Project Quantity Surveyor

Project quantity surveyors are responsible for determining the costs of a project, including expenses such as materials and labor. Sometimes, a firm will need the surveyor to reach a monetary figure in order to pitch a proposal to a company or individual, while at other times the client will have already specified a budget and the surveyor must determine whether the figure is feasible for the project to be carried out. These surveyors are often employed by architectural and construction firms. Project quantity surveyors may be present within the design process to help the team find ways to stay within the budget without sacrificing the work's quality, and they also search for potential risks as the project goes on and how they can be avoided. As a project goes on, they will help ensure that all finances are well-managed and budget-constraints are respected. In some positions, they may also prepare and administer contract documents and arrange and collect payments. Those in this position must be highly organized, as reports of the findings and steps taken must be documented and compiled into reports. This job is usually carried out within an office, although some field work may also be necessary. A college degree in a relevant field is generally required for this position, and many employers also require experience, which can be obtained from prior employment and/or internships.

As a Project Quantity Surveyor with 3-6 years of experience in Hong Kong, your main responsibilities include:

• Conducting cost estimates and preparing bills of quantities for construction projects.Responsible for accurately estimating costs and quantities of materials, labor, and equipment required for a project.
• Managing and monitoring project budgets and financial resources.Ensuring that project costs are controlled within the approved budget and providing regular financial reports to stakeholders.
• Performing project cost control and cost forecasting.Monitoring project costs throughout its lifecycle and providing accurate cost forecasts to help with decision-making.
• Collaborating with project teams and stakeholders to resolve any cost-related issues.

For a Project Quantity Surveyor job role, the following qualifications are required:

• Bachelor's degree in Quantity Surveying or a related field, ensuring a strong foundation in construction cost management and estimation.
• Extensive knowledge of construction industry standards, regulations, and practices to accurately assess project costs and implement cost-control measures.
• Proficiency in quantity surveying software and tools to perform accurate quantity takeoffs, cost calculations, and prepare detailed project cost reports.
• Excellent communication and negotiation skills to collaborate effectively with stakeholders, contractors, and suppliers, ensuring smooth project execution and cost optimization.

The role of a Project Quantity Surveyor is crucial in managing project costs and ensuring effective cost control. With 3-6 years of experience in Hong Kong's construction industry, professionals can explore various alternative roles. Here are four options to consider:

• Cost Estimator: A role that involves assessing project costs, preparing estimates, and analyzing cost variances.
• Construction Manager: A position focused on overseeing construction activities, managing resources, and ensuring project delivery within budget and schedule.
• Contracts Administrator: A role that involves administering and managing contracts, ensuring compliance, and resolving contractual disputes.
• Project Planner: A position focused on developing project schedules, coordinating activities, and optimizing resource allocation.

The Project Quantity Surveyor job role in Hong Kong is expected to witness significant growth in the coming years. Market analysis suggests that the demand for Project Quantity Surveyors is projected to increase steadily, as the construction industry expands. Over the past 10 years, this position has shown resilience and stability, with consistent employment opportunities available. Google data indicates a positive outlook for this role, with multiple construction projects planned in Hong Kong. This is likely to create a strong demand for Project Quantity Surveyors, ensuring ample job opportunities in the future.