Quantity Surveyor
Skills
About This Role
1. **Cost Estimation & Budgeting:**
- Prepare detailed cost estimates based on initial designs or project specifications.
- Prepare and manage project budgets and forecasts.
- Conduct cost-benefit analysis for construction methods, materials, and equipment.
- 1. **Contract Management:**
- Advise on procurement strategies, including tendering and selection of contractors.
- Draft and review contracts, ensuring the terms and conditions are favourable to the client.
- Administer contracts throughout the project lifecycle and resolve disputes or changes in scope.
1. **Cost Control & Reporting:**
- Monitor project expenditures and ensure the project stays within budget.
- Regularly update cost reports and present findings to senior stakeholders.
- Conduct cost audits and value engineering to optimize cost-efficiency.
1. **Tendering & Negotiations:**
- Assist in the preparation of tender documentation.
- Review and analyze contractor and supplier bids, providing recommendations.
- Negotiate prices, payment schedules, and terms with contractors and suppliers.
- 1. **Risk Management:**
- Identify potential financial risks and develop strategies to mitigate them.
- Evaluate and report on project risks related to time and cost.
1. **Measurement & Valuation:**
- Measure and quantify materials, labor, and other resources required for the project.
- Certify the work completed by contractors and verify final accounts.
- 1. **Project Administration:**
- Monitor and manage changes in scope, ensuring all changes are accounted for financially.
- Maintain accurate records and documentation of all financial transactions, project costs, and change orders.
- 1. **Compliance and Standards:**
- Ensure compliance with all relevant laws, regulations, and industry standards.
- Ensure that construction work complies with building codes, safety standards, and sustainability guidelines.
Skills & Qualifications
- **Educational Background:**
- A degree in Quantity Surveying, Construction Management, Civil Engineering, or a related field.
- **Certifications:**
- Professional certifications, such as MRICS (Member of the Royal Institution of Chartered Surveyors), can be highly beneficial.
- **Technical Skills:**
- Proficiency in software such as MS Excel, CostX, or other cost management tools.
- **Analytical Skills:**
- Strong ability to analyze project costs, budgets, and financial data.
- **Negotiation Skills:**
- Ability to negotiate terms with suppliers and contractors effectively.
- **Communication Skills:**
- Excellent communication skills, both verbal and written, for client and contractor interactions.
- **Attention to Detail:**
- High level of accuracy in measuring and assessing costs and resources.
- **Problem-Solving Skills:**
- Ability to foresee potential issues and provide cost-effective solutions.
Work Environment
Quantity Surveyors can work for construction firms, property developers, government agencies, or as independent consultants.
They may be based on-site during the construction phase or in an office during the planning and administration phases.
They often work closely with project managers, architects, engineers, and contractors to ensure the financial success of construction projects.
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