About the Role
The Specialist – Cost Engineering will drive day-to-day cost planning and control activities for the Ports Cluster’s Fujairah port expansion projects. Working closely with project managers, engineers, and stakeholders, the Specialist will ensure accurate estimating, budgeting, and financial monitoring to support the successful delivery of the Fujairah Terminal 2 development and related infrastructure works.
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Responsibilities
Core Responsibilities
- Develop Fujairah port expansion project cost estimates and cost plans supported by consistent internal and external benchmarked data and driven by value engineering and risk management best practice approaches.
- Work with project teams to forecast out-turn cost for each Fujairah expansion project, identify opportunities to reduce cost and drive potential value engineered solutions.
- Work with project teams to evaluate change notices and claims.
- Monitor and report cash plan, accrual status and cash flow forecasts timely and accurately in line with the schedule forecasts.
- Analyze and report variances in planned versus actual costs in each month’s report and support the team in identifying resultant recovery actions for the following month.
- Assist in providing cost engineering support through the gateway process.
- Check and verify contractor’s and consultant’s payment applications / invoices and process payments in accordance with the Abu Dhabi Ports process.
- Provide cost related information to the Fujairah programme project tracker and other reports.
- Co-ordinate and manage budget and cost reporting requirements as required at a Programme level.
- Lead and maintain ports benchmarking and other cost related data collection and analysis.
- Establish and maintain the cost baseline and budget for the Fujairah Terminal 2 development and report cost performance to the Programme Director.
- Support the preconstruction team with timely cost input to tender documents, bid evaluations, claims assessments and budgeting for new Fujairah expansion projects.
Qualifications
Educational and Technical Qualifications:
- Bachelor’s degree in a relevant engineering field, quantity surveying or a related field. A Master's degree is a plus.
Language Skills:
- Excellent English. Arabic is an added advantage.
Years of Experience:
- A minimum of 6-8 years of experience in a similar role.
Nature of Experience:
- Experience in a project controls environment.
- Experience working on ports and maritime projects, preferably port expansion or new terminal developments (marine works, dredging, reclamation, quay walls).
- Proven experience in engineering and construction projects within a port and infrastructure environment.
- Working in a multi-disciplinary engineering environment.
- Preferably have worked in both construction and consultancy organisations.
Key Interactions
Key Internal Contacts:
- Project teams
- Cluster end users, including Fujairah Terminals operations
Purpose of Interaction:
- Provide guidance and monitor Fujairah expansion project costs and plans.
Key External Contacts:
- Consultant & contractor
- Government Stakeholders and Fujairah port/maritime authorities
Purpose of Interaction:
- Benchmark best practices.
Technical Competencies Required for the Role
- Project Management
- Project Planning
- Project Risk & Change Management
- Cost Management / Internal Controls Assessment
