DALTON BUCK

A Commercial Manager in quantity surveying is a senior role that bridges the gap between traditional quantity surveying and broader commercial management within the construction industry.

Average Salary: £55,000 – £100,000 base + bonus + benefits

Core Responsibilities:

Financial Management:

Similar to a senior quantity surveyor, they oversee project finances, ensuring budgets are met and controlling costs. This includes tasks like cost planning, cost control, and value engineering.

Contract Management:

They manage contracts with clients, contractors, and subcontractors, negotiating terms, resolving disputes, and ensuring everyone is paid fairly according to the agreements.

Commercial Leadership:

Beyond just financial aspects, they take a more strategic approach to the project's commercial success. This might involve tendering for new projects, managing procurement of materials and labor, and identifying and mitigating commercial risks.

Team Management:

They often lead and mentor a team of quantity surveyors, delegating tasks and ensuring the team functions effectively to achieve project goals.

Client Communication:

They act as a key point of contact for clients on all commercial matters, providing regular reports, updates, and managing client expectations.

Compared to a Senior Quantity Surveyor:

Broader Commercial Focus:

While financial expertise is essential, commercial managers have a wider scope, encompassing tendering, procurement, risk management (including non-financial risks), and overall project profitability.

Strategic Thinking:

They analyze not just project costs but also the bigger commercial picture, considering market trends, competition, and potential opportunities.

Leadership and Negotiation:

Their role requires strong leadership skills to manage teams and negotiation skills to secure best deals for the company in contracts and procurement.

Essentially, a commercial manager in quantity surveying leverages their deep understanding of construction costs and contracts to lead the commercial aspects of projects, ensuring not just financial success but also maximizing overall project value.

Career Path:

This role is often seen as a natural progression for highly experienced quantity surveyors who want to move into a more strategic and commercially focused leadership position. It requires a strong understanding of both financial and broader commercial principles within the construction industry.