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Quantity Surveyor

Career Overview

A quantity surveyor predominantly belongs to the construction industry. Apart from surveying quantities as the job title suggests, they manage all costs (mainly material & labour) and finances as efficiently as possible. It is a career that calls for a strong interest in the construction industry. Quantity surveyors need to be highly aware about the technical, financial & legal aspects related to the industry. With the construction industry growing every year, there is increased demand for more skilled and trained surveyors who can ensure that construction projects remain profitable and efficient. It is necessary to have quantity surveyors during any construction project in determining cost estimations, planning and accounting within budget parameters. They work in close contact with the client and also advise them in legal, environmental & financial matters. Once qualified and experienced in this field, quantity surveyors can look forward to a steady career graph as construction economists, cost engineers or commercial managers. Although the career has been traditionally male dominated, women are increasing joining this exciting, versatile and potentially well paying profession.The main responsibilities of a quantity surveyor on most projects are:

  • Carry out feasibility study for cost & material estimates for a project
  • Devise procurement strategy
  • Prepare tenders, contracts and other legal documents
  • Allocate work among contractors & subcontractors
  • Perform risk control and cost control measures
  • Site visits and update client on progress of project
  • Writing reports and preparing schedules
  • Resolve disputes that arise during the construction phase
  • Maintain awareness related to health and safety regulations.

Salaries and Job Outlook*

Median Annual Pay
Number of Jobs
Projected Growth Rate

Quantity surveyors are indispensable to any construction project. Government and local bodies offer high security jobs as compared to private practices. They find employment in multiple areas such as housing & industrial sites, retail & commercial projects, roads & railways or consulting firms. On gaining significant experience, skilled quantity surveyors may choose to work in independent firms as partners or undertake consultancy work. Senior quantity surveyors enjoy playing a strategic role in value engineering and risk assessment.Qualified quantity surveyors can earn an average salary of INR 4.0 lacs p.a to 4.5 lacs p.a. Experience in this field has huge impact on the earning potential of these professionals.

Education and Training

Degrees Required:
B.E (Civil, Mechanical) Bachelor's Degree in Architecture and Planning

It is most advisable to have a formal qualification to become a quantity surveyor. They are usually expected to have a degree or equivalent in subjects such as civil or structural engineering, construction, surveying or a background of commerce, finance or real estate. Other qualifications like CIOB (Chartered Institute of Building) can be undertaken as post graduation qualification for better employment prospects.Practical experience plays a crucial role in getting job opportunities from prospective employers. You can gain sufficient experience in private firms dealing with construction projects or while working with independent practitioners.

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Valued Traits & Abilities

Communication Skills
Problem-Solving Skills
Negotiation Skills
Creativity & Innovative
Teamwork Skills
Detail Oriented
Quantitative Abilities

Career Opportunities

The career possibilities are abundant for trained and qualified quantity surveyors. They may opt to work in contracting, private, public, construction management, consultancy, accountancy, financial services or estate management firms. A lot of international firms also call for these skilled professionals. Local authorities and government firms offer secure and stable employment for quantity surveyors. On gaining good insights, experience and contact in this field, quantity surveyors can look for lucrative opportunities in freelancing or as independent consultants. Career progression is limitless considerable financial rewards for chartered quantity surveyors with. If you seek to impart trainings, you may also explore teaching opportunities in educational institutions promoting this field.Some of the career alternatives for quantity surveyors are:

Architect

Architects use their creativity and practical understanding in designing new buildings and spaces or restoring old structures. They develop plans, concepts and detailed drawings and also negotiate with contractors, builders and planning authorities. Architects may also be involved with interior or landscape design.

Building Technician

They assist in building of houses or commercial projects and usually play a supervisory role. Estimating costs for material, labour and equipment, drafting blueprints using CAD & monitoring building progress are among his key responsibilities.

Economist

They usually perform research & analysis and make recommendations to contractors on matters such as taxes, wages & prices, imports & exports and interest rates. Construction economists help government formulate economic policies and identify opportunities to improve efficiency.

Top Companies

  • Lodha Group
  • KCPL Infra Tech
  • Concorde Group
  • Tata Projects Ltd.
  • Omaxe Ltd.
  • Nirmal Lifestyle Ltd.
  • Cushman & Wakefield