Last Updated on March 24, 2022 by Admin
Who is a Quantity Surveyor?
A quantity surveyor (QS) is a construction industry professional with expert knowledge of construction costs management and contracts management. We are discussing here the quantity surveyor job description and salary details.
If you have strong numerical and financial management skills, a practical mind, and the idea of traveling within your role, becoming a quantity surveyor could be ideal for you.
As a quantity surveyor, you’ll manage all costs relating to building and civil engineering projects, from the initial calculations to the final figures. Working either for the client or the contractor, in an office, or on-site, you’ll be involved in a project. You can also check the Top Quantity Surveyor Courses And Institutes in India Updated List 2022.
You’ll seek to minimize the cost of a project and enhance value for money while still achieving the required standards and quality. This includes ensuring statutory building regulations are met. You’ll prepare estimates and costs of the work, and when the project is in progress, you’ll keep track of any variations to the contract that may affect costs and create reports to show profitability.
Role of a Quantity Surveyor (QS) at work
- Before starting any construction project, the quantity surveyor analyzes the drawing and specifications of the new building that architects or engineers provide.
- The surveyors calculate the quantity of the material used in the building. Also, they must calculate the actual work or labor cost.
- Quantity surveying relies on technical measurement tools for accurate cost results. For example, building historical cost data to analyze and give the early cost advice, budget the bench-marked projects and prepare the life-cycle plan. They must have a thorough understanding of building regulations to hold on to them and make sure the building project passes.
- During the whole construction of the building, surveyors keep an eye on the cost.
- Quantity surveying is essential for any new building construction and renovation project. You can hire a surveyor company if you need any assistance.
- Quantity surveyors play a crucial role in managing the finances for construction projects and making them cost-effective; hence, they have earned a lot of attention in recent times.
- The primary role of a quantity surveyor includes calculating the budget based on the consumer’s requirement and preparing an effective budget estimate for each stage of the construction process.
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Various Responsibilities Of QS
Following are the various essential responsibilities of a typical quantity surveyor;
- Prepare tender and contract documents, including bills of quantities with the architect and/or the client.
- Undertake cost analysis for repair and maintenance project work
- Assist in establishing a client’s requirements and undertake feasibility studies
- Perform risk, value management, and cost control
- Advise on a procurement strategy
- Identify, analyze and develop responses to commercial risks
- Prepare and analyze costings for tenders
- Allocate work to subcontractors
- Provide advice on contractual claims
- Analyze outcomes and write detailed progress reports
- Value completed work and arranged payments
- Maintain awareness of the different building contracts in current use
- Understand the implications of health and safety regulations.
Once you’ve gained sufficient experience and specialist knowledge, you may also:
- Offer advice on property taxation
- Provide post-occupancy advice, facilities management services, and life cycle costing advice
- Assist clients in locating and accessing additional and alternative sources of funding
- Enable clients to initiate construction projects
- Advice on the maintenance costs of specific buildings.
How To Become A QS
As the job profile is closely related to the finance and construction field, candidates from the engineering or architecture discipline will have an added advantage.
To become a professional, one can take up a diploma, graduate, or postgraduate program in quantity surveying. Candidates should possess a degree in engineering, architecture, or planning from a recognized institute or university to pursue this course.
The majority of the candidates come from a Civil Engineering background. Candidates from a non-engineering background can also take up the course with two years of work experience in a construction firm.
Kindly check India’s best and the top Quantity Surveyor Courses and Institutes.
Various courses to study quantity surveying available are;
- The graduate program in construction quantity surveying
- Graduate diploma in quantity surveying
- Postgraduate program in quantity surveying
- Postgraduate program in quantity surveying and contract management
- Postgraduate diploma in quantity surveying & contracts management
- MBA in construction economics and quantity surveying
Quantity Surveyor Skills
Apart from academic and technical knowledge, one should possess some skills to be a successful professional in quantity surveying. Some of the skills are:
- Budgeting skills
- Mathematical skills
- Problem-solving skills
- Good financial skills
- Logical and thinking ability skills
- Communication skills
- Negotiation and team-building skills
- Organizational and planning skills
- Leadership skills
Career Opportunities for QS
The demand for quantity surveyors is high because of the shortage of workers with practical experience. Candidates who possess an academic qualification in quantity surveying will find many job opportunities in the construction field. Many private companies even recruit freshers with a good pay structure.
Most quantity surveyors will be associated with construction companies and property developers. They will also find jobs in subcontractor companies, project management companies, construction material suppliers, insurance companies, etc.
After attaining enough experience in this profession, quantity surveyors will have an opportunity to become a contractor. One can specialize in project management after a course of time. Some of the other options that quantity surveyors can opt for are our risk assessment and logistics management.
The infrastructure sector has been considered a key driver of a country’s economy. The infrastructure sector takes care of the development of bridges, roads, buildings, dams, and others.
As this sector is propelling the overall development worldwide, specifically in India, with enthusiastic support from the government, a career in this infrastructure sector will be lucrative.
Quantity Surveyor Salary
There are a limited number of experienced candidates in this profession; hence the companies are recruiting candidates with a high pay structure.
In India, the average basic salary for a quantity surveyor fresher is INR 394,490 per year (Source: Payscale).
In the USA, the average basic salary for a quantity surveyor fresher is $ 61,201 per year (Source: Payscale)
There are a lot of monetary benefits for candidates who work in foreign countries.
We hope you liked this article; if you plan to become a quantity surveyor, kindly check these TOP-RATED ONLINE QUANTITY SURVEYOR COURSES.
Quantity Surveyor FAQ
Q. Is Quantity Surveyor a good career option?
Ans: Indeed, quantity surveying is a promising career option for civil engineers because it offers the ability to move around sectors, career progression, and excellent compensation. Moreover, quantity surveyors spend much of their time on the field monitoring construction sites or meeting with clients, architects, and engineers.
Q. What is the Quantity Surveyor’s annual Salary in India.
Ans: An entry-level Quantity Surveyor with less than 1-year experience can earn an average total compensation (including tips, bonus, and overtime pay) of ₹255,445 based on 48 salaries. An early career Quantity Surveyor with 1-4 years of experience earns an average total compensation of ₹305,885 based on 251 salaries. A mid-career Quantity Surveyor with 5-9 years of experience makes an average total compensation of ₹535,123 based on 145 salaries. An experienced Quantity Surveyor with 10-19 years of experience earns an average total of ₹772,431 based on 79 salaries. In their late career (20 years and higher), employees make an average total compensation of ₹1,296,000.