Professional Standards For Quantity Surveying & Cost Engineering – Global Issues & Strategies

Publication Type:
Conference Proceeding
ICEC International Cost Management Journal, 2015, pp. 1 - 9 (9)
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This paper provides an overview of the various professional standards that have been developed for the Quantity Surveying and Cost Engineering professions by various countries and professional associations around the world. It then examines the issues surrounding the lack of global standards for these professions and explores the benefits of developing over-arching strategies to produce global standards. The paper culminates with examples of current initiatives to develop such standards. The research methodology underpinning this study comprises a literature review and analysis of professional standards. The research results reveal a wide variety of professional standards despite the fact that the fundamental principles and procedures of quantity surveying and cost engineering practices are the same throughout the world. The study will describe current initiatives to develop global standards and will provide a case example of the proposed development of an International Construction Measurement Standard (ICMS). The paper concludes with a range of recommendations and strategies to help address these issues.
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