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Senior Cost Estimator

Job

M2 Strategy

Remote

$110,000 Salary, Full-Time

Posted 2 weeks ago (Updated 1 day ago) • Actively hiring

Expires 6/7/2026

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Job Description

Senior Cost Estimator 4.7 4.7 out of 5 stars 1335 East West Highway, Silver Spring, MD 20910 Hybrid work $100,000
  • $120,000 a year
  • Full-time M2 Strategy 3 reviews $100,000
  • $120,000 a year
  • Full-time M2 Advantage The Firm is a technology and strategy consulting firm whose motto, Think Differently , is integrated within all components of our solutions and operations.
We integrate artificial intelligence into our consulting practice to streamline operations, enhance decision-making, and deliver measurable results for our clients. Our teams work side by side with AI tools every day to design smarter solutions and uncover efficiencies that traditional methods often miss. As a Platinum Partner with Smartsheet, we help our clients transform, modernize, and digitize their operations while positioning their workforces for the future. We live our four core values: Be Kind, Be the Best You, Bring the WOW factor, and Pay It Forward, which has provided success for our employees and our clients. We don't settle for ordinary; we live, design, and implement the exceptional. We develop leaders at all levels and offer advancement opportunities for individuals looking to develop a long-lasting career with our Firm. A Day in the Life at M2 M2 Strategy is seeking a highly motivated Senior Cost Estimator & IT Project Manager to join our firm and support our government clients, commercial clients, and leadership. Our projects are high-profile, fast-paced, and complex and provide a great opportunity to work on challenging engagements. Please see the responsibilities section below for additional details. What's Important to
Us Benefits:
As well as a highly competitive salary, M2 Strategy offers an extraordinary benefits package including: 100% company-paid individual medical health insurance Voluntary dental insurance Voluntary vision insurance Voluntary short-term and long-term disability insurance Voluntary Life Insurance Matching 401(k) plan that is 100% vested immediately Paid Time Off Paid Federal Holidays Maternity/Paternity/Parental Leave Professional Certification Reimbursement Company Artificial Intelligence Training Employee Recognition for
Achievements and Milestone Anniversaries Team and Corporate Events Note:
This is a full-time salaried position. Resumes from independent consultants or contractors will not be considered. The role supports Federal Government clients, so U.S. Citizenship is required. Due to the high volume of applications, we are unable to respond to individual email or phone inquiries about application status. Candidates selected for next steps will be contacted directly.
Desired Skills and Experience:
The ideal candidate will have relevant experience and proven abilities in: Life Cycle Cost Estimates (LCCE): Develop and maintain full LCCEs covering R D, procurement, operations & support (O&S), and disposal costs. Ensure alignment with the program's acquisition strategy and Milestone requirements (Milestone A, B, C).
WBS Development:
Collaborate with engineers to develop and maintain a product-oriented Work Breakdown Structure (WBS) and Cost Element Structure (CES) in accordance with
MIL-STD-881F
standards.
Methodology Selection:
Apply a mix of estimating methodologies based on data maturity, including:
Parametric:
Using statistical relationships between historical costs and technical/programmatic characteristics (weight, power, SLOC).
Analogy:
Adjusting costs from similar historical programs based on complexity factors.
Engineering Build-Up:
Detailed bottom-up estimating for mature designs.
Data Collection & Normalization:
Research and collect historical cost, technical, and programmatic data from sources like
CADRE , VAMOSC
, or DCARC . Normalize data for inflation (using correct indices) and quantity adjustments.
Software Cost Estimating:
(If applicable) Utilize specific models (e.g., COCOMO
II, SEER-SEM
) to estimate software development effort based on lines of code or function points.
Monte Carlo Simulation:
Perform probabilistic risk assessments (S-Curves) using tools like Crystal Ball or ACEIT to determine the probability of completing the program within budget (e.g., calculating the 50% vs. 80% confidence levels).
Risk Register Integration:
Work with the risk manager to quantify specific discrete risks (e.g., "supply chain delay," "technical test failure") and incorporate them into the cost model.
Sensitivity Analysis:
Conduct "what-if" drills to determine which variables (e.g., labor rates, material costs, schedule duration) have the highest impact on the total cost, allowing leadership to focus mitigation efforts on high-impact drivers. Joint Confidence Level (JCL): (If required by agency) Perform integrated cost-schedule risk analysis to predict the probability of meeting both cost and schedule targets simultaneously.
Budget Defense:
Prepare "budget quality" exhibits and briefing materials for the Planning, Programming, Budgeting, and Execution (PPBE) process (e.g., POM slides, Exhibit 300s). Earned Value Management (EVM)
Support:
Review contractor Integrated Program Management Data Reports (IPMDR/CSDR). Analyze Cost Performance Index (CPI) and Schedule Performance Index (SPI) to forecast Estimates at Completion (EAC). Cost Analysis Requirements Description (CARD): Assist the technical team in drafting and updating the CARD to ensure the cost estimate is based on the most current technical baseline.
Basic Qualifications:
Education:
Bachelor's Degree in Operations Research, Mathematics, Economics, Industrial Engineering, Finance, or a related quantitative discipline. (Master's degree preferred).
Experience:
8 years of relevant experience
Technical Proficiency Specialized Software:
Proficiency in ACEIT (Automated Cost Estimating Integrated Tools) is highly desired. Proficiency in Crystal Ball, @Risk, or SEER suite.
Schedule Integration:
Familiarity with Microsoft Project or Primavera to understand the link between schedule duration and cost (marching army costs).
Operating Status:
Most M2 positions are hybrid roles, which will require working both at clients' work locations and teleworking. Physical Qualification(s)
Required:
Work is performed in an office environment Must be able to remain in a stationary position for an extended period of time Responsible for adhering to all established safety standards
Equal Employment Opportunity:
M2 Strategy is an equal opportunity employer. If you are a qualified individual with a disability or a disabled veteran, you have the right to request a reasonable accommodation if you are unable or limited in your ability to use or access M2 Strategy's career website as a result of your disability. You may request reasonable accommodations by contacting M2 Strategy Talent Acquisition Team, m2.apply@m2strategy.com, 703-822-5600.
Note:
We may use technology, including AI-assisted tools, to support the review of applications; all employment decisions are made by qualified human professionals. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, or national origin, protected veteran status, or any other legally protected basis, in accordance with applicable federal, state and local laws.
Pay:
$100,000.00
  • $120,000.
00 per year
Benefits:
401(k) 401(k) matching AD&D insurance Dental insurance Employee assistance program Employee discount Flexible schedule Health insurance Life insurance Paid time off Parental leave Professional development assistance Referral program Vision insurance
Education:
Bachelor's (Required)
Work Location:
Hybrid remote in Silver Spring, MD 20910

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