Thursday, 5 December 2013

Professional Practice 2

I learned that the topics in this subject are challenging and interesting too. For example, the topic like Construction Disputes, Contractual Claims, Setting-Off by Employer, Determination by Employer and etc. These topics assisted me to have a better understand of nowadays Quantity Surveyor's industry practices. Which this can enable me to perform and compete better when I join the industry.

The assignments of this subject have been divided into two parts. The first assignment is a seminar, we have to prepare a presentation of a specific topic in front of our course mates and lecturer. In the seminar, I have improved myself to speak openly in the public. The purpose of this seminar is assist us to learn how to speak confidently and comfortably in the public or in front of group of people. We Quantity Surveyors will have to give presentation from time to time, explaining current cash flow of the project status, proposing alternative construction material for design team to consider and etc. So, I personally thinks this seminar assignment does helped me in those areas.




The second assignment of this subject is more on preparing a Final Accounts and Statement of Account. In this assignment we learned what items should take into consideration to prepare a final accounts. For example, we should exclude the provisional sum when doing final accounts if we did not used that sums and if we have used the provisional sum, then we should only add the actual spent and not the full amount of previously allowed amount. After the adjustment of the contract sum, then we can find out the actual amount to be due to contractor or employer and prepare a State of Accounts.









No comments:

Post a Comment