Construction Cost Estimating and Cost Control
Learn about the steps involved in cost estimation for construction through the Construction Cost Estimating and Cost Control Course.
Beginner
Online
2 Weeks
4,093 INR Quick Facts
| Medium Of Instructions | Mode Of Learning | Mode Of Delivery |
|---|---|---|
| English | Self Study | Video and Text Based |
Course Overview
The Construction Cost Estimating and Cost Control Training Course is a 100% online course offered on the Coursera platform that discusses the cost control and cost estimation process in the construction industry. The course will provide learners the option to reset deadlines according to their preferences.
After the completion of The Construction Cost Estimating and Cost Control Certification Course, learners will be well versed in all aspects of the cost structures and construction finance management. The course will be taught by Prof. Ibrahim Odeh from the Department of Civil Engineering and Engineering Mechanics, Columbia University.
The Construction Cost Estimating and Cost Control Live Course is an integral part of the Construction Management Specialization programme. The beginner-level course would be taken through expert video lectures, informative course readings, and practice exercises that test the knowledge level of learners.
The Highlights
- Shareable certificate
- Flexible deadlines
- 100% online
- 20 study hours
- Video lectures
- Practice exercises
- Academic readings
- Graded assignments
- Peer feedback
- English medium
- Financial aid
- Subtitles in English, French, Portuguese (European), Russian, Spanish
Programme Offerings
- Digital Shareable Certificate
- Flexible Deadlines
- 100% Online
- English medium
- English Subtitles
- 19 Study Hours
- financial aid
- video lectures
- Practice Exercises
- Academic Readings
- Graded Assignments
- peer feedback
Courses and Certificate Fees
| Certificate Availability | Certificate Providing Authority |
|---|---|
| yes | Columbia University, New YorkCoursera |
What you will learn
After completing the Construction Cost Estimating and Cost Control Classes, you will learn about the following topics:
- Introduction to construction cost estimating and cost control
- Stages of design in a construction project
- Types of cost estimates in construction projects
- Construction technology and tools to create estimates
- Pricing, labor costs, and equipment costs
- Construction cost control in a project
- Useful tools for cost control
Who it is for
The course is suitable for anyone interested in knowing about cost control in the construction engineering industry.
Admission Details
Follow the steps given below to enroll in Construction Cost Estimating and Cost Control Live Course:
Step 1: Click on the URL given below -
https://www.coursera.org/learn/construction-cost-estimating
Step 2: Click on the “Enroll for Free” option and choose the desired option.
Step 3: Fill in the required details and complete the process.
The Syllabus
Video
- Introduction to Cost Estimating and Cost Control
Readings
- Academic Honesty Policy
- Discussion Forum Etiquette
Video
- Design in The Construction Industry
Practice Exercises
Understanding Design
Videos
- Overview of the Types of Cost Estimates
- Cost Indices
- Cost-Capacity Factor
Practice Exercises
- Cost Estimates Quiz
- Cost Estimates Work Problem
Videos
- Measurement, Masonry, Glass Curtain Wall
- Facade / Wall Finishes / Measurement Overview
- Cut and Fill Process and Equipment
- Cut and Fill Takeoff
- Cut and Fill Software
- Introduction to Deep Foundations
- Concrete Foundation and Concrete Properties
- Concrete Formwork
- Concrete Takeoff: Parking Lot Example
- Concrete Takeoff: Skyscraper Example
- Quantifying rebar Walkthrough
- History of Structural Steel
- Steel Sections in Design
- Structural Steel Takeoff Example
Practice Exercise
Quantity Take-Off and Measurement
Videos
- Cost of Materials and Formwork
- Concrete Material: Reinforcing Steel and Concrete
- Money Component
- Productivity Component and Examples
- Estimating Equipment Costs
Practice Exercise
Pricing
Videos
- Estimate Classification, Methods, and Formats
- Design Estimate project
- Schematic Design Estimate Demo
- Schematic Design: A Deeper Dive
- Building and Finalizing the Estimate
- Checks and Due Diligence
Practice Exercise
Building the Estimate
Videos
- General Procurement: Pre-Bid Estimate and Bid Documentation
- Bid Stage, Bid Returns, and Levelling
Practice Exercise
Procurement
Videos
- Cost Reporting Overview
- Cost Reporting Examples
- Change Orders and Communication
Practice Exercise
Post-Contract Quiz
Videos
- What is Cost Control
- Defining Methods of Cost Control
Practice Exercise
Cost Control
Videos
- Defining EVM
- EVM Parameters
- Performance Examples
- EVM Favorable Performance
- Calculating EVM
Practice Exercises
- Earned Value Method
- Work Problem EVM
Videos
- Close Out Punch List Review
- Close Out Activities
Practice Exercise
Close Out Period
Videos
- Cost Estimating in General Practice
- Tips in Cost Estimating and Cost Management
- Roles and Responsibilities of Cost Managers
Practice Exercise
Cost Estimation
Videos
- Cash Flow Method
- Accrual Method
- Contractor Cash Flow
- Charting Cash Flow
- Calculating Billing
- Payment Cycle
- Payment Cycle Drivers
- Payment Cycle Delays
- Schedule of Value
- Accelerating Revenue
- Front Loading
- Delaying Expenses
Practice Exercise
Project Cash Flow
Videos
- 5D Estimating Systems (BIM)
- Estimating Software in Action
- Workflows
- Implementation Perspective
- Next Steps
Videos
- Program Cost Control
- Defining the Cost of a Capital Program
- Useful Tools for Cost Control
Practice Exercise
Cost Control for Large Programs
Videos
- Money and Estimate in Capital Project Delivery
- Benchmarking and Normalization Process
- Lean Design: Value
- Lean in Cost Control
- Lean Set-Based Design
Practice Exercise
Lean in Cost Control
Instructors
Columbia University, New York Frequently Asked Questions (FAQ's)
The course can be completed within a duration of approximately 20 hours.
Yes, learners who opt for the paid version can purchase the course certificate.
The course is administered by the faculty of Columbia University.
No, the Construction Cost Estimating and Cost Control course does not offer any placement support.
No, the Construction Cost Estimating and Cost Control Certification Course provides no course credits.