Abdelrahman Rashed

Abdelrahman Rashed Email and Phone Number

Associate Director-Commercial and Procurement @ Hassan Allam Properties
Cairo, Cairo Governorate, EG
Abdelrahman Rashed's Location
Cairo, Egypt, Egypt
About Abdelrahman Rashed

A Civil Engineer with solid background in real estate development and construction management. 14 years’ experience in commercial management pertaining to, budgeting, cost estimation, tendering, procurement, contracts, quantity surveying and cost control.Worked for leading real estate developers in the Egyptian market and engaged in commercial project management and construction of landmark residential, commercial, retail and hospitality projects at Cairo Festival City and Swan Lake projects.

Abdelrahman Rashed's Current Company Details
Hassan Allam Properties

Hassan Allam Properties

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Associate Director-Commercial and Procurement
Cairo, Cairo Governorate, EG
Website:
hap.com.eg
Employees:
677
Abdelrahman Rashed Work Experience Details
  • Hassan Allam Properties
    Associate Director-Commercial And Procurement
    Hassan Allam Properties
    Cairo, Cairo Governorate, Eg
  • Hassan Allam Properties
    Senior Manager Commercial And Procurement
    Hassan Allam Properties Jan 2023 - Present
  • Hassan Allam Properties
    Commercial Manager
    Hassan Allam Properties Jan 2021 - Dec 2022
    •Managing commercial and procurement team in terms of commercial aspects to ensure meeting business strategy.•Preparing the preliminary budget, procurement strategy, cash flow and updates on the different project stages.•Managing/ Providing cost plans at different design stages, recommend value engineering to meet the project budget.•Follow projects procurement strategies to meet project’s Plan for issuing/manage issuing the RFPs, assigning the different required project vendors, consultants, contractors, and suppliers. •Prepare/Manage preparing the contract, negotiate contract conditions, negotiate commercial proposals and payment terms for the different required project vendors; consultants, contractors, and suppliers to meet the project budget and get the best benefits for business growth.•Preparing prequalification for consultants, contractors, and suppliers to get approved vendor list•Monitoring and controlling the budget by providing periodical cost reports that show current commitments, anticipated changes, anticipated claims, approved changes and forecast final account•Manage issuing/issuing payment certificates for all projects; consultants, contractors, and suppliers, and monitor the payments to be finalized and paid on the due date
  • Elsewedy Industrial Development
    Commercial Manager
    Elsewedy Industrial Development Oct 2019 - Dec 2020
    Egypt
    • Projects Budget: Liaise with (External Cost Consultant/Cost Department/Planning Department) in preparing the budget, procurement strategy, cash flow and update on the different project stages .• Pre-Contract: Procurement: Follow projects procurement strategies for issuing the RFPs, assigning the different required project vendors consultants, contractors, and suppliers.• Pre-Contract: Commercial and Contracts: Draft contracts, negotiate contract conditions, negotiate commercial proposals and payment terms for the different required project vendors, consultants, contractors and suppliers to get the best benefits for business growth .• Post Contract Commercial and Contracts: Prepare payment certificates for all project vendors and manage commercial closure of contracts (in coordination with the External Cost Consultant, where applicable); consultants, contractors and suppliers.• Perform change management necessary actions, negotiate variation orders , prepare contract amendments and assess claims submitted by the different project vendors, consultants, contractors and suppliers and prepare counter claims.• Post Contract Project Budget: Liaise with (External Cost Consultant/Cost Department) in monitoring and controlling the budget and in providing periodical cost reports that show current commitments, anticipated changes, approved changes, and forecast final account .• Managing Consultants: Manage the cost consultant in terms of commercial deliverable required in the different project stages: - Pre-contract stage: cost plans, BOQs, PTE and tender evaluation reports.- Post contract stage: contractors interim payments, financial reports, variations assessments and final account agreement.• Manage the design and supervision consultants in terms of commercial aspects to ensure meeting the operation Plan, as updated.
  • Al-Futtaim
    Assistant Commercial Manager
    Al-Futtaim Jun 2018 - Sep 2019
    Egypt
  • Al-Futtaim Group Real Estate
    Quantity Surveyor- Commercial
    Al-Futtaim Group Real Estate Nov 2015 - Jun 2018
    Egypt
    •Supporting, as directed, line manager in provision of Quantity Surveying / Commercial Management Services for a portfolio of works or single large project.• Advising Development manager on procurement of projects and consultancy services to meet time, quality and cost requirements of the development plan.• Providing commercial advice to design management and development divisions to ensure in all respects that risk is minimized, best value is achieved and to maximize the return in investment on projects developed.• To use standard form contracts, in review with Group legal, in production of consultant and contractor agreements, and agreements of purchase.• To report on portfolio costs, budgets and risks on a monthly basis.• Providing pre and post contract Quantity Surveying Services for the portfolio or project including, without limitation, cost estimating, monthly accounts, review of cost and budget forecasts, analysis of claims and variation submissions and final account settlement.• Monitoring and ensuring project insurance policies are maintained in relation to portfolio construction works (Professional Indemnity, Contractors All Risk, Third Party, Other contract insurance requirements).• Complying with and using group forms and processes to ensure internal approvals are obtained in accordance with group policies and the Delegation of Authority.• Assisting in prequalification of Contractors and Consultants.• Preparing Requests for proposal and negotiating agreements for contractors and consultants.• Preparing tender evaluation reports and advising on selection of tenderers.• Post Contract administration services for Consultancy and Contractor agreements.• Monitoring Portfolio payment and budget commitments in accordance with Cost Management Services Team.
  • Consolidated Contractors International Company
    Cost Control Engineer
    Consolidated Contractors International Company May 2014 - Oct 2015
    Egypt
    •Study and understand all relevant project documents relating to the cost management of allocated project.•Interface with accounting, procurement, engineering,Construction, Personnel and other groups for the implementation of common cost coding and work breakdown structure across the project•Monitor the budget on all activities of project according to Cost Breakdown Structure.•Provide analytical interpretation of cost information in relation to progress/earned value/change/risk in coordination with the Planning team .•Review project man-hours and the allocation of man-hours,in conjunction with planning on a weekly basis.•Prepare weekly productivity report for labor and equipment and compare it with the budget to recommend corrective actions for optimizing and improving the productivity .•Assisting Project Management in identifying and gaining approval of, variations and change orders.•Establish the development of a cost database to reflect trends and the budget/actual analysis•Report project actual vs. Budget status as required.•Contribute in managing the budget control process, analysis and reporting of the project overall cost.•Prepare the overall project performance reports mainly as actual vs. budget to date and forecast at completion for management review. •Producing monthly cost reports and advising management promptly of any forecast cost over/under run with recommendation for corrective plan.
  • Rowad Modern Engineering
    Cost Estimation & Tendering Engineer
    Rowad Modern Engineering Jun 2011 - Apr 2014
    Cairo
    •Read carefully the BID documents, project Contract, request for proposal documents and understand well scope of work and technical requirements.•Check the design drawings and specifications compatibility with the requirements, to issue the (BOQ).•Visit construction site to study access, availability of utilities, topography, drainage and other relevant cost elements.•Determine what materials are needed for a project, based on size and design specifications, along with the labor required to complete it.•Estimating the cost of the material by getting price quotations from local/external suppliers or subcontractors.•Comparing the received offers and determining which offer is the best commercially and technically.•Break down and estimate the cost related to a project including materials, labor, equipment, subcontractors, indirect cost, taxes, insurance, markup and any additional cost that may affect the project.•Help the company to take the decision for buying or hiring the different assets needed to complete the project according to time needed and depreciation cost.•Developing construction master schedule and summary schedules using Primavera 6 according to the tender specifications ,BOQ, scope of work, milestones and coordinating cost and schedule activity at site.•Estimate the manpower required by loading resources for each activity•Generating manpower histogram, progress S curves, cash flow diagram and resource loading reports using Primavera 6 & Excel.•Study cash flow for the project considering the advance payment, invoices payment terms and retention money according to contract conditions to get cash out and cash in and determine in which time I have to fund the project or ask for bank funding and take it into project `s cost and contingency consideration.
  • Mafec
    Quantity Surveyor
    Mafec Nov 2010 - Apr 2011
    Cairo
    •Preparing plans, contracts, budgets, BOQ and other documentation.•Revising invoices with the contractors•Arranging payments to suppliers and contractors

Abdelrahman Rashed Education Details

Frequently Asked Questions about Abdelrahman Rashed

What company does Abdelrahman Rashed work for?

Abdelrahman Rashed works for Hassan Allam Properties

What is Abdelrahman Rashed's role at the current company?

Abdelrahman Rashed's current role is Associate Director-Commercial and Procurement.

What schools did Abdelrahman Rashed attend?

Abdelrahman Rashed attended Edinburgh Business School, Heriot-Watt University, Ain Shams University.

Who are Abdelrahman Rashed's colleagues?

Abdelrahman Rashed's colleagues are Shaha El Gallal, Zeina Shehab Eldin, Mohamed Fathy, Mohamed Nabil, Peter Riad, Salma Hany, Zouheir Halbouny.

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