Role of Maintenance Personnel in Procurement
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Role of Maintenance Personnel in Procurement Course
Introduction:
Quantity surveying is an exciting and dynamic profession that blends commercial and management expertise with a deep understanding of the construction industry. As cost consultants and project procurement specialists, quantity surveyors are involved in various aspects of construction cost and contract management throughout a project's lifecycle.
One of the key roles of a quantity surveyor is to provide advice on the financial implications of a construction project from its initial concept to its completion. They play a crucial role in helping stakeholders make informed decisions by evaluating and assessing the financial feasibility of different options and providing recommendations on procurement strategies.
Throughout the project's journey, from the design phase to the commissioning of the completed project, quantity surveyors are actively involved in managing costs and contracts. They meticulously analyze and monitor project budgets, ensuring that expenditures align with the allocated resources and that financial targets are met. In case of any discrepancies or disputes, quantity surveyors also play a vital role in settling financial and contractual matters, utilizing their expertise to find fair and equitable solutions.
In addition to their financial responsibilities, quantity surveyors also contribute to project sustainability and risk management. They assess and mitigate potential risks associated with costs, contracts, and procurement, ensuring that projects are delivered within budget and on schedule.
The profession of quantity surveying requires a diverse skill set that combines technical knowledge, analytical abilities, and strong communication skills. Quantity surveyors collaborate closely with various stakeholders, including architects, engineers, contractors, and clients, to ensure successful project outcomes.
As the construction industry continues to evolve, quantity surveyors are at the forefront of driving innovation and implementing best practices. Their expertise in cost estimation, contract administration, and procurement strategies is invaluable in achieving project success and maximizing value for all parties involved.
Embarking on a career in quantity surveying offers a unique blend of challenges and rewards. It provides an opportunity to make a significant impact on construction projects, contributing to their financial viability, efficiency, and overall success. Whether it's managing costs, advising on procurement options, or resolving contractual disputes, quantity surveyors play a vital role in shaping the built environment.
Course Objectives:
With a qualification in quantity surveying career possibilities include contracting or private quantity surveying, building surveying, construction management or consultancy, accountancy and financial services management or estate management. International opportunities may also be possible within the field.
Who Should Attend?
The diverse knowledge areas of the course make it very useful for many project management and engineering staff either working in the core project control areas or planning to move to other relevant areas engineering and construction areas. For group project control senior staff, the course will provide a good refreshment and sharpening of the working skills and knowledge base.
Course Outlines:
Quantity Surveying Interim Payment Applications
- Supplier’s certificate of payment
- Variations
- Take-off quantities from drawings
- Retention
- Final account
Project Financial Management Project Payment Record
- Cash flow inflow & outflow
- Bill of quantities
- Budgets
- Project cost control system
- Cost to complete
Contracts & Commercial Different Types Of Contracts
- Contract terms and conditions
- Different types of sub-contract
- Agreements
- Fedics clauses
- Types of insurances, bonds & guarantees
- Project documentation