Project Control Specialist
4 days ago
Responsibilities
- Support project managers in execution and control.
- Develop and manage project budgets, cost estimates, cost forecasts, and financial controls.
- Identify, assess, and mitigate project risks.
- Establish criteria and set up systems for all project control activities.
- Develop, implement, and maintain project control processes and procedures.
- Define, monitor, and update material cost-rates and productivity rates based on:
- Square meter basis
- Quality level
- Building type
- Construction methodology
- Analyze cost trends and productivity metrics to ensure cost-effectiveness and efficiency.
- Benchmark project costs against industry standards and historical data to improve forecasting accuracy.
- Work closely with procurement and finance teams to establish cost baselines for materials, labor, and subcontractor services.
- Evaluate vendor proposals and material pricing to optimize project cost structures.
- Implement cost-saving strategies while maintaining project scope and quality.
- Analyze project performance data and provide accurate forecasts and reports to stakeholders.
- Collaborate with cross-functional teams to ensure alignment of project goals and objectives.
- Identify and mitigate potential risks that may impact project timelines or budgets.
- Lead and mentor a team of project control professionals.
- Continuously improve project control methodologies and tools.
- Ensure compliance with company policies, industry standards, and local regulations.
- Participate in client meetings and presentations to communicate project status and control measures.
- Standardize all project control procedures, Naming Convention, Activity Coding Structure, WBS, OPS, EPS, etc.
Qualifications
- Bachelor's degree in Engineering from an accredited university.
- Minimum of 5 years of experience in project controls, with a focus on cost control and financial analysis.
- PMP, PRINCE2 Practitioner, or equivalent certification.
- Proven track record of managing project controls for large-scale projects.
- Familiarity with project management tools (Power BI, JIRA, etc.).
- Thorough knowledge of cost engineering, cost estimating, cost benchmarking, financial planning, and scheduling techniques.
- Strong understanding of engineering, procurement, contracts, construction, and startup processes.
- Experience in defining and analyzing productivity and material cost-rates based on square meter, quality level, and building type.
- Excellent verbal and written communication skills.
- Proficiency in project management and control software (Primavera P6, Microsoft Project, etc.).
- Experience working internationally, with preference for experience in Saudi Arabia.
- Analytical mindset with strong problem-solving skills.
- Detail-oriented with the ability to manage multiple projects simultaneously.
- Knowledge of industry standards and best practices in project control.
- Ability to work collaboratively in a fast-paced, dynamic environment.
- Strong organizational and time management skills.
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