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Quantity surveyors are responsible for managing the financial and contractual aspects of construction projects. They ensure that projects are completed within the budget allocated for them. They play a crucial role in all cost-related matters in construction projects, including estimating costs, negotiating contracts, and managing budgets.
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Quantity surveyors are responsible for managing the financial and contractual aspects of construction projects. They ensure that projects are completed within the budget allocated for them. They play a crucial role in all cost-related matters in construction projects, including estimating costs, negotiating contracts, and managing budgets.
In addition to being called quantity surveyors, they are also known as construction economists, associate or chartered quantity surveyors, estimators (depending on the business), and contracts administrators.
The global construction industry is expected to reach an estimated $10.5 trillion by 2023, with a forecasted compound annual growth rate of 4.2% between 2018 - 2023¹. To keep up with this growth, construction and engineering companies need to identify ways to keep employment costs low without jeopardizing quality. Outsourcing quantity surveyors is a simple and cost-effective solution.
Outsourcing quantity surveying tasks to an offshore team can lead to cost savings of up to 70% when compared to hiring locally. It also increases output efficiency and quality levels by freeing up time for onshore teams to focus on higher value work. In addition, outsourcing creates opportunities for business growth and scaling by enabling onshore teams to focus on increasing profits and developing new opportunities while offshore teams handle time-consuming tasks.
A successful quantity surveyor must have excellent numerical and mathematical skills, attention to detail, and the ability to stay calm under pressure. A degree or certificate in construction management, building surveying, or project management is desirable, and internships or cadetships can also provide valuable experience. Quantity surveyors are categorized by their years of experience, from entry-level to senior.
Quantity surveyors use a range of software and tools to manage construction projects, including bluebeam, MS-Excel, planswift, cost-x, and dimension-x. It is essential that they are familiar with the systems and software used by their employer to provide the best level of support for onshore teams.
Employers must inform their talent acquisition teams about the project size and plans when hiring offshore quantity surveyors. By hiring an offshore team member with experience working on similar project sizes, they will better understand timelines and expectations. Employers can recruit as many quantity surveyors as needed for each project and even hire senior quantity surveyors in the offshore location to manage the team. Having one team lead can ensure streamlined communication and effective project updates are delivered to onshore teams.