Learn how to use the tools and techniques that professionals apply to keep their projects on track and within budget. Enroll now to advance your career!
Read more.Instructor
Construction management skills can be taught. I firmly believe this. Thorughout my years as a project engineer designing and delivering major infrastructure projects, I've made plenty of mistakes and am here to try and prevent you from making the same ones!
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Who this course is for:
- Construction Engineers
- Quantity Surveyors
- Junior Engineers
- Construction Management Professionals
- Individuals exploring career opportunities in the construction industry
What you’ll learn:Â
- Construction Cost Management
- Construction Cost Estimating
- How to accurately estimate construction costs
- Quantity take-offs
- Construction Cost Monitoring and Control
- Earned Value Management
- How to monitor and control construction costs
Requirements:Â
- A keen interest in construction management
- A basic understanding of construction projects
Welcome to our beginner-friendly course on Construction Cost Estimating! In this course, you’ll learn the fundamental skills of construction management that ensure projects are completed within budget. Whether you’re an engineer, quantity surveyor, or construction management professional, this course is designed to further develop your expertise.Â
Our course is packed with engaging lectures, quizzes, and practical activities that simulate real-world construction projects. You’ll gain hands-on experience in the essential tasks you’ll encounter in your career.Â
The course is divided into three sections. In the introduction, we cover the basics of construction cost management, including its significance and the overall project process. We’ll connect these skills to the different stages of a construction project, providing you with a comprehensive understanding of their practical application.Â
Section 2 focuses on cost estimating, the crucial tool for accurately quantifying construction costs. You’ll learn how to determine the cost of delivering a construction project by covering topics such as introduction to estimating, pricing models, quantity take-offs, direct and indirect cost estimation, final estimate review, and submitting estimates to clients.Â
In Section 3, we shift our focus to cost management and control. Here, you’ll discover how to monitor and control construction costs throughout project delivery. We’ll delve into essential techniques like earned value management, budget setup, and cost monitoring and tracking. You’ll gain the skills needed to identify and address budget issues early on.Â
We hope this course provides valuable insights and practical knowledge to support your career growth. Enjoy the course and happy learning!
Our Promise to You
By the end of this course, you will have learned how to complete projects under budget.
10 Day Money Back Guarantee. If you are unsatisfied for any reason, simply contact us and we’ll give you a full refund. No questions asked.
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Course Curriculum
| Section 1 - Introduction And Context | |||
| Cost Estimating – Introduction | 00:00:00 | ||
| How To Take The Course | 00:00:00 | ||
| What Is Construction Management | 00:00:00 | ||
| Why Do Construction Projects Fail | 00:00:00 | ||
| Who Am I And Why Should You Bother Listening? | 00:00:00 | ||
| Who Are These Courses For? | 00:00:00 | ||
| Assignment 1 – How Do You Think Cost Estimating And Management Happens? | 00:00:00 | ||
| Section 1 – Introduction | 00:00:00 | ||
| Downloadable Course Resources | 00:00:00 | ||
| Introduction And Key Concepts | 00:00:00 | ||
| Importance | 00:00:00 | ||
| Project Life Cycle | 00:00:00 | ||
| Chapter 1 Quiz | Unlimited | ||
| Section 1 – Conclusion | 00:00:00 | ||
| Section 2 - Cost Estimating | |||
| Section 2 – Introduction | 00:00:00 | ||
| Section 2.1 – Introduction | 00:00:00 | ||
| What Is Estimating | 00:00:00 | ||
| Types Of Estimating | 00:00:00 | ||
| Construction Costs | 00:00:00 | ||
| The Estimate Process | 00:00:00 | ||
| Estimating At Different Project Stages | 00:00:00 | ||
| Chapter 2.1 Quiz | Unlimited | ||
| Section 2.2 – Introduction To Direct Costs | 00:00:00 | ||
| Work Breakdown Structure | 00:00:00 | ||
| Case Study – Missing Scope | 00:00:00 | ||
| Delivery Methodology | 00:00:00 | ||
| Case Study – Delivery Methodology | 00:00:00 | ||
| Pricing Model | 00:00:00 | ||
| Quantity Take-Off | 00:00:00 | ||
| Per-Unit Rate Cost | 00:00:00 | ||
| Tip – Productivities | 00:00:00 | ||
| Labour Costs | 00:00:00 | ||
| Labour Costs – Electricians Vs Comms Techs | 00:00:00 | ||
| Plant | 00:00:00 | ||
| Case Study – Crane Usage | 00:00:00 | ||
| Materials | 00:00:00 | ||
| Sub-Contract | 00:00:00 | ||
| Case Study – Sub-Contract | 00:00:00 | ||
| Assumptions | 00:00:00 | ||
| Detailed Examples | 00:00:00 | ||
| Assignment 2 – Calculate The Costs Yourself | 00:00:00 | ||
| Chapter 2.2 Quiz | Unlimited | ||
| Section 2.3 – Introduction | 00:00:00 | ||
| Overheads And Staff | 00:00:00 | ||
| Preliminaries | 00:00:00 | ||
| Case Study – Preliminary Costs | 00:00:00 | ||
| Insurances And Security | 00:00:00 | ||
| In-Direct Costs And The Project Schedule | 00:00:00 | ||
| Chapter 2.3 Quiz | Unlimited | ||
| Section 2.4 – Introduction | 00:00:00 | ||
| Risk And Opportunity | 00:00:00 | ||
| Risk And Opportunity Case Study | 00:00:00 | ||
| Margin And Corporate Overheads | 00:00:00 | ||
| Estimate Review | 00:00:00 | ||
| Cash Flow Analysis | 00:00:00 | ||
| Pricing Schedule | 00:00:00 | ||
| Chapter 2.4 Quiz | Unlimited | ||
| Section 2 – Conclusion | 00:00:00 | ||
| Section 3 - Cost Management | |||
| Section 3 – Introduction | 00:00:00 | ||
| Pre-Construction Cost Management | 00:00:00 | ||
| Transfer Estimate To A Budget | 00:00:00 | ||
| Cost-Code Set-Up And NDD | 00:00:00 | ||
| Design Cost Management | 00:00:00 | ||
| Metro Tunnel Example | 00:00:00 | ||
| Procurement Cost Management | 00:00:00 | ||
| Chapter 3.1 Quiz | Unlimited | ||
| Construction Cost Management | 00:00:00 | ||
| Earned Value Management | 00:00:00 | ||
| Case Study – Earned Value Management | 00:00:00 | ||
| Cost-Code Management | 00:00:00 | ||
| Treatments | 00:00:00 | ||
| Seeing Money – Fintan’s Advice | 00:00:00 | ||
| Self-Perform Cost Management | 00:00:00 | ||
| Sub-Contractor Cost Management | 00:00:00 | ||
| Electrical Sub-Contract | 00:00:00 | ||
| Risk And Opportunity | 00:00:00 | ||
| Chapter 3.2 Quiz | Unlimited | ||
| Section 3 – Conclusion | 00:00:00 | ||
| Section 4 - Conclusion | |||
| Introduction | 00:00:00 | ||
| Section 1 Review | 00:00:00 | ||
| Section 2 Review | 00:00:00 | ||
| Section 3 Review | 00:00:00 | ||
| Overall Conclusion | 00:00:00 | ||
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