Last year, Larsen & Toubro (L&T) partnered with RICS for delivering a specially crafted one year executive education program for its quantity surveying professionals namely “Adaptation Program in Quantity Surveying (APQS)”. It was designed to impart necessary knowledge and competencies required by RICS chartered professionals.
We are pleased to share that the first batch of executives successfully completed this year long program in April 2016. They are now eligible to apply for RICS chartered qualification “MRICS” and also the designation “Chartered Quantity Surveyor”.
The delivery partners for this program are L&T I’PM (L&T institute for project management) and RICS School of Built Environment, Amity University (delivery partner for RICS).
This co-partnered program has been designed to
· Assimalate an understanding of various concepts in QS, get tuned to latest & global best practices in QS
· Prepare, apply and earn a professional qualification in quantity surveying
· Head the QS function in the operating divisions of L&T
· Develop a cadre of “chartered quantity surveyors” within L&T
This one year program comprises of 450 study hours with 200 class contact hours and 250 self-study hours including assignments, case studies, online learning modules etc).
200 face to face hours of the program were spread 4 modules, delivered across different locations - L&T I‟PM Campus, Vadodara & Chennai and RICS School of Built Environment, Amity University, Noida.
About Quantity Surveying
Quantity surveyors are the cost managers of construction. They are initially involved with the capital expenditure phase of a building or facility, which is the feasibility, design and construction phases, but they can also be involved with the extension, refurbishment, maintenance and demolition of a facility or asset. They must understand all aspects of construction over the whole life of a building or facility and must have the ability to manage cost effectively, equating quality and value with individual client needs.
The role of the quantity surveyor has changed drastically during recent times and he is expected to provide project management and financial management services in addition to the traditional ability of calculating quantities from drawings and thorough knowledge of construction practices.
Because the program aims to prepare chartered quantity surveyors, it is largely designed using the RICS APC (Assessment of Professional Competence) Guide in Quantity Surveying and Construction pathway. Construction professionals from L&T with min 4 years’ experience, who have a non-accredited engineering or related degree underwent this program.
Faculty members from RICS SBE, L&T I‟PM, practitioners from L&T, external faculty and practitioners from the world of Project Management conducted insightful and interactive course sessions. The program was well supported by the learning resources like prescribed text books, database, international study reports, and study kits.
The participants have been very appreciative of the international perspective of the program and the way the program was structured leading towards a world class designation.
Key people involved in the program share their thoughts:
Sachin Sandhir, Global Managing Director, Emerging Business, RICS
said “It is indeed heartening to note that the country’s biggest construction conglomerate values the importance of training and has taken this step to invest in building competent workforce, by partnering with RICS for converting some of its staff into Chartered Quantity Surveyors – recognized worldwide as the highest level of competence.”
Dr. Anil Sawhney FRICS, Associate Dean, School of Construction at RICS SBE
said, “Quantity Surveyors play such a crucial role in managing construction costs of real estate & infrastructure projects that it is very important that they continue to stay abreast with changing trends & best practices. This program will upgrade practicing QS to highest levels in competence – which in turn will give L&T a commercial advantage in the long run with better managed projects.”
Mr. K. P. Reghunath, Program Leader, L&T I‟PM
“Quantity surveying (QS) is a strongly emerging profession and RICS is well established in the QS domain. The partnership with RICS for the purpose of training was a good move from the management to move forward in a structured way. We would like to specially thank Prof. Anil Sawhney for helping us restructure our internal courses as per RICS competency matrix. The pathway to MRICS is a great advantage that our valued employees will receive and this was one of the major USPs of the program which made us sign up for it. We are also happy about our staff receiving Indian as well as western perspective to the QS profession and we have already confirmed the repetition of this program for next batch of eligible employees”
Prof. M. R. Aravindran, Faculty, L&T:
“I believe that L& T will be able to attract better projects from outside of India as the MRICS designation is globally recognized and adding workforce with MRICS designation will be a great step towards more business for us”.
Prof. Nimish Gupta, Adjunct Faculty, School of Construction, RICS SBE:
“The program made the participants aware of the internationally benchmarked QS practices apart from traditional domestic practices which will give them a great edge. In India, most projects go cost overhead, procurement routes are changing from traditional to design embedded contracts, these courses will not only equip the participants to cut costs of their projects overall but also understand the advantages of design embedded contracts over traditional contracts.”