Quantity Surveyor

Surveyor ANZSCO 233213

A quantity surveyor (also known as Building Economist/Construction Economist) is responsible for estimating and monitoring construction costs throughout the various stages of a project, starting from feasibility assessment to tender preparation, construction, and even post-construction. They play a crucial role in cost management and control. Registration or licensing may be required for individuals practicing as quantity surveyors.

Skill Level: 1

Your key responsibilities can include:

• Cost Estimation: Estimating the costs associated with construction projects. Analyses project specifications, drawings, and other relevant information to quantify and price various components, including Labor, materials, equipment, and subcontractor services. Use industry knowledge, historical data, and cost databases to ensure accurate cost estimation.
• Budget Preparation: Collaborating with project stakeholders to develop and prepare budgets for construction projects. Assesses the estimated costs and aligns them with the client’s budget constraints. Create cost breakdown structures, allocate funds to different project elements, and provide budget reports for effective financial management.
• Tender Preparation and Evaluation: Assisting in the preparation and evaluation of tender documents. Prepares and issues bills of quantities, tenders, and contract documents. Analyse and evaluate tender submissions, comparing prices, assessing compliance with project requirements, and making recommendations for the selection of contractors and suppliers.
• Cost Management and Control: Monitoring and controlling costs throughout the project lifecycle. Tracks actual project costs against the budget, identifies cost variations, and prepares cost reports. Analyse cost data, identify cost-saving opportunities, and provide advice on cost-effective measures to maintain project profitability.
• Value Engineering: Applying value engineering techniques to optimize project costs without compromising quality or functionality. Identifies alternative materials, construction methods, or design solutions that can reduce costs while meeting project objectives. Assess the cost-benefit of various options and present recommendations to project stakeholders.
• Contract Administration: Assisting with contract administration and financial management during construction projects. Helps prepare and assess payment certificates, evaluates variations and claims, and monitors financial performance against contract terms. Collaborate with project teams and legal experts to ensure contractual compliance and resolve financial disputes.
• Post-construction Analysis: Conducting post-construction analysis and assessment of project costs. Reviews actual project costs, compares them with the estimated costs, and identifies lessons learned for future projects. Provide valuable data and insights for improving cost estimation accuracy and project cost control.

Quantity surveyor plays a critical role in estimating and monitoring construction costs, preparing budgets, managing cost variations, and providing cost control throughout the project lifecycle. Your expertise in cost management helps ensure that construction projects are financially viable, within budget, and meet the client’s requirements.