Description

A Quantity Surveyor is a skilled professional who plays a vital role in the construction industry. They are responsible for managing the costs and financial aspects of a project from inception to completion. Their main objective is to ensure that projects are completed within budget while meeting all quality standards. The Quantity Surveyor works closely with architects, engineers, contractors, and clients to provide accurate cost estimates and cost control advice. They are involved in the procurement of materials and services, conducting cost analysis, and preparing and monitoring project budgets. The Quantity Surveyor also assesses variations and claims for additional costs, prepares tender documents, and negotiates contracts. They are skilled in risk management and have a keen eye for detail, as they regularly review project progress and anticipate potential issues that may affect costs or timelines. Additionally, they may be required to provide expert witness testimony or assistance in legal disputes. A Quantity Surveyor must possess excellent analytical, numerical, and communication skills, as they are required to present complex data and findings to stakeholders. Overall, the role of a Quantity Surveyor is crucial in ensuring the financial success of a construction project.

Roles & Responsibilities

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

  • Conducting cost estimation and preparing bill of quantities for construction projects.Estimate costs and quantities for materials, labor, and equipment.
  • Analyzing tender documents and preparing tender submissions.Review project requirements and specifications to prepare accurate and competitive bids.
  • Managing project budgets and monitoring cost control measures.Track project expenses, identify cost-saving opportunities, and ensure adherence to budgetary constraints.
  • Conducting valuation assessments and preparing final accounts.

Qualifications & Work Experience

For a Quantity Surveyor, the following qualifications are required:

  • In-depth understanding of construction and engineering principles to accurately estimate project costs and quantities of materials.
  • Proficiency in using quantity surveying software and tools to perform cost analysis, prepare budgets, and generate reports.
  • Strong knowledge of industry regulations and standards to ensure compliance during project planning, execution, and completion.
  • Excellent communication and negotiation skills to liaise with clients, suppliers, and contractors, resolving pricing discrepancies and managing contracts effectively.

Essential Skills For Quantity Surveyor

1

Contract Drafting

2

Office 365

3

Commercial Awareness

4

Project Management

5

Valuation

Skills That Affect Quantity Surveyor Salaries

Different skills can affect your salary. Below are the most popular skills and their effect on salary.

Constructors

3%

Strategic Negotiations

3%

Business Management

7%

Commercial Bonds

2%

Procurement Analysis

5%

Career Prospects

The role of Quantity Surveyor is crucial in ensuring accurate cost estimation and project management. For professionals with 3-6 years of experience in Hong Kong, there are several alternative roles worth considering. Here are four options:

  • Project Coordinator: A role that involves coordinating project activities, managing timelines, and ensuring smooth communication between stakeholders.
  • Construction Estimator: A position focused on analyzing project requirements, gathering cost data, and preparing accurate estimates for construction projects.
  • Contract Administrator: A role that involves reviewing and negotiating contracts, managing contract documentation, and ensuring compliance with contractual obligations.
  • Cost Engineer: A position focused on analyzing project costs, monitoring budget performance, and identifying cost-saving opportunities.

How to Learn

According to recent data from Google, the role of a Quantity Surveyor in Hong Kong is projected to experience significant growth in the coming years. Over the past 10 years, there has been a steady increase in demand for Quantity Surveyors in the market. This trend is expected to continue, leading to a positive outlook for the job role. With the construction industry booming and various infrastructure projects in the pipeline, there will be a significant number of employment opportunities available for Quantity Surveyors in the future. This indicates a promising future for professionals in this field in Hong Kong.