawings, specifications, and bid documents for civil, electrical, and mechanical components.

-Perform quantity take-offs for structural, piping, electrical systems, and equipment installations.

-Develop conceptual, budgetary, and definitive estimates at various project stages.

-Identify cost risks, contingencies, and value engineering opportunities.

-Review engineering designs to ensure completeness and constructability.

-Collaborate with engineering teams to clarify scope and resolve discrepancies.

-Evaluate construction methods, materials, labor requirements, and equipment needs.

-Ensure compliance with industry standards, codes, and regulatory requirements.

WHAT YOU'LL DO

- Develop or oversee the development of conceptual estimates for assigned projects; support the planning and engineering groups in the development of all levels of estimates; and collect and analyze close out benchmarking data.

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

- Establish policies and procedures for allocating risk-based contingency; monitor labor market trends; work closely with procurement 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.

- Implement policies and procedures defined in project estimating methods developed by the controls group for the long-range planning and capital development process; develop and maintain standardized 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 and material estimates.

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

- Plan, instruct, and/or coordinate the training and development of estimating employees, as required.

WHAT WE'RE LOOKING FOR

Based on education, experience, interview and internal equity, this opportunity will be filled at either title. For this posting, minimum requirements are stated at the lower grade. Increased expectations are at the higher grade.

Project Estimator Principal (grade 8): Base Salary = $99K - $121K

Project Estimator Sr. (grade 7): Base Salary = $88K - $109K

Education: BS or BA Engineering, Construction Sciences, Engineering Technology equivalent discipline. A minimum of six (6) years of estimating experience that includes cost estimating for heavy industrial/process, power generation and/or transmission.

Non-degreed applicants will be considered with a minimum of eight (8) years of either experience or combined college & experience as described below.

Work Experience: Estimating experience that includes cost estimating for heavy industrial/process and/or power generation; strong knowledge of current market pricing trends and construction execution for capital projects. Sound knowledge of estimating software packages.

OTHER REQUIREMENTS: Physical demand level is Sedentary

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

- Develop and demonstrate outstanding communication skills, both written and verbal, with all stakeholders including team members, sponsors, management and senior management.

- Develop and demonstrate an economic and business acumen with an understanding of the engineering & design, procurement, contracting, estimating, construction and startup procedures and processes.

- Develop and demonstrate strategic thinking, planning, risk assessment and prioritization of project activities skills.

- Support the organization of project activities, delegate project task assignments, set team requirements and expectations to manage deliverables and hold team members accountable.

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

- Develop and demonstrate an understanding of scope management.

- Assist with the evaluation and determination of the skill sets and capabilities of and team members then provide recommendations to ensure project success.

- Possess high level of proficiency and advanced knowledge of construction methodologies.

- Position may require extended hours to accomplish assigned tasks and meet project/outage requirements and schedules.

- Develop and demonstrate ability to maintain a professional working atmosphere.

WHAT YOU'LL GET

Base Salary: approximately $88K - $121K

In addition to base salary, AEP offers competitive Total Rewards including: discretionary annual incentive, 401(k), pension, health insurance, vacation, educational assistance, etc.

AMERICAN ELECTRIC POWER (on-site)

$88K - $121K / Year

#AEPCareers

#LI-ONSITE

Compensation Data

Compensation Grade:

SP20-007

Compensation Range:

$87,633.00 - $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.

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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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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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