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3 Installment Plan on checkout
You have the option to choose from four easy instalment plans.
14 Days Money Back Guarantee
Hassle-free guarantee on purchase, ensuring quality & your peace of mind.
Course info
Duration
Accredited by
Tutor Support
Course Access
4 Hours 3Minutes
CPD UK & QLS
Included
1 Year
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.
- 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
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.
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%.
Introduction
- 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 – Introduction to Cost Estimating and Management
- Section 1.1 – Introduction and Key Concepts
- Section 1.3 – Cost Management and the Project Lifecycle
- Section 1 : Conclusion
Section 2 – Cost Estimating
- Section 2 – 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 – 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 – Sub-Contract Costs
- Assumptions
- Detailed Example
- Section 2.3 – 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 – Cost Monitoring and Control
- 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
Section 4 – Summary of The Course
- Review of Section 1
- Review of Section 2
- Review of Section 3
- Overall Conclusion
CPD certificates are accepted by thousands of professional bodies and government regulators here in the UK and around the world. Many organisations look for employees with CPD requirements, which means, that by doing this course, you would be a potential candidate in your respective field.
The Quality Licence Scheme is a brand of the Skills and Education Group, a leading national awarding organisation for providing high-quality vocational qualifications across a wide range of industries.
CPD UK And Accredited Certificate Of Achievement
On successful completion of this course, you will be eligible to order your CPD UK accredited certificate of achievement to demonstrate your new skills. The CPD accredited PDF certificate of achievement can be obtained free of cost, which is included in the course. There is an additional fee to get a printed copy certificate which is £25.
Endorsed Certificate From Quality Licence Scheme
On successful completion of the course assessment, you will be eligible to order the QLS Endorsed Certificate by Quality Licence Scheme. The Quality Licence Scheme is a brand of the Skills and Education Group, a leading national awarding organisation for providing high-quality vocational qualifications across a wide range of industries. This will provide you with a competitive edge in your career add extra value to your CV. You can also share this certificate with prospective employers and your professional network which will help you to drive a successful career in your chosen industry. There is a Quality Licence Scheme endorsement fee to obtain an endorsed certificate which is £65.
Course Success Stories
Course info
Duration
Accredited by
Tutor Support
Course Access
4 Hours 3Minutes
CPD UK & QLS
Included
1 Year
Course 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 you’re 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.
