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March 19, 2021
One of the hallmarks of design-build project delivery is early knowledge of costs. This course introduces the fundamentals of conceptual estimating and how to go about assessing risk and calculating costs before design is complete. At the end of the course students will be able to:
- Describe the role of the estimator in design-build
- Describe the various influences affecting building costs
- Describe the various types of estimates
- Describe how estimates are organized using standard estimating formats
- Explain how to use an estimating manual
- Describe how unit prices are developed; explain the fundamental concepts of value engineering
- Explain how to manage and control costs throughout the design process
- Describe the various checks and balances needed to ensure the reliability of the estimate
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