Which type of cost in the quantity survey method pertains to the developer's function?

The type of cost in the quantity survey method that pertains to the developer's function is entrepreneurial profit. This cost reflects the financial return expected by a developer for their investment of time, money, and risk in a project. Entrepreneurial profit is specifically tied to the developer's role in coordinating and overseeing the various aspects of a real estate project, including the risks associated with market fluctuations and overall project execution.

This profit is an expectation of earning above and beyond the basic costs of construction and development, compensating the developer for their entrepreneurial activities, which can include project management, securing financing, and marketing the finished product.

In contrast, other types of costs, such as direct costs, would cover the tangible expenses directly involved in constructing the property, like materials and labor. Indirect costs generally relate to expenses that do not link directly to specific construction activities, such as administration or overhead expenses. Site costs pertain to the expenses associated with preparing the location for development, including land acquisition and site preparation. While all these costs are important considerations in real estate development, entrepreneurial profit specifically highlights the financial hoped-for reward from the developer's labor and initiative.