These are the Top Construction Companies of the World as of April 2010 based on no1construction.com
VINCI is No.1 Construction Company of FRANCE and the WORLD
BECHTEL is No.1 Construction Company of the U.S.
HOCHTIEF is No.1 Construction Company of GERMANY
CCCC Ltd is No.1 Construction Company of PRC
ACS is No.1 Construction Group of SPAIN
SKANSKA is No.1 Construction Company of SWEDEN
TAISEI is No.1 Construction Company of JAPAN
SAIPEM is No.1 Construction Company of ITALY
STRABAG is No.1 Construction Group of AUSTRIA
BALFOUR BEATTY is No.1 Construction Company in the U.K.
ROYAL BAM GROUP is No.1 Construction Group of NETHERLANDS
LEIGHTON is No.1 Construction Group in AUSTRALIA
AKER SOLUTIONS is No.1 Construction Company in NORWAY
ENKA is No.1 Construction Company of TURKEY
SNC-LAVALIN is No.1 Construction Company of CANADA
HYUNDAI E&C is No.1 Construction Group in S.KOREA
LARSEN&TOUBRO is No.1 Construction Group of INDIA
YIT is No.1 Construction Company of FINLAND
ODEBRECHT is No.1 Construction Company of BRAZIL
CCC is No.1 Construction Company of the MIDDLE-EAST
ORASCOM is No.1 Construction Group in EGYPT
MURRAY&ROBERTS is No.1 of S.AFRICA
ELLAKTOR is No.1 Construction Group of GREECE
MTHOJGAARD is No.1 Construction Company of DENMARK
SHIKUN & BINUI ARISON Group is No.1 in ISRAEL
BUDIMEX is No.1 Construction Group in POLAND
JULIUS BERGER is No.1 Construction Company in NIGERIA
GRANIT is No.1 Construction Company of MACEDONIA
Tuesday, July 27, 2010
Monday, July 26, 2010
What is a Quantity Surveyor
According to Wikipedia, "a quantity surveyor (QS) is a professional working within the construction industry concerned with building costs".
Just what the Quantity Surveyor's do? below are the basic job description of a Quantity Surveyor.
1. The preparation of Bills and/or Schedules of Quantities of materials, labour and services required in the construction and equipment of building, or engineering works, and;
2. The preparation and valuation of progress and final payments in connection with any contract or sub-contract, and;
3. The appraisal of the value of proposed constructions or other structures already erected, and;
4. The preparation of specifications when required so to do, and;
5. Acting as arbitrator in cases of dispute in connection with building, or engineering work, when required so to do, and;
6. To advise from time to time on cost management, or value management.
7. To carry out such other duties as may properly be those of a Quantity Surveyor.
So just what does a Quantity Surveyor do and how do you become one? Basically, the Quantity Surveyor is the person responsible for figuring out just what a building is going to cost and in some cases for making sure that construction costs and production are managed as efficiently as possible. In some of today's projects there may be many millions of dollars involved.
A Quantity Surveyor can identify and collate the costs involved in order to develop an overall budget for any project. They can then undertake cost planning which aims to help all members of the design team arrive at practical solutions and stay within the project budget. It is the final detailed estimate prepared by the Quantity Surveyors, in consultation with a project architect, which forms a basis on which subsequent tenders can be evaluated. Schedules of quantities translate the drawing, plans and specifications produced by the design team to enable each contractor to calculate tender prices fairly, on exactly the same basis as the competitors.
Once tenders have been accepted, the Quantity Surveyor can provide cash flow data to enable a client to programme his resources adequately to meet contract commitments. In other words, the Quantity Surveyor decides how much of a job should be paid for at any one time. With interest rates the way they are, no one wants to hand over money before it is due.
In most construction contracts, the contractor is paid monthly and the Quantity Surveyor can value the work carried out each month submitting a recommendation for certified payment.
The Quantity Surveyor can also be called on to assess cost effects when changes occur and agree on variation with contractors.
Following completion of a contract, the Quantity Surveyor prepares a statement of final account, summarizing the cost charges that have occurred and arriving at a final contract sum.
Just what the Quantity Surveyor's do? below are the basic job description of a Quantity Surveyor.
1. The preparation of Bills and/or Schedules of Quantities of materials, labour and services required in the construction and equipment of building, or engineering works, and;
2. The preparation and valuation of progress and final payments in connection with any contract or sub-contract, and;
3. The appraisal of the value of proposed constructions or other structures already erected, and;
4. The preparation of specifications when required so to do, and;
5. Acting as arbitrator in cases of dispute in connection with building, or engineering work, when required so to do, and;
6. To advise from time to time on cost management, or value management.
7. To carry out such other duties as may properly be those of a Quantity Surveyor.
So just what does a Quantity Surveyor do and how do you become one? Basically, the Quantity Surveyor is the person responsible for figuring out just what a building is going to cost and in some cases for making sure that construction costs and production are managed as efficiently as possible. In some of today's projects there may be many millions of dollars involved.
A Quantity Surveyor can identify and collate the costs involved in order to develop an overall budget for any project. They can then undertake cost planning which aims to help all members of the design team arrive at practical solutions and stay within the project budget. It is the final detailed estimate prepared by the Quantity Surveyors, in consultation with a project architect, which forms a basis on which subsequent tenders can be evaluated. Schedules of quantities translate the drawing, plans and specifications produced by the design team to enable each contractor to calculate tender prices fairly, on exactly the same basis as the competitors.
Once tenders have been accepted, the Quantity Surveyor can provide cash flow data to enable a client to programme his resources adequately to meet contract commitments. In other words, the Quantity Surveyor decides how much of a job should be paid for at any one time. With interest rates the way they are, no one wants to hand over money before it is due.
In most construction contracts, the contractor is paid monthly and the Quantity Surveyor can value the work carried out each month submitting a recommendation for certified payment.
The Quantity Surveyor can also be called on to assess cost effects when changes occur and agree on variation with contractors.
Following completion of a contract, the Quantity Surveyor prepares a statement of final account, summarizing the cost charges that have occurred and arriving at a final contract sum.
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