VP, Cost Management, Data Centers

About this role

JLL empowers you to shape a brighter way.
Our people at JLL are shaping the future of real estate for a better world by combining world class services, advisory and technology for our clients. We are committed to hiring the best, most talented people and empowering them to thrive, grow meaningful careers and to find a place where they belong. Whether you’ve got deep experience in commercial real estate, skilled trades or technology, or you’re looking to apply your relevant experience to a new industry, join our team as we help shape a brighter way forward.
What this job involves:
As VP, Cost Manager specializing in data centers, you will lead cost management and financial oversight for mission-critical infrastructure projects requiring specialized expertise in complex MEP systems, power distribution, and cooling technologies. You will provide strategic cost planning, detailed estimating, and value engineering throughout all phases of data center development—from feasibility and design through construction and commissioning. Your deep knowledge of data center construction costs, equipment pricing, and market dynamics will be essential to delivering accurate financial guidance for clients investing hundreds of millions in critical infrastructure. Working as a trusted advisor to clients and project teams, you will ensure cost certainty and financial performance across large-scale data center programs while maintaining the exacting standards required for 24/7 operational environments.

What your day-to-day will look like:
Strategic Cost Planning & Estimating

• Developing comprehensive cost estimates for data center projects from conceptual design through detailed construction documentation

• Preparing feasibility studies, cost models, and budget scenarios for hyperscale facilities, colocation environments, and enterprise data centers

• Analyzing costs for mission-critical infrastructure including electrical distribution systems (medium voltage switchgear, transformers, UPS, generators, PDUs), mechanical cooling systems (chillers, cooling towers, CRAC/CRAH units, economizers), and supporting infrastructure

• Creating detailed cost breakdowns by system and trade, accounting for data center-specific requirements and long-lead equipment procurement schedules

• Benchmarking costs against industry standards, regional market conditions, and historical data center project performance

Value Engineering & Cost Optimization

• Leading value engineering workshops to identify cost savings opportunities while maintaining Uptime Institute tier requirements and operational resilience

• Evaluating alternative design solutions, equipment selections, and construction methodologies to optimize total cost of ownership

• Analyzing trade-offs between capital costs, energy efficiency, operational expenditures, and lifecycle performance

• Reviewing specifications and technical requirements to identify cost reduction opportunities without compromising critical system redundancy

• Providing cost/benefit analysis for emerging technologies including liquid cooling, modular construction, and sustainable energy solutions

Project Cost Control & Financial Management

• Establishing cost management frameworks, tracking systems, and reporting protocols for complex data center programs

• Monitoring project budgets throughout construction, analyzing cost trends, and providing early warning of potential overruns

• Reviewing contractor estimates, change orders, and payment applications for accuracy and alignment with contract terms

• Conducting detailed cost reconciliations and variance analyses, explaining deviations from baseline budgets

• Managing contingency allocation and drawdown, ensuring appropriate reserves for risk mitigation

• Coordinating with procurement teams on equipment pricing, delivery schedules, and vendor contract negotiations

Market Intelligence & Client Advisory

• Maintaining current knowledge of data center construction market conditions, equipment pricing trends, and supply chain dynamics

• Tracking costs for critical components including generators, switchgear, chillers, transformers, and IT infrastructure equipment

• Advising clients on procurement strategies, phasing approaches, and schedule optimization to manage cost escalation

• Providing market insights on labor availability, material pricing volatility, and regional cost variations

• Developing cost planning guidance for multi-year campus development programs with phased capacity expansion

Stakeholder Collaboration & Reporting

• Serving as primary cost advisor to clients, project teams, design consultants, and construction managers

• Presenting cost reports, forecasts, and recommendations to client leadership and executive stakeholders

• Collaborating with design teams to provide real-time cost feedback during design development and optimization

• Partnering with PMO and project delivery teams to align cost management with schedule, quality, and technical requirements

• Preparing detailed cost documentation for investment committees, board approvals, and financial reporting

Team Leadership & Professional Development

• Leading and mentoring a team of cost managers, estimators, and analysts focused on data center projects

• Developing standardized cost management processes, estimating tools, and data center cost databases

• Building technical capability within the team on specialized data center systems and construction methodologies

• Supporting business development through cost planning expertise, client relationship management, and proposal development

• Driving continuous improvement in cost management accuracy, efficiency, and client service delivery

Required Qualifications:

• Bachelor's degree in construction management, engineering, quantity surveying, architecture, or related field

• 12+ years of cost management/estimating experience with substantial focus on data center or mission-critical facilities

•…