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Business Project Management Estimation

Estimation Fundamentals

Learn the foundations of estimation and create a free estimation tool in this course!
Rating: 4.1 out of 54.1 (17 ratings)
5,718 students
Created by Mike L
Last updated 8/2020
English
English [Auto]
30-Day Money-Back Guarantee

What you'll learn

  • Overall Process of Estimation
  • How to benchmark and evaluate the performance of an estimate
  • What is data collection and what makes it important in the art of estimation
  • Estimation methods
  • How to create your own simple estimation tool.

Requirements

  • Willingness to learn

Description

Estimation Fundamentals is a comprehensive video course where you can learn the different methods and models  of cost estimations as well as how to create solid data to ensure accurate estimations.


I have handcrafted this course to allow students to acquire core fundamental knowledge on the estimation process as well as how estimations can be used in product development, construction projects, and manufacturing process development.


If you are a project manager or contractor who needs to bill your clients or create quotes, you will find this course of great help to get the fundamental knowledge you need to kick start your professional career. If you own or work inside an engineering consulting firm, this course will provide you with the tools to effectively and efficiently produce accurate estimates.


As long as you have interest in a career that manages the cost of projects, this course can help you to get an advantage at looking for work or giving you an edge over your competitors as it gives you core knowledge of cost estimation fundamentals. And knowledge is power.


So let's get started! Let's start your fulfilling journey and mark an important point of your phenomenal career!

Who this course is for:

  • Engineers who need to do estimates.
  • Contractors and small business owners who need to bill their clients and wondering what to charge
  • Verifying the accuracy and performance of projects and manufacturing of products

Course content

7 sections • 15 lectures • 3h 36m total length

  • Preview07:05

  • Preview09:52
  • What makes a good estimator
    12:56
  • Overall Process
    19:39
  • Product Planning Lifecycle
    14:38

  • Data Requirements
    06:24
  • Work study
    20:14
  • Work Measurement
    26:03
  • Costing
    07:55
  • Cost Estimating
    31:09
  • Overhead
    10:13

  • Cost Estimation Methods
    07:13

  • Work Breakdown and Cost Element Structure
    10:42

  • Estimation Software 101
    28:15

  • Conclusion
    03:58

Instructor

Mike L
A Power Utility Professional Instructor
Mike L
  • 4.2 Instructor Rating
  • 1,145 Reviews
  • 67,106 Students
  • 17 Courses

Mike has been working for many years in the power utility industry. He has experienced working in various roles within the industry and have experience in teaching engineering concepts to the public, fellow engineers and power line professionals. Now, taking all that he has learned, he will help you in discovering the amazing career opportunities within the power utility world.

After graduation, he discovers that many knowledge from the power utility world were not being taught in university courses. Like many engineer graduates who first entered the industry, he soon discovers that although the theoretical knowledge taught in school provides a fundamental knowledge base, it is not adequate to even to do the most basics of engineering job functions. In fact, he soon found out that he could not even communicate things properly with other coworkers as there are various industry-specific lingo and practice that it is very hard to learn without working within the industry for years and years.

Furthermore, knowledge in the how-to are not commonly found in the internet and a lot of times individual teams would only keep knowledge to themselves. This means that even if you are working in these companies, chances are that you may not get the overall picture as much as you hope.

Most people may feel paralyzed and don't know where to start in how to get into the industry or to gain more industrial knowledge. Even worse, most training courses provided by industry leaders are available only to certain employees of their business clients.

Power utility industry provides one of the most basic of needs in modern society and is also one of the industry that will experience rapid growth within the next twenty years. This industry needs professionals like YOU to make electricity more accessible and affordable for the present and the future. Mike believes that the knowledge and skills in this industry should be affordable and open to all.

These courses should teach real life skills that are applicable to the industry and help students in landing their dream job; they should not waste a student's valuable time. Having learned important lessons from working in both engineering and utility companies, Mike will teach you the foundations that will help launch your career in the power utility industry.

Mike promises you that there are no other courses out there as comprehensive and as well explained catering specifically to the power utility industry.

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