How to Become a Commercial Quantity Surveyor (Quantity over Quality!)
If you’ve ever dreamed of shaping the financial dimensions of large-scale construction projects or wondered what it takes to become a commercial quantity surveyor, you’re in the right place.
In this guide, we’ll explore the EXACT steps you need to take to launch your career as a commercial quantity surveyor. We’ll talk about:
- The skills you need.
- The education that can help you get there.
- How to land a job as a commercial quantity surveyor.
So, whether you’re a novice to the industry or a seasoned professional looking to enhance your credentials, stay tuned.
We’re about to unravel the blueprint to become a commercial quantity surveyor.
Let’s get started!
Steps to Become a Commercial Quantity Surveyor
Step 1: Understand the Role
A commercial quantity surveyor plays a critical role in construction projects, managing and controlling costs from the initial design stages through to the project’s completion.
They ensure that projects are completed within the planned budget.
Understanding this role involves gaining a deep knowledge of construction methods and materials, cost management, contract law, and negotiation.
This understanding is crucial as it provides an insight into what the role entails and what skills and knowledge you need to excel in it.
It involves studying the project lifecycle and understanding how a commercial quantity surveyor fits into each stage of the process.
You can gain this understanding through various means such as research, job shadowing, or interviewing professionals in the field.
This initial step will provide a solid foundation for your pursuit of a career as a commercial quantity surveyor and will guide you in making informed decisions about your education and career path.
Step 2: Obtain Relevant Education
To become a Commercial Quantity Surveyor, you need to start with the appropriate educational background.
This typically involves obtaining a bachelor’s degree in quantity surveying, construction engineering, civil engineering, or a related field.
These programs provide a fundamental understanding of construction processes, contract law, and cost management.
Most degrees include modules on construction technology, measurement and cost estimation, contract law, economics, and project management.
Some courses also offer an industrial placement, allowing students to gain practical experience.
After obtaining a bachelor’s degree, many Quantity Surveyors opt to continue their education by pursuing a postgraduate degree in quantity surveying or a related field.
A master’s degree often provides a more in-depth understanding of the legal, economic, and managerial aspects of the job, which can give them an edge in the job market.
Additionally, there are professional qualifications that can be obtained, such as becoming a Chartered Surveyor.
This involves further study and professional practice under the guidance of the Royal Institution of Chartered Surveyors (RICS).
This is a widely recognized qualification in the industry and can lead to more senior roles within the field.
Step 3: Gain Practical Experience
After completing your degree, gaining practical experience is essential in becoming a Commercial Quantity Surveyor.
This can be achieved through internships or entry-level roles in the industry, working under the guidance of a senior quantity surveyor.
This will allow you to apply the theoretical knowledge you gained during your degree to real-world scenarios.
You will learn how to prepare cost estimates, perform cost management and analysis, and conduct feasibility studies.
You will also gain hands-on experience in contract administration, procurement, and project management.
In addition, gaining practical experience will provide you with insights into the industry and help you to develop essential skills such as communication, negotiation, and problem-solving.
These skills are crucial in dealing with clients, contractors, and other stakeholders in the construction industry.
It’s worth noting that many employers value practical experience, so internships or placements can be an excellent opportunity to make contacts within the industry and potentially secure a job post-graduation.
Remember, the more experience you have, the more valuable you are as a potential employee.
Step 4: Develop Technical Skills
As a commercial quantity surveyor, you need to have a range of technical skills in your repertoire.
Since quantity surveying is closely related to construction and civil engineering, a good understanding of construction methods and materials is crucial.
You should also be proficient in using a variety of software tools that are commonly used in the industry.
For instance, project management software, Building Information Modelling (BIM) software, and Computer Aided Design (CAD) software can be invaluable in carrying out your duties effectively.
In addition to these, you should have strong numerical and financial management skills as you’ll be required to prepare cost estimates, manage budgets and conduct financial risk analysis.
You should also develop skills in contract law and negotiation, as these will be needed when dealing with suppliers and contractors.
Consider attending relevant workshops, trainings and seminars to enhance these skills.
If possible, look for opportunities to work on a variety of projects to gain firsthand experience and practical knowledge.
It may also be beneficial to earn additional certifications in these areas, as they could provide you with an edge in the job market.
Remember, technical skills in the quantity surveying profession go hand in hand with interpersonal skills, as you will often need to communicate your findings and advice to a variety of stakeholders including clients, architects, and contractors.
Step 5: Attain Professional Qualifications
After obtaining your degree, you should aim to acquire professional qualifications to enhance your career prospects as a Commercial Quantity Surveyor.
Consider obtaining certification from recognized professional bodies such as the Royal Institution of Chartered Surveyors (RICS) or the Chartered Institute of Building (CIOB).
These qualifications are not mandatory, but they can give you an edge in the job market and help you stand out to potential employers.
The process of getting professionally qualified often involves a structured training period where you’ll gain practical experience in the field.
This will be followed by an assessment of your skills and knowledge.
It’s important to note that different institutions may have different requirements and processes for certification.
Continuing professional development (CPD) is also crucial in this field.
Keep updating your knowledge and skills through courses, workshops, and seminars.
This will not only help you stay abreast of the latest developments in the industry, but it will also demonstrate your commitment to the profession.
Remember, becoming a commercially successful Quantity Surveyor is about more than just having the right degree and qualifications.
It also requires a specific set of skills, including strong numerical abilities, project management skills, negotiation skills, and an understanding of the construction industry.
Step 6: Network With Professionals
In the field of Quantity Surveying, making professional connections can be a crucial step to advance your career.
Networking opportunities could include attending industry events, joining professional organizations, or engaging with online forums and social media groups dedicated to the field of Quantity Surveying.
These interactions can not only help you to stay up-to-date with the latest industry trends and advancements, but also provide opportunities for mentorship, partnerships, and even job opportunities.
It’s essential to engage in meaningful conversations, contribute to discussions, and display your industry knowledge, which can make you a memorable contact for future opportunities.
An important organization to consider joining is the Royal Institution of Chartered Surveyors (RICS).
They provide opportunities for professional development, networking, and they set globally recognized standards for quantity surveying.
Other similar organizations may exist in your local area, so do your research to find the best fit for you.
Remember, networking is not just about taking, it’s about giving back and contributing to the community as well.
Be ready to share your experiences, insights and be supportive to others in their professional journey.
This mutual support system will enrich your career as a Commercial Quantity Surveyor.
Step 7: Specialize in Commercial Projects
As you progress in your career as a Quantity Surveyor, you should consider specializing in commercial projects.
This sector involves dealing with the financial and contractual aspects of large-scale construction projects, often involving office buildings, shopping centers, and other commercial facilities.
Specializing in commercial projects can provide you with a unique set of challenges and opportunities.
You will be required to manage costs, contracts, and legal issues associated with large projects.
You will also gain exposure to complex and interesting construction projects that can further enhance your skills and knowledge.
To specialize in commercial projects, you could seek employment with a construction company that focuses on commercial construction.
Alternatively, you could pursue further studies or qualifications in commercial construction management or a related field.
Make sure to stay updated on the latest trends and developments in the commercial construction sector.
Joining professional associations and attending industry events can also help you network with other professionals in the field and learn from their experiences.
Be prepared to handle high-stress situations and make important decisions quickly, as these are common scenarios in commercial projects.
Remember, specializing is about more than just improving your job prospects.
It’s also about developing a deeper understanding of a specific area that you’re passionate about.
So, if commercial projects excite you, this could be the perfect specialization for your quantity surveying career.
Step 8: Seek Employment
As a Commercial Quantity Surveyor, seeking employment involves looking for job opportunities in various sectors such as construction companies, contracting firms, or real estate agencies.
You may also find opportunities in consultancy firms, public sector organizations, or infrastructure projects.
When looking for a job, consider the type of work you enjoy and the industry you’re interested in.
For instance, if you’re interested in infrastructure projects, you could look for a job with a civil engineering firm.
If you prefer to work on residential or commercial buildings, you might prefer a role with a construction company.
Network extensively and make use of professional networking sites such as LinkedIn. Also, don’t underestimate the power of connections made through industry events, seminars, or workshops.
Prepare a professional resume highlighting your education, skills, and experience in quantity surveying.
Tailor your resume to suit the job description and emphasize your experience in commercial projects if any.
Prepare well for the interview, demonstrating your knowledge in quantity surveying, cost management, and commercial acumen.
A thorough understanding of the construction process, good negotiation skills, and proficiency in software such as CostX or Buildsoft can give you an edge over others.
Remember, the goal of your job search is not just to find any job, but to find the right job that aligns with your career goals and aspirations as a Commercial Quantity Surveyor.
Step 9: Continue Professional Development
In the rapidly changing construction industry, staying updated with the latest practices, technologies, and regulations is vital.
As a Commercial Quantity Surveyor, it’s essential to engage in continuous professional development (CPD) throughout your career.
This will not only keep your skills and knowledge current but also enhance your professional credibility and improve your prospects for advancement.
CPD can take various forms.
You can attend workshops, seminars, and training courses related to quantity surveying.
These may cover a wide range of topics, from new construction methodologies to the latest changes in building regulations and standards.
Participating in industry conferences can also be a good way to network with other professionals and stay informed about trends and developments in the field.
In addition, consider joining professional organizations such as the Royal Institution of Chartered Surveyors (RICS) or the Chartered Institute of Building (CIOB).
These bodies often provide resources for CPD, such as online courses, publications, and events.
They also offer certification programs that can enhance your professional standing.
Lastly, remember that CPD is an ongoing process.
Always be proactive in seeking out new learning opportunities and be open to new ideas and approaches.
This will help you stay at the forefront of your profession and ensure that you continue to provide the best possible service to your clients.
Step 10: Advance in Your Career
After gaining considerable experience in quantity surveying, it’s time to consider advancing in your career.
This could mean taking on more complex projects, stepping into a managerial role, or specializing in a specific area of surveying such as construction or civil engineering.
Consider pursuing further education or certifications to enhance your skills and qualifications.
Some quantity surveyors choose to obtain a Masters in Quantity Surveying or related field to deepen their knowledge and expertise.
There are also relevant professional certifications like the Chartered Surveyor status from the Royal Institution of Chartered Surveyors (RICS) that can significantly boost your career prospects.
You can also explore opportunities in consultancy or freelance work.
This allows you to leverage your expertise and potentially earn more while providing services to a variety of clients.
Networking and maintaining good relationships within the industry will also open up opportunities for career advancement.
Remember to keep up with industry trends and technological advancements.
This not only helps in staying competitive but also equips you with the knowledge and skills to take on more challenging roles or projects.
Lastly, consider mentoring juniors or sharing your expertise through teaching or writing.
This not only helps in personal growth but also establishes you as an expert in your field.
Commercial Quantity Surveyor Roles and Responsibilities
A Commercial Quantity Surveyor, also known as a Cost Consultant, is a professional in the field of construction.
They use their specialized knowledge of construction methods, costs, and materials to ensure projects are completed within budget.
They have the following roles and responsibilities:
Cost Management
- Prepare cost plans and estimates for construction projects.
- Manage and monitor costs throughout the project life cycle.
- Identify and assess commercial risks and implement appropriate measures.
Contract Administration
- Prepare and administer contracts, including variations and claims.
- Manage contractual disputes and resolution processes.
- Ensure compliance with contractual terms and conditions.
Procurement
- Advise on procurement strategies and selection of contractors.
- Prepare tender documents and analyze tender returns.
- Assist in negotiation and awarding of contracts.
Financial Reporting
- Prepare and present regular cost reports and cash flow forecasts.
- Manage and report on project budgets and expenditures.
- Ensure accurate and timely financial reporting.
Value Engineering
- Analyze designs and specifications for cost-effectiveness and suggest alternatives.
- Ensure value for money while maintaining required standards and quality.
Stakeholder Management
- Work closely with project teams, contractors, architects, and clients.
- Communicate effectively with stakeholders regarding cost and contractual matters.
Project Management
- Participate in project meetings and provide cost-related advice.
- Coordinate with project teams to ensure project deliverables are met.
Regulation Compliance
- Ensure compliance with health and safety regulations.
- Adhere to industry standards and legislative requirements.
Professional Development
- Stay up-to-date with latest industry trends, methods, and regulations.
- Participate in continuous professional development activities.
What Does a Commercial Quantity Surveyor Do?
Commercial Quantity Surveyors typically work for construction companies, engineering firms, or as independent consultants.
They are primarily responsible for managing all costs related to building and civil engineering projects from the initial calculations to the final figures.
Commercial Quantity Surveyors seek to minimize the costs of a project and enhance value for money, while still achieving the required standards and quality.
They may also be involved in contractual negotiations, ensuring that all parties are aware of their obligations and responsibilities.
In addition, they prepare tender and contract documents, including bills of quantities.
These professionals are also involved in undertaking cost analysis for repair and maintenance project work.
Furthermore, they perform risk, value management and cost control during construction and post-construction stages.
A big part of their role is to advise on procurement strategy and to identify, analyze and develop responses to commercial risks.
Commercial Quantity Surveyors also provide insight on inflated costs and make recommendations to project managers and engineers accordingly.
They frequently conduct feasibility studies to estimate materials, time and labour costs.
Overall, a Commercial Quantity Surveyor is an integral part of the construction team, contributing to the financial and contractual management of projects.
Essential Commercial Quantity Surveyor Skills
- Cost Estimation: The ability to accurately determine the cost of a construction project is a critical skill. This includes estimating material costs, labor costs, and the total project cost.
- Contractual Knowledge: A Commercial Quantity Surveyor should have a solid understanding of contracts related to the construction industry, including terms and conditions, legal implications, and procurement methods.
- Negotiation: Negotiation skills are essential for securing the best prices from suppliers and contractors. This also includes the ability to handle disputes and reach mutually beneficial agreements.
- Valuation: Proficiency in evaluating and recommending payment for work completed, and dealing with variations and changes to the initial contract is key.
- Risk Assessment: Ability to identify and manage potential financial risks in a project. This includes understanding market trends and making informed predictions about project costs.
- Project Management: Familiarity with project management techniques and methodologies like Agile, Scrum, and Lean is useful. This includes understanding project timelines, resources, and coordinating with various stakeholders.
- Communication: Excellent communication skills are vital for liaising between contractors, clients, and other stakeholders. This also includes writing clear and concise reports.
- Technical Knowledge: Understanding construction methods, materials, and regulations is crucial. This allows the surveyor to make informed decisions and provide accurate estimates.
- Financial Reporting: Ability to provide regular financial updates, managing budgets, and ensuring the project stays within the agreed budget.
- Software Proficiency: Familiarity with quantity surveying and cost management software like CostX, CATO, or Microsoft Project is important for modern commercial quantity surveying.
- Teamwork: Collaboration with a diverse set of professionals, including architects, engineers, and contractors, is a must. This includes working effectively as part of a team, sharing knowledge and contributing to collective success.
- Problem-solving: Ability to identify and resolve issues that may arise during a construction project, and come up with efficient solutions to minimize cost and time overruns.
- Time Management: Effective time management skills to ensure that projects stay on schedule and meet deadlines.
Commercial Quantity Surveyor Career Path Progression
The Foundation: Junior Quantity Surveyor
The first step in your career is likely to be as a Junior Quantity Surveyor.
This position provides an opportunity to learn the ropes and understand the complexities of quantity surveying in a commercial environment.
You’ll be involved in estimating costs, managing contracts, and evaluating potential risks.
Here are some tips for success in this role:
- Technical Skills: Develop a solid understanding of cost estimating, construction technology, and contract law.
- Communication: Improve your communication skills to ensure effective collaboration with various stakeholders.
- Attention to Detail: Be meticulous in your work as accuracy is essential in this role.
The Ascent: Quantity Surveyor
After gaining valuable experience, you will progress to the role of a Quantity Surveyor.
Your responsibilities will expand to include more complex tasks such as managing budgets, negotiating contracts, and assessing financial risks.
Here’s how to thrive in this stage:
- Commercial Awareness: Understand the commercial realities of construction projects to make informed decisions.
- Negotiation: Develop strong negotiation skills to ensure contracts are favorable for your organization.
- Risk Management: Become proficient in identifying and managing financial and contractual risks.
Reaching New Heights: Senior Quantity Surveyor
Upon proving your expertise and reliability, you can move into a Senior Quantity Surveyor role.
Here, you’ll oversee project financials, lead contract negotiations, and manage junior surveyors.
To excel in this role:
- Leadership: Guide junior surveyors and share your knowledge to help them grow.
- Strategic Thinking: Anticipate challenges and implement strategic measures to mitigate risks.
- Professional Development: Stay up-to-date with industry trends and enhance your skills through continuous learning.
Beyond the Horizon: Commercial Manager and Beyond
With further progression, you can transition into roles such as Commercial Manager or Director.
These roles involve strategic decision-making, managing larger teams, and taking responsibility for the commercial success of larger projects or an entire business unit.
Here’s what to focus on:
- Business Acumen: Develop a deep understanding of business strategy and financial management.
- Decision-Making: Make informed decisions that contribute to the commercial success of projects.
- Team Management: Enhance your leadership skills to manage larger teams effectively.
Pinnacle of Success: Commercial Director or VP of Commercial Strategy
In the uppermost levels of the career ladder, roles like Commercial Director or VP of Commercial Strategy await.
In these positions, you’ll be responsible for guiding the commercial strategy of the entire organization, making critical business decisions, and leading teams towards achieving commercial objectives.
Commercial Quantity Surveyor Salary
Entry-Level Commercial Quantity Surveyor
- Median Salary: $45,000 – $60,000 per year
- Entry-level commercial quantity surveyors typically have 0-2 years of experience and a degree in quantity surveying, construction engineering, or a related field. They assist with cost estimation, contract preparation, and budget monitoring.
Mid-Level Commercial Quantity Surveyor
- Median Salary: $60,000 – $85,000 per year
- Mid-level commercial quantity surveyors have 2-5 years of experience and are responsible for more complex tasks, such as controlling project costs, negotiating contracts, and preparing financial reports.
Senior Commercial Quantity Surveyor
- Median Salary: $85,000 – $120,000 per year
- Senior commercial quantity surveyors possess 5+ years of experience and are generally responsible for managing all costs related to building projects, from the initial calculations to the final figures.
Lead Commercial Quantity Surveyor / Commercial Manager
- Median Salary: $100,000 – $150,000+ per year
- These roles require significant experience and typically involve overseeing a team of surveyors, managing commercial strategies, and ensuring the financial success of construction projects.
Principal Quantity Surveyor / Director of Commercial Management
- Median Salary: $130,000 – $200,000+ per year
- These top-level positions require substantial experience, along with deep knowledge of the construction industry. They’re responsible for strategic planning, risk management, and overall commercial leadership within a company.
Commercial Quantity Surveyor Work Environment
Commercial Quantity Surveyors typically work in the construction industry, specifically within commercial property development companies, construction consultancies, or contractor firms.
These professionals usually work in an office environment, but they might also spend a significant amount of time on construction sites to ensure the accuracy of cost estimates and to monitor the progress of projects.
This means that their work environment can be a mix of indoors and outdoors, and may involve traveling to different sites.
The work schedule of a Commercial Quantity Surveyor is typically full time, but may include overtime hours depending on the demands of the project.
The role can be quite demanding and pressurized, especially when projects are nearing completion or if there are unexpected cost overruns.
After gaining significant experience and skills, a Commercial Quantity Surveyor may choose to start their own consultancy business, advising clients on the financial and contractual aspects of construction projects.
FAQs About Becoming a Commercial Quantity Surveyor
What qualifications are needed to become a Commercial Quantity Surveyor?
To become a Commercial Quantity Surveyor, you typically need a degree in quantity surveying, commercial management, or a related field.
Alternatively, a degree in any field can be suitable if it’s paired with a postgraduate conversion course.
Membership with a professional body like the Royal Institution of Chartered Surveyors (RICS) or the Chartered Institute of Building (CIOB) can also be beneficial.
Key skills include strong numerical and budgeting abilities, negotiation, communication, and project management skills.
How long does it take to become a Commercial Quantity Surveyor?
The time it takes to become a Commercial Quantity Surveyor can vary.
If you pursue a bachelor’s degree in a related field, it usually takes about three to four years.
After graduation, you typically need to gain practical experience and work towards professional qualification, which can take an additional two to four years.
So, you could become a fully qualified Commercial Quantity Surveyor in five to eight years.
Can I become a Commercial Quantity Surveyor through an apprenticeship?
Yes, it is possible to become a Commercial Quantity Surveyor through an apprenticeship.
Many employers offer apprenticeship programs where you can gain practical experience and work towards your professional qualification whilst studying part-time for a degree.
This route takes about five to six years, but you can earn while you learn.
Is Commercial Quantity Surveying a stressful job?
Commercial Quantity Surveying can be demanding and stressful at times, as it often involves managing multiple projects, meeting tight deadlines, and negotiating contracts.
However, it can also be rewarding and varied, providing opportunities to work on a range of construction projects.
The level of stress can vary depending on the specific role, the company’s culture, and the individual’s time management and coping strategies.
What are the prospects for Commercial Quantity Surveyors in the next decade?
The prospects for Commercial Quantity Surveyors are promising in the next decade.
As long as there is construction, there will be a need for professionals who can manage costs and contracts efficiently.
There is also a growing demand for specialists in sustainable construction and green building practices.
With experience, a Commercial Quantity Surveyor can progress to senior roles, become a project manager, or specialize in a specific area of surveying.
Conclusion
And there you have it.
Venturing into the world to become a commercial quantity surveyor may not be an easy task, but it’s undeniably fulfilling.
Equipped with the right skills, education, and grit, you’re set to make substantial contributions to the construction industry.
Remember, the path may be demanding, but the prospects are boundless. Your assessments could lead to the successful execution of the next major construction project that changes the face of our cities.
So, take that initial leap. Immerse yourself in continuous learning. Connect with industry professionals. And most importantly, never stop assessing.
Because the construction world is eagerly waiting for your valuable input.
If you’re seeking personalized guidance on initiating or progressing your career as a commercial quantity surveyor, have a look at our AI Career Path Advisor.
This complimentary tool is designed to provide tailored advice and resources to help you steer your career path effectively.
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