Ahmed Abdel Aziz
Introduction to the principles and techniques of estimating construction costs, with emphasis on quantity take-off and pricing elements of work. Prerequisite: CM 323. Offered: Sp.
The purpose of this course is to introduce coverage of the principals and methods used in cost estimating and pricing of construction projects. Applications of estimating for unit price and lump sum contracts will be emphasized. The scope of work for estimate applications will include construction works from building construction projects.
Upon completion of the course, participants should be able to differentiate and use several types of estimating methods (approximate estimating and detailed estimating), structure a cost estimating process, be familiar with the estimating tools, work breakdown structure, coding systems, quantity takeoff techniques, and be able to cost and price bid items and work classifications (e.g. site work, concrete, masonry) of construction projects. Participantsí evaluation will be judged through course assignments/homework on each topic, term paper and two exams.
Student learning goals
General method of instruction
Lectures with in-calss examples.
Assigned reading and solving homework assignments will be the best preparation to success in the examas and the course.
Class assignments and grading
Assignments will cover different topics covered in the course. Each assignment will mainly emphasize estimating of particular building division. Assignment will be done mostly on Excel sheets.
Course grades will be assigned for homeworks, quizzes and exams, and term paper.