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100000006363.Senior Cost and Estimation Engineer

Job Description - 100000006363.Senior Cost and Estimation Engineer

Description
  • Interpret the Owner's Project Requirements (OPR) to prepare accurate cost estimates and ROM budgets
  • Establish cost baselines in coordination with the Project Manager and Planning team
  • Provide input into value engineering and risk analysis to support cost optimization
  • Provide updated cost data, benchmarks, and market rates to support tender preparation
  • Evaluate financial and commercial submissions of bids for completeness, accuracy, and compliance
  • Review and validate BOQs and cost breakdowns submitted by consultants and contractors
  • Monitor project cost performance against approved budgets and commitments
  • Review and certify interim payment applications based on verified progress and contract terms
  • Assess variation claims and prepare detailed cost impact analyses
  • Forecast final project costs and identify potential overruns based on actual trends
  • Verify quantities, measurements, and progress data against approved drawings and site records
  • Review and endorse consultant and contractor cost reports and cash flow updates
  • Maintain cost databases, historical benchmarks, and unit rate libraries
  • Participate in claims assessment and negotiation with consultants and contractors
  • Maintain and update the variation register to track all approved and pending changes
  • Review and finalize the Statement of Final Account for completed projects
  • Ensure all cost records and close-out documents are archived
  • Provide cost data for CPD dashboards and executive reports
  • Ensure consistent cost management standards, templates, and reporting formats across all projects
  • Coordinate closely with Project Managers, PMCM, End-users to align cost, and risk data
  • Ensure compliance with CPD procedures, QF financial policies, FIDIC, and audits
  • Support development of cost KPis and performance indicators
  • Maintain an awareness of QF policies and procedures, incorporate enhancements, and ensure compliance
  • Other reasonable tasks as assigned by the Manager

 

Minimum Knowledge, Skills & Experience:

  • Bachelor's degree in quantity surveying, Civil Engineering, or Cost Management.
  • Full-time work experience for 6-8 years in project cost management, preferred to have 5+ years in a client or PMC role.
  • Robust experience in managing complex, large-scale infrastructure and superstructure projects.
  • Strong analytical, and cost estimating skills to meet the required project target
  • Ability to oversee multiple projects at once, to resolve conflicts via negotiations, and to effectively communicate with senior management
  • Must have a solid grasp of basic, as well as many advanced, cost management principles; experience successfully applying and advancing those principles is required
  • Excellent writing skills with the ability to draft and edit a variety of written reports and communications and to articulate ideas clearly and concisely· Arabic proficiency is an advantaqe
  • Knowledge FIDIC contracts, schedule risk, tender planning, and progress certification.
  • Proficiency in Primavera cost estimation software, advanced Excel, and cost database tools.
  • Certifications (Preferred) MRICS, FRICS, or equivalent professional accreditation.


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