Krunal Shah, Commercial Management

Krunal Shah

Commercial Management

Arabtec Construction

Location
United Arab Emirates - Dubai
Education
Bachelor's degree, Civil Engineering
Experience
20 years, 1 Months

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Work Experience

Total years of experience :20 years, 1 Months

Commercial Management at Arabtec Construction
  • United Arab Emirates - Dubai
  • My current job since May 2019

 Responsibilities:
• Client Management including monthly payment applications, variations & contract deliverables
• Sub-contract Management including monthly invoice certifications, assessment of variations, scope reconciliation & final accounts settlement
• Liaison with other departments and external entities for the successful delivery of the project
• Project Cost / Budget Monitoring & Controlling
• Value Engineering & Preparation of Cost Proposals
• Preparation of Cost Value Reconciliation & Estimated Forecast Reports
• Closely working with SCD to optimize buying gains & to avoid any scope gaps
• Providing assistance to projects for variations
• Identifying areas of improvement based on historical data, market intel, inputs & lessons learned
• Identifying & evaluating risks & opportunities
• Co-ordination with internal & external stakeholders such as departments, Subsidiaries, Affiliates and JV Partners
• Conducting brain-storming sessions with stakeholders, internal & external

 Achievements:
• Cost optimization by approx. 14%
• Proposed VE approx. 12%
• Increased margin by 2-3% by proposing optimized procurement & execution strategy

Sr. Quantity Surveyor at MS Construction FZ LLC
  • United Arab Emirates - Dubai
  • August 2016 to May 2019

 Responsibilities:
• Client Management including monthly payment applications, variations & contract deliverables
• Sub-contract Management including monthly invoice certifications, assessment of variations, scope reconciliation & final accounts settlement
• Liaison with other departments and external entities for the successful delivery of the project
• Project Cost / Budget Monitoring & Controlling
• Value Engineering & Preparation of Cost Proposals
• Procurement & Material Reconciliation
• Preparation of Cost Value Reconciliation & Estimated Forecast Reports
• Co-ordination with SCD to optimize buying gains

 Achievements:
• Optimized revenue cost ration by 2%
• Able to propose approx. 12% as Value Engineering
• Able increase margin by 2-3% by proposing optimized procurement & execution strategy

Lead Quantity Surveyor at AEGIS Contracting Co. LLC.
  • United Arab Emirates - Abu Dhabi
  • June 2012 to July 2016

 Responsibilities:
• Pre & Post Contract Quantifications & Identification of Tender Requirements
• Cost Monitoring & Controlling
• Project Budgeting & Value Engineering
• Contract & Sub-contracts Administration and Management
• Project Estimation & Procurement
• Variations & Claims
• Billing, Certification & Final Account Settlement
• Project Co-ordination

Lead Quantity Surveyor at Taahud General Contracting Co. LLC
  • United Arab Emirates - Abu Dhabi
  • February 2009 to June 2012

 Responsibilities:
• Pre & Post Contract Quantifications and preparing BOQ, BOM & MTO
• Study of Tender documents and raising RFIs for missing / required information
• Preparation of detailed Estimation of Direct & Indirect Costs
• Preparing Feasibility studies and preparing different proposals for approvals
• Studying contract documents for the identification of Scope of Works & any scope gap
• Identification of change between Contract, Working & As-build documents
• Budget preparation, Cost Planning, Cost Monitoring & Cost Control
• Preparation, submission, negotiation & agreement on claims & variations
• Assisting in the procurement of the material & Material Re-conciliation
• Preparation of monthly progress bills and follow-up for the certification
• Certification of subcontractors’ monthly progress bills
• Final Account Settlement with the client & the sub-contractors
• Sending RFPs & preparation of comparative statements

Quantity Surveyor & Billing Engineer at SHAMEL INTERNATIONAL INDUSTRIES
  • Afghanistan
  • April 2007 to January 2009

 Responsibilities:
• Pre & Post Contract Quantifications
• Preparation of detailed Estimation for additional works
• Making Feasible studies and preparing Guaranteed Maximum Price (GMP) for the client
• Studying contract documents for the identification of Scope Of Works
• Identification of change between Contract Drawing, Shop Drawing & As-build Drawing
• Managing contracts with sub-contractors
• Budget preparation, Cost Planning, Cost Monitoring & Cost Control
• Preparation, submission, negotiation & agreement on variations
• Assisting in the procurement of the material & Material Re-conciliation
• Preparation of monthly progress bills and follow-up for the certification
• Certification of subcontractors’ monthly progress bills
• Final Account Settlement with the client & the sub-contractors
• Sending RFPs & preparation of comparative statements

Quantity Surveyor at UMET Construction Pvt Ltd
  • Maldives
  • October 2006 to March 2007

 Responsibilities:
• Pre & Post Contract Quantifications and preparing BOQ & BOM
• Studying contract documents for the identification of Scope of Works & any scope gaps
• Budget preparation, Cost Planning, Cost Monitoring & Cost Control
• Assisting in the procurement of the material & Material Re-conciliation
• Preparation of monthly progress bills and follow-up for the certification
• Sending RFQs & preparation of comparative statements

Project Engineer at Associated Environmental Engineers Ltd
  • India - Vadodara
  • March 2006 to September 2006

 Responsibilities:
• Pre & Post Contract Quantifications and preparing BOQ, BOM & MTO
• Construction of water retaining structures and units of STP & ETP
• Co-ordination with all departments for the construction requirements and details
• Studying drawings, specifications and conditions of contract for the identification of Scope of Works & any scope gaps
• Budget preparation, Cost Monitoring & Control
• Preparation & agreement of variations with the client & sub-contractors
• Sending RFQs and preparation of comparative statements, Procurement & Re-conciliation
• Preparation of Daily Progress Report & Labour Report
• Submission of progress invoices and follow-up for the certification
• Certification of subcontractors’ invoices

Junior Engineer at JMC Projects (I) Ltd
  • India - Ahmedabad
  • May 2004 to February 2006

 Responsibilities:
• Construction of heavy industrial structures
• Studying contract documents for scope identification
• Identification & Notification of change between Contract, Working & As-build documents
• Preparation of Daily Progress Report & Labour Report
• Preparation of sub-contractor’s monthly Running Amount Bill and certification

Education

Bachelor's degree, Civil Engineering
  • at Dharmsinh Desai university
  • April 2004

I passed by civil engineering with flying colors in 2004.

Specialties & Skills

Project Bidding
Contracts
Cost Management
Tender Preparation
quantity surveying & Estimation
Pre-Contract QS
Estimation & Tendering
Final Accounts Settlement
Supply Chain Management & Procurement
Project Co-ordination
Billing & Certification
Variations & Claims
Post-contract QS

Languages

English
Expert
Hindi
Expert
Gujarati
Expert
Marathi
Intermediate

Hobbies

  • Travelling & Reading