Basic Project Estimating

Successful projects require accurate and timely project cost estimating. This course covers the bidding process, planning for the estimate, bid submission and bid follow-up.

Objectives:

• Describe the bid process.
• Explain types of estimates and elements of an estimate.
• Define how to organize an estimating document.
• List quantity take off techniques and pricing techniques.
• Understand estimating labor, materials, and equipment costs.
• Identify direct and indirect costs and determine profit and overhead markups.
• Determine bid submission.
• Learn about post-bid follow up.

View the Calendar of Upcoming Classes & Events