What is a Quantity Survey?
A Quantity Survey in the construction industry is a detailed analysis and estimation of all parts, materials, and costs associated with a construction project. This process is carried out by a professional known as a Quantity Surveyor. The survey implicates the evaluation of the quantities of materials needed, required labor, groundwork needed, and the overall time frame of the project. The surveyor also considers other variables to provide an accurate cost analysis like the complexity of the project, the potential risks, and the market conditions. In essence, a Quantity Survey helps in strategic planning, cost management and optimization of resources in construction projects.