5/21/2024 - Facilities Construction Estimating

Upgrading existing, often occupied buildings can pose difficult estimating problems. Complete plans and specifications are rarely available. Learn the correct methodology for generating accurate, reliable project costs using both unit price and assemblies methods.

Seminar Details

Date:

5/21/24 to 5/23/24

Venue:

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

$1,200.00

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Product Description

Objectives

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 size of project, labor-hours, building code compliance and purchasing materials in smaller quantities
Learn where the costs come from and how they can be applied in specific situations
Understand how to quickly and accurately navigate the layout of RSMeans data sets 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 step in the process
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 (delivered to attendee prior to class start date)

Facilities Construction Cost Data 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: 12 hours, 1.2 CEU’s

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