Submitted by: Chie Suarez
Unlike Engineering, Architecture and other courses and professions, there are only a few students signing up to study the other branches of Construction Economics particularly on quantity surveying. One of the reasons why is possibly their lack of knowledge regarding the industry and professions.
If you’re planning on joining the construction industry, you might want to consider being a quantity surveyor on your list as one of your options.
What does a surveyor do?
Quantity surveyors are responsible for concluding the costs of any building and property projects. They’re around to look upon the initial estimates up to the final assessment of materials. In simple words, surveyors are essentially valuers of construction costs.
See the differences between these three construction surveyor roles in the industry to get a better grasp of how different quantity surveyors are:
Property surveyor. The people responsible for determining the value of your property; how much it is worth to sell. They also make a number of acquisitions including the overall condition of your property, estimated cost of rebuilding or reconstructions and the likes.
Land surveyor. The people responsible for determining your property’s boundary lines and prepares your site for construction to avert and legal mishaps. They measure where your property shall be built through mapmaking and engineering.
Quantity surveyor. The people responsible for determining the estimation of the general construction cost of your property. They give only a rough estimation because we all know that anything can go wrong during construction which could require further expenses.
What weighs more to employers than having a relevant and outstanding academic experience are excellent communication skills as well as numeracy skills. Since as a quantity surveyor, you’ll handle a handful of financial and mathematical projects as demands of the role.
Aside from that, you should also be a critical thinker and has a quick approach in problem solving since you’re in the industry where frequent and unexpected challenges come your way.
Evidently, knowledge and passion in the field and industry is a must; bonus points if you have a wider grasp beyond your field. Like any other careers, work experience is greatly valued.
Quantity surveyors also deal with contractual and legal matters. They conduct feasibility studies to estimate the time, materials and labor costs. And of course, they value the completed work, assess the property and make arrangement for the payments.
According to Careers in Construction, some of the daily tasks of a quantity surveyor are as follows:
- Contract preparations including the details vis-à-vis quantity of needed materials
- Maintenance and repair work cost analysis
- Dissemination of work to contractors
- Work or site analysis
- Arranging payment to contractors
- Site visits and assessment
Quantity surveying has a complex field; these surveyors has broad knowledge not just within their field but beyond it. To give you an idea, here are some among the many services offered by a quantity surveyor:
- Risk management
- Value engineering
- Commercial management, cost planning and contract administration
- Property acquisition
- Procurement advice and assistance
Quantity surveyors are the financial geniuses of the construction industry. They are the ones who control and keep the project budget in check constantly. Beyond their profession, they are also knowledgeable of building materials, building legislation, structure and design, property depreciaotin, depreciation schedules and many works. Needless to say, these people are highly organized and arguably good negotiators.
Should you have any questions, don’t hesitate to leave a comment down below!
About Chie Suarez
Chie is a daytime writer for Depreciator – Tax Depreciation Schedule, a company dedicated completely to Tax Depreciation Schedules that aids the Australian property market.
May 17, 2016