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. Learners will work on a break-even analysis of construction tasks in a project. The course begins with Professor Odeh providing an overview of what will be covered. Next, learners explore the stages of design in a construction project. Professor Odeh then describes the types of cost estimates in a construction project, and the tools and methods used to create estimates.
Este curso forma parte de Programa especializado: Gestión de obras
ofrecido por


Acerca de este Curso
There is no prior knowledge that is needed; however, basic knowledge of materials, labor productivity and excel would be beneficial.
Qué aprenderás
The fundamentals of cost estimation and the design phase to perform cost estimation
How to conduct the close out period of the project by exploring the punch lists, final approval, and turnover to the client
The cost control methods emphasizing the Earned Value Method
Habilidades que obtendrás
- Cash Flow
- Cost
- Cost Control
- Cost Estimate
There is no prior knowledge that is needed; however, basic knowledge of materials, labor productivity and excel would be beneficial.
ofrecido por

Universidad de Columbia
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.
Programa - Qué aprenderás en este curso
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.
Understanding Design in the Construction Industry
Ian Taylor, project manager for Turner and Townsend, introduces the stages of design in a construction project.
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.
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.
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.
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.
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.
Construction Cost Control Methods
Professor Odeh introduces construction cost control and the work segments contained in a project.
Earned Value Method (EVM)
In this module, Professor Odeh goes deeper into the Earned Value Method of Cost Control.
Close Out Period
Ian Taylor, Project Manager at Turner and Townsend, Inc., introduces cost management close out and punch-list review.
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.
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.
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.
Reseñas
- 5 stars74,89Â %
- 4 stars20,28Â %
- 3 stars3,29Â %
- 2 stars0,76Â %
- 1 star0,76Â %
Principales reseñas sobre CONSTRUCTION COST ESTIMATING AND COST CONTROL
The main issue that I had was the wrong quizzes. I believe course coordinators need to review and revise some questions on the course. Specially week 2 was full of wrong questions.
The course is great, super informative but too many materials, excel, BIM and powerpoint appears blurry on the screen which decrease what we can take from the course.
Excellent course but need to improve the videos about building an estimate or make available downloadable content because it is difficult to watch the things that are explained on those videos.
One of the important course in specializations. Many useful tools can be found in this course which are used in construction industry and project management.
Acerca de Programa especializado: Gestión de obras
The Construction Management specialization is curated for professionals in the construction and civil engineering industry looking to advance their careers. Through this specialization, students will gain comprehensive industry knowledge along with the latest trends and development within the industry. This 5-course specialization will cover the major facets of construction management including project initiation and planning, scheduling techniques and procedures, cost estimating and control, and construction project financials. After students complete this specialization, they will have gained significant skills and tools to stay relevant and ahead of the curve in the world of construction management.

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