A Postgraduate (PG) course for Quantity Surveying is for those who wish to make a career in cost estimating, project management as well as construction economics. The introduction covers some of the most important knowledge of cost planning, procurement, risk management, and Contract administration in construction projects, which are discussed in detail in this course. It allows students to have the technical expertise and analytical skills to handle the project cost, use resources efficiently, and meet legal and regulatory standards. In this blog, we will discuss all about PG in Quantity surveying. 

Is Quantity Surveying a Good Degree?

Quantity Surveying is an excellent degree choice for individuals interested in construction, finance, and project management. It offers numerous benefits, which are:

  • Construction Industry High Demand: Quantity surveyors are highly in demand in the private and public sectors as they play a key role in construction projects.
  • Vast Career Opportunity: After the completion of their degree, graduates can work in infrastructure and government projects, real estate, etc.
  • Salary Packages: Quantity surveying is an attractive choice for high salary packages with a chance of growth.
  • Applicable in All Countries: The skills taught in this can be applied in all countries. Hence, it is a globally recognised profession.
  • Infrastructure and Real Estate: As more infrastructure and real estate companies come up, the demand for skilled quantity surveyors remains steady.

PG in Quantity Surveying: Course Overview

The PG programme in Quantity Surveying is organised as a one or two-year course, as done in particular institutions either full-time, part-time or online. It also deals with the theoretical and practical aspects of cost management, project planning and construction law.

Eligibility Criteria:

  • Bachelor's degree in Civil Engineering, Architecture, Construction Management, or related fields.
  • There may be some universities that require relevant work experience in construction or real estate.
  • Some institutions may take entrance exams or interviews.

Core Subjects Covered:

  1. Construction Economics includes understanding market trends, cost estimation, and financial feasibility.
  2. Efficient execution of construction projects happens through project management that involves both planning and scheduling alongside efficient management.
  3. The management of expenses, along with budgeting practices, financial forecasting and expense tracking, forms the basis of cost estimation and control.
  4. Procurement and Tendering include the procedures for tendering together with bidding strategies and procurement methods.
  5. Building Information Modeling (BIM) stands as a technological approach for designing projects alongside executing them through advanced software applications.
  6. Risk Management serves to detect financial and operational risks and establishes methods to minimise their effects.

Career Opportunities After PG in Quantity Surveying

Graduates from this programme have multiple career paths in the construction and real estate sectors, including:

  • Quantity Surveyor: Managing costs and contracts in construction projects.
  • Cost Consultant: Advising clients on financial and contractual aspects of building projects.
  • Project Manager: Overseeing construction timelines, budgets, and quality control.
  • Procurement Manager: Handling supplier selection, contract negotiation, and purchasing decisions.
  • Construction Manager: Supervising on-site operations and ensuring compliance with project specifications.
  • Risk Analyst: Identifying potential project risks and developing mitigation strategies.

Industries Hiring Quantity Surveying Professionals

  • Construction and Real Estate Firms
  • Government Infrastructure Projects
  • Consultancy Firms
  • Oil and Gas Industry
  • Renewable Energy and Sustainability Projects

Future Trends in Quantity Surveying

  • Advanced analytics and Artificial Intelligence: In the case of cost estimates & project forecasts, there is integration of large data.
  • Green Building Standards: It is beginning to affect the quantity surveying methodology.
  • Digital Tools and BIM Adoption: Enhanced project management through digital platforms and Building Information Modeling.
  • Quantity surveyor Job will Grow Further by Demand: There will be a growing demand of specialist quantity surveyor as a result urbanisation.

To Wrap it Up!

Quantity surveying is a very rewarding career path in construction cost management and project planning and therefore an excellent career direction is the award of a PG in Quantity Surveying. Having passed over time, there are evolving industry trends and technological advancements that accompany the need for the quantity surveyors, who are still as indispensable to the development of infrastructure and real estate projects. This profession is very valuable and future proof because of the combination of financial and technical expertise.

If you wish to have a versatile career in this industry then enrolling yourself in a PG programme in Quantity Surveying could help you work in different realms of India as well as all over the world.