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Construction Estimating
January 17, 2017 @ 8:00 am - January 18, 2017 @ 4:30 pm
Participants will learn skills and knowledge to estimate construction projects and prepare a successful bid. The course is designed for construction estimators and those with experience in construction that desire to be estimators or improve their knowledge of estimating. At the end of the course participants will be able to:
- Analyze projects and decide on which ones to bid
- Understand risk analysis and how to price this into a bid
- Do competitor analysis and understand how this impacts the bid
- Do client risk analysis and how to price this into bids
- Record material and other prices and maintain contact lists
- Formulate a bid strategy
- Understand how to prepare an estimate and the estimating process
- Use Construction Division Codes
- Understand how to present a bid
- Be familiar with how to use the bid depository
- Understand the requirements for bonding and insurance
- Understand the post-bidding process
- Work with project managers to pass on knowledge of the bid
Topics to be covered:
- Project analysis
- Risk analysis
- Competitor analysis
- Client risk analysis
- Record keeping
- Bid strategies
- Preparing estimates and the estimating process
- Construction Division Codes
- Presenting bids
- Bid depository
- Bonding and insurance
- Post-bidding process