HOS Consult Ltd

Happy New Month! As we step into October, let’s continue building towards excellence in every project. May this month bring new opportunities, growth, and success for all. Here’s to a productive and rewarding October ahead! #QuantitySurveying #NewMonth #OctoberGoals #ConstructionExcellence

THE PHOENIX PROJECT HOS is thrilled to share progress on one of our flagship projects, a commercial high-rise building along Mobolaji Anthony way, Ikeja. As the lead Quantity Surveyors, we have been integral in managing costs, procurement, and ensuring the highest standards of quality and safety on-site. This project stands as a testament to our commitment to excellence in construction cost management. Project Highlights: - Structural Integrity: The building’s robust framework is taking shape with precision. - Cost Management: We have maintained a streamlined budget, optimizing resources without compromising on quality. - Sustainability: Incorporating sustainable practices has been a priority, with energy-efficient materials and systems. The building envelope is near completion, with exterior cladding and glazing in place. The next phase will focus on interior works, ensuring the building’s readiness for its intended use. Kudos to our dedicated team and partners who are bringing this project to life, despite the challenges of Economic situation of the country. Stay tuned for more updates as we move closer to project completion! #Construction #QuantitySurveying #ProjectManagement #Sustainability #RealEstateDevelopment #BuildingExcellence

Project Update: Paramount Twin Tower We're excited to share the latest progress on our Paramount Twin Tower project! Currently, our team is making great strides with work on the 6th floor of Tower B, and we're heading towards the 7th floor. Stay tuned for more updates as we continue to make significant progress on this landmark project. #QuantitySurveying #ConstructionUpdate #ProjectManagement #ParamountTwinTower

Thriving in the AI and Technology Era: A New Dawn for Quantity Surveying Firms. In a world rapidly evolving with AI and advanced technologies, the landscape of Quantity Surveying is transforming. To not just survive, but thrive, here’s how Quantity Surveying firm needs to embrace this new era: 1. Adopting Cutting-Edge Technology: They’re to integrate AI-driven tools for cost estimation, risk management, and project management, ensuring precision and efficiency in every project. 2. Data-Driven Decisions: By leveraging big data and analytics, QS firms gain insights that’ll help them predict trends, manage resources better, and deliver more value to their clients. 3. Enhancing Collaboration: Implementing collaborative platforms allows for seamless communication and information sharing among stakeholders, leading to more cohesive and efficient project execution. 4. Upskilling The Team: Continuous learning and professional development should be the core. QS team should be trained in the latest technologies and methodologies to stay ahead in this dynamic industry. 5. Sustainable Practices: QS firms should be committed to sustainability. Using technology, they will optimize resource utilization and minimize waste, contributing to a greener future. 6. Client-Centric Approach: AI will helps us better understand client needs and tailor our services accordingly, ensuring higher satisfaction and better outcomes. 7. Innovation and Adaptation: Embracing a culture of innovation, QS forms should always be on the lookout for new technologies and practices that can enhance their services and add value to their clients. By harnessing the power of AI and technology, they’re are not just adapting to change— they’re driving it. Together, let's build the future of Quantity Surveying. #QuantitySurveying #AI #Technology #Innovation #Sustainability #Construction #FutureReady

THE TEMPLETON PLACE A RESIDENTIAL DEVELOPMENT AT PLOT 750 & 751 OKRIKA CLOSE, OFF AWOLOWO ROAD, IKOYI, LAGOS. I am thrilled to share the latest progress on our project! We have completed 100% of the pile caps. Backfilling operations are currently in progress. Up next, we are gearing up to start the tie beam construction. A huge shout-out to our dedicated team for their hard work and commitment. Your expertise and teamwork have been instrumental in reaching this milestone. Stay tuned for more updates as we continue to make strides toward the successful completion of this project. #Construction #ProjectManagement #Engineering #TeamWork #Progress #ConstructionUpdate

The Phoenix Commercial Development Project Valuation of Variations is a crucial process in construction industries and project management where changes to the original scope can have significant financial implications. The term Variations refers to changes made to the original scope of work, design, or specifications outlined in the initial contract. However, there are tips for carrying out the valuation of variations effectively as a Quantity Surveyor. These include; 1. The Quantity Surveyor must ensure that all variations are documented comprehensively. This includes detailed descriptions of the variations, reasons for the changes, impact on time, cost and quality, and any approvals.  2. A Quantity Surveyor must have a clear understanding of the original project scope and specifications. This will help in evaluating how variations deviate from the initial plan and the extent of the changes required.  3. Quantity Surveyor must develop a robust methodology for estimating the cost of variations. This may include assessing material costs, labor costs, overheads, and any other expenses that may be incurred.  4. The Quantity Surveyor must be able to evaluate the impact of variations on the project timeline, resource quality, and overall project objectives.  5. Quantity Surveyor must engage/involve relevant stakeholders such as project managers, clients, contractors, and sub-contractors in the valuation process.  6. A Quantity Surveyor must prepare for negotiations especially if there are disagreements regarding the valuation of variations.  7. The Quantity Surveyor must keep all parties involved in the construction project informed about the progress of the valuation process.  8. Quantity must consider the risks associated with variations and how they may impact the overall project. By following these tips and maintaining transparency, communication and consistency throughout the valuation process, a quantity surveyor can be rest assured that valuations are valued accurately and fairly in a project.

COST OVERRUN IN CONSTRUCTION PROJECT AND STRATEGIES FOR MITIGATION. An increase in project costs beyond the original budget or estimate is referred to as Cost Overrun. Cost overruns can have negative consequences on project if effective risk management and cost control strategies are not taken to prevent and mitigate cost overrun. Cost Overrun can occur in a construction project due to; • Underestimation of costs during the early stages of the project. • Unexpected changes in design or scope of project. • Unforeseen circumstances such weather inclement or material shortages. • Delay in project completion. In order to mitigate cost overrun on a project there are lot of strategies to consider; • Contractual administration of the project is important to ensure that all contractual obligations are duly fulfilled promptly, including contract variations, payment schedules, and change orders. • Analyzing the value for money of different construction options and strategies to identify the most cost-effective solution. • Implementation of effective change management procedures to minimize the impact of changes on the project budget and schedule. • Development and maintenance of strong relationships with key stakeholders in construction projects, including clients, suppliers, and contractors, to facilitate effective communication and healthy collaboration. • Transferring certain risks, such as price fluctuations or weather delays, to contractors or suppliers can help minimize their impact on the project budget. • Other strategies to avoid cost overrun include; collaborative decision-making, value analysis, continuous improvement, etc. In conclusion, cost overrun in a construction project is an important aspect in which all stakeholders in construction project must take into consideration for a successful project management. 

Happy New Month! We're back and ready to make this month even brighter! After a brief hiatus, our LinkedIn page is rejuvenated and excited to serve you better. Let's make this month one to remember together! #BackInAction #NewMonthNewGoals"

Happy International Women's Day from HOS Consult Ltd! Today, we proudly celebrate the remarkable achievements, invaluable contributions, and inspiring leadership of women worldwide. As we commemorate International Women's Day, we honor the trailblazers, innovators, and visionaries who shaped our industry and communities. At HOS, we recognize the indispensable role women play in driving progress and excellence. Their expertise, creativity, and dedication enrich our team and propel us toward success. We stand committed to fostering an inclusive environment where every voice is heard, respected, and empowered to thrive. Together, we embrace diversity, champion equality, and cultivate a culture of opportunity for all. Join us in honoring the women who continue to inspire, uplift, and empower us every day. Happy International Women's Day! #InternationalWomensDay #DiversityandInclusion #Empowerment #WomenInConstruction #QuantitySurveying #Equality #Inclusion

Marching into a month of precision and progress! At HOS Consult Limited, we're geared up to navigate your projects towards success with our meticulous measurement and cost management expertise. From budget planning to project execution, trust us to ensure every detail counts and every penny is maximized. Let's build a future of excellence together! #QuantitySurveying #ConstructionExcellence #MarchForward