Brief Introduction
Fundamentals of Construction Cost EstimatingDescription
This course is intended to provided key fundamental concepts required to understand Building Cost estimation. All materials and statements made in this course are for educative purpose only. Below are the main concepts covered in this course.
Define Cost estimation
Understand the steps involved in cost estimation
Understand the basics skills required to become cost estimation
Define the different classes of cost estimates.
Identify the main players in a building projects
Distinguish building systems
Explain the main types of project delivery methods
Understand the concepts of resources, materials, labour and equipment as applied to building construction
Understand sources of valuable information for a cost estimator
Understand the common types of partitions in a buildings
Perform a quantity takeoff of building interior’s systems as a general contractor.
Understand the fundamental and application of costbooks such as RsMeans in Cost estimation (Bonus!)
Requirements
- Requirements
- Basic English knowledge
- Beginner in using a spreadsheet program like Microsoft Excel
Knowledge
- Understand the steps involved in cost estimation
- Understand the basics skills required to become cost estimator
- Distinguish the different classes of cost estimates.
- Identify the main players in a building projects
- Distinguish building systems
- Explain the main types of project delivery methods
- Understand the concepts of resources, materials, labour and equipment as applied to building construction
- Understand sources of valuable information for a cost estimator
- Understand the common types of partitions in a buildings
- Perform a quantity takeoff of building interior’s systems as a general contractor.
- Discover some useful references for a cost estimator.