Cost Estimating For Construction Projects

teaching quantity takeoff and cost estimating of earthwork, concrete job, steel work, wood work, masonry, and more

What you'll learn

Define and explain basic estimating calculations, spreadsheets, and general requirements

Adjust RSMeans data to account for local labor rates, overtime, markups, and more

Estimate material costs for concrete, masonry, metals, wood, and plastics

Analyze costs for structural elements, finishes, mechanical systems, and groundwork

Integrate equipment, assemblies, depreciation, and more into a complete estimate

Requirements

No specific prerequisite is required.

Description

With over 27 hours of content in more than 180 lecture videos along with 14 exercises and 13 assignments, all with step-by-step solution videos, this course provides essential guidance on construction project cost estimation using the world's most popular construction cost data source. Step-by-step instruction guides students through several exercises emphasizing real-world problem-solving skills. Estimating skills are critical at all levels of the construction industry, and the learning process also strengthens the understanding of blueprints and construction assemblies. This course provides comprehensive instruction on all aspects of the estimation process, with detailed guidance.Table of content:Basic CalculationsSpreadsheet TypesCost Estimating: An IntroductionGeneral RequirementsAdjusting RSMeans Data to Job ConditionsConcreteMasonryMetalsWood and Plastics, Thermal and Moisture ProtectionDoors and Windows, Interior Finish, and EquipmentFire Suppression, Plumbing, Mechanical, and ElectricalEarthworkEquipment AnalysisAssemblies EstimatingBy completing this course, you will be able to:Define and explain basic estimating calculations, spreadsheets, and general requirementsAdjust RSMeans data to account for local labor rates, overtime, markups, and moreEstimate material costs for concrete, masonry, metals, wood, and plasticsAnalyze costs for structural elements, finishes, mechanical systems, and groundworkIntegrate equipment, assemblies, depreciation, and more into a complete estimateThis course will use the following textbook and RSMeans as the unit-cost database.How to Estimate with RSMeans Data: Basic Skills for Building Construction, 5th Edition; RSMeans, Saleh A. Mubarak; ISBN: 978-1-118-97797-2, March 2020You can refer to the following textbook for further discussions and reading.Fundamentals of Construction Estimating 2nd Edition; Author: David Pratt; Publisher: Delmar Cengage Learning; ISBN# 1-4018-0959-6

Overview

Section 1: Introduction

Lecture 1 Meet the Professor

Lecture 2 My Bio

Lecture 3 Introduction

Section 2: Basic Calculations

Lecture 4 RSMeans Cost Data Format

Lecture 5 Productivity and Activity Duration

Lecture 6 Equipment Costs

Lecture 7 City Cost Indexes and Location Factors

Section 3: Spreadsheet Types

Lecture 8 Manual Spreadsheets

Lecture 9 Electronic Spreadsheets

Lecture 10 Using RSMeans Online Estimating

Lecture 11 Example

Lecture 12 Exercise 01

Lecture 13 Exercise 01. Solution

Lecture 14 Exercise 01. Solution - Step-by-Step

Lecture 15 Exercise 02. Problem 1

Lecture 16 Exercise 02. Solution 1

Lecture 17 Exercise 02. Solution 1 - Step-by-Step

Lecture 18 Exercise 02. Problem 2

Lecture 19 Exercise 02. Solution 2

Lecture 20 Exercise 02. Solution 2 - Step-by-Step

Lecture 21 Exercise 02. Problem 3

Lecture 22 Exercise 02. Solution 3

Lecture 23 Exercise 02. Solution 3 - Step-by-Step

Lecture 24 Exercise 02. Problem 4

Lecture 25 Exercise 02. Solution 4

Lecture 26 Exercise 02. Solution 4 - Step-by-Step

Lecture 27 Assignment 01. Solution - Part 1

Lecture 28 Assignment 01. Solution - Part 2

Lecture 29 Assignment 01. Solution - Part 3

Section 4: Cost Estimating: An Introduction

Lecture 30 Cost Estimating- An Introduction

Lecture 31 Types and Purposes of Estimates

Lecture 32 Types of Contract Award Methods

Lecture 33 Types of Contract Agreements

Lecture 34 Exercise 03

Lecture 35 Exercise 03. Problem 1

Lecture 36 Exercise 03. Solution 1

Lecture 37 Exercise 03. Solution 1 - Step-by-Step

Lecture 38 Exercise 03. Problem 2

Lecture 39 Exercise 03. Solution 2

Lecture 40 Exercise 03. Problem 3

Lecture 41 Exercise 03. Solution 3

Lecture 42 Exercise 03. Problem 4

Lecture 43 Exercise 03. Solution 4

Section 5: General Requirements

Lecture 44 Note on the Textbook and online Tool

Lecture 45 RSMeans Online Tool - Tour

Lecture 46 General Requirements

Lecture 47 Project Duration

Lecture 48 Architectural and Engineering Fees

Lecture 49 Workers’ Compensation (WC) Insurance

Lecture 50 Builder’s Risk Insurance

Lecture 51 Exercise 04. Problem 1

Lecture 52 Exercise 04. Problem 1 - Hints

Lecture 53 Exercise 04. Solution 1

Lecture 54 Exercise 04. Solution 1 - Step-by-step

Lecture 55 Exercise 04. Problem 2

Lecture 56 Exercise 04. Solution 2

Lecture 57 Exercise 04. Solution 2 - Step-by-step

Lecture 58 Exercise 04. Problem 3

Lecture 59 Exercise 04. Solution 3

Lecture 60 Exercise 04. Solution 3 - Step-by-step

Lecture 61 Exercise 04. Problem 4

Lecture 62 Exercise 04. Solution 4

Lecture 63 Exercise 04. Solution 4 - Step-by-step

Lecture 64 Assignment 03 - Part 1C - Solution - Step-by-step

Section 6: Adjusting RSMeans Data to Job Conditions

Lecture 65 Adjusting RSMeans Data to Job Conditions

Lecture 66 Interpolation between RSMeans Items

Lecture 67 Substituting Known Local Labor Rates

Lecture 68 Overtime Productivity Loss and Extra Pay

Lecture 69 Effect of Inflation-Cost Escalation

Lecture 70 Unit Consistency

Lecture 71 Exercise 05. Problem 1

Lecture 72 Exercise 05. Solution 1

Lecture 73 Exercise 05. Solution 1 - Step-by-step

Lecture 74 Exercise 05. Problem 2

Lecture 75 Note on Exercise 05. Problem 2

Lecture 76 Exercise 05. Solution 2

Lecture 77 Exercise 05. Solution 2 - Step-by-step

Lecture 78 Exercise 05. Problem 3

Lecture 79 Exercise 05. Solution 3

Lecture 80 Exercise 05. Problem 4

Lecture 81 Exercise 05. Solution 4

Lecture 82 Exercise 05. Solution 4 - Step-by-step

Lecture 83 Assignment 04 - Problem 1 - Step-by-Step Answer

Lecture 84 Assignment 04 - Problem 2 - Step-by-Step Answer

Lecture 85 Assignment 04 - Problem 3 - Step-by-Step Answer

Lecture 86 Assignment 04 - Problem 4 - Step-by-Step Answer

Lecture 87 Assignment 04 - Problem 5 - Step-by-Step Answer

Section 7: Concrete

Lecture 88 Concrete: Division 3

Lecture 89 Estimating Concrete: Formwork Estimating

Lecture 90 Estimating Concrete: Estimating Reinforcement

Lecture 91 Estimating Concrete: Estimating Concrete Mix & Placement

Lecture 92 Estimating Concrete: Mini-Assemblies (Shortcut Method)

Lecture 93 Estimating Concrete: Extreme Weather Cost Factors

Lecture 94 Estimating Concrete: Estimating Precast Concrete

Lecture 95 Estimating Concrete: Lightweight Concrete

Lecture 96 Exercise 06. Problem 01

Lecture 97 Exercise 06. Solution 01

Lecture 98 Exercise 06. Solution1 - Description - Step-by-step

Lecture 99 Exercise 06. Solution1 - RSMean - Step-by-step

Lecture 100 Exercise 06. Solution1 - QTO+Cost Estimation - Step-by-step

Lecture 101 Assignment 05 - Step-by-Step Answer - Part 1 - Description

Lecture 102 Assignment 05 - Step-by-Step Answer - Part 2 - RSMeans

Lecture 103 Assignment 05 - Step-by-Step Answer - Part 3 - Concrete

Lecture 104 Assignment 05 - Step-by-Step Answer - Part 4 - Formwork

Lecture 105 Assignment 05 - Step-by-Step Answer - Part 5 - Rebar

Lecture 106 Assignment 05 - Step-by-Step Answer - Part 6 - Cost Calculation

Section 8: Masonry

Lecture 107 Masonry: Division 4

Lecture 108 Productivity Factors & Quantity Takeoff

Lecture 109 Example 1

Lecture 110 Example 2

Lecture 111 Example 3

Lecture 112 Example 4

Lecture 113 Exercise 07. Problem 1

Lecture 114 Exercise 07. Solution 1

Lecture 115 Exercise 07. Solution 1 - Step by Step

Lecture 116 Exercise 07. Solution 1 - Step by Step v.2

Lecture 117 Exercise 07. Solution 1 - Note

Lecture 118 Assignment 06 - Step-by-Step Answer

Section 9: Metals

Lecture 119 Metals: Division 5

Lecture 120 Example 1

Lecture 121 Example 2

Lecture 122 Example 3

Lecture 123 Example 4

Lecture 124 Exercise 08. Problem 1

Lecture 125 Exercise 08. Solution 1

Lecture 126 Exercise 08. Solution 1 - Step-by-Step

Lecture 127 Exercise 08. Problem 2

Lecture 128 Exercise 08. Solution 2

Lecture 129 Exercise 08. Solution 2 - Step-by-Step

Lecture 130 Assignment 07 - Step-by-Step Answer

Section 10: Wood and Plastics, Thermal and Moisture Protection

Lecture 131 Wood and Wood Products: Division 6

Lecture 132 Thermal and Moisture Control: Division 7

Lecture 133 Estimating Wood-Framed Structures

Lecture 134 Using Units of Quantity

Lecture 135 Exercise 09. Problem 1

Lecture 136 Exercise 09. Solution 1

Lecture 137 Exercise 09. Solution 1 - Step-by-Step

Lecture 138 Exercise 09. Problem 2

Lecture 139 Exercise 09. Problem 2 - Note

Lecture 140 Exercise 09. Solution 2

Lecture 141 Exercise 09. Solution 2 - Step-by-Step

Lecture 142 Exercise 09. Problem 3

Lecture 143 Exercise 09. Solution 3 - Step-by-Step

Lecture 144 Assignment 08 - Step-by-Step Answer

Section 11: Doors and Windows, Interior Finish, and Equipment

Lecture 145 Division 8 to 14 & 21 to 28

Lecture 146 Division 9: Finishes

Lecture 147 Division 8 & 10 to 14

Lecture 148 Exercise 10. Problem 1

Lecture 149 Exercise 10. Problem 1 - Note

Lecture 150 Exercise 10. Solution 1

Lecture 151 Exercise 10 - Step-by-step Solution

Section 12: Fire Suppression, Plumbing, Mechanical, and Electrical

Lecture 152 Divisions 21, 22 & 23

Lecture 153 Divisions 25, 27, & 28

Lecture 154 Exercise 11. Problem 1

Lecture 155 Exercise 11. Problem 1 - Note

Lecture 156 Exercise 11. Solution 1

Lecture 157 Exercise 11 Problem 1 - Step-by-step Solution

Lecture 158 Exercise 11. Problem 2

Lecture 159 Exercise 11 Problem 2 - Step-by-step Solution

Section 13: Earthwork

Lecture 160 Earthwork: Division 31

Lecture 161 Soil Excavation

Lecture 162 Cost Basis

Lecture 163 Truck Capacity

Lecture 164 Excavate by Hand vs. Machine

Lecture 165 Optimum Number of Trucks per Loader

Lecture 166 Equipment Rental Costs for Short or Long Periods

Lecture 167 Exercise 12. Problem 1

Lecture 168 Exercise 12. Problem 1 - Note 1

Lecture 169 Exercise 12. Problem 1 - Note 2

Lecture 170 Exercise 12. Solution 1

Lecture 171 Exercise 12 Problem 1 - Step-by-Step Answer

Lecture 172 Exercise 12. Problem 2

Lecture 173 Exercise 12. Solution 2

Lecture 174 Exercise 12 Problem 2 - Step-by-Step Answer

Lecture 175 Assignment 11 - Problem 1 - Step-by-Step Answer

Lecture 176 Assignment 11 - Problem 2 - Step-by-Step Answer

Section 14: Equipment Analysis

Lecture 177 Equipment Analysis

Lecture 178 Example

Lecture 179 Equipment Expenses

Lecture 180 Equipment Rental

Lecture 181 Exercise 13. Problem 1

Lecture 182 Exercise 13. Problem 1 - Note

Lecture 183 Exercise 13. Solution 1

Section 15: Assemblies Estimating

Lecture 184 Assemblies Estimating

Lecture 185 Exercise 14. Problem 1

Lecture 186 Exercise 14. Solution 1

Civil Engineers,Construction Manager,Construction Science Students,Construction Engineering Students