Acerca de este curso: This course introduces the types of cost estimation from the conceptual design phase through the more detailed design phase of a construction project. In addition, the course highlights the importance of controlling costs and how to monitor project cash flow. Students will work on a break-even analysis of construction tasks in a project.
Creada por: Columbia University
Enseñado por: Ibrahim Odeh, Ph.D., MBA, Instructor, Department of Civil Engineering and Engineering Mechanics, Columbia University
Director of Research and Founder, Global Leaders in Construction Management
| Información básica | Curso 3 de 4 en Construction Management Specialization |
| Nivel | Principiante |
| Idioma | English |
| Cómo aprobar | Aprueba todas las tareas calificadas para completar el curso. |
| Calificaciones del usuario |
Programa
SEMANA 1
Construction Cost Estimating and Cost Control Overview
Professor Odeh describes the course and provides an overview of what will be covered. Also covered is an introduction to Construction Cost Estimating and Cost Controls.
1 video, 1 lectura
- Reading: Course Survey
- Discussion Prompt: Introduction to Cost Estimating and Cost Control
Understanding Design in the Construction Industry
Ian Taylor, project manager for Turner and Townsend, introduces the stages of design in a construction project.
1 video
- Discussion Prompt: Understanding Design
Calificado: Understanding Design
Introduction to the Types of Cost Estimates
Professor Odeh describes the types of cost estimates in a construction project. Also covered in this module are the tools and methods used to create estimates.
3 videos
- Vídeo: Cost Indices
- Vídeo: Cost-Capacity Factor
- Discussion Prompt: Cost Indices
Calificado: Cost Estimates Quiz
Calificado: Cost Estimates
Quantity Take-Off and Measurement
James Sneath, Associate Director of Cost Management for Turner and Townsend, and Ian Taylor, Project Manager for Turner and Townsend, discuss Quantity Take Off and Measurement. Estimating cut and fill costs is taught along with a detailed example of using cut and fill software. Also covered in this module is the topic of deep foundations, concrete foundations and structural steel, measurement, masonry, glass curtain wall, facade and wall finishes.
14 videos
- Vídeo: Facade / Wall Finishes / Measurement Overview
- Vídeo: Cut and Fill Process and Equipment
- Vídeo: Cut and Fill Takeoff
- Vídeo: Cut and Fill Software
- Vídeo: Introduction to Deep Foundations
- Vídeo: Concrete Foundation and Concrete Properties
- Vídeo: Concrete Formwork
- Vídeo: Concrete Takeoff: Parking Lot Example
- Vídeo: Concrete Takeoff: Skyscraper Example
- Vídeo: Quantifying rebar Walkthrough
- Vídeo: History of Structural Steel
- Vídeo: Steel Sections in Design
- Vídeo: Structural Steel Takeoff Example
- Discussion Prompt: Quantity Take-off and Measurement
Calificado: Quantity Take-Off and Measurement
SEMANA 2
Pricing
James Sneath, Associate Director of Cost Management for Turner and Townsend, discusses pricing, labor costs and equipment costs. Topics include, cost materials, formwork, reinforcing steel and concrete. Money component and productivity component is discussed in labor costs, as well as estimating equipment costs.
5 videos
- Vídeo: Concrete Material: Reinforcing Steel and Concrete
- Vídeo: Money Component
- Vídeo: Productivity Component and Examples
- Vídeo: Estimating Equipment Costs
Calificado: Pricing
Building the Estimate
James Sneath, Associate Director of Cost Management at Turner and Townsend, Inc., illustrates how to build an estimate. Sneath does a deep dive into a schematic design project.
6 videos
- Vídeo: Design Estimate project
- Vídeo: Schematic Design Estimate Demo
- Vídeo: Schematic Design: A Deeper Dive
- Vídeo: Building and Finalizing the Estimate
- Vídeo: Checks and Due Diligence
Calificado: Building the Estimate
Procurement
James Sneath, Associate Director of Cost Management for Turner and Townsend, discussed the procurement stage of a construction projects and they typical involvement of a cost manager or cost estimator.
2 videos
- Vídeo: Bid Stage, Bid Returns and Levelling
Calificado: Procurement
Post Contract and Cost Estimation within a Project
James Sneath, Associate Director of Cost Management for Turner and Townsend Construction, discusses post contract and cost estimation with a construction project. Also covered in this module are cost reporting, change orders and communication and meetings.
3 videos
- Vídeo: Cost Reporting Examples
- Vídeo: Change Orders and Communication
Calificado: Post-Contract Quiz
SEMANA 3
Construction Cost Control Methods
Professor Odeh introduces construction cost control and the work segments contained in a project.
2 videos
- Vídeo: Defining Methods of Cost Control
Calificado: Cost Control
Earned Value Method (EVM)
In this module, Professor Odeh goes deeper into the Earned Value Method of Cost Control.
5 videos
- Vídeo: EVM Parameters
- Vídeo: Performance Examples
- Vídeo: EVM Favorable Performance
- Vídeo: Calculating EVM
Calificado: Earned Value Method
Calificado: EVM
Close Out Period
Ian Taylor, Project Manager at Turner and Townsend, Inc., introduces cost management close out and punch-list review.
2 videos
- Vídeo: Close Out Activities
Calificado: Close Out Period
Cost Estimation in Practice
James Sneath, Associate Director of Cost Management at Turner and Townsend, Inc., talks about cost estimation in general practice. The unit starts with tips in cost estimating and cost management and ends with a discussion of the international roles of cost managers.
3 videos
- Vídeo: Tips in Cost Estimating and Cost Management
- Vídeo: Roles and Responsibilities of Cost Managers
Calificado: Cost Estimation
SEMANA 4
Project Cash Flow
Ben Miller, Project Manager at Gilbane Building Company, discusses contracts and cash flows. Revenues, expenses and how they impact projects as a whole will be covered.
12 videos
- Vídeo: Accrual Method
- Vídeo: Contractor Cash Flow
- Vídeo: Charting Cash Flow
- Vídeo: Calculating Billing
- Vídeo: Payment Cycle
- Vídeo: Payment Cycle Drivers
- Vídeo: Payment Cycle Delays
- Vídeo: Schedule of Value
- Vídeo: Accelerating Revenue
- Vídeo: Front Loading
- Vídeo: Delaying Expenses
Calificado: Project Cash Flow
Technology Trends in Cost Estimating and Cost Control
Kevin Labrecque, Senior Vice President at Harper Limbach LLC discusses technology trends in cost estimating and cost control. Topics include 5D Estimating Systems (BIM), estimating software, technology workflows, and implementation.
5 videos
- Vídeo: Estimating Software in Action
- Vídeo: Workflows
- Vídeo: Implementation Perspective
- Vídeo: Next Steps
- Discussion Prompt: Technology Trends in Cost Estimating and Cost Control
SEMANA 5
Program Cost Estimating
Christopher Toomey, Senior Vice President at AECOM Global Programs, discusses cost control for large programs.
3 videos
- Vídeo: Defining the Cost of a Capital Program
- Vídeo: Useful Tools for Cost Control
Calificado: Cost Control for Large Programs
Lean in Cost Control
Sam Spata, Owner of Method Lean, presents this module on Lean In Cost Control.
5 videos
- Vídeo: Benchmarking and Normalization Process
- Vídeo: Lean Design: Value
- Vídeo: Lean in Cost Control
- Vídeo: Lean Set Based Design
- Discussion Prompt: Lean in Cost Control
Calificado: Lean in Cost Control
Preguntas Frecuentes
Cómo funciona
Coursework
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Creadores
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Tarifa
| Comprar curso | |
|---|---|
| Accede a los materiales del curso | Disponible |
| Accede a los materiales con calificación | Disponible |
| Recibe una calificación final | Disponible |
| Obtén un Certificado de curso para compartir | Disponible |
Calificaciones y revisiones
Very nice and very much informative, give insight to practical as well theoretical aspect of profession
Provided easy-to-follow, in-depth instruction on best-practices and tools used in the Cost-Estimating / Control for commercial construction projects. The guest lecturers bring in great real-world expertise that gives valuable insight into managing error margins and the overall flow of a project. Highly recommend this course.
Dear Mr. Ibrahim,
First of all thank you for all your efforts and all professionals who are contributed to preparations of this specialization. As a construction professional experienced in airport projects for 10 years and electrical construction manager i found this course useful to refresh information and catch up with up to date trends of construction. I would like to make only a suggestion regarding to this particular Cost Estimating and Cost Control course, May be you can consider to add a session about MEP estimating roughly mentions about mechanical requirements, power requirements and possible cost estimating methodologies on MEP Bids. Another session may be mentioned in LEAN section for Target Value Design.
Thank you very much again for your efforts.
Best Regards
Tuna Yekeler
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The most helpful to me of all four courses that are part of the specialization.