Sr. Product Manager - Cost Estimation

Posted 2 Days Ago
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Bedford, MA, USA
In-Office
147K-184K Annually
Senior level
Software • Energy
The Role
Lead product vision and execution for Aspen’s capital cost estimation portfolio. Own roadmap, build business cases, act as Solution Manager in SAFe, manage backlog in Azure DevOps, integrate complex calculations and data fabric architectures, collaborate with UX, R&D, and sales, conduct user and market research, and align stakeholders.
Summary Generated by Built In

The driving force behind our success has always been the people of AspenTech. What drives us, is our aspiration, our desire and ambition to keep pushing the envelope, overcoming any hurdle, challenging the status quo to continually find a better way. You will experience these qualities of passion, pride and aspiration in many ways — from a rich set of career development programs to support of community service projects to social events that foster fun and relationship building across our global community.

The RoleWe are seeking a strategic and technical Product Manager to lead the evolution of our Aspen Capital Cost Estimation solutions and drive growth. In this role, you will drive the product vision and execution for critical CAPEX/OPEX estimation tools for the Process Industry. You will play a pivotal role in a major initiative of transforming our applications. If you thrive in a Scaled Agile environment and enjoy turning complex engineering workflows into seamless user experiences, we want you on our team.

Your Impact
  • Product Strategy & Roadmap: Define and own the product roadmap for our capital cost estimation portfolio, ensuring alignment with overall business objectives and user needs. Define strategic priorities and build business cases to justify the priorities.
  • Agile Leadership: Function as the primary Solution Manager for the product within a Scaled Agile Framework (SAFe) environment. Coordinate with R&D leaders, architects, and Agile Release Trains, manage the product backlog meticulously in Azure DevOps, and write clear, actionable features.
  • Technical Integration: Partner closely with R&D teams to integrate complex calculation and leverage data fabric architectures to ensure high performance and data integrity.
  • Cross-Functional Collaboration: Work alongside UX/UI designers, domain experts, and stakeholders to translate deep technical cost-estimation workflows into intuitive, modern web experiences. Support Sales and SC teams with customer engagements.
  • Market & User Research: Conduct continuous discovery with end-users to understand their pain points in capital project planning and cost modeling, incorporating feedback into the product lifecycle. Leverage tools such as usage data, market & competitive research, macroeconomic trends, and close collaboration with Sales organization.
  • Stakeholder alignment: ensure appropriate sign offs and alignment with management and other key stakeholders.

What You'll Need
  • Bachelor’s or Master’s degree in Chemical Engineering, Mechanical Engineering or a related technical or business field. MBA desired.
  • Experience: 5+ years of experience in enterprise software Product Management, preferably within engineering, construction, or adjacent software domains.
  • Domain Knowledge: Strong understanding of capital cost estimation processes, cost modeling, or heavy industrial project planning.
  • Technical and Business Acumen: Proven track record of leading product development efforts. Analyze customer feedback, product usage data, and market trends to support software feature planning.
  • Methodology: Deep expertise in the Scaled Agile Framework (SAFe) and hands-on experience managing backlogs in tools like Azure DevOps.
  • Skills: Exceptional communication skills with the ability to bridge the gap between highly technical engineering teams and business stakeholders.
The salary range for this role is $146,900.00 - $183,600.00. This range represents what we in good faith believe is the range possible for base compensation for this role at the time of this posting. We may ultimately pay more or less than the posted range based on several factors. This range may be modified in the future. This role is also eligible for bonus or variable incentive pay. Additionally, we offer a comprehensive benefits package including paid time off, charitable giveback day, medical/dental/vision insurance, and retirement benefits to eligible employees.

Skills Required

  • Bachelor's or Master's degree in Chemical Engineering, Mechanical Engineering or a related technical or business field.
  • MBA
  • 5+ years of experience in enterprise software Product Management
  • Experience in engineering, construction, or adjacent software domains
  • Strong understanding of capital cost estimation processes, cost modeling, or heavy industrial project planning
  • Deep expertise in the Scaled Agile Framework (SAFe) and hands-on experience managing backlogs in tools like Azure DevOps
  • Proven track record of leading product development efforts and strong analytical/product decision skills
  • Exceptional communication skills with the ability to bridge technical engineering teams and business stakeholders

Aspen Technology Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Aspen Technology and has not been reviewed or approved by Aspen Technology.

  • Healthcare Strength Health coverage is described as strong, with comprehensive medical, dental, and vision plans and high-quality carrier options. Several recent remarks characterize the health insurance as "great" or "amazing," with low copays noted in some cases.
  • Parental & Family Support Maternity and paternity leave receive consistently positive mentions and are characterized as well-reviewed. Company materials also highlight family-oriented benefits alongside core coverage.
  • Leave & Time Off Breadth The package includes vacation/PTO, paid holidays, and sick leave, with multiple indications of generous paid time off. Dedicated volunteer hours and well-regarded leave policies reinforce breadth in time-away benefits.

Aspen Technology Insights

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The Company
HQ: Bedford, MA
2,466 Employees

What We Do

AspenTech is a global leader in asset optimization software helping the world’s leading industrial companies run their operations more safely, efficiently and reliably – enabling innovation while reducing waste and impact on the environment. AspenTech software accelerates and maximizes value gained from digital transformation initiatives with a holistic approach to the asset lifecycle and supply chain. By introducing effective AI modeling to traditional principles of process engineering, AspenTech delivers a faster and more accurate analysis of efficiency and performance boundaries. The real-time data and actionable insights delivered by our software help customers push the boundaries of what’s possible.

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