Course description
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.
Upcoming start dates
Upcoming start dates
Suitability - Who should attend?
- Construction Manager
- Construction Cost Estimator
- Project manager
- Construction worker
- Property Developer
- Engineers
Outcome / Qualification etc.
At the end of the Construction Cost Estimating and Cost Control training course , you will
- Deepen your understanding of Construction Management
- Have a solid grasp of cost estimation in project management
- Explore the new aspects of cost estimation
- Learn about the elements and factors influencing cost estimation
- Discover the cost controlling techniques
- Strengthen your knowledge of cost estimation in the construction
- Gain an excellent understanding of project cost management
- Determine the process of project material management
Training Course Content
Day 1
- Construction Cost Estimating and Cost Control Overview
- Introduction to Cost Estimating and Cost Control
- Understanding Design in the Construction Industry
- Introduction to the Types of Cost Estimates
- Quantity Take-Off and Measurement
Day 2
- Pricing
- Building the Estimate
- Procurement
- Post Contract and Cost Estimation within a Project
Day 3
- Construction Cost Control Methods
- Earned Value Method (EVM)
- Close Out Period
- Cost Estimation in Practice
Day 4
- Project Cash Flow
- Technology Trends in Cost Estimating and Cost Control
Day 5
- Programme Cost Estimating
- Lean in Cost Control
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London Premier Centre
London Premier Centre is a UK leading training provider based in London and specialises in international short courses. Our inspiring, comprehensive portfolio of more than 400 professional development courses and seminars covers a wide range of professions from Administration, Leadership,...