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.

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.

How to Learn

As a Quantity Surveyor with 3-6 years of experience in Hong Kong, your main responsibilities include:<ul><li> Conducting cost estimation and preparing bill of quantities for construction projects.Estimate costs and quantities for materials, labor, and equipment.</li><li> Analyzing tender documents and preparing tender submissions.Review project requirements and specifications to prepare accurate and competitive bids.</li><li> Managing project budgets and monitoring cost control measures.Track project expenses, identify cost-saving opportunities, and ensure adherence to budgetary constraints.</li><li> Conducting valuation assessments and preparing final accounts.</li></ul>

Roles & Responsibilities

Average take home Salary for a Quantity Surveyor in Hong Kong is around $46424 per year

Salary Breakup

The majority of construction and engineering projects are massive in scope which require significant sums of funds. Naturally, a customer or contractor would like the best quality at the lowest cost and for this they employ people known as quantity surveyors. Quantity surveyors are, in essence the financial manager of an engineering project of a significant size. He is responsible for maximizing the value of the project to the client by achieving the most advantageous balance between quality and cost. They may also be referred to as commercial managers or construction/engineering cost consultants.

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Quantity Surveyor

Salary Breakup

Skills That Affect Quantity Surveyor Salaries

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