Quantity Surveyors estimate and monitor construction
costs from the project feasibility stage, through tender preparation, to the
construction period and beyond. Quantity surveyors assess the cost of
materials and labour for all types of construction projects, administer
construction contracts and manage costs.
They
must understand all aspects of construction from the design stage through to
the completed project and may contribute in settling financial or
contractual disputes.
They may work on projects for all levels and types of construction. Projects
may range from office blocks, schools, hospitals and factories to bridges,
railways, oil and mining development, shipbuilding and large process
engineering works such as oil refineries.
Areas of work include the private sector for consulting firms, the public
sector for state or federal government departments, or with property
development companies, building contractors and project financiers.
meet with clients, contractors and vendors to gather information for
estimates
use blueprints, plans, design specifications and other relevant
documents as source information
ask for quotes from other contractors or vendors
confer with engineers, architects, owners, contractors and
subcontractors on changes and adjustments to cost estimates
prepare estimation documents for use in the planning and scheduling
of work - a 'Bill of Quantities', which lists the
individual components required to construct a project
work with sales teams to prepare bids for work
manage and audit costs during ongoing contracts
recommend ways to reduce costs.
study
architectural and engineering drawings and specifications to estimate
total costs, and prepare detailed cost plans and estimates as tools to
assist in budgetary control
monitor changes to designs, assess effects
on cost, and measure, value and negotiate variations to designs.
prepare monthly cash-flow forecasts for clients and tax depreciation
schedules
perform feasibility studies to assist with decisions about the worth
of a project proceeding
serve as a consultant to business and government
Working conditions
As a quantity surveyor you would usually work a standard
numbers of hours per week, with necessary overtime to meet deadlines.You would be based in an office but spend time undertaking site
visits and meeting with construction and project managers, vendors or
subcontractors.
Quantity surveyors usually work with other professionals
such as architects, engineers, contractors, suppliers and accountants.
Tools and technologies
Quantity surveyors cross-check designs against planned expenses and monitor
the progress of the project. They use techniques such as cost planning,
estimating and value management to work out a project budget. They use a
range of specialist project management and financial software programs to
keep track of all costs and contracts.
What sort of opportunities would a Quantity
Surveyor have in this situation?
Education and training/entrance requirements
You usually need a bachelor degree in building surveying, construction
management or another related field to work as a Quantity Surveyor. In some
states, training may also be available through Vocational Education and
Training (VET).
Roles for cost estimators in other industries will usually require a
bachelor’s degree in engineering, physical sciences, mathematics, or
statistics. It may be possible to find a role with a background in
business-related disciplines, such as accounting, finance, and economics.
To get into degree courses you usually need to gain your senior secondary
school certificate or equivalent. English and mathematics would be
appropriate subjects to study prior to university.
Graduates may be eligible for membership of the Australian
Institute of Quantity Surveyors or for probationary membership of the Royal
Institution of Chartered Surveyors. Student membership is also available.
Qualifications are recognised worldwide.
Employment Opportunities
Employment of quantity surveyors is projected to grow much faster than the
average for all occupations.Demand for quantity
surveyors and other cost estimators is expected to be strong because
companies need accurate cost projections to ensure that their products and
services are profitable. Growth in the construction industry will create the
majority of new jobs.
Quantity surveyors work with architects, building
contractors, developers, engineers and project managers. They can work as
individual consultants or as part of a small or medium-sized firm. Some work
as academics in universities. Some may find employment in government
agencies. Those in the building industry usually work on larger-scale
projects such as office complexes, high-density residential projects,
hotels, factories and hospitals. Job prospects can fluctuate depending on
the level of building activity.
With experience, progress to managerial positions in the construction
industry is possible.