Quantity Surveyor Roles & Responsibilities
Quantity surveying is a crucial aspect of the construction industry, responsible for managing and controlling the costs and contracts involved in a project. A quantity surveyor is a professional with expert knowledge in cost estimation, planning, and controlling in construction projects. The importance of accurate cost estimation and planning cannot be overstated, as poor management can result in significant cost overruns and delays in completion.
In addition to managing costs, quantity surveyors play a critical role in risk management by identifying potential risks in a project and taking the necessary precautions to mitigate them. They also forecast the costs of different resources required for the project and prepare tender documents, contracts, budgets, and other documentation.
To become a professional quantity surveyor, one must obtain qualifications from recognized bodies such as the Royal Institute of Chartered Surveyors (RICS) or the Australian Institute of Quantity Surveyors (AIQS). Certified quantity surveyors are highly sought after and have a range of roles in the construction industry.
Major roles of a Quantity Surveyor
- Assist in establishing clients requirements and undertake feasibility studies to ensure their proposals will work.
- Prepare and analyse the cost of tender.
- Analysing terms and conditions of the contract.
- Predicting potential risks in the project and taking precautions to mitigate such.
- Forecasting the costs of different resources needed for the project.
- Prepare tender documents, contracts, budgets and other documentation.
- Tender management including preparation of bills of quantities, contract conditions and assembly of tender documents.
- Contract management and contractual advice.
- Valuation of construction work.
- Claims and Dispute management.
- Life Cycle Cost analysis.
- Value Engineering.
- Timely payment to subcontractors, vendors, suppliers etc.
In conclusion, quantity surveyors play a vital role in the construction industry, ensuring that projects are executed within the estimated budget, and completed on time. With their expert knowledge in cost management and risk mitigation, they are instrumental in reducing costs, ensuring compliance with contracts, and ultimately contributing to the success of construction projects.