Embark on a rewarding career in quantity surveying, where your ability to estimate costs and manage resources will be highly valued in the construction industry. Gain expertise in quantity surveying and estimation with our comprehensive QS and Estimation course. This program is designed to equip you with the skills and knowledge needed to accurately estimate project costs, analyze construction plans, and effectively manage resources.
QUANTITY SURVEYING
Quantity Surveying (QS) professionals working in the construction sector mainly deals with construction costs and contracts . Quantity Surveyors are the ones who estimate quantities of construction material, manage cost of the project, does procurement and decide on construction contracts and related documentation. Initially they prepare a basic budget based on their client’s requirements, and later a detailed estimate is prepared by incorporating all the client reviews & suggestions to ensure that the project stays within the budget in all phases of construction. Quantity surveyors play a key role in overseeing the financial management of construction projects. They ensure that the project stays on schedule and within the allocated budget thereby minimizing the resource use. A quantity surveyor requires analytical, communication and project management skills. Quantity Surveyors handle procurement processes by sourcing and selecting appropriate contractors, suppliers, and service providers, ensuring quality and cost efficiency and they prepare, negotiate, and manage contracts throughout the project lifecycle, ensuring that all parties agree on the terms and conditions. QS professionals continuously monitor project expenses, track variations, and implement corrective actions to prevent cost over runs. They identify potential risks that may impact project costs or timelines and develop mitigation strategies to minimize these effects. Quantity Surveyors analyze tenders and bids from contractors, comparing them to the project budget and requirements to recommend the best option. They manage change orders by evaluating the financial impact of project modifications and negotiating adjustments with clients and contractors. QS professionals conduct periodic project valuations to assess the work completed and determine the appropriate payments for contractors and play a crucial role in resolving disputes related to costs, contracts, and project delays, often acting as mediators between stakeholders. Quantity Surveyors prepare the final bill of the project, summarizing all financial transactions, variations, and final payments. They ensure compliance with legal, contractual, and regulatory requirements and provide detailed financial reports to stakeholders for transparency and accountability
ESTIMATION
Estimation plays a vital role in all phases of construction, from the planning stage till the completion of a project. In the planning phase, estimation helps to determine the project feasibility ,that is the starting point and decides the destiny of the project. Whether the project can be completed within the budget is a crucial question. Next comes scheduling, that estimates the time required for project completion. During the design phase estimation helps the architect or engineer to design the project within an estimated budget, this plays a major role in material selection for a project, which helps to keep the project within the budget. As a whole, estimation facilitates value engineering. In the preconstruction phase, estimation is the key for tendering, and contract negotiations. In the Construction phase estimation enables, cost control and progress monitoring, while in post stages of construction estimation helps in final costing and project evaluation. The key benefits of estimating projects include accurate cost prediction, the development of a realistic project schedule, and ensuring all stakeholders remain aware of the project timeline and milestones. Additionally, estimation allows contractors to monitor project expenses throughout each phase, helping to minimize overruns. This process ultimately enhances project outcomes by ensuring on-time completion within budget and improving client satisfaction. Estimation is important for the success of construction projects. It helps to manage resources effectively, making better decisions, and to keep costs under control. Estimators play a key role in turning a project’s design into a practically feasible one, making sure it meets both quality and budget goals. Using appropriate tools and estimation software helps them work more accurately and efficiently. As construction projects become more complex, the need for skilled estimators is growing, creating more job opportunities. To stay successful, it’s important for estimators to keep learning to adapt to modern technology. The demand for estimators in construction industry is growing, due to an increase in construction sectors and infrastructure development. By developing a strong analytical, technical and software skill one can build a successful career in this field.
"*" indicates required fields