Principal Project Manager Jobs in Hampstead, MD (NOW HIRING)

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The Principal Project Manager is a portfolio leadership role within BGE's Project Initiation Team, accountable for leading the initiation of major capital projects and ensuring they are fully scoped, budgeted, de-risked, and ready for execution prior to Phase 1 authorization.This role owns the proposed project scope and budget during initiation and serves as the primary integratoracross Transmission Planning, Regional Planning, Engineering, Project Controls, and Investment Strategy to align technical, financial, and governance requirements early in the project lifecycle. The Principal Project Manager leads cross-functional initiation activities, drives stakeholder engagement, and ensures readiness checkpoints are met to support effective governance decisions. By coordinating feasibility development, schedule and cost inputs, and risk identification, this role eliminates fragmentation in early-stage project development and provides consistent, high-quality initiation packages for Centrally Managed projects.

This position is also responsible for executing a structured and timely turnover of projects to Project Execution teams.The Principal Project Manager ensures execution teams are engaged early, receive complete and defensible initiation deliverables, and have clear visibility into scope, assumptions, risks, and constraints prior to handoff.The role does not perform engineering, construction, procurement, or commissioning activities; instead, it ensures projects enter execution with the clarity, alignment, and readiness required to improve delivery outcomes, portfolio predictability, and governance confidence.

Position may be required to work extended hours for coverage during storms or other energy delivery emergencies.

• Manages large and/or highly complex and often unique projects requiring application of established project management principles and techniques.Directly accountable to deliver project on time and at or below budget. (40%)
• Key interface for external customer work involvingtransmission and substation projectsincluding presentation of billable costs to the customer and negotiating schedules. (10%)
• Collaborate with other project managers, work management, and functional managers to assure optimal utilization of resources. (10%)
• Primary communicator with the project sponsor and key stakeholders on project issues including executive level presentations. (10%)
• Acquire and manage contract resources by participating in the contractor selection process, prepare contact requisitions, approve change orders and contract payment authorizations and evaluate contractor performance. (10%)
• Lead and coach team members to improve performance and meet or exceed expectations. Mentor less experienced colleagues. (10%)
• Acquire zoning variations and permits for large projects by presenting project details to city zoning boards and public hearings. (5%)
• Perform backup role for Manager Project Management. (5%)

The Project Manager is an individual contributor accountable for project budgets, team performance and developing strategic plans to implement projects for various organizations. Responsibilities also include managing scope, budget and schedule to within approved parameters and providing structured and detailed reports to the appropriate Management team. Tasks may include but are not limited to, ensuring the completion of business cases, budgetary approvals, project scheduling, requirements engineering, design and engineering tasks, vegetation management reviews, project reporting, project financial analysis, major equipment procurement, environmental analysis, obtaining real estate and relationship management with large customers, vendors, townships and regulatory agencies, project quality assurance, and change management. Interacts routinely with key internal and external stakeholders including senior management, energy delivery's largest customers, and governmental and regulatory officials. Under little to no supervision, manages multiple projects of complex, large scope and budget. May manage a total portfolio of active projects or annual programs of complex, large scope and budget.

• Bachelor's degree in business, engineering, or related field and 7-10 years relevant project management or related experience, OR in lieu of Bachelor's degree, 9-12 years or relevant project management or related experience.
• Project Management Professional (PMP) certification or achieve PMP within two years of job entry
• Demonstrated proficiency and experience managing large, complex projects using project management techniques including:
  A. Planning and Control (product /work breakdown structures, critical path analysis, scope control techniques)
  B. Issue and Risk Management (identification, assessment and management of project risks including contingency plans)
  C. Project Management Tools (methods and techniques for planning, scheduling, resource balancing, monitoring cost)
  D. Business Case Development (cost/benefit evaluations including net present value analysis)
  E. Progress Reporting (cost/schedule curves, project status report, earned value analysis)
• Proven leadership ability in a high-performance culture
• Demonstrated ability to build consensus, communicate effectively, engage others in the required processes, and hold people accountable
• Valid driver's license and access to an automobile

• 3–5 years of supervisory or functional leadership experience, preferably leading project managers, analysts, or cross‑functional teams responsible for early‑stage project development, feasibility, or governance readiness.
• Master's degree in Engineering, Project Management, Business Administration, or a related discipline, with emphasis on systems thinking, capital planning, or enterprise project delivery.
• Professional Engineer (PE) license or equivalent technical credential, particularly valuable for leading early‑stage scope development, constructability discussions, and technical risk identification during project initiation.
• Demonstrated experience within Transmission planning, design, or construction environments, or comparable regulated utility disciplines, with strong understanding of how early technical decisions influence downstream execution, cost, schedule, and regulatory outcomes.
• Proven ability to integrate technical, financial, and risk perspectives during the initiation phase to develop clear, defensible project scope and budget proposals for governance approval
• Experience leading stakeholder engagement across Planning, Engineering, Project Controls, Investment Strategy, and Project Execution, ensuring alignment and readiness prior to project turnover.
• Familiarity with PJM processes, interconnection studies, or competitive transmission environments is highly desirable, particularly where early coordination and schedule confidence are critical.
• Demonstrated success operating in matrixed organizations, influencing outcomes without direct authority, and driving disciplined initiation practices across multiple functional groups.

• Annual salary will vary based on a candidate's skills, qualifications, experience, and other factors: $117,600.00/Yr. – $161,700.00/Yr.
• Annual Bonus for eligible positions: 20%
• 401(k) match and annual company contribution
• Medical, dental and vision insurance
• Life and disability insurance
• Generous paid time off options, including vacation, sick time, floating and fixed holidays, maternity leave and bonding/primary caregiver leave or parental leave
• Employee Assistance Program and resources for mental and emotional support
• Wellbeing programs such as tuition reimbursement, adoption and surrogacy assistance and fitness reimbursement
• Referral bonus program
• And much more

Note: Exelon-sponsored compensation and benefit programs may vary or not apply based on length of service, job grade, job classification or represented status. Eligibility will be determined by the written plan or program documents.