Quantity Surveyors: The Missing Piece to the US Construction Market

Padraig Leahy, VP at Linesight and a chartered quantity surveyor (MRICS), recently wrote about the surge in mega-projects in the US construction industry and the critical need for skilled talent in an article published in Construction Executive .

With over three decades of experience spanning the UK, Ireland, the Caribbean, Canada, and the USA, Leahy has worked on diverse projects within sectors such as data centers, commercial buildings, infrastructure, power generation, and oil and gas. His extensive background equips him with comprehensive insights into both the preconstruction and post-contract management worlds.

The US construction industry is experiencing a surge in large-scale projects, spanning sectors such as high-tech industrial, including data centers and semiconductor facilities, as well as increased federal investment in infrastructure. To manage these complex endeavors, a specialized skill set is in high demand: quantity surveying. Quantity surveyors (QS), with their expertise in cost estimating, cost management, and procurement, are ideally suited to fill this gap.

While the US accounts for over 15% of global construction output, it has a surprisingly small pool of chartered quantity surveyors—only 1% of the world's total. This shortage highlights a unique challenge for the American construction industry.

To address this issue, career mobility is essential. Whether moving across a country or transitioning through various roles, mobility allows individuals to apply their transferable skills in new environments, broadening their perspectives and advancing their careers, while also improving employee retention within organizations. By enabling skilled professionals to relocate to regions with high demand, companies can efficiently allocate resources and expedite project delivery.  

Professionals with an MRICS designation are particularly esteemed within the construction industry, as it requires adherence to rigorous international standards that ensure consistent and effective management across all aspects of construction projects.

The Role of Quantity Surveyors

The crucial role of quantity surveyors in managing large, complex projects stems from their specialized skills. With extensive knowledge in project management, construction economics, and project finance, they effectively handle the intricacies of these projects. In the United States, however, project managers often take on cost management responsibilities, which can be challenging for more intricate endeavors. 

By supporting project managers and allowing them to focus on scheduling, scope, quality, and execution, a more efficient and streamlined project management structure emerges. This clear division of responsibilities lets cost managers dedicate themselves to financial oversight, providing focused expertise on cost-related matters. Employers highly value professionals who demonstrate a proactive approach and meticulous attention to detail, recognizing these traits as essential for completing complex projects on time and within budget.

Career Opportunities for Quantity Surveyors in the US

The demand for quantity surveyors in the US is steadily rising, offering lucrative career prospects. Professionals transitioning from the United Kingdom or Ireland can expect a significant 30% salary increase upon relocating. With optimistic employment forecasts predicting a substantial rise in job opportunities over the next decade, now is an excellent time for cost managers to either start or advance their careers in the US.

The data center industry is set to experience rapid growth, with Statista predicting a 5.88% annual increase, reaching $124.60 billion by 2028. This expansion is driven by advancements in artificial intelligence and other technologies, creating high demand for cost specialists who can effectively manage complex projects and optimize costs. Additionally, sectors such as life sciences, semiconductors, data centers, electric vehicles, and battery manufacturing are also seeing significant growth. Quantity surveyors who can navigate the complexities of these industries are particularly in demand.

Overcoming Challenges 

While the US construction industry presents significant opportunities for quantity surveyors, there are notable challenges, such as the lack of awareness around the role compared to other construction professions.

To excel in the US market, cost managers must prioritize ongoing educational advancement. Keeping abreast of industry trends and mastering skills relevant to the US construction industry are crucial. Building a strong professional network can offer valuable support and open doors to new opportunities. Addressing these challenges is key to increasing visibility and recognition of within the industry.

Organizations play a crucial role in fostering career mobility. Offering opportunities for skill diversification, career growth, and personal development enhances professionals' journeys and contributes to overall job satisfaction. Support such as mentorship programs and cross-functional training can help in retaining top talent.