Head of Cost Optimisation and Value Management

We harness the power of innovation so that you can change the world and help our customers solve their most complex challenges

Riyadh
R158710
Project Controls
Additional posting locations:
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Job Description:

Ready to take your engineering and management experience to the next level to work on complex construction problems that will have a huge impact on the local community? 

Parsons is looking for an amazingly talented Head of Cost Optimisation and Value Management to join our team! In this role you will get to support the Director Cost and Optimisation to manage the deliverables of the Cost Optimisation Team. 

The Cost Section’s vision is to establish a leading cost department for real estate development projects, optimizing spending, enhancing value. With an aim to be industry leaders in cost, offering independent, innovative cost services, maintaining a comprehensive cost data library, with a focus on optimizing cost performance, close client cooperation, and value management

What You'll be Doing;

  • To establish a best-in-class cost unit that optimizes spending and enhances value for our real estate development projects
  • Optimize spending and improve value for real estate development projects by developing robust processes, systems, and relationships to reduce costs.
  • Interface / work with client and Devco’s Commercial Teams and other Departments  to provide value management studies, cost optimization strategies and life cycle cost analysis
  • Lead the value management process, provide cost studies and advice on cost effective design solutions including synergistic opportunities.
  • Evaluate designs, identify cost-saving opportunities, develop alternative solutions
  • Review FSC/FB/MIC Meeting material and support ExCom/ Management requests from a value management and cost optimization prospective.
  • Review Business Plans from a value management and cost optimization prospective.
  • Develop and share technical guidelines, tools, templates and procedures and continuously seek opportunities for process improvement.
  • Performs detailed review of Devco developed Capital Cost Estimates and budgets
  • Performs constructability analysis and provides value engineering recommendations
  • Providing input to design optioneering and leads value engineering exercises.
  • Create ad-hoc reports for management on a recurring or one-of-a-kind basis.

What Required Skills You'll Bring;

  • 20+ years Value Engineering and Cost Optimisation experience post MRICS qualification
  • 5+ years experience living and working in the GCC
  • Experience of KSA giga projects - masterplans, hospitality, industrial, rail
  • Detailed knowledge and practical experience of Value engineering and life cycle costing
  • Ability to motivate others (including providing support and encouragement)
  • Excellent organisational skills and the ability to quickly adapt to changing environments
  • Excellent problem solving, negotiating skills, financial and numeracy management skills
  • Ability to absorb complex information and assess requirements readily
  • Demonstrable evidence of delivering services to Clients and managing Client relationships
  • MRICS (Member of the Royal Institution of Chartered Surveyors), or equivalent
  • Degree in Quantity Surveying or equivalent

Minimum Clearance Required to Start:

Not Applicable/None

Parsons is an equal opportunity employer committed to diversity in the workplace. Minority/Female/Disabled/Protected Veteran.

COMPETITIVE BENEFIT OFFERINGS

Financial Wellness

We care about your financial wellbeing. Parsons offers competitive pay and retirement plans to help you build wealth for the future while giving you the flexibility to diversify your investments.

Work Life Harmony

Balance in life is important and time away from the office is imperative to allow you to refresh and focus your attention on the things that matter to you. Parsons supports your time away by providing paid time off and paid flexible holidays.

Career Development

We are committed to fostering the personal and professional growth of our employees. Develop and advance yourself though our comprehensive training, educational and mentorship programs.

Veteran Support

We provide Industry leading benefits to support veterans and active-duty members to provide security for you and your family by offering robust leave and benefits; including paid active-duty military leave and paid time off when transitioning back to civilian life.

Mind & Body

At Parsons we inspire healthier habits, heathier minds, and a healthier you through our wellness program. Participate in our weekly Meditation Mondays and Wellness Wednesdays. Wellness, at Parsons, is more than just your annual checkup.

Health

Health is not a one size fits all. At Parsons, we offer a robust Employee Assistance Program as well as comprehensive medical, dental and vision plans through large, national carriers with the choice of regional PPO, HDHP, or HMO networks.

Want to learn more about the benefits eligible for the Parsons’ location you are interested in? Click below to find out more!
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