
Quantity Surveying
Quantity surveyors oversee the project costs, from the first estimated calculations to the final figures. We will highlight what quantity surveyors bring to a project and how their set of skills and duties can make a difference during a construction project.
What Is Quantity Surveying?
Quantity surveyors oversee all the expenses of building and civil engineering projects.
A quantity surveyor is primarily accountable for cost analysis, budget control, and contract management.
Our expert quantity surveyors will analyse possible risks and compliance to minimise the chances of monetary loss in a project. They play a crucial position in the construction sector, and they greatly influence the success of projects.
By effectively managing these areas, quantity surveyors deliver project timelines that are met whilst staying within the budget without degrading the project's criteria. Their expertise and attention to detail allow building products to be successfully delivered
Benefits of Quantity Surveying
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Cost Estimation & Budget Management
Our quantity surveyors manage all of the expenses and budgets of your project:
• Calculating prices of materials, tools and labour
• Preparing detailed budgets and cost plans
• Confirms projects are financially achievable
• Assess the financial outcomes to provide forecasts to clients
• Monitor costs throughout projects
• Keeping costs within budget
• Regular finance reports
• Implementing expenditure control measures to stop budget overruns. -
Contract Administration & Procurement
Contract admin and procurement will be professionally taken care of as well as the following duties:
• Preparing tender documents (materials, labour and services)
• Using tender documents to invite contractors to bid on projects
• Evaluate these bids to find the best suited contractor for the project
• Negotiate contracts through the procurement process
• Ensuring all parties agree to the terms
• Oversee the payment processes
• Value the completed work and authorise the payments to subcontractors and suppliers -
Risk Management & Compliance
• Identify risks that could impact financial performance of the project
• Including price changes in materials or unexpected site conditions
• Develop strategies to mitigate risks helping to stay in budget even when issues arise
• Compliance with legal and regulatory requirements
• Making sure projects adhere to relevant building codes, health and safety regulations and environmental standards
• Regular site inspections, identifying and addressing issues as needed -
Value Engineering & Cost Optimisation
• Balances cost and quality to optimise the value of the project
• Analyse specifications to identify areas of cost reduction without compromising quality
• Maximise the return on investment for clients
• Ensures the project delivers the best value for money
• Ensures the clients objectives are met whilst remaining high quality