Basic Terminology and Concepts in Quantity Surveying
Understanding Key Terms and Ideas in Quantity Surveying
In the field of construction, Basic Terminology and Concepts in Quantity Surveying are essential for anyone starting out in this career. Quantity surveying involves managing all costs related to building projects. A quantity surveyor ensures that projects are completed on budget without compromising quality.
Let’s look at some important terms and concepts you will encounter:
- Bill of Quantities (BoQ)
This is a detailed list of materials, parts, and labour needed for a project. It helps in pricing and tendering. - Cost Planning
This is the process of estimating and controlling the costs at every stage of a building project. - Tender
A tender is an offer made by a contractor to carry out the work for a set price based on the BoQ and contract details. - Measurement
Measurement refers to calculating quantities of materials and work done. Accuracy here affects budgets and payments. - Contract
A formal agreement between the client and contractor that sets out the work to be done, the price, and terms. - Variations
Changes or additions to the original work that may cause cost adjustments. - Final Account
This is a summary of all costs and payments made once the project is complete.
A few more concepts to know:
Cost Control and Cost Management
Cost control means keeping the project within the approved budget. A quantity surveyor constantly monitors expenses and advises on saving costs without lowering standards.
Cost management is a broader process including estimating costs before work starts, budgeting, controlling costs, and reporting.
Why Basic Terminology Matters
Knowing these key terms and concepts helps you communicate clearly with teams, suppliers, and clients. It also ensures you understand your role in managing resources and avoiding costly mistakes.
In South Africa, quantity surveyors often work closely with architects, engineers, and contractors. Understanding the language of quantity surveying allows smoother project management and better career opportunities.
By mastering the Basic Terminology and Concepts in Quantity Surveying, you gain a solid foundation to build your skills in this dynamic and important profession.
Live Scenario • Active Situation
You are a junior quantity surveyor on a new building project, responsible for managing costs and ensuring accurate measurements for the Bill of Quantities.
There is no single perfect answer. Choose what you would do in this situation.
