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NEOM

Cost Estimation Manager

NEOM
Early Applicant
  • 3 months ago
  • Be among the first 50 applicants
Exp: 5-10 Years
  • Full time
Saudi Arabia, Tabuk
Job Description
Overview

Position

Cost Estimation Manager

Position Code

Reports to

Director, Estimation Department

Direct Reports

Managers and Specialists

Department

Engineering & Tech Services

Division/Sector

Cost Estimation

Sector

Engineering & Tech Services

Job Family

Role Purpose

  • Leads and manages cost estimation teams in NEOM's corporate Cost Estimation division;
  • Ensures accurate, effective and timely Capital and Operational cost estimates for all projected works at NEOM;
  • Coordinates and controls the management of cost estimation activity across NEOM;
  • Development and stewardship of a corporate cost database, benchmarking and related information;
  • Development of datasets and systems for efficient generation of cost estimates, and;
  • Dev elops and maintains estimating procedures and ensures their compatibility with the estimating database and contracting strategy.

Key Accountabilities & Activities

  • Establishes Cost Estimation department within NEOM Engineering & Technical Services organization;
  • Leads, manages and evaluates the performance of Cost Estimation department, team members and coordinates all their work;
  • Plans and schedules Cost Estimation and related activities;
  • Develops, executes and manages Estimation methods, processes, procedures and estimation requests;
  • Oversees cost benchmarking exercises, development and maintenance of a database of all consultants, vendors, contractors and sub-contractors rates (with contracts, quotations and bids).
  • Reviews and endorses Company estimates for any high value contract or change order;
  • Generates, Supervises and/or Endorses Utilities and Infrastructure cost estimates (from 40 % to 10%+/- estimate);
  • Reviews and manages material take offs from design drawings as part of the cost estimation process;
  • Reviews and advises on project cost schedules to see they are in-line with Company agreed benchmarks;
  • Assures value for money on all NEOM services, Works and materials procurement;
  • Proposes and sets up Cost Estimation objectives and KPIs.
  • Performs any other duties related to Cost Estimation and forecasting.

Background, Skills & Qualifications

Knowledge, Skills and Experience

Experience

  • 10+ years proven experience in Cost Estimation or a related area on a large and complex project;
  • 5+ years in management position in a large and established company, and;
  • Experience in KSA/GCC region (highly recommended)

Knowledge

  • Knowledge of Project and construction market in terms of contractors, suppliers and cost management;
  • Strong Knowledge/experience in estimation and quantity surveying;
  • Strong knowledge of various type of estimates and methods;
  • Strong knowledge of accounting and budgeting principles and requirements;
  • Comprehensive knowledge of international cost management standards e.g. CSI Master Format, BCIS, GIFA;
  • Knowledge of ASTM E2516-11 Standard Classification for Cost Estimate Classification System, AACE International Recommended Practice;
  • Knowledge of Cost Estimation, Cost Management, Project and Document Management Software such as Aconex, OpenText, Newforma etc.
  • Knowledge of Planning and scheduling software, like Primavera, and;
  • Knowledge of BIM software and link to material take-off, ability to implement cost data into the 4D/5D BIM model.

Skills

  • Strong communication, leadership, planning and organizational skills;
  • Excellent analytical skills with ability to analyze large and complex data and worksheets, and;
  • Proficiency in English (required)

Qualifications

  • Bachelor's Degree in Quantity Surveying, Engineering, Project/Construction Management or related fields;
  • Master's Degree in Business Administration, Engineering, Quantity Surveying, Economics or related field (preferred), and;
  • Chartered Quantity Surveyor / Membership in professional associations e.g. AACE, RICS or similar (advantage).

KEY STAKEHOLDERS/MAIN CONTACTS

Internal

External

  • Executive Director Engineering Standards & Compliance
  • NEOM Procurement team
  • NEOM Commercial and Project Controls teams
  • NEOM financial planning department
  • Sector Heads and other budget holders
  • Own team and other teams/all staff across NEOM
  • Regulatory/Government bodies
  • Cost Consultants
  • Vendors and Suppliers
  • Contractors
  • Other external entities and organizations

VERSION TRACKING

Version

2.0

Prepared by

Date: May 19 2022

First Review by

Date:

Second Review by

Date:

Evaluation

Date:

Approved by

Name (Title)

Signature

Date

Industry:Other

Function:Engineering & Tech Services

Job ID: 84090281

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