SENIOR CAPITAL COST MANAGER

Key Responsibilities

• Support project formation by informing early-phase budgets and estimates provided by consultants using historical project data and benchmark metrics.
• Assess cost implications of programmatic assumptions, building systems, site conditions, utility connections, permitting and delivery method selection.
• Identify cost risks, scope gaps, and anomalies prior to project authorization.
• Affirm options analysis and scenario modeling to support leadership decisions.
• Benchmarking & Cost Analytics
• Develop and maintain a benchmark cost database for facilities projects, including construction, soft costs, escalation, contingencies, and allowances.
• Normalize historical project data to enable consistent comparisons across project types and delivery methods.
• Analyze cost drivers for complex facilities (e.g., laboratories, research cores, utilities, specialized systems).
• Conduct peer benchmarking with comparable R1 research institutions and regional/national datasets, highlighting discrepancies and identifying opportunities for cost saving measures.
• Delivery Support & Cost Governance
• Partner with project managers during delivery to assess cost trends relative to benchmarks.
• Support scope, budget, and change discussions with objective, data-backed analysis.
• Establish and maintain cost benchmarking standards and methodologies within Asset Management in alignment with state- mandated forms.
• Track budget (and scope) variability of projects from formation to completion to inform cost and performance metrics and potential areas of improvement (e.g. unit pricing, soft costs, contingencies, delivery method, escalation, code/standard impacts, etc.).
• Reporting & Communication
• Prepare clear, concise reports and dashboards for Facilities leadership, campus stakeholders, and governance bodies.
• Communicate assumptions, limitations, and findings in a manner that is accessible to non-technical audiences.
• Serve as a trusted internal advisor on cost reasonableness and market conditions, questioning or validating areas of differentiation.

Required Qualifications

• Bachelor’s degree in construction management, architecture, engineering, finance, or a related field.
• 8-12+ years of experience in cost analysis, estimating, benchmarking, or capital financial analysis.
• Demonstrated experience working with large-scale capital projects in institutional or public-sector environments.
• Strong analytical skills with advanced Excel proficiency.
• Ability to translate technical cost data into actionable insights and presentation-quality communications.

Core Competencies

• Analytical rigor and attention to detail.
• Early-phase judgment and independence.
• Collaborative, service-oriented mindset.
• Clear written and verbal communication.
• Stewardship of public and institutional resources.