Manager, Project Cost Optimization Studies
ADNOC- Posted 20 hours ago
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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:
u00B7 Evaluate engineering options provided for projects due for Project Cost Optimization Studies.
u00B7 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.
u00B7 Coordinate with Group Companies to prepare an annual plan for cost optimization studies to be conducted.
u00B7 Review engineering and cost documents submitted by the PMT(Project Management team).
u00B7 Prepare clarification list prior to the start of the session.
u00B7 Conduct preparation meetings with stakeholders from the group companies and ADNOC HQ
u00B7 Provide summary of main engineering findings based on Engineering documents submitted prior to the review.
u00B7 Take note during the optimization session on engineering data provided.
u00B7 Prepare Cost Optimization Review study report.
u00B7 Review and Comment on the studies reports as required.
u00B7 Ensure being updated on latest engineering solutions, software, and technologies.
u00B7 Provide summary of main findings to management
u00B7 Provide reports and presentation.
u00B7 Review and provide content in Cost Optimization Review reports, and other reports and publications regarding
engineering and cost estimation.
u00B7 Communicate findings with relevant directorates to check the feasibility of applying cost optimization options
and recommendations.
u00B7 Prepare MEMOs of major findings (if any) to be communicated with Directorate executives and top
management.
u00B7 Provide lesson learned and best practices based on cost optimization reviews and recommendations.
u00B7 Continuously develop cost optimization reviews and sessions to ensure its continuous improvement, resilience,
and efficiency
u00B7 Consider different levers such as AI, new technologies, sustainabilityu2026etc to ensure a comprehensive
optimization.
Generic:
Supervision
u00B7 Plan, supervise and coordinate all activities in the assigned area to meet functional objectives.
u00B7 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
u00B7 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.
u00B7 Investigate and highlight any significant variances to support effective performance and cost control.
Policies, Systems, Processes & Procedures
u00B7 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
u00B7 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
u00B7 Design and implement new tools and techniques to improve the quality and efficiency of operational processes.
u00B7 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
u00B7 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
u00B7 Provide inputs to prepare Function/Division/Department/Section progress reports for Company Management.
COMMUNICATION & WORKING RELATIONSHIP:
Internal:
u00B7 Vice President, Group Engineering
u00B7 Heads of Disciplines within the division.
u00B7 Cost estimation teams in Group Companies
u00B7 Other ADNOC divisions in Upstream, Downstream, TEO, etc.
External:
u00B7 Shareholders, counterparts & members of the ADNOC Group, as required.
u00B7 Local and international vendors, contractors and third-party service providers.
QUALIFICATIONS, EXPERIENCE, KNOWLEDGE & SKILLS:
Minimum Qualification
u00B7 Bacheloru2019s degree in engineering
Minimum Experience & Knowledge & Skills
u00B7 15 years of experience in project management and engineering.
u00B7 Fully conversant with the on-going Technological advancements in Engineering
u00B7 Leadership, people-management, planning, cost control, influencing, interpersonal and communication skills.
u00B7 Good coaching skills.
u00B7 Good command of English.
u00B7 Good knowledge of computer applications.
Professional Certifications
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)

