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GE Vernova

Builds equipment and software for electric power

Project Management Specialist - Project Planning

Full-TimeUpdated
$88.8k - $133.2k+ Discretionary annual bonus
Mid
Bachelor's
Oakbrook Terrace, IL, USA
HybridHybrid in Oakbrook Terrace, Illinois; travel up to 5%.
Project & Program ManagementProject Management
No H1B Sponsorship

About the job

Requirements
  • A bachelor's degree from an accredited college or university, or a high school diploma or GED with at least four years of experience in project planning and cost management.
  • At least two years of experience using Primavera P6 for project scheduling and planning.
  • At least two years of experience in planning and cost management for large, complex turnkey projects, including schedule development, cost tracking, and project controls.
  • Ability and willingness to travel up to 5% of the time.
Responsibilities
  • Promote a strong safety culture by complying with EHS policies, procedures, and safe work practices.
  • Ensure compliance with quality standards, project controls processes, and work instructions.
  • Identify opportunities to improve processes, standardize work, and support Lean/Kaizen continuous improvement initiatives.
  • Report and help resolve quality or safety issues in a timely manner.
  • Develop and maintain project schedules, budgets, cost forecasts, and resource plans using project controls tools.
  • Monitor project schedule, cost, risks, and performance, and provide accurate forecasts and actionable recommendations to the project team.
  • Ensure compliance with Global Project Controls standards, work breakdown structures, processes, and reporting requirements.
  • Prepare and present project status, financial, schedule, and risk reports to project teams, leadership, and customers as required.
  • Support change management, cost reconciliation, claims, and project closeout while ensuring alignment between project financials and approved budgets.
  • Collaborate with Project Managers, Finance, and functional stakeholders to identify cost-saving opportunities, mitigate risks, and drive successful project delivery.
  • Oversee project planning and cost control activities to ensure high-quality reporting, forecasting accuracy, and on-time, on-budget execution.
Desired Qualifications
  • Knowledge of forensic analysis on large, complex turnkey projects.
  • Ability to analyze and resolve problems.
  • Established project management skills.
  • Strong oral and written communication skills.

About the company

GE Vernova makes equipment and software that generate and manage electricity for utilities, power producers, and industrial customers. Its Power, Wind, and Electrification businesses span gas turbines, wind generation, and the systems that move electricity across grids. The company supplies generators, grid equipment, and controls, while its software coordinates network operations and integrates changing sources of power. Customers buy equipment and enter service agreements for maintenance, upgrades, and technical support over its operating life, alongside purchases of software and related services. GE Vernova became an independent company in 2024 after separating from GE and is headquartered in Cambridge, Massachusetts.

Company Size

10,001+

Company Stage

N/A

Total Funding

$17.6M

Headquarters

Cambridge, Massachusetts

Founded

2024

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Simplify's Take

What believers are saying

  • Demand supports expansion: July 2026 results show GE Vernova booked $24.2 billion of quarterly orders, up 88% organically.
  • Service commitments support recurring work: GE Vernova says services account for more than 55% of its backlog.
  • Graduates build depth through rotations: GE Vernova runs two-year Next Gen development programs in engineering, technology, and operations.

What critics are saying

  • Wind remains a drag: July 2026 results show GE Vernova lost $275 million in quarterly Wind segment EBITDA.
  • Project margins absorb overruns: GE Vernova locks prices before completion and discloses meaningful expenses from excess costs and penalties.
  • Field assignments demand long weeks: GE Vernova's listed transformer specialist works typical 12-hour site days, up to six weekly.

What makes GE Vernova unique

  • Its technology underpins global power: GE Vernova says customers generate approximately one-quarter of world electricity using its equipment.
  • Gas turbine scale anchors expertise: GE Vernova reports the largest installed fleet by generating capacity, across approximately 7,000 turbines.
  • Nuclear work reaches beyond equipment: GE Vernova Hitachi supplies advanced reactors, fuel, and services for operating plants.

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Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Life Insurance
  • Disability Insurance
  • 401(k) Retirement Plan
  • 401(k) Company Match
  • Paid Vacation
  • Paid Parental Leave
  • Mental Health Support
  • Relocation Assistance
  • Performance Bonus

Company News

Yahoo Finance
Oct 24th, 2026
Venture Global's 16 gas power units deal ties GE Vernova deeper into AI data centre power

Venture Global has signed multi-year frame agreements with GE Vernova and Baker Hughes for up to 16 new gas-fired power island units, each rated at 720MW, plus grid equipment. The units will supply behind-the-meter power for its LNG facilities and potential AI data centres without drawing on public grids. The deal ties GE Vernova's gas turbines and grid hardware to privately controlled industrial networks rather than regulated utilities. It deepens the company's exposure to energy-hungry AI computing. GE Vernova expects 125GW under contract by 2026. Risks include weaker European demand, wind losses, tariffs, restructuring costs, and project delays. Analysts' bullish case sees 2029 revenue of $64.7 billion and earnings of $10.7 billion. A more cautious view puts them at $57.8 billion and $6.3 billion.

Yahoo Finance
Oct 22nd, 2026
GE Vernova Q3 preview: $176B backlog and 145% expected EPS growth ahead of October 28 report

GE Vernova will report third-quarter 2026 results on October 28. Analysts expect earnings of $4.03 per share, up more than 145% from a year earlier. In the second quarter, equipment orders more than doubled and service orders rose 15%. Total backlog climbed to $176 billion. For the third quarter, the company expects Power segment revenue growth of 17%–19% and an EBITDA margin of about 17%–18%, up from 13.3% a year earlier. Electrification revenue is forecast at $3.8 billion–$4.0 billion. The stock is about 26% below its 52-week high, which has eased valuation concerns. Most analysts rate it a "Strong Buy.

Yahoo Finance
Oct 22nd, 2026
GE Vernova up 600% since spin-off, with a $176B backlog: is the dip a buying chance?

GE Vernova's shares have risen nearly 600% since the company was spun off from GE Aerospace in 2024, driven by demand for electricity from artificial intelligence data centres. The stock has been in a lull since April. In the second quarter, its power division's revenue grew 14% to $5.5 billion, while new orders rose 134% to $16.7 billion, mostly for natural gas turbines. Its electrification arm's revenue climbed 68% to $3.6 billion, with orders up 93% to more than $6.3 billion. Total backlog stands at $176 billion, more than three times next year's expected revenue of $53 billion. Manufacturing capacity is the main bottleneck. About 80% of customers are traditional, and 20% are data centres. Most analysts rate the stock a strong buy, with a consensus price target of $1,199.47.

Yahoo Finance
Oct 22nd, 2026
GE Vernova stock down 10.1% as gas turbine prices and $12.5B cash guide face six-month test

GE Vernova stock has fallen 10.1% since April 21, 2026, while the S&P 500 gained 9.8%. Investors appear to be betting that customers will keep paying rising prices for its gas turbines, with cash up front. Management expects at least 125 gigawatts of equipment under contract by the end of 2026. The company's third-quarter results, due around October 28, will show whether turbine prices keep climbing. In July, management said first-half equipment orders were priced more than 20% above fourth-quarter 2025 orders. Full-year free cash flow is due around January 26, 2027. Management raised its 2026 guide to $11.5 billion to $12.5 billion, from $6.5 billion to $7.5 billion. Wind revenue is expected to fall at a low double-digit rate in the third quarter.

Yahoo Finance
Oct 21st, 2026
GE Vernova shares rise 3.5% to $921 as Nvidia tie-up links grid planning to AI; backlog hits $176B

GE Vernova is working with Nvidia on infrastructure and digital-twin tools that link grid planning to the needs of AI factories. The company's shares rose 3.46% to $921.12 at 11:04 EDT on Wednesday. AI facilities need electricity, and GE Vernova supplies equipment that helps deliver it. The collaboration adds a digital planning layer to that opportunity. Through the second quarter, the company reported more than $5 billion in data-center orders, over twice its full-year 2025 total. Quarterly orders hit $24.2 billion, and backlog reached $176 billion, up $13 billion from the previous quarter. Revenue rose 22% to $11.1 billion. Adjusted EBITDA margin reached 11.3%. The next test is execution: turning backlog into revenue and reaching a projected 2026 adjusted EBITDA margin of 12% to 14%.