What the role is:
The DD/AD is a part of a dedicated team of engineers, architects and quantity surveyors within the Ministry of Finance (MOF) that seeks to ensure value-for-money (VfM) and prudent expenditure in major public development projects. This is achieved through the integration of engineering expertise and strategic insights to optimize whole-of-government outcomes.
What you will be working on:
The DD/AD evaluates and gives technical inputs on major development project proposals that are submitted through MOF for approval. This includes projects that are submitted for Gateway Reviews, and for approval by the Development Planning Committee (DPC). He/She reports to the 2Director (CP2M). He/She is required to engage various stakeholders of a project (both public and private sector) to achieve the following technical outcomes: Evaluating Budget & Life Cycle Cost 1) Manage the MOF technical evaluation process for development projects submitted for MOF\'s funding approval, which seeks to derive a reasonable total project cost and scope for budget approval 2) Identify cost drivers (e.g. high cost building elements) of development projects for cost optimisation and consider alternative design proposals 3) Apply cost optimization techniques e.g. value engineering 4) Apply data transformation techniques (e.g. normalisation of parameter changes, unit of measurement, inflation etc.) in cost analysis and evaluation 5) Make broad design assumptions and provide cost estimates for alternative designs for standard projects. Project Scope & Business Case Analysis 6) Assess the robustness of the business case at the strategic and operational level 7) Identify opportunities, gaps, issues and recommend changes to enhance value and/or reduce cost in the proposals 8) Carry out benchmarking research 9) Identify wider implications of the project e.g. governance aspects, stakeholder management requirements, risks and externalities
What we are looking for:
A Degree holder with experience in Quantity Surveying is preferred, with at least 7 years of relevant working experience in handling development projects and has knowledge in following areas: \xe2\x80\xa2 In-depth knowledge of construction cost estimation and management \xe2\x80\xa2 Understanding construction and maintenance cost norms and trends \xe2\x80\xa2 Understanding of development planning, design, procurement, construction and maintenance processes \xe2\x80\xa2 Understanding of construction cost structure and analysis techniques \xe2\x80\xa2 Understanding of common cost drivers and risks of budget overrun in development projects \xe2\x80\xa2 Understanding approach to Cost Optimisation \xe2\x80\xa2 Application of data transformation techniques (e.g. normalisation of parameter changes, unit of measurement, inflation etc) \xe2\x80\xa2 Understanding of principles of design optimisation of buildings in terms of function and space The principal accountabilities of the DD/AD are as follows: 1) Manage the MOF technical evaluation process for development projects submitted for MOF funding approval, which seeks to right-size and right-scope, optimise design and derive a reasonable total project cost for funding approval including making broad design assumptions for provision of cost estimates on alternative designs 2) Meet desired service standards in project evaluation and advisory
About Ministry of Finance:
The mission of the Ministry of Finance (MOF) is to create a better Singapore through finance. We aim to sustain a high-performance Government with sound public finances that enable growth opportunities for all Singaporeans. The Ministry of Finance is an important central planning agency within the Public Service, serving four key roles: \xe2\x80\xa2 As a Steward, we are responsible for the Government\'s overall budget and management of reserves \xe2\x80\xa2 As an Enabler, we provide resources (funds, products and expertise) to other government agencies for the implementation of national policies and programmes \xe2\x80\xa2 As an Integrator, we bring agencies and/or other stakeholders together to achieve whole-of-government outcomes \xe2\x80\xa2 As a Catalyst, we seed new ideas and open up new terrain where others have not yet seen the potential for success.
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