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INTRODUCTION
The challenges consist of the changes of the demand of the market, unstable economic
condition in the construction industry as well as competition from other professionals. In
order to survive upon these challenges, the QSs should alter their own roles to adapt with the
challenges. Diversification of the services is an essential tool to suit with the increasing
demand from the market. On the other hand, since the construction industry is in unstable
condition which threatens the quantity surveying profession, there is a need for the QSs to
explore into other sectors. It is an ideal way to sustain and safeguard their long-term future.
As the project keeps progressing and the following are feasible to happen such as
disputes in between the main contractor and the project owner (employer). Besides that, the
conflict of designs as a results of the human errors and also the missing components in the
drawing that will be resulting to faulty implementation on site. Apart from that, the tough
decisions that will be made are tremendously putting the situation more in tension if these are
not properly imposed during the operation of a certain construction activity. When it comes to
project cost, there are some scenarios that the parties (contractor and employer) are disagrees
on the issue too. So there are the challenges in the Quantity Surveying profession.
a) Pre-Contract
1.
Tendering for & winning jobs that have sustainable returns in a highly
competitive market.
2. Estimating reliably when based on poorly documented design information.
3. Cost data integrity and reliability of cost advice
4. Accuracy of budgeting & cash flow forecasting
5. Effective contract negotiation
6. Appropriateness of contingency/ risk margins and allocations
7. Prediction of market trends and their impacts on proposed project.
8. Gaining and sustaining clients confidence.
9. Adequacy of tender & contract documentations.
10. Resolving tags in tender evaluation.
11. Keeping up with revisions in fast-paced design development.
The most critical pre-contract phase challenges are relating to the quality of
the design documentation and the employers preference for the lump sum fixed price
contract and lowest cost conforming bid. According to the quality of the design
documentation, the challenges are all about the poor quality of the design including
drawing and specifications.
i.
The view of the construction clients, especially in public sector clients that
prefer lump sum fixed price contracts, an open and competitive tendering process and
operate a lowest cost conforming bid procurement award process. Therefore, many
employers seek to transfer as much risks as possible to the contractor, yet their
the tenderers invest significant resource and effort in preparing and submitting
tenders,
which is wasted if they fail to win the tenders, often with no feedback as to
why they lost the tender. The successful contractor may not be successful in the true
sense of the
word because nature of the contract and lowest cost conforming bid do
is margin that too much will likely means that the job will not
instance. So that the too little margin win the job could result in
b) Construction
1.
2.
3.
4.
5.
6.
7.
8.
9. Record keeping.
10. Communication & reporting
11. Management of information release in fast-tracked & complex projects
12. Cost accounting and control
13. Interim valuations & payments
14. Subcontract claim management
15. Insurance & bonding
16. Reconciling tendering & estimate assumptions with onsite cost realities.
c) Post Construction
1. Agreeing final accounts.
2. Obtaining practical/ final completions & Code Compliance Certificates.
3. Capturing and valuing costs associated with snagging requirements.
4. Management of Defects rectification liability.
5. Retentions release.
6. Cost analysis/ cost modelling.
7. Liquidated & ascertained damages.
8. Arbitration/dispute resolution.
9. Satisfying client - gaining repeat commissions.
10. Documenting and sharing lessons learnt for use in future jobs.
FUTURE CHALLENGES
a)
b)
External Challenges
i.
ii.
iii.
iv.
v.
opportunities that created in the petroleum sector will enable the quantity surveying
profession to survive despite the decline in number and net value of construction contracts.
Building Information Modelling will enhance rather than damage the quantity
surveying profession and it could significantly improve the efficiency and accuracy of
quantity surveying functions, including cost estimating and planning processes. BIM can
automate measurement, speed up traditional estimating process and better capture, manage
and deliver project information.
For the conclusion, the future in Quantity Surveying will be enhanced with the software
that will help the QS in their scope of works. With the addition of field in future as mention
above which is in banking and petroleum (oil and gas), so this software will help and
facilitate the work to be more efficient and effective.
REFERENCES
1)
2)
3)
4)
5)
http://www.clge.eu/documents/events/2/18_s_4_en.pdf
http://construction.massey.ac.nz/NZBERS-2014_proc_fp_OBrien-P_et-al.pd
http://www.watts.co.uk/bim-is-key-to-future-of-qs-profession-says-rics/
https://en.wikipedia.org/wiki/Building_information_modeling
http://www.building.co.uk/rics-bim-will-enhance-qs-role/5066168.article