Estimating Project Costs

Catalog description

Prerequisite: IST 203, CVE 170, CMG 220. Examines the basic techniques, guidelines, and tools necessary to prepare formal bids for construction projects. The course focuses on pricing, indirect costs, bid analysis and use of computer aided software. The student will develop skills to prepare material takeoffs, and discuss how these quantities relate to labor, equipment, and time. The course addresses the bidding procedure from receipt of bid documents through work breakdown, work quantification, pricing and bid submittal for lump sum and unit price bids, and preparation of design/build proposals.