Early Bird: Member $425.00 | Non-Member $525.00 - AFTER 9/6/2023 Member $525.00 / Non-Member $625.00
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INSTRUCTOR:
Nils J. Gransberg, Ph.D., AC, A.M.ASCE
Purpose and Background
This seminar is a series of learning modules that have been developed to break down the construction cost engineering process into its component steps and reassemble it into a straightforward, logical methodology for the development of valid cost analyses of construction projects from the owner’s standpoint. The seminar will alternate between lecture/discussion periods and short, high-impact exercises which are designed to reinforce the preceding lecture’s learning objectives. This course provides a comprehensive view of the cost engineering process as a fully integrated system rather than the conventional approach of separate but related activities.
Benefits and Learning Outcomes
Upon completion of this course, you will be able to:
- Develop a top-down cost estimate.
- Make project planning decisions that result in a Work Break-down Structure.
- Develop a value-loaded construction schedule.
- Explain the limitations of commercial estimating manuals and databases.
- Create and properly coordinate a detailed bottom-up parametric estimate.
- Explain the cost engineering differences between traditional Design-Bid-Build and Design-Build project estimates.
Assessment of Learning Outcomes
Achievement of the learning outcomes will be assessed through class discussion a short post-test (true-false, multiple choice and fill in the blank questions).
Who Should Attend?
- Civil Engineers
- Architects and Design Professionals
- Project Managers
- Owner’s Representatives
- Construction Professionals
Outline
DAY 1
- Introduction to Parametric Estimating
- Location Factors, Indexes, and Inflation
- Cost Scoping
- Cost Breakdown Structure Practical Exercise
DAY 2
- Estimating Manuals and Databases
- Feasibility Estimates
- Developing Top-Down Parametric Cost Estimating Factors
- Top-Down Parametric Cost Estimating Factors
How to Earn your CEUs/PDHs
This course is worth 1.6 CEUs /16 PDHs. To receive your certificate of completion, you will need to complete a short on-line post-test and receive a passing score of 70% or higher within 30 days of the course.
How do I convert CEUs to PDHs?
1.0 CEU = 10 PDHs [Example: 0.1 CEU = 1 PDH]