About Yatheesha Rai
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Academic Level Degree Bachelor
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Age 48 - 52 Years
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Salary 1850
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Gender Male
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Industry Management
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Viewed 18
About me
SENIOR QUANTITY SURVEYING/CONTRACT MANAGEMENT PROFESSIONAL
As a Lead / Senior Quantity Surveying Management Professional, my professional background includes more than 28 years of experience in managing cost control, contract administration, and project financials in large-scale construction projects, including performing detailed quantity takeoffs, cost analysis, and preparation of bill of quantities (BOQs) across residential, commercial, and infrastructure projects.
Over the years, my career in quantity surveying has equipped me with a comprehensive understanding of the financial and contractual aspects of construction projects mainly in Petroleum, Oil & Gas. I have successfully managed cost planning and control for projects ranging from commercial developments to large-scale infrastructure works.
I am presently working with PDO (Petroleum Development Oman) – Muscat, Oman as Lead Quantity Surveyor – Rabab Harweel Integrated Project & North and South Portfolio – B & Megaprojects.
Education
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1995 - 1997
Mangalore University
Bachelor of Mechanical Engineering
I have passed the BE Mechanical from Mangalore University, Karnataka, India in 1997
Experience
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2015 - Present
Petroleum Development Oman
Lead Quantity Surveyor
• Strategic Planning: Integrate cost management strategies into the broader strategic planning process, aligning financial forecasts with long-term project goals and ensuring that budgetary considerations support overall project success.
• Quantity Surveying: Perform detailed quantity take-offs, cost estimations, and valuations, ensuring accurate measurement and financial assessment throughout all project phases, from inception to completion.
• Contract Administration: Lead the management of pre-tender and post-tender contracts from start to close-out, quantity surveying, and contract close-out, providing strategic commercial insights to the company and contractors.
• Cost Management: Lead the preparation, monitoring, and control of project budgets, aligning with financial targets and objectives.
• Risk Assessment: Conduct risk assessments, identifying cost risks and mitigating the same to minimize financial exposure.
• Value Engineering: Liaise with project teams to identify cost-saving opportunities and ensure value engineering principles are applied.
• Procurement: Lead procurement activities, including tender documentation preparation, supplier evaluation, and contract negotiations.
• Budget Control: Monitor actual costs against the cost plan, identifying and addressing any deviations to maintain budget control.
• Tendering: Oversee tender processes, evaluate bids, and manage contract variations, ensuring seamless execution.
• Cost Estimation: Prepare cost estimates at key stages, establish systems for handling contract costs, and ensure fair payment for work.
• Cost Allocation: Implement cost allocation systems, track expenditures, and maintain financial precision throughout the project.
• Final Accounts: Manage the preparation and agreement of interim and final accounts, ensuring timely payment to contractors.
• Preambles & Measurement: Apply pricing preambles and measurement methods, ensuring fair value assessments per terms.
• Variation Management: Assess and negotiate contract variations, documenting changes in scope and managing cost implications.
• Dispute Resolution: Recommend optimal contract forms, prevent disputes, and resolve them effectively when they arise.
• Team Coordination: Liaise with design teams, subcontractors, and suppliers to ensure meticulous cost planning and budget compliance.
• Advanced Technology: Actively work on the PDO Quantity Surveying Software (E-Massah) and communication platforms (PROCON, SAPPHIRE, ASSAI, SPO), with advanced expertise in SAP for commercial updates. -
2013 - 2015
Saipem S.p.A (ENI Group) Abu Dhabi ADNOC-SHAH GAS Expansion & Saudi Aramco for Rabigh Refinery & Petrochemicals
Senior Quantity Surveyor
• Oversaw project progress with software (PCON and COLAV) and subcontractor invoicing reports using Saipem Cost Item List management.
• Provided feedback to planning, and best practices to boost site productivity, and managed Variation Orders and New Price Approvals.
• Contributed to project progress and safety meetings, ensuring successful outcomes.
• Developed project status reports and budgets within deadlines, using MTO from the latest IFC drawings.
• Mentored junior staff in Quantity Surveying, enhancing their skills.
• Ensured accurate and timely quantity analysis by validating on-site progress. -
2010 - 2013
Samsung Engineering Company Limited; Takreer Refinery Expansion Project
Senior Quantity Surveyor
• Managed contract documents and agreements, approving subcontractors’ monthly reports in line with specifications.
• Provided daily manpower and man-hour reports to PMC, ensuring accurate workforce updates.
• Developed and implemented Quantity/Cost plans with detailed charts for each discipline.
• Verified Daily Progress Reports, optimizing manpower and machinery utilization.
• Maintained critical project data in SAP, ensuring accurate updates.
• Calculated payments and deductions per subcontract agreements and specifications.
• Finalized subcontractor invoices, verifying quantities and costs against specifications.
• Applied cost control procedures at various project stages to ensure budget compliance.
• Communicated key updates on contracts, costs, and quantities to senior management, subcontractors, PMC, and clients. -
2007 - 2010
Kettaneh Construction Qatar (KCQ) Doha, Qatar (Mesaieed 2000MW Power Plant Project) & Qatalum Aluminum Smelter Project, Qatar
Senior Site Engineer & Quantity Surveyor
Managing Site Activities with progress management and also monitoring and reporting progress by preparing quantification, evaluation and submission of invoices, attending progress meetings, Sub Contractor payment and dispute resolution.
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2000 - 2008
Shri Ganesh Engineering Industries, Baikampady, New Mangalore
Proprietor for an SME (Still Running)
Managing the manufacturing and fabrication unit for heavy industrial structures and domestics structures, meeting with clients for finalizing the tenders, enquiries and progress of works, Managing the staff from design to commissioning stages with all aspects of planning, monitoring, market analysis, procurement, recruitment, cost control, safety, risk identification and management, Quality, change management, closeout of contracts, taxes, banks, liabilities management, balance sheets, audits etc.
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1997 - 2000
Mangalore Refinery and Petrochemicals Limited (MRPL), Mangalore
Project Consultant
Being a Project Engineer in the Construction of Phase-2 of Refinery and petrochemicals, involved in the project management, discussion with PMC/PMT, Changes & variations, day to day progress, safety, training and all other related activities.
Honors & awards
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2023
Best performer
I got this award from the PDO for the performance which I have shown in Cost avoidance
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2022
FPD Star
I got this award from PDO management for serving and training Omani staff
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2022
Shukran award
I got this ward for successful completion one of the mega project.
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2019
Shukran award
I got this award for cost saving in PDO\'s reputed project.
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2024
Candidate MRICS _APC preliminary in Quantity Surveying and Construction
I have selected for the candidature of MRICS-APC-Preliminary in Quantity surveying and Construction in July 2024 and expected the assessment in July-2025