IQSSL Quantity Surveying professional competencies

1. Cost management
a) Provide cost advice at pre-feasibility stage and provide input to the development of project brief.
b) Advise on cost and benefits of construction projects and prepare cost benefit analysis.
c) Collection of cost data, cost analysis, establishing data, storing system and implement updating procedure.
d) Establish objectives and parameters of cost planning, prepare and analyze required inputs and prepare cost plans.
e) Provide advice to Clients on estimate, cost alternatives and cost plan.
f) Prepare development budget for the project, coordinate client’s cash flow and advice on financing of the project.

2. Cost estimation
a) Cost data collection, storing and establish updating system required for estimation.
b) Preparation of procedure for estimation and preparation of estimates.
c) Advice on tendering including critical evaluation of various documents included in the tender.
d) Assist and advice on accuracy of cost estimate and cost audit reporting.
e) Establish estimate review system and conduct reviews on estimates.

3. Contract administration
a) Interim valuation
b) Prepare progressive financial reporting during construction phase and monitoring.
c) Variation process up to finalization of variation accounts.
d) Initiation of contractual correspondence and interpretation of contract.
e) Data collection, prepare contractual cost and time related claims, negotiation and finalization.
f) Prepare project implementation and procurement plan.
g) Final accounts and reporting
h) Advice on contractual and extra contractual claims.

4. Cost reporting
a) Establish cost monitoring procedure including contractor’s budget and analysis of pricing for cost value reconciliation and interpretation.
b) Turnover, profit and lost forecasting cash flow forecasting and coordinate with client’s/ contractor’s cash flow.
c) Control and management of sub contract accounts.
d) Advice on procurement or resource including materials, labour and plants.
e) Preparation of insurance claims, presentation, negotiation and finalization.
f) Resource analysis and management including resource usage, productivity reports, interpretation and reconciliation.

5. Procurement Advice
a) General advice on tender process considering constructability, delivery systems and time limitations.
b) Initiate, prepare documents, evaluation criteria and evaluation of pre-qualification process.
c) Recommendation and agree on all inputs required for preparation of Bills of Quantities
d) Prepare Bills of Quantities, undertake checking required and prepare necessary addenda.
e) Preparation of tender documents including compilation and tender action.
f) Tender evaluation, negotiation and award.
g) Specification writing
h) Preparation of nominated sub contract.

6. Construction Technology and Building Services
a) Acquire knowledge of construction process, technologies, building materials, and its suitability to the project climate.
b) Acquire knowledge of the principals of the design and the science of construction.
c) Acquire knowledge of the principals of construction.
d) Interpretation of drawings, specification and other documents.

7. Specialized Areas
a) Financial auditing of construction projects.
b) Feasibility studies.
c) Life cycle cost analysis.
d) Provide value management services.
e) Use of computer application relevant to quantity surveying services.
f) Risk management.
g) Acquire knowledge on regulations and guidelines related to construction in relation to government and local authorities, statutory bodies and donor funded projects.

8. Other Areas/ Academic Activities