A quantity surveyor (QS) plays a crucial role in the construction industry, managing all financial and contractual aspects of construction projects. Their expertise ensures that projects are completed within budget, on time, and to the required quality standards.

1. Profession Overview
   Quantity surveyors manage costs and contracts for construction projects, ensuring value for money and financial control from start to finish.
2. Key Responsibilities
   • Preparing cost estimates and budgets
   • Managing contracts and procurement
   • Monitoring project spending and progress
   • Valuing completed work and processing payments
   • Advising on cost-saving and risk management
3. Required Qualifications and Skills
   • Degree in quantity surveying or construction economics
   • Strong numeracy and analytical skills
   • Knowledge of contracts and construction law
   • Communication and negotiation abilities
4. When to Hire This Professional
   • Planning new builds, renovations, or large repairs
   • Managing project budgets and contracts
   • Needing to control costs and avoid disputes
5. Benefits of Their Involvement
   • Prevents cost overruns and financial surprises
   • Ensures fair contracts and payments
   • Supports project planning and decision-making
6. Local Context
   Local market knowledge helps quantity surveyors provide accurate estimates and manage island-specific costs.
7. Frequently Asked Questions (FAQ)
   • Are quantity surveyors needed for small projects?
   Most valuable for larger or complex jobs.
   • Can they help resolve disputes?
   Yes, they provide independent cost advice and mediation.

Key responsibilities:

1. Cost Estimation and Planning: Quantity surveyors are responsible for preparing detailed cost estimates for construction projects. This involves calculating the quantities of materials, labour, and equipment needed, and estimating the associated costs. They develop comprehensive cost plans that serve as a financial blueprint for the project, helping to ensure that it remains financially viable.
2. Tendering and Contract Negotiation: QS professionals manage the tendering process, which includes preparing tender documents, such as bills of quantities and specifications. They evaluate bids from contractors and negotiate contracts to secure the best terms for their clients. This process ensures that the project is awarded to the most suitable contractor at a competitive price.
3. Cost Control and Management: Throughout the construction phase, quantity surveyors monitor project costs to ensure they align with the budget. They track expenditures, manage variations, and identify potential cost savings. This ongoing cost control helps prevent budget overruns and ensures efficient use of resources.
4. Risk Management and Value Engineering: QS professionals identify and mitigate potential risks associated with construction projects. They conduct value engineering exercises to optimize project efficiency and cost-effectiveness. This involves analyzing design options and construction methods to find the best balance between cost, quality, and functionality.
5. Contract Administration: Quantity surveyors oversee the administration of construction contracts, ensuring that all parties adhere to the agreed terms. They manage payments to contractors, assess claims for additional costs, and handle any disputes that arise. Effective contract administration helps maintain smooth project progress and minimizes conflicts.
6. Final Account Preparation: At the end of a project, quantity surveyors prepare the final account, which summarizes all costs incurred. They ensure that all financial transactions are accurately recorded and that the project is closed out in accordance with contractual agreements. This final accounting provides a clear financial overview of the project.

• Professional Associations:
  • Quantity Surveyors International