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If you want to improve your skills and techniques in construction cost estimation, you should enrol in our self-paced online Construction Estimator course. This comprehensive training will help you broaden your career prospects and stand out in the competitive field of construction cost estimation. You will learn how to estimate different aspects of a project using budgeting and procurement techniques.
What you will learn from this course?
- Get an introduction to the basics of construction cost estimating and management
- Understand what causes construction projects to fail
- Gain knowledge about different types of construction costs
- Explore how to estimate costs of labour, material, and overheads at various project stages
- Learn about risk and opportunity to understand how to budget
- Develop skills in design cost and procurement cost management
- Identify how cost codes can be a valuable tool to manage accountability
- Learn cash flow analysis with pricing schedule to remain cash-positive during the project
Construction Cost Estimating and Management: A Comprehensive Course
Are you inspired to become a professional construction cost manager with efficient knowledge and skills? Enrol in our Construction Cost Estimating and Management: A Comprehensive Course and explore how the cost estimation of construction projects is managed and conducted to complete the projects within the allocated budget.
In this course, you will learn the fundamental concepts of cost estimation with the significance of management. You will understand how this cost estimation and management is exercised, including control activities in construction projects. This course will teach you the pricing model and various costs, including labour, per unit, plant, material, and subcontract costs. You will also know how margins and overheads are estimated. With expert guidance and interactive lessons, you will acquire design and construction phase cost management.
Join this comprehensive course to gain practical skills and management insights to advance your career.
Who is this Course for?
- This course is eligible for construction project managers, estimators, and engineers
- This course is also suitable for professional and existing employees who want to enhance their knowledge and skills in the cost estimation process
- Anyone who wants to refresh their skills in cost management for the advancement of their career can enrol in this course
- Any beginner who wants to qualify in cost estimation and management to embark on their management career
Entry Requirements
This Construction Estimator Course has no academic prerequisites and is open to students from all disciplines. You can access the course anytime and anywhere from any location. You will, however, need a laptop, desktop, tablet, or smartphone and a reliable internet connection.
Assessment
These Courses for Construction Estimating assesses learners through multiple-choice questions (MCQs). Upon successful completion of the modules, learners must answer MCQs to complete the assessment procedure.
- Through the MCQs, it is measured how much a learner can grasp from each section.
- In the assessment, the pass mark is 60%.
Advance Your Career
This Construction Estimator Course will enable you to design your career by entering your chosen job market. Therefore, with your acquired skills and qualifications, your level of proficiency will increase and make you a tough competition in your desired field, enabling you to develop a successful career. However, if you are interested in learning construction project scheduling , we recommend you join the Construction Planning & Scheduling Management: A Comprehensive Course And gain the necessary skills along with a recognised certificate.
Recognised Accreditation
CPD certificates are accepted by thousands of professional bodies and government regulators here in the UK and around the world. Many organizations look for employees with CPD requirements, which means, that by doing this course, you would be a potential candidate in your respective field.
Course Curriculum
Overall Introduction
How to Take the Course
What is Construction Management
Why Do Construction Projects Fail
Who Am I and Why Should You Bother Listening
Who Are These Courses For
Section 1 โ Introduction to Cost Estimating and Management
Section 1.1 โ Introduction and Key Concepts
Section 1.3 โ Cost Management and the Project Lifecycle
Section 1 : Conclusion
Section 2 โ Introduction
Section 2.1 : Introduction to Cost Estimating
What is Estimating
The Different Types of Estimating
Types of Construction Costs
The Estimating Process
Estimating at Different Project Stages
Section 2.2 : Direct Costs
The Work Breakdown Structure
Case Study : Missing Scope
Delivery Methodology
Case Study โ Delivery Methodology
Pricing Model
Quantity Take-Off
Per-Unit Cost
Labour Costs
Case Study : Labour Costs
Plant Costs
Case Study : Plant Costs
Material Costs
Sub-Contract
Case Study โ Sub-Contract Costs
Assumptions
Detailed Example
Section 2.3 โ In-Direct Costs
Overheads
Preliminaries
Case Study : Preliminary Costs
Insurances and Security
IN-Direct Costs and the Project Schedule
Section 2.4 : Other
Risk and Opportunity
Risk and Opportunity : Case-Study
Margin and Corporate Overheads
Estimate Review
Cash-Flow Analysis
Pricing Schedule
Section 2 Conclusion
Cost Estimating Worked Example
Section 3 : Introduction
Going From an Estimate to a Budget
Case Study : Cost Codes
Design Cost Management
Case Study : Design Cost Management
Procurement Cost Management
Section 3.2 : Construction Phase Cost Management
Earned Value Management
Case Study : Earned Value Management
Cost Code Management
Treatments
Tip : Learn to See Money
Self-Perform Cost Management
Sub-Contract Cost Management
Case Study : Sub-Contract Cost Management
Risk and Opportunity Cost Management
Section 3 : Conclusion
Review of Section 1
Review of Section 2
Review of Section 3
Overall Conclusion
- Individual
- Business
Course info
Duration
Accredited by
Tutor Support
Course Access
243Minutes
CPD UK
Included
1 Year
0121 295 1244Course Review
FAQs
Accurately estimating costs is crucial for creating a successful project plan. To estimate costs, you need to consider various factors such as well-defined work packages, historical data, chart of accounts, risks, activity duration, resources, and unit rates of resources. All of these inputs are essential for creating a comprehensive cost estimate.
Cost estimation aims to determine the quantity, cost, and price of the resources required to complete a job within the project scope.
One must possess several essential skills for cost estimation, including numeracy, attention to detail, a systematic approach to work, negotiation, communication, organisation, and time management. If you want to enhance your professional experience and skills, we suggest enrolling in our Construction Cost Estimating and Management: A Comprehensive Course.
Employers usually prefer to hire candidates who hold a bachelor's degree. However, you can still obtain a higher qualification by taking an online course with a recognized certificate. StudyPlex offers a traditional Construction Estimator course at an affordable price, providing expert knowledge and insights through professional training. Upon completion, you will receive a CPD-accredited certificate that is recognized worldwide.
The course is typically delivered online through our Study Plex's learning platform, where you can access all the course materials and assignments at your own pace.
After successfully registering for the course, you will receive an email regarding your login details, allowing access to your online training course within the next 24 hours.
You will receive an email with your login details upon successfully enrolling for a course. Kindly check your inbox or junk folder and spam folder, or you can contact our award-winning customer support team via [email protected]
You can gift any of our courses to your friends or dearest ones. After purchasing any course as a gift, kindly provide the learner's details via [email protected], and then we will send your gift to the learner with the login details of the course.
Definitely, you can enrol for this self-paced online video training course. Once you purchase the course, you will receive your login details via email. As you will receive lifetime access to the login portal, you can complete your course at your convenient time.
Absolutely! Each course is completely accessible from a tablet, mobile or laptop, as long as you have a secure internet connection.
Upon completing the course, you can order your certificate of achievement as proof of your new skill. You can also explore our websites to check out other courses as well. If youโre interested in learning about construction planning and scheduling procedure , we recommend you join our Construction Planning & Scheduling Management Course Online.
After successfully passing the MCQ exam, you can order the CPD-accredited Construction Cost Estimating and Management: A Comprehensive Course certificate.
No prior knowledge is essential for this course, making it ideal for beginners. However, a positive attitude toward learning is always beneficial.
