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Estimation And Costing Play A Vital Role In Construction Management.

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By Author: NIBT
Total Articles: 167
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Estimation and Costing are the significant aspects of construction management. Whether you are a property owner or a contractor, you need to have a precise and exact forecast of how much a building project will cost and how long it will take to complete the project. Learn in-depth the cost estimation in the construction process, best practices, pitfalls for construction estimator.

ESTIMATION AND COSTING: THE BASICS AND BEYOND

Overview
What’s it about?
Every building has its price whereas accurate forecasting the cost of future projects is an essential skill for civil engineers and cost estimators.
This course focuses on approaches to estimating costs and schedules for any project. You will be preparing for the various project areas that must be evaluated, the tools and the methodologies best suited for the estimates. Also, recognize the importance of effective estimating throughout the project management lifecycle.

Objective
The aim of this course:

•Understand the Sensitivity of estimates
•Basic spreadsheet based estimating
•Types of resources used in projects
•Cost estimating techniques
•Establishing cost budgets
•Revision of cost budgets
•Identifying cost control requirements
•Effective cost control techniques
•Reporting cost performance progress
•Early identification of deviation from cost budget

Course Design
Who is this course designed for?

•Business owners
•Estimators
•Builders
•Civil Engineers
•Architectural Students
•Construction Professionals
•Project Managers
•Project Coordinators
•Site and Work Managers
Technology
What’s involved?
The technology involved in this course is AutoCAD, Revit, Navisworks, Synchro, Microsoft.

Opportunites
Who can I be after this course?

If you are excited to know what your future could be in this area, below are some potential careers you could consider:
•Construction Estimator
•Cost Estimator
•Project Manager

Source:https://nibt.education/elearning/courses/83-estimating-and-costing

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