Updated: Nov 6, 2021
Here is why:
1. The global Construction market is expected to reach $16.6 Trillion by 2025, growing at a compounded annual growth rate (CAGR) of 7%.
2. Only 30% of projects usually come within 10% of the budget, while the remainder often exceed their budgets by at least 50%.
3. These statistics reinforce the importance of Quantity Surveyors and Cost Managers as key pillars of the Real Estate and Construction Industry.
Our role is to set budgets for construction projects, and then to ensure that projects are planned, designed, procured and delivered within budget.