Principal Cost Associate

Principal Cost Associate

Principal Cost Estimator Associate

Peterson Space Force Base
- Peterson SFB, CO US (Primary)

Bachelor's Level Degree

Full-time

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…