Senior Strategic Cost Planning Lead for Major Projects

Qiddiya Investment Company; Riyadh; On-site; SAR 600,000 - 1,000,000; Full time

Job summary

Qiddiya Investment Company is seeking an experienced Senior Manager - Cost Planning to lead construction cost development, cost strategy, and budget alignment for large-scale projects in Saudi Arabia.

The role emphasizes proactive cost planning, review of third-party cost consultants, adherence to IPMS guidelines, and reporting to business units across stage gates. Strong benchmarking and feasibility awareness are essential.

Qualifications

• 5-7 years relevant Cost Planning Experience (Cost Planning, Quantity Surveying, Estimating).
• Local GCC Experience Worked in Local (GCC) Construction industry for 2 years or more (preferred).
• Expert with industry standards eg NRM, CESSM, RIBA, POMI, etc.

Responsibilities

• Cost Planning: Take a proactive approach to cost planning by understanding cost vs. value equation, ensuring optimal financial outcomes without compromising project goals.
• Cost Consultant Management: Oversee the monthly tracker for scope and cost movements from previous phases and assist in reviewing cost plans submitted by Cost Consultants for accuracy and design alignment.
• Standards: Ensure strict adherence to defined policies and processes, while maintaining a thorough understanding of IPMS measurement guidelines.
• Business Units: Provide internal updates to your Business Unit on the status of construction costs and design metrics. Ensure representation during internal reviews to facilitate progress and pass Stage Gates.
• Benchmarking: Understanding of benchmarking to effectively integrate design metrics with cost positions, ensuring assurance throughout all project phases.
• Feasibility: Awareness of feasibility requirements with regards to cost planning.

Tools

CostX

Job description

Qiddiya Investment Company is seeking an experienced Senior Manager - Cost Planning to lead construction cost development, cost strategy, and budget alignment for large-scale projects in Saudi Arabia.

The role emphasizes proactive cost planning, review of third-party cost consultants, adherence to IPMS guidelines, and reporting to business units across stage gates. Strong benchmarking and feasibility awareness are essential.