cost management
The process of planning, monitoring and adjusting the expenses and revenues of a business in order to achieve cost efficiency and capability.
Quantity surveyors have under their helm complete management of the cost involved in building and construction projects from the inception of the project until the delivery. They strive for an efficient use of the resources whilst keeping an eye on quality, quality standards, and client's requirements.
Competences and skills
41 ESCO relationsEssential knowledge 6 competences
Occupation specific
0 competencesNo competences in this bucket.
Sector-specific
2 competencesquantity surveying
The process of estimating, planning and monitoring the costs of construction for buildings within large construction projects. It means the efficient and effective utilisation of resources and includes aspects of risk analysis as well as tender evaluation and public procurement.
Cross-sector
4 competencesbuilding codes
The set of guidelines that determine the minimum standards for buildings and other constructions in order to protect public health and safety.
building construction principles
The component elements and principles of building construction such as types of wall construction and foundations, defects in walls and roofs and ways to address such defects.
construction industry
The products, brands and suppliers active in the construction field.
urban planning law
Investments and urban development agreements. Legislative developments regarding construction in terms of environmental, sustainability, social and financial matters.
green
Essential skills and competences 13 competences
Occupation specific
0 competencesNo competences in this bucket.
Sector-specific
2 competencescommunicate with construction crews
Exchange information with the construction crews or supervisors to ensure smooth progress of the construction project. Obtain updates on the progress and any obstacles, and inform the crews of any changes in the schedule or procedures.
identify customer objectives
Identify individual motives resulting in short, medium and long term fitness goals.
Cross-sector
11 competencesadvise on construction materials
Provide advice on and test a wide range of construction materials.
- Scope note
- It includes building stone, sand, bricks, clay and gravel.
calculate needs for construction supplies
Take measurements on site and estimate the amount of materials required for the construction or restoration project.
control of expenses
Monitor and maintain effective cost controls, in regards to efficiencies, waste, overtime and staffing. Assessing excesses and strives for efficiency and productivity.
finish project within budget
Make sure to stay within budget. Adapt work and materials to budget.
keep records of work progress
Maintain records of the progress of the work including time, defects, malfunctions, etc.
manage budgets
Plan, monitor, report on the budget and prepare set production budgets.
manage contracts
Negotiate the terms, conditions, costs and other specifications of a contract while making sure they comply with legal requirements and are legally enforceable. Oversee the execution of the contract, agree on and document any changes in line with any legal limitations.
order construction supplies
Order required materials for the construction project, taking care to purchase the most suitable material for a good price.
oversee construction project
Make sure that the construction project is carried out in compliance with the building permit, the execution plans, the performance and design specifications, and the relevant regulations.
perform cost accounting activities
Execute the cost related activities and operations within the accounting activities such as standard cost development, average pricing analysis, margin and cost ratio analysis, inventory control, and variance analysis. Report the results to management and advise on possible courses of action to control and reduce the costs.
prepare construction documents
Draft, update and archive documents concerning the planning and implementation of construction or renovation projects including information about security systems and accounting documentation.
Optional knowledge 7 competences
Occupation specific
0 competencesNo competences in this bucket.
Sector-specific
1 competenceproject management
The discipline of project management, the activities which comprise this area and the variables implied in it, such as time, resources, requirements, deadlines, and responding to unexpected events.
Cross-sector
6 competencescivil engineering
The engineering discipline that studies the design, construction and maintenance of naturally built works such as roads, buildings, and canals.
civil law
The legal rules and their applications used in disputes between different parties.
contract law
The field of legal principles that govern written agreements between parties concerning the exchange of goods or services, including contractual obligations and termination.
Monte Carlo simulation
A mathematical technique used to predict, estimate, and analyse a range of future possible outcomes for an uncertain event. The process is performed through a simulation to estimate a range of values.
digital
quality standards
The national and international requirements, specifications and guidelines to ensure that products, services and processes are of good quality and fit for purpose.
real estate market
The trends concerning the buying, selling, or renting of property, including the land, buildings, and natural resources encompassed within the property; the categories of residential properties and properties for business purposes which such properties are traded in.
Optional skills and competences 15 competences
Occupation specific
0 competencesNo competences in this bucket.
Sector-specific
0 competencesNo competences in this bucket.
Cross-sector
15 competencesadvise architects
Give advise on design, safety issues, and cost reduction to architects during the pre-application phase.
advise on risk management
Provide advice on risk management policies and prevention strategies and their implementation, being aware of different kinds of risks to a specific organisation.
audit contractors
Examine and document different industry contractors, in order to determine whether they comply with regulations and standards in relation to safety, environment and quality of design, construction and testing, etc.
carry out tendering
Place the request for a quotation to the organisation requesting a tender, then perform the work or supply the goods agreed with them during the tendering process.
check construction compliance
Determine whether a construction complies with laws and regulations.
communicate with customers
Respond to and communicate with customers in the most efficient and appropriate manner to enable them to access the desired products or services, or any other help they may require.
coordinate construction activities
Coordinate the activities of several construction workers or crews to make sure they do not interfere with each other and to ensure that the works are done in a timely manner. Keep up to date on the progress of the teams and update the schedule if called for.
ensure compliance with construction project deadline
Plan, schedule and monitor the building processes in order to ensure completion of the project by the set deadline.
estimate profitability
Take various factors into account to calculate the cost and potential revenues or savings gained from a product in order to evaluate the profit that could be generated by the new acquisition or by a new project.
follow the statutory obligations
Understand, abide by, and apply the statutory obligations of the company in the daily performance of the job.
liaise with financiers
Liaise with people willing to finance the project. Negotiate deals and contracts.
monitor construction site
Keep an overview of what happens at the construction site at all times. Identify who is present and what stage of the construction work each crew is in.
monitor contractor performance
Manage contractor performance and assess whether they are meeting the agreed standard and correct underperformance if needed.
monitor parameters' compliance in construction projects
Monitors progress in construction sites and the compliance of various parameters outlined in the design phase such as quality, costs, timeline, and contractors' responsibilities.
provide cost benefit analysis reports
Prepare, compile and communicate reports with broken down cost analysis on the proposal and budget plans of the company. Analyse the financial or social costs and benefits of a project or investment in advance over a given period of time.