Training Course Syllabus:

Construction Estimating - Construction Budgeting and Estimating Audio Conference

Benefits:

This live audio conference is intended to provide you with best practices to estimate costs and produce bids for successful and profitable construction projects. Topics include: selecting which packages to bid, methods of cost estimating, where bid estimate information comes from, how bids are assembled, how bid schedules are an essential part of the process, the role of parametric estimating, and bid estimate checking and evaluation.

Learning objectives:
• You will be able to discuss the pre-bid phase.
• You will be able to explain bid development.
• You will be able to review parametric estimating.
• You will be able to discuss estimate checking and evaluation.

Agenda

Overview - What Are We Trying to Accomplish?

Pre-Bid Phase
• What Is Being Bid When?
• What Solicitations to Bid?
• Strategy/Competition/Workload Levelization
• Assess the Package Requirements
• Bid/No Bid Decision

Bid Development
• Key Estimate Components
• Plan the Bid Development Schedule
• Plan the Bid Submittal
• Request the Bid Bond
• Request the Labor Survey
• Request T&C/Legal Review
• Develop Scopes for Quote Packages/Issue Quote Packages
• Develop Material Takeoff's
• Develop Pre-Bid Questions/Attend Pre-Bid Meeting/Site Walk
• Bid Estimate Development
• Bid Schedule Development

Parametric Estimating

Estimate Checking and Evaluation


Faculty

Richard D. Smith, P.E., CCE, Parsons Brinckerhoff

Richard D. Smith, P.E., CCE
•Has more than 40 years of experience in the planning and execution of major programs and projects up to $68 billion in cost
•Skilled in developing feasibility studies, conceptual and detailed design planning and management, project controls management, conceptual and detailed estimating, claims analysis and dispute resolution services for a broad range of construction projects
•His work has centered on pursuing and winning projects involving government facilities, schools and colleges, fire stations, heavy civil remediation, airports/aerospace, industrial facilities, mining, transportation, power generation and distribution, pipelines, refineries and petrochemical/process facilities
•Experience includes bidding and negotiating new work, project development, construction management, financial analysis, engineering-procurement-construction management (EPCM), engineering, procurement and construction (EPC) and construction management (CM) at risk, estimating, planning and scheduling and conceptual design
•Has written and presented on numerous topics relating to his areas of expertise
•M.B.A. degree, University of Chicago; M.S. degree in civil engineering/structures, University of Wisconsin; B.S. degree in civil engineering, University of Wisconsin


These Materials are Designed For

This live audio conference is designed for construction and project managers, engineers, presidents, vice presidents, owners, architects, contractors, subcontractors, contract managers and construction professionals.

Continuing Education Units

Only registered attendee will receive continuing education credit. Additional attendees can receive continuing education credits at a discounted price.

•AIA HSW 1.5

Lorman Business Center, Inc. is registered with the AIA Continuing Education System (AIA/CES). This 1.5 hour program offers 1.5 Learning Unit hours, which will be reported directly to the AIA/CES for AIA members. This program qualifies for 1.50 hours of Health, Safety, Welfare (HSW).

•CC 0.5

This course has been reviewed and approved for inclusion in the Construction Compliance Certification Program and qualifies for 0.5 credit.

•AK ENG 1.5

This program may qualify for 1.5 professional development hours with the Alaska State Board of Registration for Architects, Engineers and Land Surveyors.

•AL ENG 1.5

This program MAY QUALIFY for professional development hours with the Alabama Board of Licensure for Professional Engineers and Professional Land Surveyors.* *Please check the rules and requirements in your state for compliance.

•FL ENG 1.0

This course has been approved for 1.0 PDH by the Florida Board of Professional Engineers in the Areas of Practice.

•GA ENG

This course may qualify for continuing education credit for engineers through the Georgia State Board of Registration for Professional Engineers.

•IA ENG

This course may qualify toward personal development hours for engineers. Please refer to Chapter 3, 193C IAC.

•ID ENG 1.5

This course may qualify for 1.5 professional development hours through the Idaho Board of Professional Engineers and Professional Land Surveyors.

•IL ENG 1.5 (Pending)

This course has been submitted to the Illinois Society of Professional Engineers for 1.5 professional development hours.

•IN ENG 1.8

This course may qualify for 1.8 PDH's through the Indiana State Board for Professional Engineers.

•KS ENG 1.0

This course may qualify for 1.0 professional development hours for engineers.

•LA ENG

Lorman Business Center, Inc. is a board approved sponsor with the Louisiana Professional Engineering and Land Surveying Board. This course is approved to offer continuing education credit for engineers.

•MD ENG 1.5

Lorman Business Center, Inc. is a board approved sponsor with the Maryland Board of Professional Engineers. This course qualifies for 1.5 professional development hours.

•ME ENG 1.5

The State of Maine Professional Engineers Registration Board does not pre-approve courses for professional development credit. This program may qualify for a maximum of 1.5 hours toward the annual PDH requirement.

•MN ENG 1.0

This course may qualify for a maximum of 1.0 hours toward the PDH requirement for engineers. The Minnesota State Board of Registration for Engineers has final authority on the acceptance of individual courses.

•MO ENG 1.5

This course may qualify for 1.5 PDH's through the Missouri Board for Professional Engineers.

•MS ENG

This course may qualify for professional development hours for engineers.

•ND ENG 1.5

Lorman Education Services is an approved provider through the North Dakota State Board of Registration for Engineers and Land Surveyors. This seminar qualifies for 1.5 of continuing professional competence for engineers.

•NE ENG

This course may count toward engineers continuing education hours if this course is continuing engineering education for you.

•NH ENG 1.5

This course may be used for continuing education through the New Hampshire Board of Engineers for 1.5 PDH's.

•NJ ENG

This course may qualify for continuing education credit for engineers by the New Jersey Professional Board of Engineers and Land Surveyors.

•NM ENG 1.5

May qualify for up to 1.5 PDHs for engineers.

•NV ENG 1.5

This course may qualify for 1.5 PDH's toward the professional development requirement for engineers in Nevada.

•OH ENG

This course may qualify for continuing education credit for engineers through the Ohio State Board of Licensure for Professional Engineers provided it is a relevant managerial, ethical or technical topic relevant to the practice of engineering or surveying.

•OK ENG

This course may count toward engineers continuing education hours.

•OR ENG

This course may count toward engineers continuing education hours in Oregon, please refer to your rules and laws.

•PA ENG

This program may qualify for 0.0 PDHs for engineers through the Pennsylvania State Board of Professional Engineers, Land Surveyors and Geologists.

•SC ENG 1.5

This course may qualify for 1.5 hours toward the PDH requirement for engineers through the South Carolina Board of Registration for Professional Engineers.

•SD ENG

May be eligible for continuing education by the South Dakota Board of Engineers.

•TN ENG

This course may count toward engineers continuing education hours.

•TX ENG 1.5

This seminar may qualify for 1.5 hours of continuing education for engineers.

•UT ENG

This course may qualify for continuing education credit for engineers.

•VA ENG 1.5

This program may qualify for 1.5 hours of continuing education through the Board for Architects, Professional Engineers, Land Surveyors, Certified Interior Designers and Landscape Architects (APELSCIDLA BOARD).

•WI ENG 1.5

This course may qualify for a maximum of 1.5 hours toward the PDH requirement for engineers. The Wisconsin Engineer Section has final authority on the acceptance of individual courses and providers.

•WV ENG 1.5

This seminar may qualify for 1.5 professional development hours for engineers.

•PMI 1.5

Lorman Business Center, Inc. is a recognized provider registered with the PMI Registered Educational Provider Program (PMI R.E.P.). Lorman Business Center, Inc. accepts and adheres to all PMI R.E.P. Program policies, requirements and rules concerning the provision of professional education activities and materials. This course qualifies for 1.5 PDUs.


Time:  1:00 pm ET (12:00 pm CT, 11:00 am MT, 10:00 am PT)

Length:  1 hour 30 minutes

 

Seminar Summary:

This live audio conference is intended to provide you with best practices to estimate costs and produce bids for successful and profitable construction projects. (see full course description)

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