Construction Estimating and Bidding: Training Manual to Acquire Fundamental Knowledge in Estimating Building Construction Costs

Construction Estimating and Bidding: Training Manual to Acquire Fundamental Knowledge in Estimating Building Construction Costs PDF Author: Yvon Chabot
Publisher: Independently Published
ISBN: 9781798856284
Category : Education
Languages : en
Pages : 300

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Book Description
The purpose of this manual is to enable students to gain fundamental knowledge of estimating the cost of building construction projects. The procedures used for estimating vary form company to company. On the other hand, the construction industry has become, over the years, more competitive which has made construction companies to do their best in order to offer the best possible service at the least price. To overcome this constraint, it is necessary to know precisely the cost of services. And it would be the role of an Estimator. Unfortunately, there are no specific rules, as it accounts, for obtaining a good estimate, even among individuals within a company. Because of contracting method currently employed (like fast track or PPP) construction companies need precision in their estimates; in addition, as estimators are increasingly consulted at conceptual design stage, we will talk about conceptual estimate in chapter one and then focus on detailed estimations and its process in upcoming chapters.We all know that a good estimator needs to have a good knowledge about construction techniques and factors that influence the realization of a project. We also know that an individual who possesses a high level of experience in his/her field but also could be a poor estimator in the absence of reliable method. So, in this manual we will focus more on estimations' method rather than techniques of construction.A detailed estimate ( Bid Estimate ) can be analyzed in terms of the SIX principal stages of the process:1.Quantity Takeof2.Recap Quantities3.Pricing the Recap4.Pricing Subcontractor's work5.Pricing General Expenses6.Summary and BidTo decode these six steps into an effective and accurate estimation method, the manual is divided into three modules. Each module is divided into chapters. The first module addresses the preparation of an estimate for construction and describes the entire submission process. The second module deals with the methods of measurement of the constructive systems then, in the third module, establish the prices of the elements, the expenses of the general conditions and finally, close the submission.

Construction Estimating and Bidding: Training Manual to Acquire Fundamental Knowledge in Estimating Building Construction Costs

Construction Estimating and Bidding: Training Manual to Acquire Fundamental Knowledge in Estimating Building Construction Costs PDF Author: Yvon Chabot
Publisher: Independently Published
ISBN: 9781798856284
Category : Education
Languages : en
Pages : 300

Get Book Here

Book Description
The purpose of this manual is to enable students to gain fundamental knowledge of estimating the cost of building construction projects. The procedures used for estimating vary form company to company. On the other hand, the construction industry has become, over the years, more competitive which has made construction companies to do their best in order to offer the best possible service at the least price. To overcome this constraint, it is necessary to know precisely the cost of services. And it would be the role of an Estimator. Unfortunately, there are no specific rules, as it accounts, for obtaining a good estimate, even among individuals within a company. Because of contracting method currently employed (like fast track or PPP) construction companies need precision in their estimates; in addition, as estimators are increasingly consulted at conceptual design stage, we will talk about conceptual estimate in chapter one and then focus on detailed estimations and its process in upcoming chapters.We all know that a good estimator needs to have a good knowledge about construction techniques and factors that influence the realization of a project. We also know that an individual who possesses a high level of experience in his/her field but also could be a poor estimator in the absence of reliable method. So, in this manual we will focus more on estimations' method rather than techniques of construction.A detailed estimate ( Bid Estimate ) can be analyzed in terms of the SIX principal stages of the process:1.Quantity Takeof2.Recap Quantities3.Pricing the Recap4.Pricing Subcontractor's work5.Pricing General Expenses6.Summary and BidTo decode these six steps into an effective and accurate estimation method, the manual is divided into three modules. Each module is divided into chapters. The first module addresses the preparation of an estimate for construction and describes the entire submission process. The second module deals with the methods of measurement of the constructive systems then, in the third module, establish the prices of the elements, the expenses of the general conditions and finally, close the submission.

Estimating in Building Construction

Estimating in Building Construction PDF Author: Frank R. Dagostino
Publisher: Pearson Prentice Hall
ISBN: 9780132231374
Category : Building
Languages : en
Pages : 372

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Book Description
Everything needed for a course in Estimating is provided in this proven text, which combines coverage of principles with step-by-step procedures. Ideal for construction, architecture, and engineering students, it reflects the popular approach of tracing a complete project's progress. The use of computers as a key estimating tool is incorporated throughout.

Construction Cost Estimating

Construction Cost Estimating PDF Author: Len Holm
Publisher: Routledge
ISBN: 1000345130
Category : Technology & Engineering
Languages : en
Pages : 426

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Book Description
Construction Cost Estimating equips a new generation of students and early-career professionals with the skills they need to bid successfully on projects. From developing bid strategies to submitting a completed bid, this innovative textbook introduces the fundamentals of construction estimating through a real-life case study that unfolds across its 24 chapters. Exercises at the end of each chapter offer hands-on practice with core concepts such as quantity take-offs, pricing, and estimating for subcontractor work. Online resources provide instant access to examples of authentic construction documents, including complete, detailed direct work estimates, subcontractor work estimates, general conditions estimates, markups, and summary schedules. Through its unique mix of real-world examples and classroom-tested insights, Construction Cost Estimating ensures that readers are familiar with the entire estimating process even before setting foot on the jobsite.

Construction Cost Analysis and Estimating

Construction Cost Analysis and Estimating PDF Author: Phillip F. Ostwald
Publisher: Pearson
ISBN:
Category : Business & Economics
Languages : en
Pages : 488

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Book Description
This work provides principles & techniques for the evaluation of construction design, emphasizing the importance of strong analysis skills & exploring estimation. It aims to provide readers with a balanced & cohesive overview of these two areas.

Project Management for Construction

Project Management for Construction PDF Author: Chris Hendrickson
Publisher: Chris Hendrickson
ISBN: 0137312660
Category : Construction industry
Languages : en
Pages : 425

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Book Description


Markup & Profit

Markup & Profit PDF Author: Michael Stone
Publisher: Craftsman Book Co
ISBN: 9781572180710
Category : Technology & Engineering
Languages : en
Pages : 316

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Book Description
In order to succeed in a construction business you have to be able to mark up the price of your jobs to cover overhead expenses and make a decent profit. The problem is how much to mark it up. You don't want to lose jobs because you charge too much, and you don't want to work for free because you've charged too little. If you know how much to mark up you can apply it to your job costs and arrive at the right sales price for your work. This book gives you the background and the calculations necessary to easily figure the markup that is right for your business. Includes a CD-ROM with forms and checklists for your use.

Fundamentals of Construction Estimating

Fundamentals of Construction Estimating PDF Author: David Pratt
Publisher: Wadsworth Publishing Company
ISBN: 9781439059623
Category : Building
Languages : en
Pages : 482

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Book Description
An international edition of this product is available for sale overseas and in international markets.

New Code of Estimating Practice

New Code of Estimating Practice PDF Author: The Chartered Institute of Building
Publisher: John Wiley & Sons
ISBN: 1119329469
Category : Technology & Engineering
Languages : en
Pages : 293

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Book Description
The essential, authoritative guide to providing accurate, systematic, and reliable estimating for construction projects—newly revised Pricing and bidding for construction work is at the heart of every construction business, and in the minds of construction consultants’ poor bids lead to poor performance and nobody wins. New Code of Estimating Practice examines the processes of estimating and pricing, providing best practice guidelines for those involved in procuring and pricing construction works, both in the public and private sectors. It embodies principles that are applicable to any project regardless of size or complexity. This authoritative guide has been completely rewritten to include much more contextual and educational material as well as the code of practice. It covers changes in estimating practice; the bidding process; the fundamentals in formulating a bid; the pre-qualification process; procurement options; contractual arrangements and legal issues; preliminaries; temporary works; cost estimating techniques; risk management; logistics; resource and production planning; computer-aided estimating; information and time planning; resource planning and pricing; preparation of an estimator’s report; bid assembly and adjudication; pre-production planning and processes; and site production. Established standard for the construction industry, providing the only code of practice on construction estimating Prepared under the auspices of the Chartered Institute of Building and endorsed by a range of other professional bodies Completely rewritten since the 7th edition, to include much more contextual and educational material, as well as the core code of practice New Code of Estimating Practice is an important book for construction contractors, specialist contractors, quantity surveyors/cost consultants, and for students of construction and quantity surveying.

Building Construction Cost Data

Building Construction Cost Data PDF Author:
Publisher:
ISBN:
Category : Building
Languages : en
Pages : 718

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Book Description


Estimating and Tendering for Construction Work

Estimating and Tendering for Construction Work PDF Author: Martin Brook
Publisher: Routledge
ISBN: 1317561732
Category : Technology & Engineering
Languages : en
Pages : 349

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Book Description
Estimators need to understand the consequences of entering into a contract, often defined by complex conditions and documents, as well as to appreciate the technical requirements of the project. Estimating and Tendering for Construction Work, 5th edition, explains the job of the estimator through every stage, from early cost studies to the creation of budgets for successful tenders. This new edition reflects recent developments in the field and covers: new tendering and procurement methods the move from basic estimating to cost-planning and the greater emphasis placed on partnering and collaborative working the New Rules of Measurement (NRM1 and 2), and examines ways in which practicing estimators are implementing the guidance emerging technologies such as BIM (Building Information Modelling) and estimating systems which can interact with 3D design models With the majority of projects procured using design-and-build contracts, this edition explains the contractor’s role in setting costs, and design statements, to inform and control the development of a project’s design. Clearly-written and illustrated with examples, notes and technical documentation, this book is ideal for students on construction-related courses at HNC/HND and Degree levels. It is also an important source for associated professions and estimators at the outset of their careers.