Quantity Surveying Practice

Book excerpt: Quantity Surveying Practice: The Nuts and Bolts is a practical guide to quantity surveying in building construction. Due to the increasing expectations of quality and performance from project clients, quantity surveyors must improve their professional skills to solve a variety of intricate problems and disputes confronting the demanding construction market. This practical book focuses on the basic concepts underlying the technical aspects of quantity surveying and contains many worked examples together with useful figures and real-life cases to help readers digest and understand the essentials and become better professionals as a result. This book is organised and structured into seven chapters. Chapter 1 is about the estimation of construction costs. Chapter 2 gives an overview of tendering and tender documentation. Chapter 3 examines the procedure of tender examination and the approach to contract award. Chapter 4 reviews the whole process of an interim valuation from the submission of a payment application by the contractor to the issuance of an interim valuation by the quantity surveyor, identifying the key issues within the process. Chapter 5 examines the topic of construction claims. Chapter 6 addresses the cost control and monitoring in connection with construction projects. Chapter 7 is about dispute management and three commonly used dispute resolution mechanisms, namely mediation, adjudication and arbitration are introduced. This book is essential reading for students on quantity surveying and construction management programmes, as well as the APC candidates pursuing the professional quantity surveying pathway. It is also a useful reference for practicing quantity surveyors.