Principal Cost Estimator Associate

Quantech Services, Inc.; Los Angeles (CA); On-site; USD 80,000 - 110,000; Full time

Job summary

Quantech Services, Inc. is hiring a Principal Cost Estimator Associate for a full-time position based in Los Angeles Air Force Base. This role involves developing and maintaining cost estimates for various programs throughout the acquisition life cycle. Candidates must hold a Bachelor's Level Degree and possess strong analytical and spreadsheet modeling skills.

The position requires supporting contract award activities and assessing program performance and cost risks. Relevant knowledge of cost policies and software tools like ACE-IT, SEER, and PRICE is essential.

Responsibilities

• Develop credible and defensible cost estimates for programs in the acquisition life cycle.
• Analyze historical data to develop Cost Estimating Relationships (CERs).
• Build complex spreadsheet-based program cost models for decision analysis.
• Support cost related activities associated with contract awards.
• Assess program performance, cost, and schedule risk.

Education

Bachelor's Level Degree

Tools

ACE-IT

SEER

PRICE

Job description

Principal Cost Estimator Associate

Functional Title: Senior Cost Estimator Associate

Contract position State Location: Los Angeles Air Force Base - US (Primary)

Education: Bachelor's Level Degree

Job Type: Full-time

Job Description

• Develop, maintain, and update credible, defensible, and replicable cost estimates for all programs in the Division's portfolio in any phase of the acquisition life cycle
• Develop, maintain, and update credible, defensible, and replicable cost estimates for software related components of all programs leveraging source/logical/physical lines of code, programming productivity and maintainability, code growth, engineering updates, capability insertion in accordance with the applicable program documents (e.g., Cost Analysis Requirements Description) and the applicable policies and guidance
• Develop, analyze, reconcile, and/or assess Program Office Estimates, Single Best Estimates, Independent Cost Estimates, Independent Cost Analyses, Sufficiency Reviews, Cost Excursions, Rough Orders of Magnitude, Service Cost Positions, Program Contractor Cost Estimate, Program Executive Officer Estimates in support of annual Program Objective Memorandum (POM) submissions, Should Cost Estimates, Independent Program Assessments, Milestone Cost Estimate Reviews, Interim Program Cost Estimate Reviews, and "what-if" Cost Estimates
• Analyze historical data and develop analogies and Cost Estimating Relationships (CERs) using regression analysis
• Understand technology trends and analyze impacts on cost
• Develop risk and uncertainty distributions for cost driver variables and Cost Estimating Relationship (CER) equations
• Study, analyze, and develop metrics for complex, modern software development programs
• Build complex spreadsheet-based program cost models used as decision analysis tools
• Apply statistical concepts to quantify the probability of success for program budget and schedule plans
• Document, identify, and record all data/information required for the development of the cost estimates to include methodologies, assumptions, Cost Estimating Relationships (CERs), inflation rates, growth factors, risk factors, uncertainty factors, program dates, program milestones, etc.
• Support development, creation, integration, and correlation of briefings charts
• Support all cost related activities associated with contract award activities - Acquisition Planning, Draft RFP Release, ESIS, ASP, RFP Release, Technical Evaluation, Source Selection, Contract Negotiation, etc.
• Create Business Case Analyses, Cost Benefit Analyses, and Economic Analyses
• Use prescribed standardized/specialized software applications such as ACE-IT, SEER, and PRICE; and apply data from Government-approved published databases
• Possess knowledge of all applicable cost policies and guides - DoDI 5000.73, AFI 65-508, GAO Cost Estimating and Assessment Guide, JA CSRUH, etc.
• Assist in the development of Program Work Breakdown Structures as required and evaluate approved Contract Work Breakdown Structures to ensure and maintain compliance with Military Standard 881F, Defense Cost and Resource Center, Office of the Secretary of Defense/Cost Assessment and Performance Evaluation requirements
• Support the preparation of Program Office Technical Baselines and Cost Analysis Requirements Descriptions (CARDs) as applicable; ensuring completeness and consistency with other program documents
• Support development, review, and update of all cost related tasks/suspenses, staff packages, and action items
• Support and attend Government/Prime Contractor meetings for information gathering purposes to assist the government in assessing cost estimates
• Assess program performance, cost, and schedule risk as applicable to the cost estimate and appropriately factor any risk and uncertainty into the cost estimates
• Analyze program contractor cost estimates to ensure consistency with Government cost estimating procedures; analyze the contractor BOEs, crosscheck WBS elements or cost drivers
• Provide cost related support to accomplish required Acquisition Reporting, to include but not limited to the Monthly Acquisition Report (MAR), the Selected Acquisition Report (SAR), Defense Acquisition Executive Summary (DAES), Acquisition Program Baseline (APB) and Program Management Reviews (PMRs)

Job Requirements

Minimum/General