Senior Cost Management Analyst

Washington, D.C
May 30, 2023
Jun 06, 2023
Full Time

The incumbent will develop and maintain defensible Independent Cost Estimates (ICEs) for select Library programs; perform Independent Cost Assessments (ICAs), and craft, implement, and monitor the policies, procedures, and standards for cost management practices Library-wide. The incumbent will assess cost related risks, identify and communicate corrective actions, and collaborate with Service Unit leadership and management on budgetary and timing issues. Collaborative communication is an essential skill as the incumbent will work with Service Units and subject matter experts (SMEs) in the development of cost estimates and related cost management practices.

Directs and prepares ICEs and ICAs, providing independent cost estimates for the Library's program and projects (both IT and non-IT) in close coordination with the Office of the Chief lnformation Officer (OCIO) and other Service Units as appropriate. Develops and manages an estimation model and method to enable cost management practices. Applies in depth knowledge and experience with cost estimation software. Stays up to date on federal budgeting practices in the Legislative branch including appropriations law.

Requires expertise in parametric modeling, risk analysis, regression techniques, independent cost estimates, and IT cost estimation. Provides guidance and oversight over Library-wide cost estimation practices. Works under limited direction, performing professional level preparations for total cost estimates at different stages in the lifecycle of programs and projects. Develops cost estimation models, conducts feasibility studies and tradeoff analyses, assesses risk and schedules, and prepares and evaluates estimates. Works with stakeholders to understand program and project requirements in order to provide insightful cost management recommendations. Constructs and monitors data accumulation models to provide appropriate, evidence-based cost information to management. Provides cost information and analysis to Library stakeholders for decision-making, performance management, and future budget justification.

As part of updating cost estimates, compares actual cost and performance with estimated costs and scheduled activities. Reports any difference in costs and cost which exceeds established threshold to management. Prepares a periodic report of monitoring results and recommendations for review as required by the cost estimation governance, amongst other requirements. Coordinates and facilitates periodic meetings with management and respective stakeholders to discuss estimates, policies, and procedures. Supports independent cost reviews for programs and projects over certain thresholds.

Performs cost analysis to assist program management staff evaluate trade-offs, analyze alternatives, assess cost estimates, and run cost projections. Provides program management with cost related data for performance management. Establishes a tracking system to monitor actual versus planned performance. Prepares recommendations on planning practices. Shares best practices in cost estimation to Library program managers. Provides supplementary training on the Life Cycle Cost Estimate (LCCE) process. Leads or participates in communities of practice. Reviews for completeness cost estimate's artifacts, including of documentation for the technical baseline and basis of estimate. Supports the EPM Program Manager with program and project management duties as necessary. Prepares requests for information, statements of work, and other acquisition-related documents. Serves as Contracting Officer Representative as needed.

Leads the collaborative development of comprehensive cost management policies and procedures for various IT and non-IT programs at the Library of different size, scope, and complexity. Conducts analysis and provides recommendations to establish and formalize cost management governance with a large focus on cost estimation practices. Advises FSD and management of potential needs for new or updated cost estimation policies and procedures. Creates and revises procedures to trace costs back to underlying activities. Reviews and recommends cost related internal controls. Writes the associated policies, procedures and standards. Advises on the selection of pilot studies and conducts pilot studies to test and enhance respective policies, procedures, and their implementation. Combines strong communication skills with knowledge of cost management to assist stakeholders during the Library-wide implementation.

Develops and revises user manuals, handbooks, and training materials for cost estimation and cost management techniques, to help improve program management efficiency and effectiveness. Gathers requirements from the SUs and leverages known gaps to drive market research. Stays up to date on cost estimation practices and software. Updates training materials, tools, and policy artifacts as needed.


Conditions of Employment

Library of Congress employees are prohibited from using illegal drugs, including marijuana. The Library is part of the Federal Government and abides by federal law, so regardless of individual state or District of Columbia laws, marijuana use is illegal, considered criminal activity, and can affect your employment at the Library. In addition, past or current drug use and activities (e.g., selling or distributing) may deem you ineligible for employment.


Applicants must have had progressively responsible experience and training sufficient in scope and quality to furnish them with an acceptable level of the following knowledge, skills, and abilities to perform the duties of the position without more than normal supervision.

Ability to perform independent cost estimate review services.**

Ability to estimate the lifecycle costs of a complex program involving a multi-year acquisition.

Ability to construct and monitor data accumulation models to track costs and provide evidence-based cost information to management.

Ability to communicate analysis and/or recommendations through technical papers, presentations, and briefings.

Ability to develop cost management policy and procedures.**

Ability to interpret and understand solution designs and architecture documents for a variety of different applications and environments.**

Ability to build and maintain relationships with individuals from varying backgrounds and levels.

Ability to communicate effectively other than in writing.

Additional information

Although it is the Library's policy to afford the maximum pay benefit to employees when setting rates of pay, a new appointee who has had no previous Federal service will generally be paid at step one of the grade.

The Library of Congress is an equal opportunity employer. Women, minorities, and persons with disabilities who meet eligibility requirements are strongly encouraged to apply.

Applicants must submit a complete application package that is received by the closing date of this announcement.

Appointment/retention is subject to a favorable evaluation of an appropriate personnel security/suitability investigation. For more information, please see: Vetting Process

This agency provides reasonable accommodation to applicants with disabilities. If you need a reasonable accommodation for any part of the application and hiring process, please email The decision on granting reasonable accommodation will be determined on a case-by-case basis.

Applicants with disabilities may be considered under special hiring procedures and must submit an appropriate certificate of eligibility when applying for this position. The proof or disability/certification may be issued by the State Vocational Rehabilitation Office, Disability Services or Career Services office of the applicant's college or university, or the Department of Veterans Affairs. The letter must verify that the applicant has a severe disability and must be dated within three years of the date of the application. Certification from health care providers are not accepted. For more information contact the Library's Office of EEO/Diversity Programs at 202-707-6024 or email FAILURE TO SUBMIT YOUR CERTIFICATION WILL CAUSE YOUR APPLICATION TO NOT BE CONSIDERED UNDER THE SELECTIVE PLACEMENT PROGRAM.

The Library of Congress is the national library of the United States and is part of the Legislative Branch of the Federal government. As such, all positions are in the excepted service.

The Library reserves the right to fill a lesser or greater number of vacancies indicated during the life of this vacancy announcement.

Initial permanent appointments to the Library of Congress require completion of a one-year probationary period. Probationary periods served at other Federal agencies do not count toward this requirement.

The Library of Congress may offer repayment for all or part of federally insured student loans. However, not all service units within the Library of Congress participates in the repayment of federally insured student loans. Therefore, determination to repay a federally insured student loan is subject to approval by the appropriate service unit.

A "Not to Exceed" (NTE) status is used to identify an appointment with a specific ending date. However, the Library has the right to separate a NTE employee at any time due to either performance issues or budget constraints.

Are you a veteran? Please indicate the type of veterans' preference you are claiming in your application materials and/or applicant profile and provide the appropriate supporting documentation to validate your claim. Those applying for 5-point preference must submit Member Copy 4 of your DD 214. Those applying for 10-point preference must fill out an SF-15 (click here for the form) and provide the required documentation listed on the back of the form. If required supporting documentation is not attached, Veterans' Preference will not be considered in the application process.