Estimating

Participants in CCI’s Gold Seal Construction Estimating course will learn how to develop and submit a construction bid.  This is accomplished through a series of real world, hands-on exercises to understand the key issues at each stage of the estimating and bid process.  Topics include:

·         Reviewing the project life cycle and alternative methods of contracting for construction projects

·         Defining the role of estimation throughout the project life cycle

·         Understanding “preliminary estimating methods”, i.e., estimating techniques used during project planning and prior to tendering

·         Reviewing the UniFormat and MasterFormat standards for organizing information about construction projects

·         Detailing the relationship between procurement law and processes and detailed estimating

·         Understanding how estimators use construction cost estimating to develop a bid price

·         Describing and applying the processes used to develop detailed cost estimates, including quantity takeoff, costing, and markup

·         Discussing the processes used to finalize and submit a bid

This course addresses the needs of both general contractors and subcontractors to have effective processes to develop reliable cost estimates and prices.  Students will work with actual bid documents including drawings and specifications to learn core estimating principles and processes.  The final exam will consist of a take home project to prepare and submit a bid.

Estimating is a complex and detailed aspect of construction management.  This three day course will ensure that students understand the key concepts and methods used to price proposals.  We recommend students be familiar with reading construction drawings and have a general understanding of construction project tendering and contracting practices.

This course provides 3 Gold Seal credits.