Manager, Project Cost Optimization Studies

ADNOC; Abu Dhabi; On-site; AED 350,000 - 700,000; Full time

Job summary

ADNOC is seeking a Senior Engineer to lead Project Cost Optimization Reviews and provide recommendations to maximize value on complex projects. The role requires overseeing engineering options, coordinating with group companies and ADNOC HQ, and preparing comprehensive reports.

Candidates should have 15 years in project management and engineering, strong leadership, and up-to-date knowledge of technologies and cost-saving methods.

Qualifications

• Bachelor's degree in engineering is required.
• 15 years of experience in project management and engineering.
• Strong leadership, planning, cost control and communication skills.

Responsibilities

• Evaluate engineering options for projects under cost optimization studies.
• Coordinate with group companies to prepare annual cost optimization plans.
• Prepare cost optimization review reports and summaries for management.
• Communicate findings with directorates to assess feasibility of optimization options.
• Develop lessons learned and best practices from reviews to drive continuous improvement.

Skills

Risk assessment

Stakeholder management

Project management

Cost management

AI fluency

Education

Bachelor's degree in engineering

Job description

JOB PURPOSE

Responsible for Project Cost Optimization Reviews and studies. Provides recommendations based on Cost optimization Reviews to support group companies deliver efficient projects with optimized cost and maximum value. Ensures proper communication and explanation of major recommendations to top management within relevant directorates.

KEY ACCOUNTABILITIES

Job Specific:

• Evaluate engineering options provided for projects due for Project Cost Optimization Studies.
• Ensure latest technologies and best engineering solutions are implemented in the project while coordinated with stakeholdersu2019 discipline wise, such as head of Discipline within the function, and engineers within group companies.
• Coordinate with Group Companies to prepare an annual plan for cost optimization studies to be conducted.
• Review engineering and cost documents submitted by the PMT(Project Management team).
• Prepare clarification list prior to the start of the session.
• Conduct preparation meetings with stakeholders from the group companies and ADNOC HQ
• Provide summary of main engineering findings based on Engineering documents submitted prior to the review.
• Take note during the optimization session on engineering data provided.
• Prepare Cost Optimization Review study report.
• Review and Comment on the studies reports as required.
• Ensure being updated on latest engineering solutions, software, and technologies.
• Provide summary of main findings to management
• Provide reports and presentation.
• Review and provide content in Cost Optimization Review reports, and other reports and publications regarding engineering and cost estimation.
• Communicate findings with relevant directorates to check the feasibility of applying cost optimization options and recommendations.
• Prepare MEMOs of major findings (if any) to be communicated with Directorate executives and top management.
• Provide lesson learned and best practices based on cost optimization reviews and recommendations.
• Continuously develop cost optimization reviews and sessions to ensure its continuous improvement, resilience, and efficiency
• Consider different levers such as AI, new technologies, sustainabilityu2026etc to ensure a comprehensive optimization.

Generic:

Supervision

• Plan, supervise and coordinate all activities in the assigned area to meet functional objectives.
• Train and develop the assigned staff on relevant skills to enable them to become proficient on the job and deliver the respective section objectives.

Budgets

• Provide input for preparation of the Function/Division/Department/Section budgets, assist in the implementation of the approved Budget, and work plans to deliver objectives.
• Investigate and highlight any significant variances to support effective performance and cost control.

Policies, Systems, Processes & Procedures

• Implement approved Function/Division/Department/Section policies, processes, systems, standards and procedures in order to support execution of the work programs in line with Company and International standards.

Performance Management

• Contribute to the achievement of the approved Performance Objectives for the Function/Division/Department/Section in line with the Company Performance framework.

Innovation and Continuous Improvement

• Design and implement new tools and techniques to improve the quality and efficiency of operational processes.
• Identify improvements in internal processes against best practices in pursuit of greater efficiency in line with best industry standards in order to define intelligent solutions for issues confronting the function.

Health, Safety, Environment (HSE) and Sustainability

• Comply with relevant HSE policies, procedures, controls, applicable legislation, and sustainability guidelines in line with international standards, best practices and ADNOC Code of Practices.

Reports

• Provide inputs to prepare Function/Division/Department/Section progress reports for Company Management.

COMMUNICATION & WORKING RELATIONSHIP

Internal:

• Vice President, Group Engineering
• Heads of Disciplines within the division.
• Cost estimation teams in Group Companies
• Other ADNOC divisions in Upstream, Downstream, TEO, etc.

External:

• Shareholders, counterparts & members of the ADNOC Group, as required.
• Local and international vendors, contractors and third-party service providers.

QUALIFICATIONS, EXPERIENCE, KNOWLEDGE & SKILLS

Minimum Qualification:

• Bacheloru2019s degree in engineering

Minimum Experience & Knowledge & Skills:

• 15 years of experience in project management and engineering.
• Fully conversant with the on-going Technological advancements in Engineering
• Leadership, people-management, planning, cost control, influencing, interpersonal and communication skills.
• Good coaching skills.
• Good command of English.
• Good knowledge of computer applications.

CORE / TECHNICAL SKILLS

• Risk Assessment and Management (L4), Market Trends and Industry Information Research (L3), Stakeholder Management (L4), Project Management (L3), Project Planning and Scheduling (L4), Contractor Performance Management (L4), Projects Quality Assurance (L2), Stakeholder Management for Capital Projects (L3), Project Risk Management (L2), Resource Allocation and Management (L4), Cost Reduction Strategies and Initiatives (L4), Costing and Job Costing Analysis (L4), Cost Management and Financial Efficiency (L3), Financial Performance Optimization Strategies (L4), AI Fluency (L3), AI-Driven Process Optimization (L4), Intelligent Data Interpretation (L4)