Quantity Surveying in Tower Hamlets

.Typically, quantity surveying involves the calculating and management of the costs relating to projects, starting with assisting with the initial estimates to finalizing the overall requirements of the budget. Quantity surveyors normally work in land management, property as well as construction industries. Generally, quantity surveyors are usually engaged at the start of a project, consulted and brought in to take a look at a planned construction’s feasibility or repair needs, they then subsequently supervise the remaining activities during the capital expenditure phases of the project development. In other words, they’re often involved on the site up until the completion of the construction project helping to monitor both the forecasted and actual expenses while also being required to quickly determine the best line of action to take to deal with problems  as well as changes in specifications with updated costings and feasibility reviews.

As a quantity surveyor, you’ll be required to perform a series of roles on a daily basis. This may involved having to work in an office in one day and the next, you’d probably find yourself on a construction site meeting with clients or consulting with a construction personnel. Each project is unique as there’s always a great deal of variety which can be not the most pleasant activity especially for someone who doesn’t like routine works. On a daily basis, quantity surveying normally involves preparing tender and contract documents, carrying out analysis, monitoring costs variation and preparing reports, determining the client’s requirements and taking on feasibility studies, distributing work to sub contractors as well as making the necessary payments. Apart from all the aforementioned, site visits also represents a big part of quantity surveying as you’re required to make assessments on the financial projections for the future activities.

If you wish to work as a quantity surveyor or perhaps you’re just looking to hire one, then one of the first things that comes to mind is the qualifications to look out for. To work as a quantity surveyor, you’ll normally require a degree in quantity surveying or commercial management which is accredited by the RICS (Royal Institution of Chartered Surveyors). However, in the event whereby your degree as an undergraduate happens to be in a different subject, there’s still a chance for you to become a qualified quantity surveyor. To achieve this, all you need do is to take a Royal Institution of Chartered Surveyors accredited post graduate conversion course. Degrees that this applies to includes the following: Economics, building or construction, geography, civil or structural engineering, mathematics, project management ( construction) as well as urban and land studies.

Typically, the post graduate course will take about a year to complete ( on a full time basis), whereas it takes about 2 years on a part time basis. What’s more? There are some employers that will recruit some graduates as “non-cognates ( meaning those with a non RICS accredited degrees ) and support them financially through the accredited post graduate course. Furthermore, you can as well take a RICS accredited degree apprenticeship whether undergraduate, PGDip or Masters, in quantity surveying as well as project management that combines work with part time study at a university.

However, if you’re without a degree, there’s still an option. Simply start work as a technical surveyor ( also referred to as surveying technician ) and then apply for a part time study while working to qualify as a quantity surveyor.

Primarily, quantity surveying is all about the calculation and management of the project related costs, which usually commences with helping with the initial estimates right down to assisting with the finalizing of the overall requirements of the budget. The work is done both on the site as well as in the office with the main goal of minimizing expenses and also to keep them within the set limits of a budget. On a day to day basis, a quantity surveyor is expected to undertake a number of activities which includes preparing tender and contract documents, carrying out analysis, monitoring costs variation and preparing reports, determining the client’s requirements and taking on feasibility studies, distributing work to sub contractors as well as making the necessary payments.

From the start of a building project, quantity surveyors are charged with carefully monitoring all unexpected changes which can lead to fluctuation in costs. Over the course of the project, however, they’re expected to tackle crucial tasks such as outcome analysis, work evaluation as well as progress reports. What’s more? It’s also very common for surveyors to carry on extra responsibilities which includes allocation works to subcontractors, ordering of construction materials as well as seeing to the arrangement of payments. Generally, the list of what they can handle can be limitless, it all depends on the project as well as the employer.

It’s highly likely to believe that quantity surveyors are only involved in large construction projects, but this is actually not the case. Apart from working with local authorities, commercial businesses, consultancies as well as property developers, quantity surveyors also offer their services to small both residential clients and small business owners. They’re very flexible and can capitalize on many different services like providing an initial maintenance schedule for Strata managers and many more.

Generally, you wouldn’t need to get in touch with a quantity surveyor prior to purchasing a property, unless of course your property is a very unique and unusual one. After making a commitment to buying a property or to kick start a construction project, then you might want to start taking into consideration getting in touch with a quantity surveyor. The best time for a quantity surveyor to carry out an inspection of the property is right after settlement and just before the tenants moving in. This is to ensure that the quantity surveyors do not disturb the tenant and they also get to fully go through what you’ve purchased as well as the condition it’s in.

Quantity surveyors will help you by working with architects, accountants, engineers, building owners, builders, developers, financiers, government, insurance underwriters, loss adjusters, sub contractors as well as solicitors. What’s more? The in depth knowledge quantity surveyors possesses when it comes to construction costs enables them to carry out a number of useful tasks to help you.

Prior to construction, quantity surveyors can prepare a feasibility study, estimate to defined the project budgets, carry out an analysis to refine the budget as the design documents develop, prepare Bill of Quantities so as to help with the tender process and also to carry out a review of Builder’s tender submissions. While the construction is ongoing, they can help provide cost control services, carry out an assessment of the builder’s progress claims and also undertake an assessment of variation and delay claims. Finally, after the construction, they can assist with the determination of the final project cost, prepare the tax depreciation reports for both investors as well as property owners and also prepare Expert Witness reports to assist in the settlement of building disputes.