Cost Estimation - Basic course
What you'll learn
- 1- Select the appropriate cost estimation methodology.
- 2- Prepare and collect data required for cost estimating any item.
- 3- Use the best cost estimation form.
- 4- Normalize and describe items and packages breakdown Based on historical data and experience.
- 5- Build a cost estimation procedures
- 6- Build your site observations, productivity, material wastage and cost data base.
- 7- How to quote items and analyze quotations.
- 8- Negotiate prices with suppliers and sub-contractors
Requirements
- No requirements
Description
Cost Estimation is very important process in construction.
This course construction cost estimation is a proficient especially for engineers and student and all related to construction work.
This course is experience in field for the cost estimation and control.
this course gives you the main core of cost estimation you can apply for any item (Civil, Architectural and MEP)
With this course and case study you will learn and be able to:
Identify and define detailed scope of each construction Items.
Select appropriate methodology as the availability of data and project phase.
Prepare data required to estimate items.
How to breakdown items.
How to analyze items.
Normalize and describe items and packages breakdown Based on historical data and experience.
Use the best templates and forms in cost estimate.
Extract equipment's rates and labor wages from finance data.
Build a cost estimation procedures.
Build your site observations, productivity, material wastage and cost data base.
How to quote items and analyze quotations.
Negotiate prices with suppliers and sub-contractors.
You will learn about cost life cycle.
You will learn about cost methodologies.
with some solved examples you will learn about:
- Cost elements (Material, labor and other expenses).
-Cost categories (all item components).Examples like:
-Filling
-Painting
-Slab
Who this course is for:
- Engineers
- Engineering students
- Project mangers
- Cost Estimators
- Cost control engineers
- Quantity surveyors
- Contractors
- Construction supervisor
- site managers
- site engineers
- Procurement Engineers
- Civil Engineers
- Architectural Engineers
Course content
- Preview04:54
- 13:27Chapter 1 - Cost estimation definitions
- 06:29Chapter 2 - Parametric cost estimation methodology
- 07:05Chapter 2 - Analogy cost estimation methodology
- Preview06:36
- 09:26Chapter 2 - Engineering Build-up Cost estimation methodology
- 07:17Chapter 3 - Cost Estimation Life cycle - Accuracy
- 08:18Chapter 3 - How to build a cost breakdown structure
- 11:22Chapter 3 - Factor influence cost estimation and difficulties
- 07:53chapter 4 - Cost Estimation Processes - Tasks related to project definitions 1/2
- 08:08chapter 4 - Cost Estimation Processes - Tasks related to project definitions 2/2
- 09:02chapter 4 - Cost Estimation Processes - Tasks related to Methodology 1/2
- Preview09:09
- 07:00chapter 4 - Cost Estimation Processes - Tasks related to Estimating cost
- 09:13chapter 4 - Cost Estimation Processes - Estimator job
- 11:05Chapter 5 - Case study 1/2
- 16:20chapter 5 - Case Study 2/2
Instructor
![Ahmed Said Refaei](data:image/svg+xml,%3Csvg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 64 64"%3E%3C/svg%3E){kind=avatar}
- 4.3 Instructor Rating
- 171 Reviews
- 4,179 Students
- 3 Courses
More than 25 years experience in construction projects.
A- Project manager for 5 years.
B- Site Engineer more than 10 years.
B- Procurement manger for 3 years.
D- Planning and control manager for 7 years
Education & skills
1. ٍStudying PhD at Cairo University in Project Management.
2. Master's degree from Helwan University in Project Management " Planning and Managing construction projects funding".
3. MBA – Mountain California University.
4. B.Sc. in Civil Engineering.
5. IPMA Certified – Projects Manager Level C
6. PMP - Certified
7. Project Risk Management certified (Practical workshops)
8. Life time Member of ASPMEXP (American Society of Project Management Expert)
9. I have held several workshops in:
· Project risk management.
· Cost Control construction items.
· Managing Profitable Projects.