Manager - Cost Planning (SPA4-50012856)

Role Overview

Manager - Cost Planning at Qiddiya Investment Company, based in Saudi Arabia. This role is essential to establishing a world-class entertainment destination in the region.

Company Overview

Qiddiya Investment Company is building a world-class entertainment destination in Saudi Arabia.

Role Purpose

Build construction cost estimates, devise and oversee pre-contract cost management strategies, and ensure all financial aspects of projects align with budget and strategic organizational goals.

Key Responsibilities

Cost Planning

• Take a proactive approach to cost planning by understanding the cost vs. value equation.
• Ensure optimal financial outcomes without compromising project goals.

Cost Consultant Management

• Oversee the monthly tracker for scope and cost movements from previous phases.
• Assist in reviewing cost plans submitted by Cost Consultants for accuracy and design alignment.
• Monitor and analyze design efficiencies as the project progresses.
• Ensure the third-party Cost Consultant adheres to the defined scope of work, guidelines, and procedures.

Standards & Compliance

• Ensure strict adherence to defined policies and processes.
• Maintain thorough understanding of IPMS measurement guidelines.
• Demonstrate familiarity with Qiddiya's established policies, processes, and templates.

Business Unit Liaison

• Provide internal updates to your Business Unit on the status of construction costs and design metrics.
• Ensure representation during internal reviews to facilitate progress.
• Successfully pass through Stage Gates.

Benchmarking

• Understand benchmarking to effectively integrate design metrics with cost positions.
• Ensure assurance throughout all phases of the project lifecycle.

Feasibility

• Demonstrate awareness of feasibility requirements with regards to cost planning.

Qualifications & Experience

• 5–7 years of relevant Cost Planning experience in Cost Planning, Quantity Surveying, or Estimating.
• 2 or more years of experience in the local GCC construction industry (preferred).
• Expert knowledge of industry standards including NRM, CESSM, RIBA, and POMI.
• Experience on large-scale projects with construction value greater than 200 million SAR.
• Familiarity with benchmarking cost and design; experience with costs or benchmarking in KSA or the Middle East is preferable.

Skills & Competencies

• Proficient in using Cost Planning Software and aware of its application; CostX is preferable.
• Basic ability to convey information.
• Limited experience in adapting messages for different audiences.
• Strong understanding of cost planning principles and processes.