RedVector RV-11396

Construction Project Management: Project Estimating

Construction Project Management: Project Estimating

1 hr. Online Course

Level: Intermediate

Item#: RV-11396

SME: S. Sears

Average Rating

4 26
If you were given the task of estimating the future expense of a unit of production in a manufacturing facility you could do it with considerable precision. A plant offers standard conditions, close controls, and consistent processes. Construction estimating, on the other hand, lacks standardization, presents challenging site locations and project conditions. Nevertheless, a skilled and experienced estimator, using cost accounting information gathered from similar previous construction projects, can do a reasonable job of predicting construction costs. The character or location of a project can present unique problems, but there are usually some basic principles and precedents that apply.
 
This interactive online course will walk you through the steps involved in estimating construction projects starting with an overview of cost‐estimating procedures and how the final project budget is reached. Then, you’ll learn how to develop monthly progress estimates and change order estimates. Finally, you’ll become familiar with details about specific estimates that you’ll typically prepare.
 
Posted by arrangement with John Wiley & Sons, Inc. Copyright © 2015 All rights reserved.  
Course Objectives
By the end of this course, you will be able to:
  • Explain how to develop the project estimate
  • List cost models and how they are used by the project manager
  • Recognize ways the project manager uses estimates
  • Identify several types of specialty estimates developed during the execution of the project
SUBJECT MATTER EXPERT: S. Sears
S. KEOKI SEARS is a Project Manager and owner of Project Catalyst Corporation, based in Durango, Colorado.
 
GLENN A. SEARS is an active consultant in construction technology and management.
 
RICHARD H. CLOUGH was Dean of the College of Engineering, University of New Mexico.
 
JERALD L. ROUNDS is professor emeritus of Construction Management and Construction Engineering at the University of New Mexico.
 
ROBERT O. SEGNER, JR. is professor of Construction Science in the College of Architecture at Texas A&M University.
State Licenses
AK - Architect (General - AIA Reg RV2388-2022)
Accreditation: AIA Registered Provider J315
AL - Engineer (General - ,)
AL - Landscape Architect (General - Approved LA CES)
AR - Engineer (General - ,)
Canada - Northwest Territories and Nunavut Engineer (General - ,)
DC - Engineer (General - CE21800018)
DE - Engineer (Business Practice (maximum of 9 hours) - ,)
GA - Architect (General - AIA Reg RV2388-2022)
Accreditation: AIA Registered Provider J315
GA - Contractor, Residential and General (General)
GA - Engineer (General - ,)
GA - Landscape Architect (General - Approved LA CES)
IA - Engineer (General - ,)
ID - Architect (General - AIA Reg RV2388-2022)
Accreditation: AIA Registered Provider J315
ID - Engineer (General - ,)
IL - Architect (General - AIA Reg RV2388-2022)
Accreditation: AIA Registered Provider J315
IL - Engineer, Professional (General - ,)
IL - Engineer, Structural (General - ,)
IN - Architect (General - AIA Reg RV2388-2022)
Accreditation: AIA Registered Provider J315
IN - Engineer (General - Board Approved - CE21800018)
IN - Landscape Architect (General - Approved LA CES)
KS - Architect (General - AIA Reg RV2388-2022)
Accreditation: AIA Registered Provider J315
KS - Landscape Architect (General - Approved LA CES)
KY - Engineer (General - ,)
LA - Engineer (General - ,)
LA - Landscape Architect (General - Approved LA CES)
MD - Engineer (General - ,)
MD - Landscape Architect (Category B - Approved LA CES)
ME - Engineer (General - ,)
MI - Contractor, Residential Builder and M & A (General)
MI - Engineer (General - ,)
MN - Engineer (General - ,)
MO - Architect (General - AIA Reg RV2388-2022)
Accreditation: AIA Registered Provider J315
MO - Engineer (General - ,)
MO - Landscape Architect (General - Approved LA CES)
MS - Engineer (General - ,)
MT - Engineer (General - ,)
NC - Engineer (General - ,)
ND - Engineer (General - ,)
NE - Architect (General - AIA Reg RV2388-2022)
Accreditation: AIA Registered Provider J315
NE - Landscape Architect (General - Approved LA CES)
NH - Engineer (General - ,)
NH - Landscape Architect (General - Approved LA CES)
NJ - Architect (General - AIA Reg RV2388-2022)
Accreditation: AIA Registered Provider J315
NJ - Engineer (General - 24GP000006300)
NM - Engineer (General - ,)
NM - Landscape Architect (General - Approved LA CES)
NV - Engineer (General - ,)
NY - Architect (General - AIA Reg RV2388-2022)
Accreditation: AIA Registered Provider J315
NY - Landscape Architect (General - Approved LA CES)
OH - Engineer (General - ,)
OH - Landscape Architect (General - Approved LA CES)
OK - Engineer (General - ,)
OR - Contractor, Commercial (General)
OR - Engineer (General - ,)
OR - Landscape Architect (General - Approved LA CES)
PA - Landscape Architect (General - Approved LA CES)
PR - Engineer (General - ,)
RI - Architect (General - AIA Reg RV2388-2022)
Accreditation: AIA Registered Provider J315
SC - Engineer (General - ,)
SD - Architect (General - AIA Reg RV2388-2022)
Accreditation: AIA Registered Provider J315
SD - Engineer (General - ,)
SD - Landscape Architect (General - Approved LA CES)
TN - Architect (General - AIA Reg RV2388-2022)
Accreditation: AIA Registered Provider J315
TN - Engineer (General - ,)
TN - Landscape Architect (General - Approved LA CES)
TX - Engineer (General - ,)
UT - Engineer (General - ,)
VA - Architect (General - AIA Reg RV2388-2022)
Accreditation: AIA Registered Provider J315
VA - Engineer (General - ,)
VA - Landscape Architect (General - Approved LA CES)
VT - Engineer (General - ,)
WA - Architect (General - AIA Reg RV2388-2022)
Accreditation: AIA Registered Provider J315
WA - Landscape Architect (General - Approved LA CES)
WI - Architect (General - AIA Reg RV2388-2022)
Accreditation: AIA Registered Provider J315
WI - Engineer (General - ,)
WV - Engineer (General - ,)
WV - Landscape Architect (General (max 6 hrs online) - Approved LA CES)
WY - Engineer (General - ,)
Professional Organizations
American Academy of Environmental Engineers - AAEES - Member (General - ,)
American Hospital Association - AHA - Certified Healthcare Constructor (CHC) (General)
American Hospital Association - AHA - Certified Healthcare Facility Manager (CHFM) (General)
American Institute of Architects - AIA - Architects (General - AIA Reg RV2388-2022)
Accreditation: AIA Registered Provider J315
American Institute of Constructors - AIC - Professional Constructor (General)
American Society of Civil Engineers - ASCE - Academy of Coastal, Ocean, Port & Navigation Engineers (ACOPNE) (General)
American Society of Civil Engineers - ASCE - Academy of Geo-Professionals (AGP) (General)
American Society of Civil Engineers - ASCE - American Academy of Water Resources Engineer (AAWRE) (General)
American Society of Landscape Architects (LA CES) - ASLA - Member (General - Approved LA CES)
Canada - Alberta Architect (General - AIA Reg RV2388-2022)
Accreditation: AIA Registered Provider J315
Canada - Alberta Engineer (General - ,)
Canada - British Columbia Architect (AIBC) (General - AIA Reg RV2388-2022)
Accreditation: AIA Registered Provider J315
Canada - British Columbia Engineer (General - ,)
Canada - Manitoba Architect (General - AIA Reg RV2388-2022)
Accreditation: AIA Registered Provider J315
Canada - Manitoba Engineer (General - ,)
Canada - New Brunswick Architect (General - AIA Reg RV2388-2022)
Accreditation: AIA Registered Provider J315
Canada - New Brunswick Engineer (General - ,)
Canada - Newfoundland and Labrador Architect (General - AIA Reg RV2388-2022)
Accreditation: AIA Registered Provider J315
Canada - Newfoundland and Labrador Engineer (General - ,)
Canada - Northwest Territory Architect (General - AIA Reg RV2388-2022)
Accreditation: AIA Registered Provider J315
Canada - Nova Scotia Engineer (General - ,)
Canada - Ontario Architect (General - AIA Reg RV2388-2022)
Accreditation: AIA Registered Provider J315
Canada - Ontario Engineer (General - ,)
Canada - Quebec Architect (General - AIA Reg RV2388-2022)
Accreditation: AIA Registered Provider J315
Canada - Quebec Engineer (General - ,)
Canada - Saskatchewan Engineer (General - ,)
Canada - Yukon Engineer (General - ,)
Construction Management Association of America - CCM - Certified Construction Manager (General)
Engineers Ireland - IEI - Member (General)
International Facility Management Association - IFMA - Certified Facility Manager (CFM) (General)
National Institute for Certification in Engineering Technologies - NICET (General - ,)
Project Management Institute (PMI) - Project Management Professional (PMP, PgMP, PfMP, PBA) (Technical - RV-11396)
Course Reviews (26)
Closed Captioning/Subtitles would be helpful
By (Engineer, Professional Organization) on Dec, 16, 2019
Closed Captioning/Subtitles would be helpful
A lot of information
By on Apr, 28, 2020
A lot of information
Enjoyed the course
By (Engineer) on Mar, 23, 2020
Enjoyed the course....well explained
excellent
By (Engineer) on Feb, 18, 2020
excellent
some questions regarding budget estimates were asked before it was explained
By (Engineer) on Feb, 08, 2020
some questions regarding budget estimates were asked before it was explained.
Very informative
By on Jan, 24, 2020
Very informative
Very infromative and detailed in analyzing process of construction estimation
By on Dec, 30, 2019
Very infromative and detailed in analyzing process of construction estimation.
I like it simple and very helpfull
By on Jun, 16, 2020
I like it simple and very helpfull
This course help me to understand the better the principle of estimating
By (Engineer) on Nov, 25, 2019
This course help me to understand the better the principle of estimating.
Very Detailed course
By on Jun, 24, 2020
Very Detailed course
This course help me to understand the better the principle of estimating
By (Engineer) on Nov, 25, 2019
This course help me to understand the better the principle of estimating.
Excellent
By (Engineer) on Oct, 04, 2019
Excellent
the narrative was excellent and the document examples were very clear and helped to explain the details of the lecture
By (Building Inspector, Contractor / Trades, Interior Designer, Landscape Architect, Other, Professional Organization) on Aug, 29, 2019
the narrative was excellent and the document examples were very clear and helped to explain the details of the lecture
Ok class
By (Engineer) on Dec, 12, 2019
Ok class
Good content, but don't see how anyone soaks that all up in one hour
By (Engineer) on Nov, 18, 2019
Good content, but don't see how anyone soaks that all up in one hour
Good, steady and clear presentation
By (Engineer) on Oct, 06, 2019
Good, steady and clear presentation. I liked the contrasts between the two types of projects presented.
A great course
By (Engineer) on Feb, 21, 2020
A great course. Very informative.
Good coverage
By on Mar, 20, 2020
Good coverage
I felt it met objectives well
By (Engineer) on Aug, 17, 2019
I felt it met objectives well.
Each module is short enough to be effectively retained and understood
By (Professional Organization) on Aug, 16, 2019
Each module is short enough to be effectively retained and understood.
too long for 1 hour
By (Contractor / Trades, Engineer) on Dec, 10, 2019
too long for 1 hour
Good
By (Professional Organization) on Aug, 29, 2019
Good
good
By on Apr, 02, 2020
good
Last couple slides kept freezing, had to log in and out just to take test
By (Engineer) on Apr, 10, 2020
Last couple slides kept freezing, had to log in and out just to take test.
kept skipping
By on Dec, 04, 2019
kept skipping
Questions do not relate to coures material
By (Engineer) on Mar, 06, 2020
Questions do not relate to coures material