Number: BCT 314
Format: In person
Meeting Times: TBD
Room: Olver Design Building 162
Any successful building construction project relies on accurate and consistent cost estimates. This course provides students with the skills and background to perform construction estimating, bidding, and cost management. Lectures will cover quantity take-off from residential and commercial construction documents and then estimating costs for material, labor, equipment, overhead, and profit. Students are required to prepare and submit a formal bid which details an estimate for a building construction project. Furthermore, students will also be introduced to leading construction estimating software utilized in the construction industry.
- Describe the processes of preparing conceptual, preliminary and detailed estimates.
- Perform quantity takeoffs and allocate units of work.
- Organize the collection of estimate data.
- Identify sources of cost data.
- Be familiar with the key components of labor, equipment and material costs.
- Determine crew size and productivity.
- Identify site conditions and factors which affect cost estimates.
- Allocate direct and indirect project costs.
- Identify and allocate contingency and escalation.
- Prepare a project estimate, including all direct and indirect costs, overhead and profit.
- Be familiar with contract documentation.
- Discuss bid estimate strategy.
- Validate the cost estimate.
- Develop schedules from the cost estimate data.
- Introduction into Autodesk AutoCad, Autodesk Revit, Microsoft Project, Microsoft Office, Trimble SketchUp, Trimble WinEst
Means Engineering Staff (2012). RSMeans Cost Data with Access (2nd Edition). John Wiley & Sons, Inc., Hoboken, NJ. ISBN 978-1118335901.
Peterson, S. and F. Dagostino (2018). Estimating in Building Construction (9th Edition). Pearson, Boston, MA. ISBN 978-0134701165.