What is a quantity surveyor?

The Quantity Surveyor, also known as a Construction Economist, or Cost Manager, is one of a team of professional advisers to the construction industry. As advisers they estimate and monitor construction costs, from the feasibility stage of a project through to the completion of the construction period.

What is RICS?

The Royal Institution of Chartered Surveyors (RICS) is a professional body that accredits professionals within the construction sector worldwide.

What is the RICS Chartered quantity surveyor?

A Chartered Surveyor will have qualifications, experience and be regulated by the Royal Institution of Chartered Surveyors (RICS). All Members of the RICS are required to comply with the Global Professional and Ethical Standards.

The Chartered QS is specifically focused on the management of construction cost and value.

Depending upon the sophistication of the client in design and construction, the Chartered QS can be retained to provide input and advice from inception to total completion or for specific tasks therein. Experience has shown that Clients who include the Chartered QS as part of their team from inception to completion tend to maximize their return on this investment in professional expertise.

The Chartered QS you select will work with you and the design team to establish the program budget. As the design progresses through the various design stages, the Chartered QS will prepare elemental cost plans which will be used to report changes and variations in the anticipated cost, allowing for timely decisions on additions or deletions to the design while maintaining the initial program budget. Prior to tender, the elemental cost plan will again be reviewed and this pre-tender estimate will be used to evaluate bids received.

During the design and construction of your project, the Chartered QS effectively becomes a major contributor to your organization, serving as an advisor and technical manager and in large measure, he or she will determine the financial success of the project.

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