Sr Product Manager - Cost Estimation

Aspen Technology; Bedford (MA); On-site; USD 147,000 - 184,000; Full time

Benefits offered by this job

Paid time off

Charitable giveback day

Medical/dental/vision insurance

Retirement benefits

Job summary

Aspen Technology seeks a strategic and technical Product Manager to lead the evolution of our capital cost estimation solutions. You will own the product vision, manage a SAFe-aligned roadmap, and partner with R&D to deliver high-performance, data-driven estimation tools for the Process Industry.

Lead cross-functional teams, translate complex workflows into intuitive web experiences, and conduct ongoing discovery with end users to refine the product lifecycle.

Qualifications

• 5+ years in enterprise software product management.
• 2+ years leading SAFe agile initiatives.
• Experience with capital cost estimation, cost modeling or heavy industrial project planning.
• Able to translate user needs into software features.

Responsibilities

• Define and own the roadmap for capital cost estimation products.

Skills

Product management

SAFe

Azure DevOps

Stakeholder communication

Cost estimation domain knowledge

Education

Bachelor's/Master's in Engineering

MBA desired

Job description

The driving force behind our success has always been the people of AspenTech. What drives us, is our aspiration, our desire and ambition to keep pushing the envelope, overcoming any hurdle, challenging the status quo to continually find a better way. You will experience these qualities of passion, pride and aspiration in many ways — from a rich set of career development programs to support of community service projects to social events that foster fun and relationship building across our global community.

The Role

We are seeking a strategic and technical Product Manager to lead the evolution of our Aspen Capital Cost Estimation solutions and drive growth. In this role, you will drive the product vision and execution for critical CAPEX/OPEX estimation tools for the Process Industry. You will play a pivotal role in a major initiative of transforming our applications. If you thrive in a Scaled Agile environment and enjoy turning complex engineering workflows into seamless user experiences, we want you on our team.

Your Impact

• Product Strategy & Roadmap: Define and own the product roadmap for our capital cost estimation portfolio, ensuring alignment with overall business objectives and user needs. Define strategic priorities and build business cases to justify the priorities.
• Agile Leadership: Function as the primary Solution Manager for the product within a Scaled Agile Framework (SAFe) environment. Coordinate with R&D leaders, architects, and Agile Release Trains, manage the product backlog meticulously in Azure DevOps, and write clear, actionable features.
• Technical Integration: Partner closely with R&D teams to integrate complex calculation and leverage data fabric architectures to ensure high performance and data integrity.
• Cross-Functional Collaboration: Work alongside UX/UI designers, domain experts, and stakeholders to translate deep technical cost-estimation workflows into intuitive, modern web experiences. Support Sales and SC teams with customer engagements.
• Market & User Research: Conduct continuous discovery with end-users to understand their pain points in capital project planning and cost modeling, incorporating feedback into the product lifecycle. Leverage tools such as usage data, market & competitive research, macroeconomic trends, and close collaboration with Sales organization.
• Stakeholder alignment: ensure appropriate sign offs and alignment with management and other key stakeholders.

What You'll Need

• Bachelor’s or Master’s degree in Chemical Engineering, Mechanical Engineering or a related technical or business field. MBA desired.
• Experience: 5+ years of experience in enterprise software Product Management, preferably within engineering, construction, or adjacent software domains.
• Domain Knowledge: Strong understanding of capital cost estimation processes, cost modeling, or heavy industrial project planning.
• Technical and Business Acumen: Proven track record of leading product development efforts. Analyze customer feedback, product usage data, and market trends to support software feature planning.
• Methodology: Deep expertise in the Scaled Agile Framework (SAFe) and hands-on experience managing backlogs in tools like Azure DevOps.
• Skills: Exceptional communication skills with the ability to bridge the gap between highly technical engineering teams and business stakeholders.

The salary range for this role is $146,900.00 - $183,600.00. This range represents what we in good faith believe is the range possible for base compensation for this role at the time of this posting. We may ultimately pay more or less than the posted range based on several factors. This range may be modified in the future. This role is also eligible for bonus or variable incentive pay. Additionally, we offer a comprehensive benefits package including paid time off, charitable giveback day, medical/dental/vision insurance, and retirement benefits to eligible employees.