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Develop skills for estimating construction costs for improvement projects.
Cost estimating is essential for budget planning and funding of capital improvement (CapEx) projects. Engineers often play a central role in developing these cost estimates. This course covers construction cost estimating principles and provides example problems. Two excel files are provided: one to create a construction cost estimate and one for a pipe trench cost estimate.
The following topics are covered:
• Capital Cost vs Construction Cost
• Estimating Approaches
• Using a Cost Index
• Direct and Indirect Costs
• Estimating Software
• AACE Estimate Classes
• Design-Build vs. Design-Bid-Build Costs
Download the Free Spreadsheets Used in This Course:
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