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Who should attend Cost Estimating For Design Professionals
This seminar is designed for engineers, architects, accountants, controllers, presidents, vice presidents, business owners and managers, construction and project managers, principals, insurance professionals, lenders, developers, estimators, contractors, subcontractors and attorneys.
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Cost Estimating For Design Professionals  

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This seminar is designed for engineers, architects, accountants, controllers, presidents, vice presidents, business owners and managers, construction and project managers, principals, insurance professionals, lenders, developers, estimators, contractors, subcontractors and attorneys.

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Seminar Summary:

This one-day seminar provides important and valuable information that can help design professionals learn the fundamentals of preparing and evaluating construction cost estimates. (see full course description)

 
 

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Training Course Syllabus:


This one-day seminar provides important and valuable information that can help design professionals learn the fundamentals of preparing and evaluating construction cost estimates.

Topics to be discussed include:

  • Types Of Estimates – Estimating Terminology
  • Estimating Shortcuts That Can Get You Into Trouble
  • Cost Models And Ratios
  • The Latest In Estimating Techniques – On Line Resources
  • Computer Generated Estimates
  • Evaluating Alternatives – Value Engineering
  • Designing To Cost – Budgeting Dilemmas

8:30 a.m. - 10:15 a.m.

I. Types of Estimates – (Commercial, Institutional And Residential)

A. Preliminary And Conceptual Estimates

B. Fallacies Of Square-Foot And Ball Park Estimates

C. How Detailed Should An Estimate Be?

D. Heavy/Civil Bid Item Unit Pricing

II. Cost Models And Ratios

A. Floor Areas To Perimeters

B. Cost Density Variations For Different Types Of Spaces

C. Quantity Surveying Tricks-Of-The-Trade

10:15 a.m. - 10:25 a.m.

Break

10:25 a.m. - 12:00 p.m.

III. Published Cost Data

A. What Is Available – What Is Reliable?

B. When What Where And How To Use?

C. Hard Copy vs. Electronic Or On Line

12:00 p.m. - 1:00 p.m.

Lunch (On Your Own)

1:00 p.m. - 2:30 p.m.

IV. Preparing An Estimate

A. What Quantities Are Needed? – The Science Of Estimating

B. Defining Your Line Items – The Art Of Estimating

C. Assembly And Composite Unit Prices – The Work Of Art

D. Figuring Time For Construction And General Conditions?

E. Have You Missed The Mark On Markups?

2:30 p.m. - 2:40 p.m.

Break

2:40 p.m. - 4:30 p.m.

V. The 'Design To Cost' Dilemma

A. Evaluating The Completeness Of Preliminary Estimates

B. Value Engineering – Evaluating The Alternatives

C. How Good Is Your Historical Cost Information?

D. Do Contractors Make Or Lose Money On Your Projects?

E. What Is Your Greatest Risk? – Now Control It!

Seminar Summary:

This one-day seminar provides important and valuable information that can help design professionals learn the fundamentals of preparing and evaluating construction cost estimates. (see full course description)

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