What is Quantity Surveying in Construction Projects?
In this brief review, we will explain the concept of quantity surveying in construction projects and highlight its positive aspects. Whether you are a beginner in the field or seeking a deeper understanding, this article aims to provide you with a clear and easy-to-understand overview.
- Definition of Quantity Surveying:
- Quantity surveying is a specialized discipline within the construction industry that involves the management and control of costs throughout all stages of a construction project.
- It encompasses various tasks such as estimating project costs, preparing bills of quantities, conducting cost analysis, and providing financial advice to stakeholders.
- Key Benefits of Quantity Surveying in Construction Projects:
- Accurate Cost Estimation: Quantity surveyors possess expertise in accurately estimating project costs, ensuring budgetary control and preventing cost overruns.
- Value Engineering: They actively seek opportunities to optimize project costs without compromising on quality, thus adding value to the construction process.
- Procurement Management: Quantity surveyors play a crucial role in selecting suppliers and contractors, negotiating contracts, and managing the procurement process effectively.
- Cost Control and Monitoring: Through regular monitoring and analysis, quantity surveyors help control costs during construction, making adjustments as necessary.
- Risk Assessment and Management: They identify
What does a Quantity Surveyor do? Advising on the potential of a site and working out what a client can afford to build, often termed 'feasibility'. Presenting detailed information on the cost of particular elements of work on a periodic basis to enable payment for those works carried out to date.
How does quantity surveying work?
A registered quantity surveyor is responsible for estimating and monitoring construction costs for all classes of building and types of construction. Quantity surveyors read and interpret construction documentation (architectural and engineering plans, drawings and specifications).
Is quantity surveying the same as estimating?
Quantity Surveyors tend to have more responsibilities and a broader role than an Estimator. Quantity Surveyors will manage all aspects of cost for construction projects, while Estimators are specialists in creating cost estimates for specific parts of a project.
What is a project in quantity surveying?
Traditionally Quantity Surveying is concerned with contracts and costs on construction projects and quantity surveyors control construction costs by accurate measurement of the work required.
What is the difference between a project manager and a QS?
While Quantity Surveyors primarily focus on a project's financial and contractual aspects, Project Managers bring everything together and ensure that the project is following the planned path.
What is the role of quantity surveyor in construction?
Quantity surveyors estimate and manage the costs of materials and labour on large building projects. Quantity surveyors (also known as 'cost consultants', 'commercial managers', 'cost managers' and 'cost engineers' manage costs on construction projects.