Syed Raziq Ul Hasan

• Reviewing cost estimates and adjust budget if required in-order to form cost baseline.
• Allocate budget with cost breakdown structure - work-package, cost code, job code at resource level for Activity Based Costing implementation.
• Prepare monthly Cost Report/Cost value reconciliation using Earned Value Management system EVM.
• Forecasting estimate to complete and estimate at completion and closely monitor resources and schedule to achieve target within budget and stipulated time frame.
• Preparation of Monthly Accruals and incorporate in cost reports.
• Issue target Manpower productivity to PMT and maintain budget.
• Implement the Labor control system on the project to control the labor cost using EVM, and control direct & indirect cost in detail in the productivity report.
• Familiar with current rates of material, labor, and workmanship as per GCC market.
• Review and understand key concepts of projects contract.
• Prepare monthly Cash flow to analyze actual cash position and financial stability.
• Support in preparing short-term & long-term business plan.
• Make profit and loss statement and revenue summary.
• Increased profit by 7% by Implementing Total Cost Management Framework (TCMF) principles.
• Cost analysis for labor, material, equipment, Sub Contractor whenever required to maintain budget by adhering Life Cycle Costing LCC principle and performing Value Engineering, cost reductions.
• Monitoring & releasing Project contingency as per approval of Cost Control Director & Project Manager.
• Prepare & Maintain list of Risk & opportunities.
• Closely monitor & record the Client Payment Application/Payment Certification and received payments. (Contract, Certification & Payment Analysis)
• Monitoring closely the cost & schedule variances & raising the flag & taking corrective action.
• Approve Daily timesheets by verifying job-code allocation to maintain clear records of hours for each activity for productivity analysis and forecasting.
• Projects cost tracking by closely monitoring cost ledger to maintain proper cost allocations.
• Perform budget shifting & cost re-allocations whenever required.
• Monitor/Evaluate and maintain change orders/variations to add in Project Execution Budget.
• Advising Commercial department on bid summary stage and providing budget.
• Close coordination with construction managers and solving issues immediately.
• Preparation of Closure reports at Project’s completion and provide feedback to estimation at end and during project execution.
• Add lessons learned from current projects in Cost Control Directory for future references.

• Prepare Budget/rate analysis for estimated project to allocate budget for project.
• Control & monitor direct / indirect costs around 11% as an overall.
• Fully understand cost breakdown structure CBS and cost code level / Activity Based Costing.
• Prepare monthly labor report using Earned Value Management system (EV & AC) to monitor cost CBS wise if gaining or losing as per CPI/SPI & check BAC & Estimate at completion EAC.
• Monitor and check cost control procedure implementation at Store, SIV/MRV/TV e.g. cost code, timely input, etc.
• Monitor ledger cost booking of project (project expense/cash flow)& shift cost if miss-allocated & also budget shifting when required.
• Review & approve all material requisition required at site by verifying cost code, rate, quantity and amount against budget & help in procurement.
• Checking of sub-contractor’s quotations & coordinating with QS in finalization & approving all payment certificates by monitoring sub-contractor liabilities as per budget/scope.
• Discuss, set & agree on productivity for certain CBS with Project Engineers to be within budget especially for new activities.
• Cost Analysis and case studies when required for implementation of cost-effective ideas.
• Cost Analysis of materials/sub-contractors & suggest alternatives when required.
• Providing feedback to estimation as per actual scenario during post contract.
• Forecast resources by checking EAC / ETC and alarming Project manager and take-action.

• Quantity take-off for different purposes
• Preparation of Bills of Quantities for quantities taken off.
• Preparation of Cost Reports on monthly basis
• Established Labor Productivity monitoring
• Preparation of Monthly valuations as per site progress.
• Preparation of Variations as per drawings / Client requirements.
• Sub contractor’s and materials inquiries & obtaining Quotations.
• Prepare and measure Subcontractor's work for contract documents, monthly payments, and final accounts.
• Basic Contracts Knowledge of FIDIC.
• Good Knowledge of the construction process from Initial to Final stage considering specifications & also technical knowledge of Construction Materials.

• Monitoring proper allocation of cost codes.
• Reviewing all invoices and LPO's
• Preparation of Cost Reports on a monthly basis
• Labor Productivity monitoring
• Equipment timesheets verifying and approving monthly invoices
• Verifying of labor timesheets for job codes allocation and overtime control
• Monitoring of major material as per store inventories and stocks.
• Coordinating with site team on a daily basis on different issues
• Monitoring subcontractor's awards, payments, and accruals

Pre-contract and Post Contract QS activities.