EXCST 4201 - Construction Estimating
Course Description
In this course you will learn the fundamentals of estimating construction projects costs from concept to completion, including types of cost estimates, the tendering process, costing site overheads, and final assembly of tender. The roles of estimators and industrial cost engineers will be explored as well as value engineering and cost control processes and techniques. Cost risks inherent to Alberta conditions will also be discussed.
Who Should Take This Course?
Aimed at a wide range of construction workers, including tradesmen and journeymen, managers and supervisors, administrators, contractors, consultants, architects, and construction business owners.
Learning Objectives
By the end of this course, students should be able to:
- 🗸 Understand how a construction tender estimate is produced from a set of drawings and a cost database.
- 🗸 Prepare and interpret cost reports and identify costing trends over a number of reporting periods.
- 🗸 Understand the scope of conceptual estimates for construction projects and how these are produced and presented.
- 🗸 Discuss various methods of tendering construction contracts.
- 🗸 Understand the role of the construction estimator within the organization of a typical construction contracting company.
- 🗸 Identify items of particular cost risk for construction projects in western and northern Canada.
Notes
- 🗸Recognized by CIQS, Gold Seal, and Blue Seal both as required education for accreditation and continuing professional development (post-accreditation maintenance).
- 🗸Comprehensive content that covers topics such as project management, scheduling, budgeting, safety, change orders, and contract applications.
- 🗸 Learning materials available through eClass, the University of Alberta’s eLearning management tool.
- 🗸Course assessment includes group work, individual assignments, and exams.
- 🗸This course includes computer-based activities, as Excel will be extensively used in class and for assignments.
Applies Towards the Following Programs
- Construction Estimating and Planning Certificate : Courses in the Certificate
- Construction Management and Administration Certificate : Core Courses