English, Planification, Construction M Tchamakam English, Planification, Construction M Tchamakam

How to Make Accurate Building Cost Estimates: A Guide for Managers (Document)

The general objective of this course is to explain the fundamentals of cost estimation to engineers, managers, and professionals involved in the construction industry. At the end of the course, the professional should be able to develop a critical opinion and contribute to discussions related to cost estimation and cost engineering. The following key questions will be covered.

1. What is cost estimation? and what skills are necessary for cost estimators?

2. Which steps are required to develop a cost estimate?

3. What is the falsification criteria for cost estimate?

4. Are there any actions to be done after a cost estimate was developed?

5. How to distinguish between the various project delivery methods?

6. Can one review an example of how to develop a high-level and preliminary cost estimate?

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