Islam  Medhat Fahmi, Senior Cost Control

Islam Medhat Fahmi

Senior Cost Control

SODIC

Lieu
Egypte - Le Caire
Éducation
Diplôme, Construction
Expérience
18 years, 3 Mois

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Expériences professionnelles

Total des années d'expérience :18 years, 3 Mois

Senior Cost Control à SODIC
  • Egypte - Le Caire
  • Je travaille ici depuis décembre 2015

- Participate in project initiation / preparation of initial budgets.
- Monitor and control value engineering workshops as to monitor and update projects budgets, carrying out cost comparison for alternatives.
- Assisting in undertaking of feasibility studies.
- Review bills of quantities.
- Liaise with other department to ensure packages are well identified before tenders.
- Issue detailed budget sheet and obtain PM signature for it to be used as a budget control sheet for each project.
- Prepare and review monthly Cost report with the cost engineer for monitoring projects.
- Coordinate and work with the project management team to resolve project issues to ensure the delivery/completion of the project work.
- Attend project meetings and discussions with the Project Management Team.
- Provide cost control and planning advice to the project management team when required.
- Review payment certificates in full conformity of stipulated contracts, especially with regard to payment terms, penalties, deductions. etc.
- Review the Contractor’s approved Works program and associated cash flow and advice the PM of any adjustments necessary to the Project cash flow.
- Advise the PM on any issues which may impact on targeted cost outcomes and recommend remedial actions to the PM as appropriate.
- Update the Project cost estimate based on the committed and non-committed changes.
- Analyzing variances.
- Prepare final account after assuring the contractual obligations have been met.
- Participate in the preparation of cost report.
- Assist the cost manager for issuing monthly Bank Loan reports and verify figures with the bank's consultant.
- Assist in preparing the company cash flow for the upcoming years by estimating all the upcoming projects budget in accordance with projects schedule.

Tendering & Cost Estimation Engineer à Burhan International Construction
  • Autre
  • Je travaille ici depuis juin 2010

 Develop tender cost summaries including equipment, materials and labor calculations for final approval.
 Identify critical issues that may impact on cost sensitive areas.
 Assess individual rates and prices, amend, create new or insert from material and subcontract quotes. Rate build-ups to be checked & amended where necessary.
 Verification of bid compliance with tender requirements.
 Proposition of construction method statements and execution plans.
 Handing over the won projects to operation teams and establishment of site budgets based on tender estimate.
 Interfacing with Clients, attending post tender meetings and respond to post tender clarifications.

Senior Tendering & Proposal Engineer à GAMA For Trading & Contracting
  • Egypte - Le Caire
  • juillet 2011 à décembre 2015

 Preparing the main tender information report including the most important clauses in the contract conditions, scope of work, major B.O.Q quantities, and other main information for the top management.
 Cost forecasting and budget proposals.
 Detailed estimation for direct cost components (Materials, Labors, Equipment, Consumables and Subcontractors).
 Estimation of In-direct cost elements (Staff Costs, General-use labors/equipment, General Expenses, Site Facilities, Risks, Bonds, Insurances, Financing Charges, etc.).
 Coordinate the closing out process - in conjunction with the technical team - in order to ensure that all technical parameters have been met.
 Managing all tender ingoing and outgoing correspondences with owner, consultant and partner(s).
 Task assignment to the work team and verification of work quality and performance in timely manner.
 Leading tender procurement activities starting from preparation of RFQs till final comparative statements including select/short listed vendors to bid; analysis bids received along with technical evaluation
 Build relationships, liaise with internal customers and external suppliers & vendors and manage daily correspondence for quantities, costs and specifications.
 Carry out adjustments to the tender based on the discussions in the meeting and complete tender documentation for submission by the due date.
 Meet with the Client team to carry out value engineering exercises if necessary liaising with the relevant internal departments and suppliers and/or sub-contractors as appropriate.
 Forecasting of project cash flow (cash-in versus cash-out).
 Estimation of project risks/opportunities, probability of occurrence, mitigation measures and their related cost impacts.
 Proposition of construction method statements and execution plans.
 Identification of equipment and manpower utilization histograms.
 Reporting, presenting and reviewing tender estimate with top management.
 Participate in all contract negotiation processes along with the Finance, legal and commercial departments till the contract signing.
 Prepares or supervises the preparation of cost studies utilizing historical data, statistical analysis, and cost and quantity comparisons.
 Accumulate projects historical data to be used in both bids and schedule.
 Supporting running projects from time to time by cost estimation/analyzing of variation orders and potential claims.

Tendering & Cost Estimation Engineer à SIAC
  • Autre
  • février 2007 à juin 2010

 Preparation and development of Cost Breakdown Structure for direct costs.
 Co-ordinate and start the clarification & review of drawings to identify any difference to tender requirements and raise queries against specification
 Co-ordinate the preparation of tender documentation queries to consultants/clients to confirm and collect any missing data
 Clearly mark BOQ to identify items to have enquiries sent out, together with specification, prelims elements and appropriate drawings. Monitor enquiry process & dates for quote returns
 Contact appropriate person to arrange site inspection, visit site & make all necessary record notes and take appropriate photographs. Assimilate information and take account of in tender pricing
 Review and study all the acquired quotations to check their compliance with the project requirements and prepare the comparison statements to choose the most suitable prices for the project
 Producing relevant data and reports as may be required by Planning, Cost Control & Contracts departments

Site Engineer à Al-Fateh
  • Autre
  • août 2006 à février 2007

Responsible for supervising the execution of multiple villas projects; civil & architectural works.

Site Engineer à RANCY
  • Autre
  • février 2006 à août 2006

Responsible for the execution of a project consists of 23 buildings with infrastructure works in 6th of October city

Éducation

Diplôme, Construction
  • à Ain Shams University
  • juin 2008

Higher Diploma in Construction Project Management

Baccalauréat, Civil Engineering
  • à Faculty of Engineering, Ain - Shams University
  • juin 2005

Graduated from Ain Shams University Faculty of Engineering, Cairo - EGYPT (Civil Dept., Water & Hydraulics Structures) Year 2005 with cumulative grade Fair, the final year Good (73%) & the project Excellent (Harbors).

Specialties & Skills

Cost Control
Civil Engineering
Tendering
Project Estimation
Negotiation
Time Management
Negotiation

Langues

Anglais
Expert

Formation et Diplômes

Contractual & Legal Aspects in Construction (CLAC) (Formation)
Institut de formation:
American University in Cairo
Date de la formation:
January 2015
CICCM - Certified International Commercial Contracts Manager (Certificat)
Date de la formation:
April 2015
Valide jusqu'à:
April 2020
The Professional Program in Project Management (PRMG) (Formation)
Institut de formation:
American University in Cairo
Date de la formation:
January 2006

Loisirs

  • Travelling
  • Basketball
  • Reading