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 15
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 - ,)
DC - Engineer (General - ,)
DE - Engineer (Business Practice (maximum of 9 hours), General - ,)
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 Territories and Nunavut 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 (15)
Did a great job breaking down a complex subject into understandable segments
By (Contractor / Trades) on May, 13, 2019
Did a great job breaking down a complex subject into understandable segments.
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
Excellent
By (Engineer) on Oct, 04, 2019
Excellent
A bit too much explanation of more obvious concepts
By (Engineer) on Jul, 31, 2019
A bit too much explanation of more obvious concepts. More detail should be put into specific areas such as actually performing the quantity takeoffs, factors used to determine specific percentages, etc.
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.
I felt it met objectives well
By (Engineer) on Aug, 17, 2019
I felt it met objectives well.
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.
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
There were glitches like on the other presentation where I was unable to use the advance button but instead had to go to the menu page and click on each subject in order to advance to the next one
By on Mar, 27, 2019
There were glitches like on the other presentation where I was unable to use the advance button but instead had to go to the menu page and click on each subject in order to advance to the next one. When I took a break it displayed I had completed the course when I had not.
good course
By on Apr, 15, 2019
good course
Good
By (Professional Organization) on Aug, 29, 2019
Good
video had repeated loading issues
By (Professional Organization) on May, 08, 2019
video had repeated loading issues. will attempt view at later date and re-evaluate
video had repeated loading issues
By (Professional Organization) on May, 08, 2019
video had repeated loading issues. will attempt view at later date and re-evaluate
Content was good - but I did not like the interface
By (Engineer, Professional Organization) on May, 10, 2019
Content was good - but I did not like the interface. It did not work well in either Chrome or Internet Explorer.
video had repeated loading issues
By (Professional Organization) on May, 08, 2019
video had repeated loading issues. will attempt view at later date and re-evaluate