Construction Cost Estimating and Cost Control

Cost estimating is the process of systematically forecasting all costs associated with completing a project within a defined scope. When it comes to construction, construction cost estimating forecasts all of the projected costs needed to complete a project. The cost estimate serves as a roadmap for a project to be designed, bid and built and can significantly mitigate your level of risk.

Construction Cost Estimating and Cost Control training course introduces the types of cost estimation from the conceptual design phase through the more detailed design phase of a construction project.  In addition, the course highlights the importance of controlling costs and how to monitor project cash flow. Learners will work on a break-even analysis of construction tasks in a project.

The course begins with providing an overview of what will be covered. Next, learners explore the stages of design in a construction project. Then describes the types of cost estimates in a construction project and the tools and methods used to create estimates.