CW1 M1 B7

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SATUITO, DANIELA MARI G

2019104301/CEM-3

1. What is quantity surveying in construction projects?

Quantity surveying in construction projects involves meticulously managing, estimating, and controlling
the financial aspects of building or infrastructure development. It's a pivotal element in ensuring the
fiscal success and efficient execution of construction endeavors. At its core, quantity surveying
encompasses diverse responsibilities. A key aspect is precise cost estimation, where experts evaluate
and anticipate expenses across materials, labor, and potential unforeseen costs. Quantity surveyors are
vital in the early project stages, analyzing plans to generate accurate cost estimates that guide
budgeting and decision-making throughout the project lifecycle. They handle procurement,
collaborating with suppliers, negotiating contracts, and ensuring purchased materials align with quality
standards and budgets. Continuous cost monitoring allows for necessary adjustments, averting financial
overruns. In tendering, they craft and assess tender documents, advising on contractor or supplier
selection while considering costs and maintaining quality. During construction, quantity surveyors act as
financial overseers, managing expenses, authorizing payments, and analyzing costs. Collaboration with
stakeholders ensures cost-effective decisions without compromising project integrity. In essence,
quantity surveying integrates financial expertise, analytical skills, and industry knowledge to maintain
financial discipline, adhere to budgets, and ensure successful project realization within specified
financial parameters.

2. Enumerate and discuss the following:


a. All scope or services under quantity surveying from pre-construction up to post-construction
phase

Pre-Construction Phase:

Cost Estimation and Budgeting: Generate accurate cost estimates based on project plans and
specifications.

Tendering and Procurement: Prepare tender documents, evaluate bids, negotiate contracts, and select
suppliers.

Value Engineering: Suggest cost-effective alternatives without compromising quality.

Risk Assessment: Identify potential financial risks and propose mitigation strategies.

Construction Phase:

Cost Control: Monitor expenditures, authorize payments, and ensure adherence to the budget.

Change Management: Assess and manage variations or modifications to the project scope.
Contract Administration: Manage contractual obligations, handle disputes, and issue progress reports.

Quality Control: Ensure materials and workmanship align with specified standards.

Post-Construction Phase:

Final Accounting: Assess final costs and reconcile any variations from the initial budget.

Facilities Management Support: Provide cost-related information for ongoing maintenance and
operation.

Dispute Resolution: Assist in resolving any financial disputes that may arise post-construction.

b. Role and Responsibilities of a Quantity Surveyor:

Pre-Construction Phase:

Cost Estimation: Accurately forecast project costs based on detailed analysis of plans.

Tendering and Procurement: Prepare tender documents, evaluate bids, and negotiate contracts with
suppliers.

Value Engineering: Suggest cost-effective alternatives without compromising quality.

Construction Phase:

Cost Control: Monitor project expenditures, authorize payments, and prevent cost overruns.

Change Management: Assess and manage variations to the project scope, ensuring cost implications are
accounted for.

Contract Administration: Ensure compliance with contract terms and handle any disputes that may
arise.

Post-Construction Phase:

Final Accounting: Assess final costs, compare them to the budget, and prepare final financial reports.

Facilities Management Support: Provide cost-related information for ongoing maintenance.

Dispute Resolution: Assist in resolving any financial disputes that may surface after project completion.

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