All you need to know about a Quantity Surveyor(QS)

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If you are thinking of becoming a Quantity Surveyor it is advisable to start by understanding who a Quantity Surveyor is.

The work and services provided by Quantity Surveyor in the construction industry can be defined as someone who performs the financial management of a construction project, whether done on behalf of a client or a contractor.

So,Who is a Quantity Surveyor?

A Quantity Surveyor is an Engineering Professional who has an expert knowledge on construction costs and contracts.

Types of Quantity Surveyor:-

There are various types or areas where Quantity Surveyors(QS) can work within the construction industry and these include:

  • The public sector
  • Private Professional practice, PQS
  • Contractor or subcontractor,
  • Engineer,
  • Legal or financial institution.

Services provided by a Quantity Surveyor:-

quantity surveyor

Private Quantity Surveyors ,who work on the client side performs the following tasks: –

  • Preliminary cost advice and feasibility studies
  • Budget rate
  • Cost planning including financial audits
  • Procurement Advice
  • Contract advice
  • Adjustment of tender and contract documents eg bills of Quantities, schedules of rates etc.
  • Tender evaluation
  • Tender reports and recommendations
  • Cost control
  • Looking for variations during the progress of work
  • Continued Work evaluation
  • Payment recommendation
  • Negotiation and finalization of final accounts

Quantitative Surveying Services that can be provided to construction contractors include: –

  • Estimating / Tendering
  • Bill Of Quantities(BOQ) preparations
  • Preparation and submission of tenders
  • Negotiating tenders
  • Interim Valuations and payment agreements
  • Evaluation and variability of consistency
  • Cost management and reporting during the construction phase
  • Negotiation and finalization of final accounts

Quantity Surveying as a career option:-

A career as a Quantity Surveyor in a Construction Industry can be very challenging and demanding but the rewards are very significant. There are many benefits to being a QS within the construction industry.

The benefits of being a Quantity Surveyor includes:

  • Participation in construction projects to make a huge difference in the construction industry and the environment.
  • As a much-needed specialist, you can choose which field you would like to work in – the public sector, private PQS, contractor or subcontractor, engineer, legal or financial institution.
  • Involvement in a variety of civil engineering projects ranging from major engineering to general hotel construction retails, commercial, residential, hospital, and educational spaces to factories and industries.
  • Enjoying a job that is not ‘just based in the office’.
  • The annual salary is excellent with the company’s car, cell phone, expenses and good bonuses offered by many employers.
  • Working with other professionals such as designers, architects, and engineers to complete the project successfully on time.
  • Progress as a Chartered Quantity Surveyor with additional benefits including higher pay, higher success in getting a job, and starting your own quantity surveyor business.

Now that you have gathered the necessary information about what a QS actually does, the various types of Quantity Surveying career options, and the benefits of being a QS, you should be in the best position to decide if this is a career option for you or not.

Quantity Surveying Courses:

After deciding whether Quantity Surveying is the right option and career path for you, the next step would be to:

Obtain a Graduate degree in Civil Engineering from any reputed Engineering Colleges

After completing your undergraduate course, you may even enroll yourself for further studies in Quantity Surveying and Estimation to obtain additional qualifications.

Importance of Quantity Surveyors in Construction Industry:

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In the multi-billion-dollar construction business, the role of the Quantity Surveyors has never been so great. These men and women are involved in all stages of construction, right from tendering to Cost Control to hiring subcontractors. They are in great demand around the world and their needs continue to grow.

The roles of quantity auditors can vary greatly depending on the organization. When applying for these jobs one needs to understand the roles they can be asked to perform. In the world of quantity surveying, you will be asked not only to be the “jack of all the trades” but also to be” the master of all of them” as well.

One day you may be assigned with finding out the project’s “tax loopholes” and then later on the same day, you may have to look at integration and security planning. To prepare for this type of work environment you will need to be knowledgeable in the field of construction, trained, and versatile.

A certified QS professional can expect a lucrative salary package with additional benefits, such as tax-free payments, good health care, and holiday packages. You can expect to travel greatly in your new role as this is a must for any QS.

This is an exciting career option for both experienced as well as freshers alike,

So ask yourself, could this be your job ??

Key Skills and Knowledge for the Next Generation Quantity Surveyors:

 By 2021, many industries are in the midst of a transformative change. While old-fashioned construction is seen as a slow pace in the digital revolution, new tools and techniques move the needle to address pain areas and improve project outcomes.

The role of quantity surveyor continues to emerge amidst these changes. Modern QS often has more responsibilities and a more prominent role in project teams than ever before. Those who prepare for a career in the field must develop more skills and should be willing to expand their skills in line with industry development.

Here we have incorporated a few tips, to explore the quantity surveying skills and considerations, for those who wish to pursue a future in the QS field.

Learning Basic Skills:-

Quantitative Surveying is a demanding and varied profession that requires a solid set of basic skills and accredited higher educational qualifications.

As a starting point, Quantity Surveyors should have advanced financial and accounting skills, problem-solving ability, critical thinking, excellent written and spoken communication, effective time management, and much more. Nowadays, IT skills and the ability to learn new software quickly are also important.

The ability to interpret and analyze data will likely be a major skill for future QS professionals. Quantity Surveyors traditionally have the ability to collect their own data, but now, we see large consulting institutions using historical project data for their own benefit. For large projects, the accumulated data can be used to make solid predictions that lead to reduced construction time, reduced costs, and improved construction quality.

Prospective researchers should focus on researching the current use of data statistics on major projects, as it is likely that these policies will play a significant role in the future of our sector.

Addressing of the Challenge of Cooperation with the Project Team:-

Compressed project schedules and long-distance working conditions mean that quantity surveyors are more likely to work together in teams on projects. The common nature of Building Information Modelling( BIM) data makes this possible, with many international researchers being able to handle different measurement tasks simultaneously within the same model.

In this setting, it is important that Quantity Surveyors work as effectively as possible with colleagues and project teams. BIM best practice guidelines for various regions of the world are available online, and this can be a great reference point for trainee surveyors who want to understand their responsibilities for future BIM projects.

Traditional Quantity Surveyor Learning Methods :-

While traditional measurement techniques that have been the basis of quantitative research are less common, it is important that these basic skills continue to be promoted.

Paper plans, scale rulers, and highlighters still have their place in the modern QS worktable. Manual evaluation is required at the initial stage of project planning when establishing feasibility studies, or alternatively to ensure results in different areas of the process.

It is important that these methods do not become a lost art, as they can be useful in today’s software, provide the much-needed context in digital measurement processes, and can be helpful when working with experienced international surveyors. Universities still teach hand measurement as part of QS training, and successful professionals will continue to develop their skills once they are out of work.

Maintaining Standards of Work Ethics and Professionalism:-

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Self Conduct in accordance with strict ethical principles is important for a Quantity Surveyor, given the wide range of stakeholders involved and the responsibility to the society. In an industry that strives to grow productivity and unlock its potential, it is very important that everyone involved in the project draws in the same way.

The Royal Institution of Chartered Surveyors (RICS) sets out five ethical standards for RICS experts, namely:

  • 1. Act with integrity.
  • 2. Always provide the highest level of service.
  • 3. Act in a manner that promotes honesty and trust in the profession.
  • 4. Treat others with respect.
  • 5. Take responsibility.

As Quantity Surveyors become more involved in project management systems, the importance of these standards may increase in the years to come.

Conclusion:-

In a nutshell, Quantity Surveyors are qualified engineering professionals who manage all costs associated with building and civil engineering works. Quantity Surveying is a good career option for those with good mathematical skills, a flair to travel and explore,meet extra-ordinary people, and endless opportunities at your fingertips