
Each section's slide notes are available as a downloadable file by the first clip in the section.
Explore how productivity and activity duration drive labor cost in construction, comparing unit-based and duration-based methods, and applying daily output to estimate hours and days.
Each section's slide notes are available as a downloadable file by the first clip in the section.
Build a spreadsheet to estimate total clothing costs, applying discounts of 40% off suits, 35% off pants, 20% off shirts, tees, and dresses, plus 7% tax.
Each section's slide notes are available as a downloadable file by the first clip in the section.
Explore the five to one classes of cost estimating, from ballpark to detailed estimates, and learn how accuracy, feasibility studies, and WBS guide budgeting and project control.
Explore competitive bidding, selective bidding, and direct or indirect award methods, and learn how time matters with plus D and lane renting incentives, including A plus B decision logic.
Collaborate in groups to practice basic cost estimating concepts from chapter three, solving true/false and multiple-choice questions, and submit your elaborative answers to the exercise three box on e-courses.
Each section's slide notes are available as a downloadable file by the first clip in the section.
Compute labor costs for two crews over three weeks with four workers at $30 per hour. Add workers' compensation and overhead—builders insurance, bonds, and architecture fees—to determine the initial estimate.
Each section's slide notes are available as a downloadable file by the first clip in the section.
Explore how inflation and cost escalation affect construction project estimates by applying the compound interest formula to calculate future costs, using historical cost indices and annual escalation rates.
Each section's slide notes are available as a downloadable file by the first clip in the section.
Estimate precast concrete elements such as beams and columns, including delivery and installation costs. Understand bare cost versus total cost with overhead and profit for precast versus cast in place.
Identify and reference formwork and reinforcement quantities for beams, girders, columns, elevated slabs, and slab-on-grade, converting areas to linear feet and tonnage with 10% contingencies to complete the cost calculation.
Each section's slide notes are available as a downloadable file by the first clip in the section.
Each section's slide notes are available as a downloadable file by the first clip in the section.
Each section's slide notes are available as a downloadable file by the first clip in the section.
Explore division seven's thermal and moisture control, building envelope concepts, and practical roof calculations, including rafter length via Pythagorean theorem and roof slope factors.
Compute the volume of all wood elements and practice, with the answers posted by midnight for review tomorrow.
With over 27 hours of content in more than 180 lecture videos along with 14 exercises and 13 assignments, all with step-by-step solution videos, this course provides essential guidance on construction project cost estimation using the world's most popular construction cost data source, the RSMeans. Step-by-step instruction guides students through several exercises emphasizing real-world problem-solving skills. Estimating skills are critical at all levels of the construction industry, and the learning process also strengthens the understanding of blueprints and construction assemblies. This course provides comprehensive instruction on all aspects of the estimation process, with detailed guidance.
Table of contents:
Basic Calculations
Spreadsheet Types
Cost Estimating: An Introduction
General Requirements
Adjusting RSMeans Data to Job Conditions
Concrete
Masonry
Metals
Wood and Plastics, Thermal and Moisture Protection
Doors and Windows, Interior Finish, and Equipment
Fire Suppression, Plumbing, Mechanical, and Electrical
Earthwork
Equipment Analysis
Assemblies Estimating
By completing this course, you will be able to:
Define and explain basic estimating calculations, spreadsheets, and general requirements
Adjust RSMeans data to account for local labor rates, overtime, markups, and more
Estimate material costs for concrete, masonry, metals, wood, and plastics
Analyze costs for structural elements, finishes, mechanical systems, and groundwork
Integrate equipment, assemblies, depreciation, and more into a complete estimate
This course will use the following textbook and RSMeans as the unit-cost database.
How to Estimate with RSMeans Data: Basic Skills for Building Construction, 5th Edition; RSMeans, Saleh A. Mubarak; ISBN: 978-1-118-97797-2, March 2020
You can refer to the following textbook for further discussions and reading.
Fundamentals of Construction Estimating 2nd Edition; Author: David Pratt; Publisher: Delmar Cengage Learning; ISBN# 1-4018-0959-6