Nikolaos Exakoustos
Senior Project, Contract & Commercial Director
Distinguished career known as a driving force that provides outstanding management of integrated operations and projects where keen business, commercial, financial, and technology acumen are keys for success. 25+ years of accumulated experience delivering project management for global large-scale industrial projects within time limitations and budgetary restrictions. Exceptional interpersonal communication skills with outstanding leadership abilities; dedicated to developing high performance teams, mentoring, and bringing energy, decisiveness, and experience to maximise team performances. Analytical communicator who pioneers operational practices and devises innovative solutions for complex business challenges; adapts quickly to ever-changing environments with a dedication in bringing excellence to the workplace. Fluent in English and Greek, with a working proficiency in French and an early beginner in German and Arabic.
Areas of Expertise
•Contract/Subcontract Development
•Quality Control, Quality Assurance
•PMI Methodologies
•Procurement/Sourcing
•Vendor/Supplier Management
•Workflow, Process Redesign
•Stakeholder Management
•Safety & Compliance Initiatives
•Change Management
•Lean Methodologies
•High Performance Teams
•P & L Accountability
•Budget Development/Management
•Asset Management
•Risk Analysis
Career Experience
Country Contracts & Commercial Director, A&P Group of Companies, Dubai, UAE 12/2017 to Present
Positioned to direct contract and commercial activities for diverse projects in the UAE; formulate all contracts with clients, consultants, suppliers, and sub-contractors and maintain an updated register of Contracts from concept to completion, take over, and close out.
Lead change management processes which include variations to scope and quantities until Contract inclusion through amendments and change orders, ensuring that the terms and conditions for all Contract clauses are aligned with organisational objectives.
Establish and implement project wide commercial performance audits thus ensuring to adhere with corporate compliance standards for contract scope and budget in relation with Regulatory requirements.
Achieve an overall 80% result of income growth from claimed revenue through changes and contractual settlements thereof without compromising on Quality/Health/Safety and Environmental constraints. Maximize time impacts incurred up to 80% through integration of impacted mitigation control measures and plans by also integrating claims from further sub-contractors and suppliers.
Develop and implement sustainable organizational structures in coordination with corporate strategy in reaching growth targets through adjustment of performance needs and project rollout forecasts.
Facilitate review of existing contracts to identify gaps and implement appropriate modifications on existing and future contracts.
Perform risk analysis reviews and evaluations across the projects, make recommendations, and provide consultancy and advice to project teams to ensure all project milestones are achieved on-time.
Conduct training and oversight of all contract team members on integrating services with project teams through a matrix reporting scheme.
Contracts & Commercial Senior Director, Jabal Omar Development Company, Jeddah, KSA 01/2016 to 12/2017
Delivered outstanding results providing oversight of contract and commercial teams for the Jabal Omar Development Project located within the Holy City of Makkah, focus was on mixed-use real estate and hospitality.
Oversaw daily activities of speciality contractors, suppliers, design, consultants, and hospitality operators.
Controlled and mitigated claims which achieved a 65% savings on amounts related to direct costs versus claimed amount; minimized time impacts down to 08%.
Successfully developed a sustainable organizational structure that aligned and exceeded corporate expectations through present development needs and on to future growth targets.
Administered complex and interlinked contracts for construction, speciality consultants, material, equipment, service suppliers: FIDIC (white, red, yellow, gold, green), AIA, for Short Form, Letters of Intent, Letters of Award and full Contracts.
Collaborated with Teams in Project Management, Design, Engineering, Construction, and Procurement from inception to completion including execution, administration, hand over to operations and close out.
Negotiated and implemented far reaching contract settlements by maximizing returns on benefits in terms and conditions, including changes and follow-up contract amendments, so as to settle disputes for additional time and costs.
Facilitated project administration performance reviews for compliance to contract scope, budget, quality, and EHS, achieving legal and regulatory compliance.
Performed audits of existing contracts, effected modifications and amendments, conducted risk analysis reviews and evaluations at all Contract stages with direct guidance and reviews to the execution teams.
Senior Contracts Manager, Parsons Brinckerhoff Arabia – Owners Engineer, Riyadh, KSA 01/2015 to 12/2015
Delivered skilled project management and contract development in the construction of the Riyadh PP12 Combined Cycle Power Plant located in Riyadh, KSA. Contract value of 4.7B SAR.
Managed and monitored financial and cash flow performance for the project; interfaced with Field Construction, quality and scheduling to ensure optimal project progress earned and cash flow.
Developed plans and implemented actions to mitigate undue claims from the Contractor and then to enhance construction productivity by integrating delay mitigation and/or acceleration measures to ensure a timely project completion and within budget.
Site Based on-shore Project & Commercial Manager, Alstom Power Systems, Riyadh KSA 01/2013 to 12/2014
Accountability of three site based project teams for the construction supervision services of Environmental Control Systems in Saudi Arabia in compliance with the Contracts in place. ; Provided the leadership of the teams to ensure timely delivery, mitigating delays and quality risks, while maximising on opportunities and securing prompt payments as per the Contractual provisions.
Full P&L responsibility for the on-time execution of the onshore part of the projects within budget.
Managed strict adherence to Health, Safety, Quality and Environmental standards across the projects.
Projects included:
Yanbu, Marafiq Water & Power, Plant 1 – Installation of Seawater Flue Gas Desulphurisation systems on new power generation Units 5 & 6.
Yanbu, Marafiq Water & Power, Plant 2 – Installation of Seawater Flue Gas Desulphurisation systems on new power generation Units 1, 2 & 3.
SADARA Integrated Petrochemical project, JV of Saudi Aramco & DOW Chemical, in Jubail.
Country Commercial Representative for Greece, Alstom Power Italia S.p.A., Athens, Greece 09/2006 to 12/2012
Managed all commercial and contractual matters with the client, including communications, for the “Flue Gas Desulphurization for Unit III of the Megalopolis Power Station” Project in Megalopolis, Greece with a contract value at 82M Euro; lead commercial and contractual efforts, including negotiations for contractual settlements, financial adjustment, compensation and follow-up, cash flow monitoring and forecast, in line with contractual provisions and the effective legislation in place.
Successfully monitored all construction progress from conception to completion to handover to the client.
Evaluated performance of sub-contractors and sub-suppliers which included settlement of all technical scope and financial matters.
Allocated manpower and equipment resources to maximize efficiency to ensure Project Schedule’s deadlines.
Additional Experience
MEP Manager SETE Technical Services, Athens, Greece (Member of the Latsis Group)
Manager of MEP Design Development Archirodon Group N.V – Saudi Archirodon Ltd., Jeddah, KSA
Construction Manager, QA, Operations, Customer Service Manager Lannet Communications, Athens, Greece
Project Engineer for MEP Bank of Greece
Education
Master of Science, Mechanical Engineering California State University, Long Beach, CA-USA
Emphasis in Dynamics & Controls – 3.85/4.00 – Awarded Outstanding Graduate Distinction
Thesis: Manual & Automatic tuning of proportional –plus-integral-plus-derivative regulators (Outstanding Thesis Award)
http://coast.library.csulb.edu/search/a?SEARCH=EXACOUSTOS&sortdropdown=-&searchscope=7
Bachelor of Science, Mechanical Engineering California State University, Long Beach, CA-USA
Professional Development & Associations
Registered Consultant Engineer, Saudi Council of Engineers, 2014
Alstom Advanced EHS Training, 2013
Alstom Advanced Contract Management Training, 2011
Alstom Basic Contract Administration Training, 2010
PMP Certification PMI, Athens Greece, 2009 – update in process
Technical Chamber of Greece – Association of Professional Engineers, 1994– License No. 67743
Member, Hellenic Association of Licensed Electrical & Mechanical Engineers, 1994
Technology Proficiencies
Microsoft Office (Word, Excel, PowerPoint, Outlook), Project Planning, CAD Applications, FORTRAN, Basic, Digital Analysis of Dynamic Systems (DADS), Computervision CAD/CAM, NASTRAN, STRUDL, ACSL
Highlighted Projects
Dates
Position
Project Title
Project Scope
Budget
01/2016-Present
Contract Director
Jabal Omar Project
Construction Luxury Hotels
15 B Sar
01/2015-12/2015
Contract Manager
Power Plant 12, Riyadh, KSA
Construction New Power Plant
12 (CCPP)
4.35 B Sar
01/2013-12/2014
Contract Manager
SADARA Petrochemical Project, Jubail, KSA
Installation Integrated FG Systems on 6 x 80MW boilers
48M USD
01/2013-12/2014
Site Based Project & Contract Manager
Marafiq I – 2x270 MW Expansion, Yanbu, KSA
FGD Systems -Two New Units
63M USD
01/2013-12/2014
Site based Project & Contract Manager
Marafiq II –3 x 270 MW, Yanbu, KSA
FGD Systems - Three New Units
94M USD
09/2006-12/2012
Commercial Rep.
Local PM
Megalopolis III –Flue Gas Desulphurization, Greece
FGD Retrofit Lignite-fired PP, 330MW (EPC turn-key)
82M €
12/2005-09/2006
Senior MEP Manager
Mixed Use Development, Marrakech, Morocco
Full Master Plan Development & Construction Scope
560M USD
12/2004-11/2005
Engineering Manager
FG Desulphurization
Jeddah IV PP, KSA
ESP & FGD Retrofit
5 x 250MW oil fired units
92M €
02/2004-12/2004
Handover Manager (O&M manuals & PAC procedures)
Shoaiba Steam PP, Phase 1 (5X400MW), KSA
Plant Civil Works & Buildings
250M €
02/2002-12/2003
Project Manager
Athens Tram, Greece
Communication Backbone Infrastructure
23M €
02/2003-12/2003
Project Manager
National Spectrum Management, Greece
Design, Construction
All Civil & MEP Works
15M €
02/1999-07/1999
Project Manager
New PBX’s for the three major Bank building sites
New PBX’s
60M €