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.
Este curso forma parte de Programa Especializado - Construction Management
Construction Cost Estimating and Cost Control
ofrecido por
Acerca de este Curso
4.7
511 calificaciones
Habilidades que obtendrás
Cash FlowCostCost ControlCost Estimate
Programa - Qué aprenderás en este curso
Semana
1Construction 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 (Total: 11 min), 1 reading
1 lectura
Course Survey10m
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 (Total: 12 min), 1 quiz
1 video
1 ejercicio de práctica
Understanding Design10m
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 (Total: 30 min), 2 quizzes
1 ejercicio de práctica
Cost Estimates Quiz10m
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 (Total: 116 min), 1 quiz
14 videos
Facade / Wall Finishes / Measurement Overview9m
Cut and Fill Process and Equipment5m
Cut and Fill Takeoff5m
Cut and Fill Software5m
Introduction to Deep Foundations8m
Concrete Foundation and Concrete Properties13m
Concrete Formwork6m
Concrete Takeoff: Parking Lot Example7m
Concrete Takeoff: Skyscraper Example9m
Quantifying rebar Walkthrough6m
History of Structural Steel10m
Steel Sections in Design9m
Structural Steel Takeoff Example9m
1 ejercicio de práctica
Quantity Take-Off and Measurement14m
Semana
2Pricing
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 (Total: 58 min), 1 quiz
5 videos
Concrete Material: Reinforcing Steel and Concrete4m
Money Component6m
Productivity Component and Examples13m
Estimating Equipment Costs12m
1 ejercicio de práctica
Pricing18m
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 (Total: 53 min), 1 quiz
6 videos
Design Estimate project8m
Schematic Design Estimate Demo9m
Schematic Design: A Deeper Dive4m
Building and Finalizing the Estimate9m
Checks and Due Diligence10m
1 ejercicio de práctica
Building the Estimate8m
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 (Total: 20 min), 1 quiz
2 videos
Bid Stage, Bid Returns and Levelling12m
1 ejercicio de práctica
Procurement14m
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 (Total: 35 min), 1 quiz
1 ejercicio de práctica
Post-Contract Quiz12m
Semana
3Construction Cost Control Methods
Professor Odeh introduces construction cost control and the work segments contained in a project.
2 videos (Total: 20 min), 1 quiz
1 ejercicio de práctica
Cost Control10m
Earned Value Method (EVM)
In this module, Professor Odeh goes deeper into the Earned Value Method of Cost Control.
5 videos (Total: 57 min), 2 quizzes
5 videos
EVM Parameters11m
Performance Examples11m
EVM Favorable Performance12m
Calculating EVM12m
1 ejercicio de práctica
Earned Value Method10m
Close Out Period
Ian Taylor, Project Manager at Turner and Townsend, Inc., introduces cost management close out and punch-list review.
2 videos (Total: 19 min), 1 quiz
1 ejercicio de práctica
Close Out Period10m
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 (Total: 26 min), 1 quiz
3 videos
Tips in Cost Estimating and Cost Management9m
Roles and Responsibilities of Cost Managers9m
1 ejercicio de práctica
Cost Estimation10m
Semana
4Project 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 (Total: 107 min), 1 quiz
12 videos
Accrual Method8m
Contractor Cash Flow6m
Charting Cash Flow3m
Calculating Billing7m
Payment Cycle6m
Payment Cycle Drivers5m
Payment Cycle Delays12m
Schedule of Value10m
Accelerating Revenue6m
Front Loading8m
Delaying Expenses15m
1 ejercicio de práctica
Project Cash Flow14m
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 (Total: 65 min)
5 videos
Estimating Software in Action12m
Workflows15m
Implementation Perspective15m
Next Steps8m
4.7
25%
83%
Principales revisiones
por AS•Dec 16th 2017
I thoroughly enjoyed the detailed explanations provided by Professor Odeh and the professionals from Turner & Townsend. My most favourite part was the lectures of Sam Spata and Ben Miller.
por SP•Jun 25th 2018
If you are having an civil engineering background or from the Management background you must right away take this course it was reall helpfu to widen my knowledge.
Instructor
Ibrahim Odeh, Ph.D., MBA
Instructor, Department of Civil Engineering and Engineering Mechanics, Columbia UniversityDirector of Research and Founder, Global Leaders in Construction Management
Acerca de Columbia University
For more than 250 years, Columbia has been a leader in higher education in the nation and around the world. At the core of our wide range of academic inquiry is the commitment to attract and engage the best minds in pursuit of greater human understanding, pioneering new discoveries and service to society.
Acerca del programa especializado Construction Management
Construction Management is the planning, coordinating, and building of a project from conception to completion. This specialization is intended for Construction industry professionals, engineers, and architects looking to advance their careers. Students interested in learning about construction project management would also benefit from this specialization.
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