Quantity Surveyor - Preparing Bills of Quantities

The bill of quantities which is prepared by the quantity surveyor is designed primarily as a tendering document. Technical Data used in the field explained in quantity surveyor courses in Rawalpindi. Each contractor tendering for the project is able to price the work on exactly the same information with a minimum of effort. This therefore avoids duplication in quantifying the work, and allows for the fairest type of competition. The bill of quantities also provides a valuable aid to the pricing of variations and computation of valuations for interim certificates.

The bill of quantities provides a good basis for cost planning and, if prepared in annotated form, will help in the locational identification of the work. Some more details about this field of quantity surveyor courses in Rawalpindi are as under.

It is important that all drawings, schedules and specification particulars should be checked and steps taken to ensure that all cross references are correct. The quantity surveyor when measuring the work will be continually checking all particulars, including cross references, and will prepare a query list for the architect covering the omission of necessary information, discrepancies and ambiguities. This provides the architect with the opportunity to clarify these points and amend the documentation prior to tender stage. It is also advisable to check the adequacy of prime cost and provisional sums, ensure that no information is outstanding from consultants, that the quantity surveyor has all the latest information and incorporates it in the bill of quantities. TSK Training for Skills and Knowledge is the best institute in Rawalpindi Islamabad for  Pakistani Students who wants to join Surveyor field after quantity surveyor courses in Islamabad.

Trades In Construction - Quantity Surveyor

Quantity surveying is among the oldest professions in the construction industry. It is concerned with the following main tasks. Technical Data about this  field explained in quantity surveyor courses in Rawalpindi.

Measurements and Preparation of Bills of Quantities: after the Architect's and Engineer's drawings are completed and approved, the Quantity Surveyor (QS) is charged with the responsibility of breaking it down into logical cost elements and giving a cost estimate on the same. Further, the QS prepares a document known as the Bills of Quantities (BQ). This document is a sequential breakdown of all the cost elements for the project at hand, with provisions for entering cost per item, thus arriving at the cost for the construction work for the project. Using the prevailing standard market rates in construction, the QS comes up with an estimate construction cost. This figure will act as guide on determining the correctness and reliability of tenders submitted for the same works. Some more details about this field of quantity surveyor courses in Rawalpindi are as under.

Preparation of tender documents: The BQ forms the main tender document. Others include drawings, form of tender, specifications for the works and any other relevant documents as may be required for a particular project. All these are meant to guide the bidding contractors to give their best quote for the project.

Financial reporting for the project: As required for the project, the QS makes all the financial reports for the project. At the end of the project, the QS compiles a final report on the financial landscape for the project as ended.

It is worth noting that all these tasks are interdependent and can be summarized as cost control assignments for the project. TSK Training for Skills and Knowledge is the best institute in Rawalpindi Islamabad for  Pakistani Students who wants to join quantity surveyor courses in islamabad.

How to Start a Business in Construction Industry

Starting a business is never too easy and one would already know that. Technical Data about this field explained in quantity surveyor courses in Rawalpindi. You have to work out several things before deciding upon a niche for your business. Moving into a well established construction industry is going to be tough with many great and reputed players already in the market. Most likely you need to concentrate on your existing contacts and try building few more, as it's a complete "word of mouth" type business where the reputation talks for itself.

If you have planned everything and are waiting for a time to begin, then most appropriate time is after hurricanes, twisters etc is the best, when several homes are destroyed within minutes and you can earn your living by making new homes for those affected. This way you can make a reputation for yourself by providing quality service related to construction. Some more details about this field of quantity surveyor courses in Rawalpindi are as under.

Other opportunities lie with the retail, residential, hospitals, offices, and schools where the construction requirement is ever green. Major builders are always hunting for quality professionals who are sincere, punctual, know their responsibility and can meet up with ever growing demand. Now if you are a contractor or technology vendor or a material supplier, you should not waste any more time and seize the opportunity of this situation by delivering quality work.

The next question that comes in your mind is "How can I achieve this"? The best way of reaching these builders is by participating in the trade shows, sales shows, by handing out brochures and other marketing material which could generate awareness. TSK Training for Skills and Knowledge is the best institute in Rawalpindi Islamabad for Pakistani Students who wants to join about this field after quantity surveyor courses in islamabad.

Quantity Surveyor - Understanding the Profession

For many people across the globe, the mere mention of "quantity surveyor" evokes the image of a vague and boring profession. Technical Data used in the field explained in quantity surveyor courses in Rawalpindi. Unlike medicine, law and other "hip" professions, many people view quantity surveying as an undefined, or at best, an ill-defined profession. However, the truth is quite far from this assumption since quantity surveyors are some of the most interesting professionals one can come across. The essence of this article is to take a piercing look at the life of the average quantity surveyor and dispel the cloud of ignorance hanging over this noble profession. To begin with, most of these professionals work in the construction industry and this is due to the nature of the job.

To give a general overview, quantity surveyors are trained to handle all that is related to building costs but as hinted, they do much more than that. To become a quantity surveyor, you must have been trained and certified by the relevant professional body in your jurisdiction before you can begin practicing as a surveyor. While in an institution of higher learning, you learn all about computing construction costs and a lot more about construction in general. Some more details of quantity surveyor courses in rawalpindi are as under.

One may end up working with the public or private sector; it all depends on personal choice. Irrespective of whether you end up in the public or private sector, as a quantity surveyor, you are expected to have sound knowledge of project appraisal. It is also the responsibility of the quantity surveyor to provide useful, relevant and timely advice on the management of costs and the value of the projects involved. Quantifying the costs of the materials, workforce and other services used in the execution of a particular project in is the purview of the surveyor, and his or her success on the job depends greatly on the success recorded in these areas. TSK Training for Skills and Knowledge is the best institute in Rawalpindi Islamabad for Pakistani Students who wants to join quantity surveyor courses in islamabad.

PREPARATION OF COST ESTIMATES AND NEGOTIATION

The estimate can be prepared after all the information has been collected and analyzed, and the cost engineer decides upon the format to present the change. It is important to have a prior agreement and discussion as previously indicated with the contractor. Generally, successful negotiations depend on agreement in scope of work and accurate quantity take-off and a detailed estimate supported by accurate cost data for all elements. General guidance for the calculation of direct costs is noted as follows. Technical Data used in the field explained in quantity surveyor courses in Rawalpindi.

Additional Work:

For additional work, items and format should be priced similar to a new contract as performed by the known contractor. New work should be priced at the rates anticipated to be in effect at the time the work will be performed. Some more details of quantity surveyor courses in Rawalpindi  are as under.

Changed Work:

For changed work, a separate quantity takeoff for each item directly affected will be required for both before and after the change. Each item should be priced at the rates, which would be in effect at the scheduled time of accomplishment. Typically, each item of changed original work is priced, and each comparable item of revised work is priced at the applicable rates. The net cost (or credit) would be obtained by subtracting the total of the original work from the total of the revised work. It is important that the cost engineer maintain a comparable scope of work for both estimates. When an item of work will be performed as originally specified, except for a revision in quantity, the net quantity may be estimated directly for that item.

Deleted Work:

For deleted work, the item and format should be priced similar to a new procurement as performed by the current contractor. Rates in effect at the time the work would have occurred should be used. In addition to the direct cost of the work, overhead, profit, and bond costs should be included for credit on the deleted work.

Impact Related Costs:

Impact related costs, if applicable, should be clearly described and included as a part of each cost estimate.

Detail of Estimate:

The cost estimate for a modification should be prepared in as much detail as required to clearly cost the change for negotiations. In many instances, even more detail is required to negotiate the lowest reasonable price. The estimate should, however, be modified to reflect a negotiated procurement in lieu of an advertised procurement. It should include a general summary sheet relating the major categories of cost of the modification, both for increases and for decreases. Revised construction drawings and specifications are included in the modification supporting documents. When the cost engineer prepares the estimate, the effort should be the same as the contractor acting prudently under the given conditions. The results will generally provide an accurate estimate, which can be used as a firm basis for negotiation. The Government estimate should not rely on past generalized rates and settlements unless actually appropriate to the specific modification under consideration. TSK Training for Skills and Knowledge is the best institute in Rawalpindi Islamabad for Pakistani Students who wants to join quantity surveyor courses in Rawalpindi.