Talk To Quantity Surveyors About Construction Costs And Project Developments - Properties - Nairaland
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| Talk To Quantity Surveyors About Construction Costs And Project Developments by olumide4christ: 4:00pm On Jan 01, 2016 |
[b]Happy New Year to All Nairalanders! It is to the glory of God and by His mercies that we are privileged to cross over into the New Year. I wish you a prosperous and fruitful year 2016. I am an experienced Quantity Surveyor with over 10 years’ experience. For a very long time now, I have beheld with amazement the fact that so many people come on the Properties section of this forum to ask questions about issues relating to costs for their proposed projects and in response, some who don’t know much about construction costs and economics give uninformed and misleading advice which in the long run, without any gainsaying, will lead the enquirers on the wrong path and in turn result to wasted funds and abandoned projects. Some others don’t even get satisfactory answers to their genuine questions. Some members don’t even know who are the right people or professionals to direct their enquiries on construction costs to. Indeed, many have never heard of Quantity Surveyors, let alone knowing the roles they play in the construction industry. Even when some Nairalanders have asked about Quantity Surveyors on this forum, many have been referred to Architects and/or Builders for help. It is a known fact that cost and availability of funds is the major determinant factor in the successful commencement and completion of any project. So therefore, if the costs and economics aspect of projects are not right from the beginning, the projects will most likely fail i.e. the projects may be abandoned or completed at a much higher cost and in a longer period of time than originally planned. This will definitely be bad news for those who are building for investment, considering the time value of money. Quantity Surveyors are the trained specialists in all issues concerning construction costs and economics and as such, have the requisite knowledge to proffer expert advice on such issues. As such, in the construction industry, the Quantity Surveyor is the professional/expert recognized and saddled with the responsibility of dealing with all cost-related and procurement-related issues. In perfect situations, they stand as the mediator or umpire between the project client and the contractor. I have therefore decided to open this thread in order to achieve the following objectives: 1. Provide solutions to the questions and needs of Nairalanders in the areas of costs and project management. 2. Enlighten Nairalanders about the services provided by professional Quantity Surveyors and how they can add immense value to construction projects. 3. Bring up targeted topics for discussion which would expose to Nairalanders how various decisions taken before and during a project can drastically affect the costs of their projects. 4. Encourage Nairalanders to engage professional Quantity Surveyors on their projects. (There are over 3000 professionally qualified quantity surveyors in Nigeria presently). There is so much to discuss and talk about as we go on in this thread. You would be amazed at how much Quantity Surveyors can do in providing value on construction projects and how everyone involved in the building and civil engineering industry needs them, in variety of ways. I will pause a bit here before I bring up the 1st topic on what Quantity Surveying is all about and what it can do for you. I eagerly await questions on this thread on anything and everything about construction costs and project management from everyone; contributions from the construction gurus and everyone else in the house are very much welcome. The construction industry is a multi-faceted, dynamic, ever-changing one, so therefore, no one knows it all. You are Welcome on board!! Olumide [/b] 7 Likes |
| Re: Talk To Quantity Surveyors About Construction Costs And Project Developments by mysyto(m): 4:17pm On Jan 01, 2016 |
Hiiiiii |
| Re: Talk To Quantity Surveyors About Construction Costs And Project Developments by Drmola: 5:09pm On Jan 01, 2016 |
Hi, How far will 4m go for either of these two A standard twin 3 bedroom flat or a 4 bedroom bungalow with a visitors toilet and a study |
| Re: Talk To Quantity Surveyors About Construction Costs And Project Developments by olumide4christ: 5:47pm On Jan 01, 2016 |
Drmola: It all depends on your design, location, topography of your site; all these factors can increase or decrease the cost of your project. Have this at the back of your mind as your plan to embark on your project. Have you gotten your architectural drawing yet?? If not, you would need to commission an architect to get you a design which can then be costed by quantity surveyors afterwards. However to answer your question, N4 million will not complete either of them, but may go at least halfway, depending on the method of procurement (traditional, direct labour, etc - I will talk on these extensively at a later time on this thread) you want to use. Shalom. 3 Likes |
| Re: Talk To Quantity Surveyors About Construction Costs And Project Developments by Nobody: 6:24pm On Jan 01, 2016 |
Please how long can a roof stay before installing the aluminium. Can I fix the wood work and wait a while before the roof itself |
| Re: Talk To Quantity Surveyors About Construction Costs And Project Developments by olumide4christ: 6:44pm On Jan 01, 2016 |
justjeff: It is not advisable to erect your roof timber carcass and leave it for a while before fixing the aluminium roof covering. Leaving your roof carcass for a while exposes it to the effect of the weather elements which will eventually cause rot, sagging, etc and will reduce the lifespan of the timber carcass, even after covering the roof with aluminium. The best option is always - install your roof carcass when you are ready to install your roof covering (aluminium). Plan for the cost of both items and do them at once sequentially. Shalom. 4 Likes |
| Re: Talk To Quantity Surveyors About Construction Costs And Project Developments by olumide4christ: 12:13am On Jan 02, 2016 |
Greetings Nairalanders, Please feel free to ask your burning questions on various project cost issues. We are very much available to answer them. Wishing God's speed as you commence and complete your projects this year. Regards. |
| Re: Talk To Quantity Surveyors About Construction Costs And Project Developments by olumide4christ: 1:39pm On Jan 02, 2016 |
Greetings Nairalanders, hope you are having a nice weekend. Here is my 1st topic as promised yesterday. QUANTITY SURVEYORS - THE 5 ‘W’s This topic will discuss the 5 basic questions about QUANTITY SURVEYORS – WHO, WHAT, WHY, WHEN, WHERE The purpose of this discourse is to enlighten members of this forum about the professional Quantity Surveyor and what he/she stands for. WHO IS A QUANTITY SURVEYOR? The Financial Cost Consultant of the construction industry who is trained to - give professional advice on construction costs, contractual arrangements and prepare contract documentation for projects. An expert who manages all costs and cost-related issues relating to building and civil engineering projects from conception stage to completion stage. 1 Like |
| Re: Talk To Quantity Surveyors About Construction Costs And Project Developments by olumide4christ: 1:41pm On Jan 02, 2016 |
WHO NEEDS A QUANTITY SURVEYOR? All parties directly or indirectly involved in any construction project need the services of a Quantity Surveyor. These include, but not limited to: Building Clients – Individuals, Corporate Organizations, Ecclesiastical Organizations, Government Organizations, etc. Consultants – Architects, Engineers Contractors – General and Specialist Loan Services Providers – Commercial banks, Mortgage banks Insurance Companies 1 Like |
| Re: Talk To Quantity Surveyors About Construction Costs And Project Developments by Flets: 1:51pm On Jan 02, 2016 |
What will be your quick estimate for 4nos x 4 Bedroom terrace Duplexes with average finishing and all rooms ensuite. Assume a raft foundation will be required. |
| Re: Talk To Quantity Surveyors About Construction Costs And Project Developments by McDandy1: 2:22pm On Jan 02, 2016 |
Everyone in Nigeria believe he/she knows everything about building design and construction that is why we have a lot of abandoned projects everywhere. If professionals are properly engaged clients will get value for money. People are asking for cost of building a structure without having an idea of dimensions & other parameters, the QS isn't a magician or sorcerer we only work on information given and market factors. It really cost less to employ the services of architect, civil Engr, QS, ME Engrs because they will look at your budget and advise you on methodology and alternative materials. 1 Like |
| Re: Talk To Quantity Surveyors About Construction Costs And Project Developments by enygmababe: 2:47pm On Jan 02, 2016 |
olumide4christ: Hi, Thank you for this invitation. Thank you very much. |
| Re: Talk To Quantity Surveyors About Construction Costs And Project Developments by Flets: 3:06pm On Jan 02, 2016 |
McDandy1: Wouldn't it be nicer to allow olumide4christ respond to the half queries as they come? Or are you same as the OP as I see you just registered 3 days and already having a go at why there are uncompleted buildings everywhere. There are ballpack and generic estimates without sufficient estimate basis. Its left for the QS to qualify his estimates highlighting the vulnerabilities that can only be cleared with sufficient details. This would even attract him more businesses rather than telling a potential customer to either provide all details or go to hell. 2 Likes |
| Re: Talk To Quantity Surveyors About Construction Costs And Project Developments by halfcurrent(m): 3:52pm On Jan 02, 2016 |
@olumide, pls send me your contact on 08182206105 |
| Re: Talk To Quantity Surveyors About Construction Costs And Project Developments by McDandy1: 5:06pm On Jan 02, 2016 |
Flets:@Flet, We are all here to learn. Saying I registered 3 or so days again doesn't mean anything. If you're in anyway offended by my comment, it's just my view and it's not directed to anyone in particular. Also, if one has additional information on a subject one can add without being the OP as long as it's constructive. We all have various experiences in our fields and I believe we are here to help ourselves out. 5 Likes |
| Re: Talk To Quantity Surveyors About Construction Costs And Project Developments by olumide4christ: 8:43pm On Jan 02, 2016 |
Flets: [b]@Flets, Thanks for your enquiry. I have answered a similar question like this asked by 'Drmola' earlier in this thread. It all depends on your design, location, topography of your site AND ALSO IN YOUR CASE, how many floors your 'terrace duplex' is, you didn't mention this; all these factors can increase or decrease the cost of your project and information about them will also help the QS to make accurate estimates. Have this at the back of your mind as your plan to embark on your project. However, before I answer your question, let me also explain something - you mentioned 'terrace duplex'.... that phrase is misleading as far as buildings are concerned. We either have - DETACHED DUPLEX (STAND-ALONE), SEMI-DETACHED DUPLEX (2 IDENTICAL HOUSES IN ONE BLOCK), TERRACE HOUSES (2 OR MORE IDENTICAL APARTMENTS ON 2 OR 3 FLOORS, ALL IN ONE BLOCK). You will need to clarify what you are talking about as there is nothing like a terrace duplex! However to answer your question, if I assume that you are talking about terrace houses (4 No. apartments in 1 block on 2 floors on a total floor area of 350m2 per apartment), N90 million should be okay for the 4 apartments, depending on the method of procurement (traditional, direct labour, etc - I will talk on these extensively at a later time on this thread) you want to use AND ALSO, depending on the factors earlier mentioned in 3rd paragraph above. NOTE that the figure above is AN ESTIMATE based on scanty info you have provided, NOT ACTUAL! Shalom.[/b] |
| Re: Talk To Quantity Surveyors About Construction Costs And Project Developments by olumide4christ: 8:46pm On Jan 02, 2016 |
McDandy1: Well @Mcdandy1, you are correct. It costs less and brings out the best in quality to engage professionals on projects. However, its not all bad news. So many clients out there (individuals and corporate organisations), whether they are knowledgeable or not, still make great use of professionals on their projects and they are reaping the full dividends of such wise decisions. Thus, with God's favour, there will always be work for professionals to do, inspite of the DIY syndrome being practiced by many out there. As per the issue of estimate without design/dimensions/parameters, that's quite common here on Nairaland. The best we can do is to give the disclaimer - THIS IS JUST AN ESTIMATE, SUBJECT TO YOUR LATER DETAILS! 1 Like |
| Re: Talk To Quantity Surveyors About Construction Costs And Project Developments by olumide4christ: 9:03pm On Jan 02, 2016 |
enygmababe: [b]@ Enygmababe, thanks for your enquiries... I'm sorry I can't give you even an estimated figure because I don't have your dimensioned/detailed drawings. Only with that, alongside your required specifications in terms of finishing can we determine what it will cost to complete your project or even tell you how much your roofing will cost. I mentioned this recently on some other thread were the OP was asking for costs to construct a particular building. Determining costs of construction is scientific, not guesswork. It can only be accurately determined with details (drawings, etc). Anyone who will begin to list quantities of materials or costs for you here without seeing or working with your drawings (like is the case with some people on this forum) is only doing guesswork AND only trying to market himself/herself, get you into engaging & mobilizing him/her as a contractor and when they get to a stage where the erroneous figure they told you can no more complete the work, they come to you asking for more and if you refuse, they abandon you. This is wisdom for you and all those who care to listen! So if your drawings are available, we can talk and get the work done. IT IS WELL![/b] |
| Re: Talk To Quantity Surveyors About Construction Costs And Project Developments by enygmababe: 1:12am On Jan 03, 2016 |
olumide4christ: Thank you. In that case could you please edit my comment. I would get to you via whatsapp. Once again....thank you for the detailed response |
| Re: Talk To Quantity Surveyors About Construction Costs And Project Developments by olumide4christ: 1:19am On Jan 03, 2016 |
halfcurrent: Its been sent to your number. You can also get the details in my signature below. |
| Re: Talk To Quantity Surveyors About Construction Costs And Project Developments by olumide4christ: 1:28am On Jan 03, 2016 |
[b]Greetings Nairalanders, Here is the next part of my current topic - QUANTITY SURVEYORS - 5Ws: WHAT DOES A QUANTITY SURVEYOR DO? A Quantity Surveyor provides a wide range of services within the construction industry, but I’ll enumerate some of them here, stating those who need them and expansiate on them later in subsequent discussion topics. These services are, but not limited to the following: Project feasibility and viability studies - Project client Preliminary cost advice (budget estimate) – Project client Cost Planning and Design/Cost Control – Project client, Architect Advice on choice of procurement system/method – Project client Preparation of Bills of Quantities & Material Schedules – Project client, Contractor, Architect, Engineer, Loan services provider (Commercial & Mortgage Banks) Preparation of Contract Documentation – Project client Tender/Bid Analysis and Reporting - Project client Tender Negotiation - Project client, Contractor Bid Preparation (Estimating, Pricing of Tender Bills of Quantities) – Contractor Cash flow forecasting - Project client, Contractor Project Milestone Breakdown/Analysis – Contractor Preparation of Work Programme (Scheduling and Planning) - Project client, Contractor[/b] |
| Re: Talk To Quantity Surveyors About Construction Costs And Project Developments by olumide4christ: 1:41am On Jan 03, 2016 |
[b]WHAT DOES A QUANTITY SURVEYOR DO? ....CONTINUED Contract Administration - Preparation of Interim Valuations of Works done - Project client, Contractor Contract Administration – Preparation of Periodic Financial Statements – Project Client Contract Administration – Assessment and Valuation of Variations - Project client, Contractor Contract Administration – Preparation of Final Accounts at project completion Contract Administration – Management of Resources Procurement - Project client, Contractor Project Management – Project Client Projects Controls Engineering – Project Client Preparation of Valuations for Insurance Purposes – Insurance firms Provision of Construction Loan Assessment and Monitoring services – Commercial & Mortgage Banks Construction Contract Auditing – Corporate organizations, Government organizations, Ecclesiastical organizations, Cooperatives, NGOs, etc. Technical Auditing – Project client, Corporate organizations, Government organizations, Ecclesiastical organizations, Cooperatives, NGOs, etc. Life Cycle Costing – Project client Property condition appraisals – Individuals, Corporate organizations, Government organizations, Ecclesiastical organizations, etc. Arbitration - Project client, Contractor PLEASE NOTE - - The services listed above can be provided by professional Quantity Surveyors; however, some Quantity Surveyors are more knowledgeable and experienced in some of these services than others, due to their level of exposure, interests and work experience per time. In other words, it is not every Quantity Surveyor that can provide all the services listed above. - For purposes of clarity and understanding, the above services mentioned above shall be outlined and briefly explained in a subsequent topic on this thread Please STAY TUNED TO/FOLLOW/BOOKMARK THIS THREAD! Remain blessed, All and Good Night!![/b] 2 Likes |
| Re: Talk To Quantity Surveyors About Construction Costs And Project Developments by olumide4christ: 1:47am On Jan 03, 2016 |
"It is wise and pays in the long run to make use of professionals on your projects." |
| Re: Talk To Quantity Surveyors About Construction Costs And Project Developments by olumide4christ: 6:24pm On Jan 03, 2016 |
[b]Greetings Nairalanders, Here is the 4th part of my current topic - QUANTITY SURVEYORS - 5Ws: WHY DO YOU NEED A QUANTITY SURVEYOR? To ensure the project client gets optimum value for money at the best possible cost. To proffer unbiased advice to the client on cost matters (the Quantity Surveyor usually has no vested interest in the actual construction of the project, unlike the contractor or builder) To prevent loss and wastage of the project client’s resources – time, money, materials. To avoid failed projects i.e. projects that are abandoned or completed at a much higher cost and in a longer period of time than originally planned. To ensure maximized profit for the contractor through legal means and minimize losses (if any) to the barest minimum. To protect the interests of financial stakeholders in any project. To enhance financial probity and transparency in construction contracts. To ensure smooth running of the project process from conception to completion NEXT...The concluding part of - QUANTITY SURVEYORS - 5Ws Please STAY TUNED TO/FOLLOW/BOOKMARK THIS THREAD![/b] |
| Re: Talk To Quantity Surveyors About Construction Costs And Project Developments by johnson232: 8:12pm On Jan 03, 2016 |
olumide4christ:Sir is the 90m for just four flats? Or for four separate buildings with four flats in each one? |
| Re: Talk To Quantity Surveyors About Construction Costs And Project Developments by olumide4christ: 11:27pm On Jan 03, 2016 |
johnson232: A terrace house in this case, is 4 identical single-dwelling buildings (apartments) built on 2 or 3 floors, but all combined together in one single block, with each buildings seperated from each other by a party wall. See a sample in the picture below. Like I told the person who asked the question, he has given very few details to work with, so he can't get an accurate figure, but simply an estimate. All those who give detailed estimates of materials and labour on this forum without seeing any drawings are not being realistic and will only mislead the person requesting for information. 1 Like
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| Re: Talk To Quantity Surveyors About Construction Costs And Project Developments by olumide4christ: 12:33am On Jan 04, 2016 |
"Avoid wastage; Avoid being shortchanged; Obtain optimum value for money; involve professional Quantity Surveyors on your projects today!!" |
| Re: Talk To Quantity Surveyors About Construction Costs And Project Developments by olumide4christ: 11:00am On Jan 04, 2016 |
Good morning Nairalanders! What is a FAILED PROJECT? A project that is abandoned due to lack of funds to complete it; A project that is completed at a much higher cost than originally planned; A project that is completed within a much longer period of time than originally planned; A project that when completed, fails to meet the owner's expectations in terms of quality. DOES ANY OF THE ABOVE DESCRIBE THE CURRENT STATUS OF YOUR PROJECT?? AVOID FAILED PROJECTS! TALK TO PROFESSIONAL QUANTITY SURVEYORS TODAY! |
| Re: Talk To Quantity Surveyors About Construction Costs And Project Developments by olumide4christ: 3:10pm On Jan 04, 2016 |
[b]Greetings Nairalanders, Here is the concluding part of my current topic - QUANTITY SURVEYORS - 5Ws: WHEN DO YOU NEED A QUANTITY SURVEYOR? AT THE CONCEPTION STAGE – When the client conceives the idea of putting up a specific building or civil engineering structure AT THE DESIGN AND PLANNING STAGE – The Quantity Surveyor’s inputs at this stage - helps to produce a most cost-effective design for the client; helps the client decide on the best way to procure the proposed project (procurement methods) AT THE CONSTRUCTION STAGE – The Quantity Surveyor provides overall cost control during the project execution, in order to keep all costs within the client’s budget. WHERE ARE QUANTITY SURVEYORS NEEDED? In Private and Public Organizations In all construction-related endeavours Thanks for taking out time to read. NEXT TOPIC WILL BE...........SERVICES PROVIDED BY QUANTITY SURVEYORS It promises to be an eye-opener! Please STAY TUNED TO/FOLLOW/BOOKMARK THIS THREAD![/b] |
| Re: Talk To Quantity Surveyors About Construction Costs And Project Developments by olumide4christ: 3:24pm On Jan 04, 2016 |
Your comments and questions are welcome!! |
| Re: Talk To Quantity Surveyors About Construction Costs And Project Developments by olumide4christ: 9:17pm On Jan 04, 2016 |
Are you planning to embark on a construction project this year? Do ensure you engage professionals (Architect, Quantity Surveyor, Engineer) on your project; it pays in the long run! Don't start that project without the Quantity Surveyor guiding you concerning the costs and your budget.... it pays in the long run! |
| Re: Talk To Quantity Surveyors About Construction Costs And Project Developments by olumide4christ: 12:32am On Jan 05, 2016 |
Greetings Nairalanders, Please feel free to ask your burning questions on various project cost issues. We are very much available to answer them. Wishing God's speed as you commence and complete your projects this year. Regards. |
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