6/11/2024 - Mechanical & Electrical Estimating

Typically, 30% to 40% of a building’s cost is for HVAC, plumbing, fire protection and electrical work, which makes mechanical and electrical estimating the single most significant component of project costing. Attendees will learn how to prepare accurate and complete mechanical and electrical estimates and to avoid the pitfalls of omission and double-counting during this virtual training class.

Seminar Details

Date:

6/11/24 to 6/13/24

Venue:

Virtual | Class Time: 12 p.m. to 4 p.m. EST

$1,200.00

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Product Description

Objectives

Understand how mechanical and electrical systems are interrelated and how to prevent common estimating mishaps, like omissions and double counting
Insight into comparative analyses of different mechanical and electrical equipment
Improve estimating accuracy and planning methods
Learn how mechanical and electrical data is generated within RSMeans data
Practice navigating RSMeans data in the robust collection of construction cost publications

What Will Be Covered

Different construction delivery methods
Order of magnitude, square foot, assemblies and unit price estimating
How to price construction projects and localize cost estimates
Understanding the importance of having a well-defined scope of work when preparing an estimate
Overview of the various components of an estimate, such as materials, labor, equipment, overhead and profit
Understanding the impact that change orders and overtime can have on the overall cost of a project
How to be more efficient in preparing estimates and what techniques can be adopted to save time
How building codes and relation to building requirements help supply data for budget preparations
Making the best us of RSMeans data reference material and estimating tips to ensure your estimate is complete
Potential sources of errors in mechanical and electrical quantity takeoff

Materials Included (delivered to attendee prior to class start date)

Mechanical Cost Data Book
Electrical Cost Data Book
Plumbing Cost Data Book
Mechanical and Electrical Cost Data Workbook

Who Should Attend

Architects, engineers, facilities managers, mechanical and electrical contractors and anyone who needs a highly reliable method for developing and evaluating mechanical and electrical project costs

Continuing Education Credit Eligibility

Approved for Continuing Education Units by the Association for the Advancement of Cost Engineering (AACE) International Certification Board Continuing Education Units:
AACE: 13 hours, 1.3 CEU’s

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