|What are CE, PM & QS?|
International Cost Engineering Council
Cost Engineering and Quantity Surveying have similar and highly overlapping functions.
Quantity Surveying relates more to building design and construction, while Cost Engineering relates more to engineering projects and processes. However, Cost Engineers and Quantity Surveyors commonly work in both areas.
Cost Engineering and Quantity Surveying differ primarily in the route taken to professional qualification, not to any substantive difference in the two professions.
Project Management overlaps both Quantity Surveying and Cost Engineering in the project cost management area to some degree but most Project Management functions are quite different from those of Cost Engineering and Quantity Surveying.
The following document summarizes the conclusions of discussions held at ICEC International Congresses and endeavors to compare the similarities and differences between the three professions, in terms of cost management matters only.
A definition of entire scope of Project Management activity is not intended, nor should it be inferred, from this document.
(A White Paper issued February 1996 and revised June 2002)
1. Cost Engineering (CE) and Quantity Surveying (QS)
CE and QS include:
These are typical functions of the CE or QS but not all practitioners in the field perform all of these functions. Many specialize in a limited number of these functions.
The CE or QS provides information by:
These are interdependent and feed back to each other. They include:
2. Project Management (on cost management matters only) (PM)
Function: To set project objectives in line with the purpose(s) set up by general management and to manage the resources necessary to meet the objectives.
PM delivers the project by:
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