Quantity Surveying & Cost Estimation Online Course

This comprehensive course on Quantity Surveying & Cost Estimation equips learners with essential skills in construction cost management and measurement. Designed for aspiring quantity surveyors, project managers, and construction professionals, the curriculum covers key aspects such as quantity surveying measurement, cost control, contract management, tendering processes, and risk prediction. Throughout the modules, students will gain expertise in procurement strategies, bill preparation, and regulatory compliance to ensure accurate project cost estimation and efficient resource allocation. Emphasizing practical applications, the course blends theoretical knowledge with real-world techniques, making it ideal for those pursuing careers in construction cost consultancy, project planning, and construction management. The detailed study of cost estimation principles and contract administration prepares learners to handle complex construction projects effectively, minimizing financial risks while maximizing project value.

Learning Outcomes

1. Understand fundamental principles of quantity surveying and measurement.
2. Apply cost management techniques to control construction expenses.
3. Develop accurate pricing and operational cost estimation skills.
4. Manage contracts and tendering processes effectively and efficiently.
5. Prepare procurement documents and detailed bill of quantities.
6. Identify and mitigate potential risks in construction projects.

Course Link: Quantity Surveying & Cost Estimation

Course Curriculum:

Module 01: Quantity Survey – An Introduction

• Overview of Quantity Surveying in construction
• Roles and responsibilities of a Quantity Surveyor
• Historical evolution and current trends
• Key terminologies and industry standards
• Importance of accurate cost estimation in projects

Module 02: Development of the Quantity Surveyor

• Skills and competencies required in modern practice
• Professional pathways and certifications
• Ethical standards and professional conduct
• Collaborative roles in multidisciplinary teams
• Adapting to evolving construction technologies

Module 03: Quantity Surveying Measurement

• Measurement techniques and standard methods (SMM, NRM, etc.)
• Quantifying materials, labor, and plant
• Detailed quantity takeoff processes
• Unit rates and measurement accuracy
• Use of digital tools in measurement (BIM, CAD)

Module 04: Cost Management

• Cost planning and budgeting across project stages
• Value engineering and cost optimization
• Life-cycle costing and sustainability integration
• Managing variations and change orders
• Financial monitoring and reporting

Module 05: Pricing and Operational Estimation

• Methods of estimating (preliminary, elemental, detailed)
• Pricing of resources and labor cost analysis
• Overhead allocation and profit margins
• Impact of market conditions on pricing
• Use of estimation software and spreadsheets

Module 06: Contract Management and Tendering

• Types of construction contracts and key clauses
• Legal principles governing construction contracts
• Tendering procedures and bid evaluation
• Roles in contract administration
• Claims, disputes, and resolution techniques

Module 07: Procurement and Bill Preparation

• Procurement strategies and selection methods
• Tender documentation and procurement planning
• Bill of Quantities (BoQ) preparation and formats
• Pre-qualification and vendor evaluation
• Managing subcontractor and supplier relationships

Module 08: Predicting Potential Risk and Management

• Types of risks in construction projects
• Risk identification and impact analysis
• Mitigation and contingency planning
• Role of insurance and bonding
• Risk tracking and documentation

Module 09: Regulation and Control

• Regulatory frameworks in construction industries
• Statutory compliance and safety standards
• Cost control mechanisms and audit processes
• Roles of authorities and governing bodies
• Impact of regulations on project costs

Module 10: Report Writing

• Structure and format of quantity surveying reports
• Technical writing and presentation skills
• Data interpretation and visualization
• Preparing feasibility and financial reports
• Reporting for stakeholders and decision-makers

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Disclaimer:

This is an online course with pre-recorded lessons. You will get access to the course within 48 hours after your enrolment.