Introduction to Cost Estimating
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What is Cost Estimating?
Developing a Cost Estimating Plan
The Cost Estimating Process
Estimating Classifications
Creating the Basis of Estimate
Types of Cost
Risk and Contingency Planning
Value Engineering
Integration with Project Management/Project Controls
Common Mistakes and impacts of Poor Estimating
Exercise – Build different levels of estimates including a Basis of Estimate
ECITB Accredited
This in-person course has been designed by our industry experts and accredited by the ECITB against their Level 3 training standards. This course will take learners through the theory of Cost Estimating explaining the process of building an accurate estimate and how doing so impacts other Project Controls/Management Disciplines.
The course will be delivered by one of our ECITB approved trainers over a day. The day will include teaching, in-classroom exercises, discussions, and a final exercise. The outputs of this exercise will be presented to the trainer and feedback on this work will be given.
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Course Contents
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