VIEWPOINT
3 BASIC MEASUREMENT SKILLS This topic will give you an overview of the structure of the construction industry in Australia, and the role of the Quantity Surveyor at the different stages of a building project. You will learn about the function and use of a Bill of Quantities (BoQ), which is commonly used in the industry, and the processes and procedures required for its preparation. This topic is divided into seven sections that cover the following: 1.
An understanding of the role of a Quantity Surveyor
2. An understanding of the principles, use, type, format and preparation of a Bill of Quantities (BoQ) 3. An understanding of the principles, structure and use of the Australian Standard Method of Measurement of Building Works (ASMMBW)
working in a contracting or development environment, but commercial considerations and tendering strategies will form additional components which will need to be factored into the final estimate and/or tender. This topic is divided into seven sections that cover the following areas: 1.
2. Understand the various types of estimates
4. Identify the data required to prepare an estimate 5. Be able to apply the appropriate estimating technique to suit the stage of project development 6. Carry out updates to the estimate for variations and scope changes 7.
6. An understanding of the different techniques of measurement
4 PREPARING ESTIMATES This topic deals with cost estimating from the viewpoint of a Quantity Surveyor (QS) working in a professional office and advising a client. The basic principles remain the same for those
Understand the need to supplement the estimate with a forecast cash flow
5 PREPARE PROGRESSIVE FINANCIAL REPORTS DURING CONSTRUCTION PHASE
5. An understanding of the setting out and usage of measurement papers
An understanding of the descriptions of BoQ items, set out dimensions and side calculations
6 DISPUTE RESOLUTION PROCESSES
3. Be aware of the cost components of an estimate
4. The ability to use the ASMMBW for the preparation of a BoQ
7.
Appreciate the difference between cost estimating and cost planning
This topic looks at preparing financial reports during construction, and will use simple separate schedules to demonstrate each point. The topic is divided into four sections that cover the following areas: 1.
Introduction
2. Analyse required financial information 3. Report levels 4. Conclusion
44 - DECEMBER 2017 - THE BUILDING ECONOMIST
This topic considers the perspective of a Quantity Surveyor working as a consultant or employee of the Client to a construction contract (sometimes known as the “Principal”, “Owner” or the “Employer”). However, it is equally likely that a Quantity Surveyor could be engaged by the contractor. The principles in this topic should enable a Quantity Surveyor to undertake either role. The topic is divided into four sections that cover the following areas: 1.
Appreciate the importance of the contract provisions to the manner in which disputes are resolved
2. Describe the different processes of dispute resolution 3. Make recommendations as to appropriate dispute resolution procedures for a particular dispute 4. Provide appropriate support in dispute resolution
7 RECOMMEND PROGRESS PAYMENTS This topic deals with the recommendation