CM 240 Construction Cost Estimating (3)
Lec-52.5, field trips
Credit, Degree Applicable
A study of the fundamental approaches to estimating the cost of building construction projects. Topics discussed include: types of construction estimates; the material takeoff process; the use of computers in estimating; total project estimating including direct costs, indirect costs, contingency and profit.
Offered Fall semesters
After successful completion of this course, students will be able to:
- Outcome 1: Describe the estimating process, identifying the information required to construct an estimate, differentiating between different types of estimates and relating their appropriate use to the different phases of the construction process.
- Outcome 2: Assemble and price an estimate for a building construction project including direct costs, indirect costs, profit and contingencies; develop material and labor quantity takeoffs for key construction systems.
- Outcome 3: Analyze construction documents to determine methods and means of construction in order to estimate rates of productivity, equipment and labor requirements.
- Outcome 4: Describe the contractual, ethical and business considerations which influence the preparation of construction estimates.