IQSSL GMQE case studies
IQSSL GMQE · Put your knowledge to work in context.
The IQSSL GMQE - the General Managerial Qualification Examination associated with the Institute of Quantity Surveyors Sri Lanka - is a professional-level assessment of general management competence. It is designed for quantity surveyors and construction-sector professionals moving into managerial, team-leadership or business-unit roles, and for those who want evidence of managerial capability beyond technical quantity surveying practice. The IQSSL GMQE case studies are 5 cases and about 2,972 words.
1Succession impasse at a Colombo quantity surveying practice
A 42-person quantity surveying practice in Colombo is owned 55% by its founding partner, who is 68 and plans to retire in nine months. The remaining shares are held by two directors: a commercial director (35%) and a technical director (10%).
606 words, about 3 min2Diversification decision for a residential-dependent QS firm
A Colombo-based quantity surveying and project management firm has revenue of LKR 640 million and 180 staff. Seventy-two per cent of fee income comes from one residential developer, which has announced a 40% cut in new launches over the next two years.
617 words, about 3 min3Unpaid overtime and union recognition at a site-based QS consultancy
A 95-person quantity surveying consultancy employs 18 assistant quantity surveyors, most of whom work on site. For seven months they have worked 10 to 14 extra hours a week without overtime pay, on the understanding that this is professional commitment.
581 words, about 3 min4Cash crisis and withheld fees at a growing QS firm
A 60-person quantity surveying firm has annual fee income of LKR 420 million and monthly payroll of LKR 4.1 million, due in nine days. Cash at bank is LKR 2.3 million; the overdraft is LKR 18 million at 18% per annum and the bank has not yet renewed the limit.
590 words, about 3 min5Tender estimate pressure, a success fee and a post-tender omission
A quantity surveying firm is preparing tender documents for a government-funded school refurbishment. The client's project manager asks the QS to lower the pre-tender estimate by 12% to fit a political announcement, saying it is only an estimate.
578 words, about 3 min