As a construction specialist, you’re certainly familiar with the concept of “quantity surveying.” But what does it entail? In relation to a building project, the term refers to the cost assignment process, from start to finish. Instead of focusing on one property, a “quantity surveyor” will calculate the value of multiple properties in order to determine their value. And with so many considerations that go into determining property value, the entire process holds a wealth of uncertainty.
What Does a Building Quantity Surveyor Do?
In order to get a construction project completed on time, it is essential for a contractor to comprehend the scope of the project being conducted and know how much money will be required. This information is obtained from the quantity surveyor and the cost plan. The cost plan is a document that describes the various components of the project in detail, together with how much time each will take.
As a project manager or construction coordinator, you may not be familiar with the term quantity surveyor. Essentially, the job of a quantity surveyor is to determine and calculate the total cost of a construction or renovation project, and ensure that it is paid to the contractor by the owner. The quantity surveyor must ensure that the contractor has been paid for all the work that’s been completed, and that they’ve received the correct amount of money for such work. This is a critical duty for a quantity surveyor generally in the know.
The Advantages of Hiring a Quantity Surveyor are:
Cost Saving Advantage
A quantity surveyor, also known as a cost surveyor, cost engineer, or cost estimator, is a member of a building and construction team tasked with calculating the commercial value of a construction project. This includes calculating the amount of direct and indirect expenses of a project’s supplies and components. A quantity surveyor may also apply the estimation method to the valuation of a portfolio of properties for a bank or other business. The value of the portfolio, which is typically based on expected rental income, is calculated in this manner.
Safety for Construction Workers
Safety is necessary in any industry, but in the construction industry it’s imperative. Not only are construction workers concerned with their own health and safety, but they must also fret about the safety of the people that will be utilising the structure once it is finished. There are a lot of major dangers for construction workers, such as falls, electrocution, being caught in machinery, and being hit by objects.
Emergency managers are tasked with planning for and responding to emergencies, in addition to recovering from them. As a skilled emergency manager, it’s important to understand how natural disasters affect various communities, and the best way to work within an organisation within those circumstances.
Hiring a building quantity surveyor helps you avoid a range of common problems in your building project. You can avoid any issues with the contracts, you can avoid any potential disputes or lawsuits with your builder, you can avoid any issues with the building consent, and you can avoid any potential issues with the building inspector.