8:30 a.m. - 4:30 p.m. EST
2/7/2024 - Facilities Construction Estimating
Upgrading existing, often occupied, buildings can pose difficult estimating problems. Complete plans and specifications are rarely available. And yet you are expected to produce a realistic estimate. Learn the correct methodology for generating accurate, reliable project costs using both unit price and assemblies methods.
8:30 a.m. - 4:30 p.m. EST
- Learn how to identify potential problems and provide estimating solutions to building alterations.
- Receive step-by-step procedures for factoring in minimum labor costs, accurate productivity estimates and allowances for typical project contingencies.
- Understand estimating considerations such as project size, labor hours, building code compliance and purchasing materials in smaller quantities.
- Learn where direct and indirect costs come from and how they can be applied in specific situations.
- Understand how to quickly and accurately navigate the layout of RSMeans datasets and publications.
What Will Be Covered
- How the data is built and where to find specific information
- The estimating process and the importance of each process step
- The value of the Reference Section
- Renovation estimating challenges and how to avoid common errors that defeat an estimate
- How to close the gap between the budget estimate and the contractor’s bid
- How context and process scopes affect the estimates
- Evaluation of the structure, defining the start and finish of the scope
- Overhead costs for a construction company and development of contractors’ billing rates
- Unit price renovation estimates – job orientation, sources of cost information and pricing the estimate
- Using and modifying assemblies for renovation estimating
Materials Included (Received on-site on the first day of training)
- Latest edition of Facilities Construction Costs with RSMeans data Cost Book
- Facilities Estimating Workbook
Who Should Attend
Facility managers, plant engineers, architects, contractors, estimators, builders and others concerned with proper preparation and/or evaluation of renovation estimates.
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: 14 hours, 1.4 CEU’s
Lodging & Travel
Registration for this seminar does not include travel or accommodations. Continental breakfast, lunch and refreshments will be provided each day.
Breakfast, dinner, lodging, airfare and transportation to and from the venue are the responsibility of the student.