Welcome to PCO Forums

A place to share your ideas, knowledge, feelings and advice on a wide variety of topics having special interest to Project Controls practitioners. Please refer to Forum Rules and Guidelines for usage.

Please note user must be logged in to post or edit forum threads.

spacer
 
 
ForumForumProject Control...Project Control...EstimatingEstimatingMoving from Quantity Surveying to Estimation Moving from Quantity Surveying to Estimation
Previous Previous
 
Next
 Disabled
New Post
 10/3/2011 3:42 PM
 
User is offline Dave
No Ranking

Joined: 1/28/2010
Posts: 96

It may be looks like my question wil be very silly but i frankly in need of ur ideas

I am a starter in Quantity Surveyin . How can i start practising in doing Estimation..Is there any web site that i can learn stepwise.or any reference books , i can refer. Also, whats the limit of project planning for a quantity surveyor when compared to a planning engineer
New Post
 10/3/2011 3:43 PM
 
User is offline Richard
No Ranking

Joined: 2/12/2010
Posts: 72
Quantity Surveyors play a key role in the organization and financial management of construction projects. A Quantity Surveyor (QS) is a professional person working within the construction industry. The role of the QS is, in general terms, to manage and control costs within construction projects. 
First I will give the basic idea what is the role of QS in Project Controls and as well as in Contract. In the begining stage you might be getting some confuse,by studying and refering lot of books you will be interest to gain more about your discipline. 
QS Responsibilities in Project Controls: 
1. Preparation of Detailed Clause 14.0 CPM Programme fully resource and cost loaded 

1. Monitor the progress at Site and Update the Programme on pre-determined frequency as agreed - Weekly, Biweekly or Monthly 

1. Conduct Critical Path Analysis and Earned Value Analysis on the Project Performance Achieved and analyze its effect on the remaining works 

1. Assess Time associated Risks on project and suggest mitigation measures prior to them reaching a critical stage. 

1. Prepare Earnings, Cash Flow Forecast and conduct detailed what if analysis for the projects benefit 

Scenario : Cash flow forecast depicts 1.5 Million for October 2011, What needs to be done to Achieve 2.5 Million on that specific month - Analyze the options of accomodating additional works within target month with careful considerations and utilization of resources and floats availability on works to the projects advantage. 
In this case to get increased value due to certain requirements as a contractor, you could utilize the float on the low value works and concentrate on bringing upfront the High Value works to be executed at later stage, considering the practical site operational point of view. 
1. Detailed M.I.S Reporting - Planned Vs Actual, Physical Progress, VOWD Progress, Critical Path Analysis on Update, 6 Week Lookahead 

QS role in Contractural Responsibilities: 
1. Ensure the Documentation for Insurances and Bonds per Contract Requirements are in place and maintained 

1. Sub-Contract Agreement/ Work Order Preparation for the Works sub-letted 

1. Calculate the Qty of Works from Drawings and Validate against the Bill - Key First Requirement on re-measured Contract to assess the True Value of Work 

1. Preparation of Interim Payment Certificates in line with work completed 

1. Setting up forms for ease in getting updates on Materials Delivered, Actual Manpower Deployed and Equipments at Site and their monitoring on regular basis. 

1. Payments to the Sub-Contractors/Vendors 

1. Cost Control - Measuring how much has been spent for getting the value of work - cost variance in detailed manner on individual work items and their analysis - ETC, EAC, VAC, further utilizing the findings and communicating the same for future project requirements. 

Further If you need any details regarding your study or work you can mail me I can provide you reference details and notes for you to improve your career.Regarding in Estimation also.
 Page 1 of 1
Previous Previous
 
Next
 Disabled
ForumForumProject Control...Project Control...EstimatingEstimatingMoving from Quantity Surveying to Estimation Moving from Quantity Surveying to Estimation

spacer
 

To report abuse of any content on this site, please fill in the form. Please give a brief description of the rule being broken.

spacer