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QUANTITY SURVEYING AND VALUATION
Contents
Preface
1 The work of the quantity surveyor
Introduction
A changing industry
Construction sectors
The role of the quantity surveyor
Skills, knowledge and understanding
What’s in a name ?
2 Education, training and employment
Introduction
Chronology of quantity surveying education 1960-2012
Quantity surveyors in education
Partnership and accreditation
Non-cognate disciplines
Vocational experience and qualifications
Assessment of professional competence
Continuing professional development
Construction industry council
Changing work patterns
The professions
Role of the RICS
3 Organization and management
Introduction
Staffing
Office organization
Employer’s responsibilities
Public relations and marketing
Quality management
Time and cost management
Developing staff and skills
Finance and accounts
4 The quality surveyor and the law
Introduction
The quality surveyor and the client
Collateral warranties
Performance bonds
Professional indemnity insurance
Contracts of employment
Equality act 2010
5 Research and innovation
Introduction
RICS
Classification of research and development
Research and development in the construction and property
Industries
Rethinking construction innovation and research
Changing role of the quantity surveyor
Research and development in quantity surveyor
Research and development in quantity surveying practice
Academic research
Research dissemination
The importance of change
Innovation
Conclusions
6 Cost control
Introduction
Project cost control
Cost advice
New rules of measurement (NRM)
Precontract estimating methods
General considerations
Accuracy of approximate estimates
Preparing the approximate estimate
Whole life costing
Value management
Risk analysis
Best value
Taxation
Financial assistance for development
Post-contract methods
7 Whole life costing
Introduction
Brief history
Government policy
Whole life value
Whole life costing applications
Main factors to consider
Targeting the major elements of costs-in-use
Deprecation and obsolescence in buildings
Long life, loose fit and low energy
Calculations
Forecasting the future
Whole life cost forum
Conclusions
8 Value management
Introduction
Background
Terminology
When should surveyors use value management?
The application of value management
Function analysis
Supporting the case for value management
Professional development and accreditation
9 Risk management
Introduction
When should surveyors use risk management
The application of risk management
Risk analysis
Risk registers
Expected monetary value ( EMV)
Simulation (quantitative risk analysis)
Risk management
Appraisal of risk allocation
Marging risk management and value management
Opportunity?
10 Procurement
Introduction
General matters
Standard forms of contract
Methods of price determination
Contractor selection and appointment
Procurement options
Contact strategy
Client procurement needs
Partnering
The private finance initiative (PFI)
The role of the quantity surveyor
11 Contract documentation
Contract documents
Coordinated project information
Form of contract
Contract drawings
Schedules
Contract bills
Methods of measurement
Contract specification
Schedules of rates
Master programme
Information release schedule
Discrepancies in documents
12 preparation of contract bills
Appointment of the quantity surveyor
Receipt of drawings
Taking-off
Contract bills
Invitation to tender
Receipt of tenders
E- tendering
13 Cost management
Introduction
Valuation on insolvency
Cost control and reporting
14 Final accounts
Introduction
Variations
Procedures for measurement and evaluation
Pricing variations
Provisional sums
Fluctuations
Materials
Completing the account
Audit
Timing and resources
Case study
15 Insolvency
Introduction
The role of the quantity surveyor
scenario
the role of the liquidator
Determination of contract
Provision in the forms of contract
Factors to consider at insolvency
Completion of the contract
The employer’s loss
Expenditure involved
Termination of contract (employer insolvency)
Insolvency of the quantity surveyor or architect
Performance bonds
16 Contractual disputes
Introduction
Why disputes arise
Litigation
Arbitration
Adjudication
Alternative dispute resolution
Conclusion
Expert witness
Lay advocacy
Claims
17 Project management
Introduction
Justifying project management by adding value
Terminology
Attributes of the project manager
Duties and responsibilities of the project manager
Quantity surveying skills and expertise
Fees
Education and training for the project manager
18 Facilities management
Introduction
The work of the facilities manager
Sustainability
Facilities management opportunities for the quantity surveyor
Education and training for the facilities manager
19 Emergent themes: sustainability and BIM
Introduction
Background
Quantity surveying and sustainability
Zero carbon
Building information modeling (BIM)
BIM use within the industry
Index