Maan Shafaay Maan Shafaay
Cost & Project Controls Lead · Riyadh, KSA

Maan Shafaay

Turning complexity into clarity.

I keep multi-million dollar projects on budget, on time, and ahead of risk. Seven years across mining, utilities, and infrastructure, with an MSc and a track record that speaks in numbers.

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Scale of responsibility
Portfolio value
Water and wastewater capital projects
SAR 52B
Active projects
Monitored across Saudi Arabia
636+
Operational budget
Managed across five cost centers
SAR 181M
Capex overseen
Critical projects, tracked against baselines
SAR 94M
Results

Budgets set, awards governed, savings delivered.

SAR 308M
Annual Capex budget and cost baselines established for capital projects.
National Water Company
SAR 130M
Utility relocation projects tendered and awarded, commissioned by the Ministry of Transport and Logistic Services.
National Water Company
SAR 50M
Cost control across four capital projects, enhancing delivery efficiency.
Maaden
SAR 12M
Cost optimization through alternative pricing and procurement.
Qiddiya Investment Company
About

Control. Clarity. Confidence.

Cost and project controls lead with an MSc in Civil Engineering and extensive experience in cost, construction, and risk management within high-stakes environments. Having worked across the roles of client, consultant, and contractor, I have a proven track record delivering projects in mining and minerals, wet utilities, roads and bridges, and mixed-use and residential buildings.

My expertise centers on commercial oversight, real-time monitoring, and forecasting of capital projects in the multi-million USD range, ensuring rigorous budget control and strategic risk mitigation. I also specialize in quantitative risk analysis, implementing AI-driven optimization tools, and delivering actionable insights to prevent budget slippage.

I am passionate about bridging practical project controls with advanced research in civil engineering, particularly in cost-risk modeling and AI-supported forecasting for large-scale projects.

Experience

Career journey

National Water Company
Nov 2024 — Present
National Water Company
Cost Control Lead

Overseeing cost controls compliance across 636 active projects in KSA, tracking EVM metrics, managing variation orders, reconciling invoices, and reporting portfolio performance and risk at SAR 52 billion scale.

Established annual Capex budget and cost baselines for capital projects valued at SAR 308 Million.
Governed the tendering and award of utility relocation projects valued at SAR 130 Million, commissioned by the Ministry of Transport and Logistic Services.
Oversee SAR 94 million of Capex allocated to critical projects, tracking spend against approved baselines.
Qiddiya Investment Company
Aug 2024 — Oct 2024
Qiddiya Investment Company
Assistant Manager, Commercial

Embedded in the commercial team on the Delta B (Dragon Ball) program, managing cost reporting, final cost forecasting, variation and contingency tracking, and risk identification for appointed consultants and contractors.

Spearheaded cost optimization saving SAR 12 Million through strategic alternative pricing and procurement.
Maaden
Sep 2021 — Jul 2024
Maaden
Senior Engineer, Cost Control

Part of the PMO project controls team, monitoring cost and schedule variances, managing change orders, updating baselines and forecasts, and developing risk mitigation strategies across Maaden's capital programme.

Managed a SAR 181M operational budget across five distinct functions.
Managed cost control for four capital projects totaling SAR 50M to enhance delivery efficiency.
Directed the evaluation of 40+ buildings and spearheaded the HQ relocation.
Led the successful attainment of ISO 41001:2018 and ISO 9001:2015 certifications.
Mace Group
Aug 2020 — Sep 2021
Mace Group
Project Assistant

Deployed across two projects, Misk City and a 7-star private residential and leisure island development, supporting cost and project management consultancy, building construction schedules and cost estimates, and ensuring contractor and consultant compliance.

Led the handover of various facilities, ensuring smooth transitions and timely project delivery.
Shibh Al Jazira Contracting Co.
Oct 2019 — Aug 2020
Shibh Al Jazira Contracting Co.
Civil Engineer

In the tendering and pricing department, building risk-adjusted cost estimates and managing subcontract proposals for complex infrastructure bids submitted to Qiddiya Investment Company and the Ministry of Defense.

Established a specialized technical library for infrastructure, road, and bridge method statements.
Saudi Aramco
Jun 2019 — Aug 2019
Saudi Aramco
Quality Management Intern

Quality control and assurance on the South Dhahran Home Ownership Project, verifying site compliance against IFC drawings and specifications, and generating daily and weekly inspection reports to track contractor performance.

Managed and presented the weekly Quality Moment initiative throughout the internship period.
Skills

Core skills

01
Controls & Cost Management
Cost Control Variance Analysis Cost Estimation Earned Value Management Budgeting & Forecasting Change Orders Cost Centre Management
02
Technical Operations
Quantitative Risk Analysis Alternative Procurement Supply Chain Risk Mgmt AI Forecasting
03
Software & Systems
Contruent (PRISM) SAP Ariba SAP Fiori Oracle Unifier
Education

Academic foundation

Postgraduate · 2022–2025
MSc, Civil Engineering
Construction Engineering & Management · King Saud University, Riyadh
4.97
/ 5.00 GPA
Undergraduate · 2014–2019
BSc, Civil Engineering
King Saud University, Riyadh
4.63
/ 5.00 GPA
Exchange · Jun–Dec 2018
Exchange Program, Civil Engineering
University of California, Irvine · California, USA
Certifications

Credentials

Certified Associate in Project Management (CAPM)
Project Management Institute · Apr 2021
Associate Engineering Accreditation
Saudi Council of Engineers (SCE) · Sep 2019
Certified Cost Technician (CCT)
AACE International · Oct 2020
Certified Building Quality Inspector
Saudi Real Estate Institute · Nov 2020
Prince2 Foundation
Axelos Global Best Practice · May 2020
Research

Published research

Eight peer-reviewed papers spanning cost and risk, supply chains, housing, pipelines and accessibility.

2026
Multi-objective mixed-integer stochastic programming for housing unit allocation: an integrated framework with application to Saudi Arabian residential development
Engineering, Construction and Architectural Management
2026
Exploring Construction Cost Risks in Mining Projects: Insights from the FEED Stage
Springer Nature
2026
Risk factors influencing construction supply chain management in Saudi Arabia
Scientific Reports
2025
Optimizing accessibility utilizing simulation-based framework for efficient resource allocation and scheduling for disability-friendly utilities
Scientific Reports
2025
Modeling Construction Cost Overrun Risks at the FEED Stage for Mining Projects Using PLS-SEM
Journal of Asian Architecture and Building Engineering
2025
Toward Sustainable Inclusive Construction: A Comprehensive Life Cycle Assessment of Disability Needs Requirements in Civil Engineering Projects
Journal of Disability Research
2025
Enhancing Accessibility for People with Disabilities Through Upgrades in Construction Facilities in Saudi Arabia: A Quantitative Assessment
Journal of Disability Research
2023
Factors for Time and Cost Overruns of Pipeline Projects in Saudi Arabia
Advances in Civil Engineering
2025
AI Implementation in Mining Industry — Harnessing AI for Construction and Facility Management
White paper · LinkedIn
Contact

Get in touch

Whether you have a project opportunity, a question about my work, or just want to connect, I'd love to hear from you.

Riyadh, Saudi Arabia
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