QS ROLES 2

Satisfactory Essays
Topics: Cost, Costs
MANAGING COST, CONTRACTS, COMMUNICATION AND CLAIMS:
A QUANTITY SURVEYING PERSPECTIVE ON FUTURE
OPPORTUNITIES
JJP (Basie) Verster1
1. University of the Free State, Bloemfontein, South Africa
ABSTRACT
In future, the pro-active and effective management of cost, contracts, communication and claims - the four Cs - will consistently become more important to developers and facilitators involved in physical structures and property.
The quantity surveyor and cost engineer should understand the challenges and opportunities presented by the needs of clients in relation to cost, contracts, communication and claims and perhaps focus their development on the important links between these functions.
Changes and developments in the industry and market will also influence the way in which these functions are managed. For those professionals who deliver these services to the industry, the focus should be on client satisfaction and a positive experience for all concerned.
Establishing a link and effectively managing the process to ensure success should be the primary aim of the manager. This should be done in close partnership with all functionaries, engaged in the process.
Planning, controlling and co-ordinating budgets and cost plans, as well as communicating results will limit claims and facilitate the processes of contract management. The contract should also facilitate partnerships and the system should be aimed at satisfying needs, seeking opportunity and pursuing growth.
The arguments above are currently the object of this research, and the results are outlined in this paper.
Key words: Cost, contracts, communication, claims
1.

INTRODUCTION

This paper deals with the importance and the role of costs, contract s, communication and claims, as well as the influence of procedures related to the latter elements , in cost management, project management and quantity surveying.
The management of the elements will be discussed in respect of the following:
§

Goals: The main aims and



Bibliography: Ashworth, A. 2002. Pre-contract studies: Development economics, tendering and estimating. 2nd Ed. Ashworth, A. 2004. Cost studies of buildings. 4th Ed. England: Pearson Prentice Hall. Association of South African Quantity Surveyors, 1998. Guide to elemental cost estimating and analysis for building works Autry, J.A. & Mitchell, S. 1998. Real Power: Business lessons from the Tao Te Ching. New York : Riverhead. Bower, C. 2005. The myth of leadership needs to be debunked. Business Report, p. 2, 23 November. Browning, D.C. 1982. Dictionary of quotations and proverbs. New Jersey: Chartwell books. Emshoff, J. & Denlinger, T. 1994. Beyond management: mastering the art of leadership. In : Puth, G. Ewing, D. 1994. Communication and management. In: Puth, G. The communicating manager. Ferry D.J. & Brandon, P.S. 1991 . Green, S.D. 1992. A SMART methodology for value management. Occasional Paper no. 53, Ascot: Chartered Institute of Building. Havard, T. 2002. Contemporary property development. London : RIBA Enterprises. Joint Building Contracts Committee (JBCC), 2005. Principal building agreement. Houghton: Joint Building Contracts Committee Inc Joint Building Contracts Committee (JBCC), 2005. Adjudication Rules: for use with the JBCC Principal Building Agreement & Nominated / Selected Subcontract Agreement 6.0-7.0, Houghton: Joint Building Contracts Committee Inc. (Series 2000 Code 2109), March. Kenley, R. 2003. Financing construction: Cash flows and cash farming. London : SPON Press. Knipe, A., Van der Waldt, G., Van Niekerk, D., Burger, D. & Nell, K. 2002. Project management for success Loots, P. 1991. Alternative methods of dispute resolution in the construction industry. SA Builder, p. McKenzie, H.S. & McKenzie, S.D. 1994. The Law of building and engineering contracts and arbitration Mole, T. 1991. Building Maintenance policy: Nebulous nevertheless necessary. In: VenmoreRowland, P., Brandon, P., & Mole T. Investment, Procurement and Performance in Construction. Morton, R. & Jaggar, D. 1995. Design and the economics of building. London : E & FN SPON. Naisbitt, J. & Aburdene, P. 1994. Task management to people management. I n: Puth, G. The communicating manager Nel, N. 1992. Think Tall: Real estate has created more wealth than gold, diamonds or any other investment Peter, L. 1991. 5,000 Gems of wit and wisdom: Memorable quotations for all occasions. London: Treasure Press. Seeley, I.H. 1983. Building economics: appraisal and control of building design cost and efficiency . Scannell, J. 1993. Spreuke van Langenhoven. 6th edition. Cape Town: Tafelberg. Verster, J.J.P., 2004. Managing cost, contracts, communication and claims: A Quantity Surveying perspective on future opportunities Verster, J.J.P. & Berry, F.H. 2005. The property development challenge: creating wealth through regional and rural projects Verster, J.J.P. 2005a. Diagram 3: Project management, knowledge and skills areas. (Author’s own diagram) Verster, J.J.P. 2005b. Diagram 4: Basic elements of the proposed Quantity Surveying Model. Verster, J.J.P. 2005c. Diagram 5: The sequences of the model. (Author’s own diagram). Verster, J.J.P. 2005d. Diagram 6: Contract procurement . (Author’s own diagram). Verster, J.J.P. 2005e. Diagram 7: Claims. (Author’s own diagram). Bloemfontein: University of the Free State. Verster, J.J.P. 2005f. Diagram 8: The model. (Author’s own diagram). Bloemfontein: University of the Free State. Whetton, D.A. & Cameron, K.S. 1994. Communication, problem solving and decision making. In: Puth, G Willis, C.J., Willis, J.A. & Ashworth, A. 1996.

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