Description:
As a Modelling Principal you will be a key member of the Cost Estimating and Modelling Team providing leadership, specialist subject matter expertise and supporting the implementation of P3M Project Controls and enterprise-wide business and quantitative modelling
As a Modelling Principal we would like you to have experience of the following:
- Comprehensive working experience in Quantitative Risk Analysis (QRA), developing models encompassing cost, schedule and risk data
- Able to understand and interpret complex models and outputs
- Experience of large projects, programmes, and working within a project controls environment, including stakeholder engagement at all levels
- Extensive working experience at a senior level using statistical methods, modelling or risk review
- Co-ordinating a team and developing processes and methodologies
- Experience working within construction, engineering, or regulated environments (MOD/Defence/Nuclear/Regulated)
- Good technical review skills, risk software experience
- Building great relationships and engaging with people across the organisation
- Juggling priorities and delivering within demanding timescales
- Problem solving and reaching conclusions
- Professional body membership IRM, ACostE or APM is highly desirable
A typical day for a Modelling Principal could look like this:
- Acting as the single modelling SME and Point of Contact as set by the Head of Estimating and the PMO
- Maintaining an effective modelling and estimating service to meet business needs
- Co-ordinating a small team of specialists
- Developing and maintaining key relationships
- Leading on validation reviews, assurance and audit
- Interpret outputs from a range of quantitative modelling tools and techniques
- Validate and underwrite bespoke enterprise-wide requirements
- Advocating modelling; its benefits, providing advice and enabling informed solutions
- Develop training and creating development material
- Coaching, mentoring and functional development
- Implementation of the fundamentals of Quantitative Risk Analysis (QRA) practice
- Understanding and interpretation of complex models and outputs
- Understanding, interpreting and manipulating cost and schedule data
- Development and application of Cost and Schedule Risk Reviews (‘confidence models’)
- Providing support to business cases and investment approvals
- Developing and supporting continuous improvement and cost benchmarking activities
- Managing interfaces with the Head of Estimating and Head of Risk