The quantity survey method requires that the appraiser create a detailed inventory of every item of material, equipment, labor, overhead, and fees involved in the construction of a property. This method is not routinely used by appraisers because it is extremely time consuming.
What are the types of quantity surveyors?
There are two types of quantity surveyors as given below;
- Consultant / Professional Quantity surveyor.
- Contractor's Quantity Surveyor / Construction Estimator.
What is quantity survey and estimation?
Therefore, Quantity Survey or estimation is the art or knowledge in which materials quantity and entire cost are determined. It is also generally known as Estimating. Quantity survey plays a vital role in estimation and construction of any relevant project.
